I have a decent sized rental portfolio made up of sfh and duplexes and have often thought about selling one a year once we decide to fully retire. I realize depreciation recapture and capital gains taxes would need t...
I am 16 years old and started reading financial books (Rich Dad, Poor Dad, Cashflow Quadrant, etc.) at 15. have 2 index funds set up (one for retirement) and am generally pretty far ahead. I came across rental proper...
I know the number of foreclosures varies widely by neighborhood, city, state, etc.
But this current time seems like an investors' dream, when many homes can still be bought for 20 cents on the dollar.
A...
If you’re a DIY person, because you like to save money, allow me to challenge you on that for a second….
Let's say you need your cabinets painted. You get a quote for someone to do it, and it comes out to $14/hr.
In...
Hello, I'm just getting started. I'm listening to BP podcasts and webinars, reading books, taking notes so I'm learning all I can to start investing at the turn of the year.I want to get one property under contract, s...
Hey Guys,So I've decided to start my journey in real estate investing and wanted to reach out. Is there anyone from the BP universe In the Barrie ON, area, who can share some insight into this market and your tips on ...
Hello BP community,Just a little food for thought…as someone who has been actively involved in the real estate investing part of the business. Over the years I have seen various people come and go in our business. I h...
Hello BP,
Does anyone put in their leases that the tenant is responsible for clogged drain lines? If the lines are clear when they move in I feel it would save a lot of headaches with them calling me. I would have...
As rents continue to rise, this in turn increases the cost for tenants to move in to a rental property. It is not uncommon for us to list properties for $1500 per month. This can end up costing a new tenant over $3k t...
Roof is not in great shape (hail damage), but is functioning fine and not leaking. Insurance will not cover a new roof since I bought it in this condition. Would you replace it now or try and squeeze a few more y...