Live in New York City but assume that I should be making the investments in other markets.
Hi All,Wondering if in general investors are setting aside a % of their rental income for income tax. I realize this will differ greatly depending on personal income/location etc. but curious (especially in Ontario, C...
My grandparents are selling their 5 room hotel (they fully own it). This motel has a one bedroom house (Maine residence with office for motel) and a two bedroom mobile home on the property renting for $200/week. It is...
I am screening tenants for my first rental property and have an application form created (all the typical questions) and was planning to use Smartmove for a credit & background check. A prospective tenant emailed ...
Hi all, Could someone please shed some light on how financing is handled during a construction project? I understand most traditional loan would be expected to be paid off before a major construction project? and I wi...
Hey everyone, my name is Blake and I’m an aerospace engineering student based in Springfield, Mo. I am looking into buying an investment property in the next year or so and was wondering about DSCR loans. Are there an...
Hello BP Community,I am signing up for my real estate licence classes online this week and anticipate finishing them up and taking the state exam before the end of the year. I am looking for a sponsoring broker to wor...
Most people start by finding a “deal.” “Deals” are usually low-cost properties.
Buying property based on price or initial return leaves a lot to chance. What do I mean by that?
Below is an illustration showing what ...
Is it typical to have to pre-paid a full year of insurance on a portfolio loan? I was told my closing cost would be 5% but after receiving the itemized list of everything included it’s more like 15%.