Full disclosure, I'm a CPA and this should not be construed as tax advice. Please consult your personal CPA.I did a search on this topic and didn't see much discussion, so I figured I'd chime in. My wife and I are l...
Hi,
Since I have a couple of friends studying and living in California I would like to know is there any affordable markets to invest in California?
I served a notice of non-renewal to my tenant with the lease ending in June. The tenant requested an extension to find a new place, so I granted a 15-day extension with a new end date of July 15th. It was clear to bot...
Hi am planning to switch from a property manager company for long term tenants to RentRedi.Can you share some tips if you have done this before? 1. How did you handle things like moving the lease over? Did have the te...
Hello BP Family, I need some help. So I was connected with a lender when I first expressed my interest of investing. For the most part I think she has my best interest in mind, but when I ask questions wanting to lear...
In response to several requests, we have made a minor upgrade to the forum that I think many of you will find helpful. This new feature adds a link that shows topics that you have posted in that have received a reply...
Hello great BP people of Canada!I'm reading this info from CMHC and wondering what a specific line means. (This could be a dumb question)Source: https://www.cmhc-schl.gc.ca/en/hoficlincl/moloin/m..."Loan-to-Value Rati...
I have a couple that purchased a duplex in 2010: $265,000. Go zone depreciation was taken in 2010: 50% of property value. Probably land was about 10%, so the property about 238,500, thus 50% depreciation would be aro...
Hello all,I have been driving for dollars lately and started looking up tax records for the properties to get owners name, address, assessment values, tax records, etc. However, have questions regarding the documents ...
How do you know a rough ball park of how much a contractor is going to charge before asking them to come out & bid the work? What signs do you look for so that you don't waste their time or yours when their pricin...