Kevin Woods
First time duplex buyer. Q's about renting out upstairs
Hi fellow investors!I just bought a house and recently converted it to a duplex so I can get some financial help and save for my next property. Im planning on renting out the 3 bedroom main floor for $1500-1800 all in...
George Brown
STR Dominican Republic
Hello BP family! As I bounce around from one idea to the next, I was wondering if anyone in the community has been successful with starting up a short term business in the Dominican Republic? When I search properties ...
Garnett Freeman II
Help with a transaction.
I came across a deal for a property that is actually included in the sale of a business owned by the landlord. I am in Texas. Is it ok to conduct the sale as a real estate transaction and include additional contract c...
Robin Secord
Owner paid utilities (rent all inclusive) - Raising rents after we purchase to cover utilities - Should we steer clear or is there opportunity???
Hi BP Community!In looking at several multifamily properties, I am seeing some that don't have separate meters & the units are rent inclusive. The problem though, is that the current "all inclusive" rents being p...
Jarrod Williams
Hotel tax and sales tax on short-term rentals
I am trying to get my barrings straight on taxes, fees, etc. associated with short-term rentals. In my state short-term is considered less than 30 days. According to my reading once classified as a short-term stay I...
Derek Hookani
Private lending fee structure
Hi all,A newbie question here. When a private lender lends out money that comes from their HELOC, they have the cost of interest to lend out that money. Is what they charge normally on top of that cost or inclusive of...
Andy Welmers
Student Rentals - utility bills?
In Ontario (Ottawa) people with student rentals, do you include all utilities (heat / hydro / water) in the cost for students, or do the students pay the utilities on their own (split the costs between them)?Thanks, Andy
James J Young
How to acquire funding for investment properties in Mexico? (Canc
After moving to Cancún I found a 3 apartment deal fully furnished already cash flowing on ABNB for $115,000. We have been able to raise $70,000, which leaves us needing an additional $45,000. Part of the funds we have...
Mathew Scott
My First rental property - questions?
Hi all, I just purchased my first property in the Durham Region, Ontario. I'm currently trying to setup all of my paper work (leases, rental app etc...) What is the consensus on this forum with regards to the followin...
Nicholas Sanchez
Insurance for water leak
Hi all!I live in top floor of a condo building and my downstairs neighbor informed me that a leak was coming through his ceiling. I called a plumber/hvac technician since I found some water in our mechanical closet. T...