In renting to Section 8 tenants, what should be considered as it relates to minimum income vs. monthly rent? What else should I be asking in the application process for S8 applicants?
hello, i am trying to get the numbers correct here - what is the tax consequence %/share/portion for living in a replacement property purchased with 100% of 1031 funds? Lets assume I have 100k of 1031 money.My though...
Hi, I'm an international student,20 years old, and moving to Canada in September in Toronto. So, if I want to buy a multi-family unit(9 to 10)for myself as well as for investment purposes(student rental), will the ban...
I'm getting 4 units ready to rent, primarily targeting Section 8. In our area, either the recipient pays 30% of the monthly rent OR they simply receive a voucher for a rent amount and HUD pays the entire amount.For te...
My wife and I have been house hacking a duplex (we live in the larger front unit; the back unit was a long-term rental first, and now we're experimenting with AirBnB). We are thinking of moving on to our "forever" hom...
We have the ability to pay $200K on our existing loan which is at 4%. Instead I am wondering if I should invest in an addition (approx 600 sq feet), 1 master bedroom, 1 bath & space for office. Current home is ran...
Learnt some interesting stuff today. For using an on 3&4 unit MF, you cannot use a gift as cash reserves. I believe you need at least 3 months of cash reserves (at least according to 1 lender). BUT! You can use th...
I had a storm destroy sections of fence at a single family rental property I own. I intend to have all sections repaired by one fencing company on a single invoice. I have three different neighbors who all share a por...
Hi BP,I am looking to buy a portion of my neighbor's land, combine it with mine and then build on it, but am not sure where and how to go about it. My land is currently not buildable because of its size, but my neighb...
Anyone built new construction specifically for Section 8 tenants, or similar situations where tenants are low-income, but rent is somewhat guaranteed by vouchers, etc? I am looking at building a quad w/ 4 units (2bd/1...