Hi, newbie to the forum, was hoping I could get some advice on how to claw back rent arrears after getting Ontario LTB order. Had a bad tenant who took advantage of Covid and ended up owing me approximately $15000 in ...
I live in South Florida. Right now duplexes are going for a minimum of $300K in a good area and all of them are pretty much out dated and need work. Most of them don’t even meet the 1% rule. The ones I do find go quic...
Hello all,
I purchased my primary residence in 2015 which I later converted to a vacation rental (weekly in summer, monthly in the offseason). It cash flows approximately $5,000 per year or $416 a month. The mortgage...
New investor troubles. I have a rental property that the tenant has vanished. It has been about 10 days since I have heard from them and the rent has not been paid for this month. Oct. Is the only way to deal with thi...
Hey everyone. We currently have 3 long term rentals that have done pretty well for us and for our next purchase, I want to dive into a short term vacation rental. This will be located too far away from me for me to ha...
I was just throwing ideas around in my head and was thinking... Has anybody ever heard of a strategy along the lines of:1: Showing homes in need of repair to potential home buyers2: Have the potential homebuyers tell ...
I live in a 3 bedroom 1 bath multi family home. On the 1st of March my landlord leased one of the vacant rooms to a man who seemed to me as a homeless. On the 3rd day of him living here there has been a foul, terrible...
Hi BP Fam! Looking to get my first STR via arbitrage model in Annapolis, MD. Looking for others to partner with and/or gain insight into the exciting world of STRs! Planning on having my first property before Christmas.
I'm currently in the process of analyzing a property I've found. A few details about the house:
Purchase Price: $250K. 20% down. 3 Bedroom, 2 Baths, 1727 sf Built in 2018Needs absolutely no workI’m wanting to purchas...
I have a property under contract in Truro, MA that will be positioned as primarily a STR. Cost is $1mm and we are looking to put 25 - 35% down depending on terms. We believe the property will gross $90k/year in peak s...