Investment Info:
Single-family residence buy & hold investment.
Purchase price: $715,000
Cash invested: $297,000
Current Listed Price: $830,000
Original Listed Price: $950,000 (4/13/2024)It has ...
Hello fellow Canadian investors. I’m trying to structure a vendor take back mortgage. I’m guessing there must be differences in the terms in Canada vs USA. I am planning on 20% down , then a fixed payment based on ...
I was hopeful to receive some guidance on the best way to underwrite a mid sized multi-unit building (11 Units) with a planned use of Air BnB. Would you underwrite it more in line with traditional multifamily apartmen...
Obviously I am new to this! I will be renting what use to be my primary residence out in 2018, while I live with my elderly parent to help them for a few years. I signed an agreement with a Property Manager a month ag...
Hi all!Tax and property related question:I have my primary residence listed on a site called Peerspace, which is basically like Airbnb for photo and video shoots.I'd like to start promoting this more, as it is another...
I have recently been asked if I'd be interested in purchasing a mobile home park for $69,900 that produces $1,900 monthly income with 5 more spots available.I have no clue where to get started and what questions to as...
I have a LLC that i use to rent properties. In a couple of years i want to use income derived from that to help qualify for a mortgage. How should this be structured so that i can properly use that income? This is ...
My understanding is that when purchasing a STR property using a 10% second home loan, you can't use potential STR revenue to qualify for the loan. If this understanding is true, does your revenue count towards reducin...
Hi All, I currently own and manage 10 units with my parents. I have been the property manager for all units and recently invested in a property management software called Buildium that seems to be super helpful so far...
I have just started with few rental duplexes and fourplexes and learned already from my mistakes to do thorough background check, quick eviction and provide quick service. But I do not want to make all possible mista...