Francis Toribio
New to BP and searching for meets & networking events (GTA)
Hi everyone, I’ve recently (about a week ago) discovered the concept of wholesaling and have noticed the number of REI through wholesaling in Toronto / GTA is less common. What reasons in particular? I’ve heard of who...
Nicole A.
Asbestos floor in personal home - best option?
Recently, we discovered we have a collapsed pipe under the basement cement floor/slab. This turned into sending off a sample of the flooring to get it tested for asbestos. It came back positive, but not a high percent...
Dennis McCarthy
Multiple gas lines?
Hello, everyone -- I'm a novelist doing research. In the story, there's a deserted six-story apartment building that is in condemned condition. Urban explorers and homeless people pass through there to party, to simpl...
Tasha Mckoy
Cap Rate? What is it? How do I calculate it?
Hello BP,I know this may seem like a dumb question, but I'm new to RE investing and want to make sure I doing things correctly. I have my eye on a property and want to plug it in to BP's deal analyzer. It's asking m...
Carrie Westover
Window damage
After a visit to my rental property, I discovered 2 windows were broken. The tenant will be staying for at least another 2 1/2 months. I was originally going to use his deposit to pay for fixing the windows but is it ...
Jack Perfett
Moving Expenses to Income?
Theoretical Question Here.Say I have been allotting 5% of Rent for vacancies, but have been long enough to have a great long term tenant that has been in the property for 4+ years. Is it ever acceptable to move any of...
Dennis Loewen
Introduction to this wonderful community
I wanted to say hello and introduce myself. I wear multiple hats in my world. I am a residential real estate broker that simply helps clients buy/sell/flip/invest. Also, I am founder of a brokerage so I mentor a lo...
Adam Craig
Auction.com seller (bank) backs out of signed contract.
Ive done dozens of Auction.com deals but this was a first.
After being under contract for 50+ days with no contingencies I received and email that the seller for the property I was ready to close on has now backed. A...
Nghia Le
Hello BP fans!!!
I'm a newbie with a fresh real estate license. I either read or heard from BP community that a newly acquired license simply is a ticket to start learning RE. That is true, cause I don't know much. And I don't even...
Ryan Moore
Should I add a contingency if units go vacant during contract?
2 years ago I purchased my first buy-n-hold investment, 4-plex that was 100% occupied at contract signing. While under contract, 2 of the 4 units went vacant without notice from seller. I discovered 1 vacancy from a...