Clayton Gray
Discussion: CMHC waiving a red flag nation wide.
'"Home prices have risen ahead of economic fundamentals such as personal disposable income and population growth, resulting in overvaluation in many Canadian housing markets," the CMHC said.'this is the first time the...
JJ Buckner
Buying Foreclosure for First Rental
Hello everyone, I am a recent college grad working full time as a civil engineer. I am wanting to get started in purchasing rental properties but don't have much money to start. I have been looking at cheap foreclosur...
Kujtim Beganaj
Questions to ask before buying first rental property
I just received a call back regrading a post on a house on Craigslist. It is a row house and looks to be in below average condition, will need some cosmetic work inside from what I could tell on the pictures. Before I...
Andrew Becker
How to charge tenants for garbage pick up....
Hello!!
I manage 70 low-Income apartments in Grand Forks, ND and I love it!
Lately, I've had a problem with tenants throwing large garbage items like beds, bed frames, desks... etc out by the dumpster. That is fine...
William S.
Construction Draw Changes?
What happens if I complete some of the tasks listed on the construction draw under general contractors responsibility? Does that free up money so to speak use elsewhere on the house or would it somehow be a bad thing?...
Janet Behm
Last, Last Minute Tax Actions
1) Buy Supplies in Advance (to increase expenses and offset income)
How much disposable equipment do you expect to use in 2021? Order it now so the cost is deductible in 2020 if you need to offset income. Buy what yo...
Antonio Esquivel
Reporting rent income
Hey everyone,
I just recently purchased my first house and I will close in about a month. The house is a 4bed 2 1/2 bath. Me and 3 other friends will be moving into the house.
Now my questions is, the rent that my ...
Joseph Vu
partnering up, tax question
So my brother wants to partner up and fund 100% of the down payment for all the deals I find. We would both be on the deed. Would this trigger an tax implications? Would this count as a gift?
Dan Brindley
Is It pheasible to rent out homes if you live in another coutry?
I'll be working and living in S. Korea for the next 10 years at least. I will have a disposable income of 30k a year. I really wanted to invest this into RE, but it's kind of scary attempting it from the other side ...
Corderos SMith
Texas Raised
Hello all,Go by Cord. Over the last 3 or 4 months I have found myself fed up with paying rent with no equity. Within the next 3-4 years my fiance and I will both be nurses and have a lot more disposable income to play...