Max M.
What's up guys? Mom's Basement Loser from Palatine, Illinois (TLDR alert)
With my burgeoning interest in real estate I decided to join Bigger Pockets to hopefully surround myself with people with whom I can talk about this business and maybe even work with in the future. In real life I'm su...
Justin Jarboe
LEASE ADDENDUMS? What extras do you add to your lease
What are your favorite add ons to add to your lease? Do you have an addendum to your standard residential lease? Examples: Smoking is prohibited in the unit. LANDLORD permits the use of parking space #XXXX t...
Michael Rosehart
Toronto & Vancouver Home Owners are MEGA RICH?! (on average)
The average mortgage debt in Toronto is $194, 000 and 259, 000 in vancouver. Given the average house price is in toront and vancouver is north of a million are we surmising that the average torononian is mega rich? ...
Alex Brillantes
I tried using OPIUM to buy a townhome, bank says maybe
Hi all,Newbie from Scarborough (Toronto) here.Now that I've got your attention, no I didn't try to use drugs or drug money ... I tried using Other People's Inactive Underutilized Money; OPIUM for short.Last week, I s...
Steve T.
50% rule on SFH
Hi all,
Looking into purchasing an investment property. In my home market, I can get into a little 2 BR SFH for about 60-70k that should rent for $650-700 or so per month.
Here's what I don't get. Using the 50% ...
Zach P.
FICA TAX Question (EMPLOYEE and EMPLOYER/EMPLOYEE SIDE BUSINESS)
I'm hoping a tax expert can answer this question I have. In my current job, I make close to the fica cap which my employer pays both employer and my portion as the employee. I only contribute the matching 5% to my 401...
Peter J Donaldson
Yet another 2 out of 5 year Primary/Rental Ratio question (sorry)
Ok, I have read all the IRS publications and seen many forum answers on this basic subject and I THINK I now have an answer from IRS publication 523 but would like confirmation if possible as I think I have a quite ra...
Dylan Tettemer
Is No Money Down Really No Money Down?
So I have been studying more and more into creative financing and different ways to purchase properties with a low amount of cash needed. I have also noticed that a lot of people want to get into real estate with a ve...
Michael Baradell
What's your cash flow goal?
Hey BP!After all expenses are subtracted, what's it the minimum cash flow you shoot for on a single family home?
Carey Branam
Help me evict nightmare tenants who continue to clog plumbing
I’ve got nightmare tenants in my rental property. The septic keeps backing up into the basement shower. It took a month of doing multiple repairs to septic, laterals etc to figure out the problem. We started snaggi...