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i'm currently building up capital to purchase my first real estate property. right now, i'm putting all my money in a high interest savings account and just letting it build. i hear things like using my RRSP to fund i...
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Here's the scenario - I've got my eye on 2 small properties (duplex + quad) in Northern IL . Both represented by same company (Coldwell Banker), but different agents. Prices are at $150k & $200K. Question - Can...
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Hi I'm a small time landlord and been reading BP for while. I just have a 4-plex little apartment in the Miami dade areaI've read a lot of mold posts and I'm not sure what to do with my personal issue with the tenant...
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I currently have a duplex under contract that has tenant in both sides. They have lived there for years. One since Feb 1, 2014, and the other since August 1, 2017.
The renewal terms says it will automatically renew f...
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Hi All, I have a question on the capital gain deferral. I made some capital gains in December 2019 and I was wondering if I can invest these gains in an opportunity fund (Fundrise opportunity fund) in January 2020 an...
Hi everyone,Myself and my girlfriend are starting our REI adventures this year, we've saved some money, and preliminary discussions with the bank manager sound very promising for mortgage approval. Prior to starting t...
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Hello everyone,
I currently own 1 rental property free clear and have it set up in the name of my LLC. Initially, I planned on trying to leverage this equity to purchase future rental properties, but was thinking ab...
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Good eveningMy boyfriend is a first time home buyer and is looking to secure financing. He has the 20% down payment and a credit score over 800. Currently he is looking for a first time buyer program but can’t find o...
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What's the best way to get inherited tenants out of a property when you buy it?Any advice, experiences, and knowledge of the potential legal pitfalls and ramifications would be much appreciated!
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I was wondering if anyone has come up with a successful agreement that aligns the interests of the owner and general contractor. I was looking to "partner" with a GC to work on some rehab deals. I want to set-up a s...