I rented out my previous home in Woodbridge, Ontario (GTA-Toronto) but due to recent price corrections and inventory glut in last 2 years, I have negative cash flow. I am trying to decide if I should continue to Hold...
6 months ago I purchased my first investment property. I used an fha loan and purchased a 4-plex for $575k. I put $25k+ in renovations into the most neglected of the 4 units and moved into that unit. I’ve already forc...
Hi there,My name is lyle and I am a Baltimore teacher and prospective real estate investor. After months of reading this blog and several bigger pocket books I have paid all my consumer debt off and am currently house...
Hey BP Peeps,I'm looking for feedback on what you would do in this situation. We have a tenant who gave us 60-days notice they are not planning to renew their lease (expires Jan. 31; 60 days notice required in lease)....
hello,I know this is a long shot but I was wondering what a good amount of money would be to start a hard money lending business? I would only have about 5k to start out with and I know that's not alot but is it possi...
Hello everyone,I hope this post finds you all are well. I have some road blocks that I thought maybe one or many of you all could help clear up for me. As a new investor tired of paying someone else's mortgage my lea...
I am looking to buy my first rental and would like a bit of help on which one to go with. Both properties have expenses of $1900 (includes the 5% and 10% expenses) or so and I am responsible for water/sewer only. I wi...
Does offering a large amount of earnest money hurt your ability to negotiate a lower sales price?I was thinking about offering $20k in earnest money on a $180k house. They are asking for $185 and $1k in earnest money....
I have an attorney holding 3 properties in a probate situation. I have an investor interested in purchasing all of these properties at once and wants me to get them under contract. The attorney will not agree on a c...
Looking into hiring a sales agent to close on my leads. Any suggestions on how to structure pay? Commission? Base+commission? If commission, then what percentage?
Help is greatly appreciated!