Hello fellow BP friends,I am frustrated with my property insurance and was hoping someone could guide me in the right direction. I bought 8 out of state rental properties within the last year and have insurance on al...
It's getting harder to buy a home in Canada, which is great for investors! Canada Mortgage and Housing Corporation (CMHC) insures mortgages with less than a 20% downpayment, and they are tightening up the qualifying ...
Hello,My current tenant has agreed to stay an additional 14-months (great tenant!) and I'm curious what the best route is to renew a lease? My first thought is that it would be the easiest to amend the lease end-date...
Hello There,
I have two units that have tenants I inherited that are significantly under market. They are approximately $3-400 under market. Come this spring I would like to get them to move, renovate and re-...
To pantry or not to pantry that is the question, this is the first time we get a house with no pantry, it looks like it had a pantry before but was removed to ad a doggy door. If it did have a party it must have been...
A while back I heard Del Walmsley on the radio talking about why apartment buildings are the best type of real estate you can buy. I can't remember the exact details but here's the summary:-Most young people want a pl...
Hi all,
One of my good friends is trying to refinance his house. Within the last month he got two appraisals from two different appraisers. The first appraisal came in at $645,000. Three weeks later, the bank ordered...
12 unit apartment complex that will gross $9,000 month in rent, after expenses nets about $7,000 per month. Fully renovated, Low property tax area, low insurance area. No mortgage on it. High rental demand due to l...
Anyone renting out similar units but with dissimilar bed sizes who might be able to confirm occupancy rate differences between the two?A Full XL is 50x80 vs a queen which will leave 18" on all sides of the bed if that...
I am looking at purchasing a mobile home park from a friends father who is older. . It is run down due to his age. This is the situation there are 40 lots, he owns two of the trailers only 10 lots leased he is getting...