Mike Jebo
New BP Member from Toronto, Ontario
HI EVERYONE! I’d like to introduce myself to the BP community.I'm a young realtor and investor that lives in Vaughan, Ontario. I’ve been licensed and practicing full time for a few years now in the Greater Toronto Are...
Jennifer Maiolo
Long Term AirBNB Rental
Hello! My parents and I are new to the AirBNB community. Our first inquiry is a couple who wishes to stay in this single family home for 3 to 6 months for work. This would be our first guests to stay in this home thro...
Justin Hayden
Buying first property.. single family or multi-family?
Hi-My wife and I are looking to buy our first property. I’m personally leaning towards a multi family home because I think it’s a great way to get started in real-estate while also having tenants pay for our mortgage....
John McKee
Is anyone using all interest loans as a strategy?
I'm trying to retrain my brain on this kind of product compared to the traditional Principal and Interest. My thought is why wouldn't I do an all interest 10 year loan at 4.99%? Prepayment penalty is only the first ...
Julie Marquez
Military Tenant Going on Deployment
So I understand that a tenant has the right to break a lease with military orders, but our rental agreements are M2M with this move-in fee caveat.For example: Rent $1650. Refundable deposit $825. Non Refundable Move I...
N/A N/A
50% rule and the 2% rule
I thought I had heard another investor say that the two rules were basically the same thing. Maybe I misunderstood, but if not could someone explain how they are the same thing??? And also, the 2% rule seems to work...
Joseph M Limpert
Struggling to make properties work in my area
Since I signed up for my BP membership, I have been pretty diligent about trying to evaluate at least a few properties every day. Originally, just to get reps in I was utilizing the rental calculator for everything j...
Nick B.
50% of the house for sale! What's there for an investor?
Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
Will Barnard
The Truth about Wholesaling!
There are so many people and companies out there who claim to be wholesalers and many more newbies who claim to want to start out in wholesaling as a means to get started in the biz.
Let me tell you about a recent ex...
Branden Sewell
That didn’t go as planned!
I reached out to a lender and I was told I had to have capital of my own. I thought you didn’t have to have capital? He told me any lender is going to require me to have capital. He basically told me to save up some m...