Wil Taylor
To hold or to sell, moving from ON to BC
Hey looking for some thoughts.
I'd like to move from Ontario to BC with my family. I own a rental property (half duplex) and my own house (single) in a really good neighborhood. I have about 300,000 equity built up i...
Erik Grahn
Buy or wait duplex in east bay
I know no one can answer this with certainty but I am putting an offer on a duplex today and getting cold feet. I was going to live in one of the units and rent the other so I could get a primary home loan. The proper...
Sharon Ho
Finances of a Real Estate Investor
I'm curious to learn more about personal finance choices that BP members have made in addition to owning real estate. As you build your wealth, what are your "must have" numbers or "must do's" in life? Many recommend ...
Scott Kaltenborn
Should I rent to a retiree offering 18 months advance rent?
Hello,I am considering renting to a retiree that has offered 18 months rent in advance. She is selling her home and will live with her 22 year old son. Her monthly income is $2200 in social security and her son earns ...
Koel Gaylord
ROI for large purchases and small
I have been looking at MFR and three bed two bath are nice, however, they are much pricier than 2 bed 1 bath and bring in the same ROI due to larger/smaller mortgage costs. Although I can ask higher rent for the three...
Liam Somers
1031Exchange Experiences and Strategies
Purchased our first property (a duplex in IN) about 3 years ago, and we're now looking to sell to lock in the appreciation that we've had over that time. My thoughts were always to do a 1031 exchange to a larger multi...
Andrew Green
How trustworthy are cap rates
How do you verify if the owner has included all expenditures to calculate their cap rate? Considering a 16 unit for 560k with an 8.04 cap rate. Is this considered a good cap rate?
Collin Lee Johnson
Sick of me yet? 423 Byron St
Hey guys, day three of whatever this is, once again I recognize most of you aren't from my area, but any eyes or ears on this would be appreciated, and you never know where things like this will lead you. At any rate,...
Joey Swearingen
Overcoming hesitation on heloc
I want to tap into my equity to get another rental, but I have a hesitation or fear of doing a heloc because I don't want another monthly obligation to worry about. I have an amazing rate on my mortgage of 2.85 so I ...
Bolawa Fadoju
Potential Buy and Hold
Hey BP Family,Newbie here putting in an offer on a Buy and Hold SFH (2BD, 1B, Half Basement). I'm looking to offer $90k for this property, rehab costs in the region of $45k. I envision using cash for 20% down payment ...