I saw a deal recently from a wholesaler on BP and I wanted to run something by some of the more experienced investors. I'm well aware that most wholesalers tend to "dress up" their ARV numbers and "dress down" their ...
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
I just recently signed a new tenant in a unit for a 6month lease. It has been two months and he called today and told me they are buying a house and will be out by the end of february. I'm am unsure if my wording in m...
Hi Canadian BPsFor Judicial sale Foreclosures (I am in Alberta), can anyone advise step by step on how the foreclosure process works? Even if you can direct me to some trustworthy links, I would appreciate it!Thanks,Ram
It seems that there is more and more talk about how any future housing bubble will be prevented. Bankers and monetary officials are discussing using interest rates and other means to prevent this in the future.
I do...
Hello,
I currently have a vacancy and can't believe the lack of tenants this time of year!
In the past I've always had the property turn over in spring/summer. 1 or 2 craigslists adds and my email box is full.
T...
Hello BP members,A little about myself.. I am 26 and reside in the greater Houston area. Over the past few months, I have developed an interest in buy-and-hold investment real estate. The reasons for my interest are m...
Which is more important to you?From what I've gathered, it's basically impossible to get a nice, low 30 year fixed with an LLC. OTOH, then you're more vulnerable if you get sued.So if given the choice, would you finan...
Good morning BP! I am still new into real estate investing. I am learning all I can and actively looking for my first deal as a house hack just south/east of Denver Colorado. I met with a financial advisor last week t...
Formed a 3-way LLC partnership in 2018 but no business was conducted. How much should it cost to file and does each partner need to file separately? I received a quote for $600 and this seems outrageous. Also, does an...