It seems impossible to me to find deals that will follow the 2% or 50% rules in the Montreal region. Is it just me or the numbers should be different in our market ? What are the rules that work for you?
Hi BP Community,I am a real estate newbie, and like most novices, I have been researching and educating myself, but have yet to take action. I feel a bit paralyzed but am determined to make something happen. I am re...
Hi! I'm finally, after months and months of waiting, coming to the end stage of receiving permits for a 1000 sqft, 3br/2ba, detached ADU in deep east oakland. As I go through this process, as a total newbie, i'm start...
BACKGROUND:
COVID-19 has created a state of chaos never seen before in the modern world and as we dream of getting back to “normal” there is an unsettling reality of what exactly “normal” will look like on the other ...
Hey there,
I'm almost ready to purchase a house hack and have found some good deals right off the MLS. Trouble is that I don't yet have long-term employment in place (just moved to the area a month ago). I really wan...
This is the breakdown of the deal:1. I own a 4-plex (2-1 story duplexes side by side) with a-lot of equity.2. Get a Heloc on my property for a deposit to get construction financing3. Apply for a construction loan to b...
I have recently heard of an interesting tax-saving strategy of how to convert traditional IRA to Roth while paying very little in taxes. I would like to share it and get some feedback.
In this example I'll use a trad...
So we are just finishing up a beautiful house right now. Its a 3 bed/ 2.5 bath ranch style house with attached garage and detached garage in back both in wonderful shape.Fenced in yard with big above ground pool and p...
I already own one property. I want to invest in more duplexes. Should I get a partner or do it alone? I have many business friends approach me wanting to partner with me. Also where I live the market is booming! Shoul...
So my wife and I are starting to look for a house to buy with our IRA, and then rent out, probably in Florida. This is something we have been considering for a couple years, and understand the procedure and rules. ...