Background: I bought my place in July 2020. It is my primary residence for almost 2 years, however on the title of the home my brother is listed as 25% owner. We would like to sell the property in order to upgrade to ...
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 ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $127,000
Cash invested: $143,000
This did turn into a beautiful duplex after our 10 month renovation. It wa...
I'm curious on how people with over 100 properties structure their entities. I currently have 34 properties (52 units) and have them split out over 3 different single member LLC's. Do other owners continue to create e...
Hello BP family. I have two questions as I embark upon my first 1031 exchange and I need your help. Here are my three questions...
1. Can I do a 1031 exchange to close on a property that I currently have under a sell...
Hi guys I'm a investor / business owner ( sell windows and doors) in Michigan.
I have SF (22) and small MF ( 14 units in 4 properties) and 1 commercial (where I run my business and also sub lease to 4 other occupant...
How do you run numbers on multi family properties? I know how to do everything with a single family home, but i am not sure if the same rules apply to multi family.
Hi all,How much cushion should you have saved for fees and misc expenses when buying say an investment multifamily property?For example say I have $100,000 saved and go to buy a $400,000 complex with 20% down so 80k d...
Hi BP,What is the best strategy to use when buying a turnkey property? How much profit are the turnkey companies making off of the deal? With that being said I realize analyzing the deal is crucial, but this will more...
Hi BP!!Looking for some help checking over my numbers for this deal or no deal. This is large higher-end home in foreclosure.Price/offer: 200kSQFt: 4,500p.psqft: $44.5!8 yrs young!Repairs- 100k (with buffer) Has an ea...