Daniel C.
Improvements before or after “in service”?
Hi
I’m closing on a duplex next week. I’d like to replace the siding with vinyl. What different tax implications might there be if I do this before I place tenants, or after, when it is “in service”? I’d obviously li...
Chance Bain
Newbie. We our wanting to buy our first rental house
Hello everyone! My wife and I are looking to step into the life changing life style of buying our first rental house. Wanting to do the BRRRR strategy. What are some recommendations for banks and also pointers for us ...
Michael R.
BRRR Issues - Land Contract Refi Options?
Hello All,I purchased an SFR last August from one of my coworkers using seller financing with the original intention of flipping it. This was his mom's home which was owned in a trust, and they decided to use a land ...
Brad Young
Thoughts on Reasons NOT to do a HELOC for 1st Flip?
Hello BP! I've been thinking through ways to help beef up my cash reserves to purchase my 1st flip, and have been seriously considering opening a HELOC. Since you obviously don't pay anything (other than smallish pape...
Donnell Durden
Section 8 Dream turned nightmare
Hey Bp
My sister is the over of a 2 family. And just went through a bit of a nightmare. I need you guys to help me go back with the words of info and encouragement.
1. Upstairs downstairs 2 bedrooms each
2. Failed...
Jared Taylor
Buying My First Property
Hello Everyone,I am looking to break into the real estate industry. I have read a lot of books, listened to a ton of BiggerPockets podcasts and have spoken with industry professionals. Currently, I have a large cash p...
Eve Oliver
Post property on Zillow for rent before closing day
I was taking to a landlord yesterday and since my closing day will be Sept 28th and I have to do bare minimal TLC at the house. She advised me to go ahead a post the property for rent but to provide a date when the pr...
Mark Bouman
Purchasing power tools under investment property LLC
Like any good Dutchman I waited until the big box stores had their after thanksgiving sales to buy some much needed power tools for my investment property. I purchased the tools with my investment property LLC credit ...
BOB CRANEY
What’s the value of a Washer/Dryer in an apartment ?
I have about 10 Rental apartments and in some I supplied the washer and dryer and some I didn’t. The ones with W/D seemed to rent faster but not for much if any more than the apartments with the pair. I did a quick ca...
Saskia Dover
3 Unit Duplex Rental Property in Coldstream, BC, Canada
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Coldstream.
Purchase price: $564,375
Cash invested: $123,887
This home is a duplex with an extra suite in the building s...