I just recently got my first wholesale deal under contract. It's a duplex. The margins are thin, but it's nonetheless a workable wholesale deal. I'd like to carve out at least a little more profit from the deal by neg...
This question is more geared towards my fellow Canadian landlords since our laws are different from other countries.
I'm currently in a small town outside of Ottawa Ontario.
When my wife and I took over our rental p...
After the Covid rent debacle involving CDC and the Supreme Court, here is the next shoe to drop: Federal Rent control. Some states are still holding landlords hostage, by not allowing rent enforcement, eg California. ...
Hi all, I'm not that familiar with the short sale process as I haven't done one yet. However, my father-in-law is moving and he is interested in buying a short sale in Albany, New York as his primary residence. The ...
Hello, I am a newbie landlord and is wondering how to verify income for self-employed people? Tax return? Please advise!
Greetings BiggerPockets,I'm currently under contract to purchase a "duplex". This property was a bank owned foreclosure, listed at $230,000, and our offer was accepted for $140,000. I'll spare the rest of the details ...
I have come across and REO where the previous owner still resides in the property. I guess the bank never evicted them. Either way the bank is trying to sell it with the people in there. I was told I would not be able...
I purchased a home at an Ohio Cuyahoga County Sheriff's auction today for $46k. The comps are in the $110k area. The liens and taxes look good on the auditor and clerk of courts website. Nothing that wont clear up wi...
AllI am starting to explore the idea of buying a house, living in it and flipping it a year later. I have a friend who said he would be willing to live in a construction zone and pay a small amount of rent. This wou...