Hi BP,I wanted to get your opinion on something that's been bugging me for a while now. First off, I'm 18 (turning 19 in a month) and I'm in my first year at McMaster in Hamilton in the engineering program. At the beg...
Hey everyone, I accomplished my goal of getting my first rental property under contract by the end of 2017 and I close on this property soon. I have been calculating the best way to grow my portfolio, but I am curious...
Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...
All:So ten years in and now I'm officially a landlord as I just got served with my first lawsuit. It's in magistrate's court and the tenant is asking for her last 6 months in back rent (~5k) as she says she has not be...
Hello,
Who here does not follow the 50% rule when analyzing/purchasing a property for long term hold? There are a few reasons I can see someone not using it i.e. they are relying on appreciation (not my cup of tea), ...
Hey guys, quick question for a buy and hold.If you had $100,000 cash, after buying properties, how much would you expect to produce with that per year? For example, 25% cash on cash return? I'd imagine that the more ...
Would like to hear from others on this one.Often, when I tell someone about an apartment building located in a class C neighborhood in NYC, the first question they ask is whether I carry a gun when visiting the proper...
A recent post on BiggerPockets indicated the imposition of a new $500 per day fine in California for using potable water for ANYTHING but regular in-house use. No one at all commented on this. This is a serious statem...
How will the actual crisis impact the real estate market in your opinion?
The fact is that , justified or not, the crisis has already hit many businesses including hospitality & tourism, transportation, financial...
The following are my thoughts on the collapse of Silicon Valley Bank and any thoughts of upcoming bailouts. As an advocate for responsible financial practices, I believe that the government should not bail out banks t...