Darren Horrocks
Toronto/GTA Market Correction - Ripple Effects
Hi,First post at BP! My wife is sick of talking to me about investing, so hopefully I can become more involved in this community, and safe my wife her sanity! hahI read this article today (January home sales give rise...
Kerry Hennessy
Bubble Proof?
What is the safest type of Real Estate investing? Who were the investors that still made money in the crash of 2008? I am new to this game and am hoping to be a passive investor doing buy and hold on property that ...
Jeff B.
32 unit deal, but not seeing it
I have been looking at a 32 unit building. The area is currently supporting rents in the 500-600 range. The building is up for auction and in fair shape but will likely need 200k in rehab. The current owner bought ...
Adonis Yancey
FHA or Conventional loan
For an investor who is house hacking which loan option is better? Conventional or FHA. I learned that typically for FHA you can put down 3.5% but for conventional you can put down 3%. For the FHA you get charged twice...
David Stone
How to handle mold reported by tenant
Hi BP!I have a duplex I rent out and have a tenant on one side who reported seeing mold in the corner by the ceiling above the shower. They said they scrubbed it away with a bleach solution and haven't seen a reoccur...
Brendan R.
Punched in the gut...
That is what I feel like right now.We are house hacking a two unit property that we bought in August. The previous owners occupied it for over 50 years and took great care of it but did not separate out any of the ut...
Torey Owens
Refinancing from Hard money to traditional long term
BP!I just purchased a duplex in my LLC for $52k and it appraises for $84k my current interest rate is 8%. A couple of lenders I've connected to are saying the only way I can get refinancing is to remove the property...
Jesse Spaur
Wait for downturn in market or purchase first rental now?
I have 75k saved and ready to purchase my first rental property. Prices in my area are high but interest rates are low . Should I wait or start looking to buy now?
Diane G.
Political uncertainty, cash shortage, sudden shortage of tenants
@Jay Hinrichs once asked what is going to drive the next round of RE correction since there is no sub-prime this time...I would say this time, it is the political uncertainty, sudden shortage of cash, and sudden disap...
Joe Fish
Understanding STR trends
For the experienced STR investors, what insights can you share about occupancy and rate trends? How is 2023 shaping up relative to the past few years?I hear a lot about how over supply is driving down prices and occup...