Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...
Two coworkers I know have agreed to the sale of a house - the one is retiring and selling it to the other. They are not using an agent. The Seller appears to be friends with a person at the title company who is faci...
Hi BP Community - I know there have been a few similar posts on here but being new to RE investing I wanted to pose my questions directly. I'm a (will be) first time investor looking at potentially buying in upstate N...
How will a tenant-buyer be able to afford an option consideration/fee of 3-5% of the selling price if they are not financially well off enough to qualify for a mortgage? One would think that if a person could afford ...
When analyzing a deal and valuing a property, what financing terms do you include? As many of you already know, a deal can look very good to very bad to anywhere in between based on the down payment, interest rate, an...
Hi All,I know it's not the norm, but does anyone know if any lenders will consider rental income if it's been less than 1 year? This is in regards to income and not DTI. I have signed leases and can show 5 months of p...
My friend and I are both new real estate investors. We're partnering to buy rental property in Chicago and we're forming an LLC. As we draft our operating agreement, we are trying to think of must-have clauses and co...
What should I consider when purchasing rental income property overseas?
Let's assume $183/month to account for total CapEx useful life. Considering the property and all appliances, etc are brand new, does it make sense to include $183/month for Capex in the operating expenses portion of m...
Should I utilize my LLC to purchase property?