Jem J.
RE loss not beneficial
We own several rental properties with excellent ROI. These props are all under our personal name. Our combined taxable income was more than what the government considers as way above the threshold, therefore, we cann...
Philippe S.
The 2% and 50% Rules
It seems impossible to me to find deals that will follow the 2% or 50% rules in the Montreal region. Is it just me or the numbers should be different in our market ? What are the rules that work for you?
Jim Smith
Buying 5BR house-renting out rooms to 5 unrelated tenants
Thinking of buying a 5BR house in the city of Philadelphia and renting by room to 5 unrelated young professionalsThe house would be 3,000 Sq ft new construction and meet all forms of habitabilityNow here's my question...
Leon Lee
A question on cleaning beddings for Airbnb
Hi, STR investors
I have a question on cleaning bedding sets and would appreciate your inputs:
Currently, I have bedding sheets set like this: mattress protector, fitted bedding sheet, flat bedding sheet and a comf...
Sharyn Umaña-Angers
PRACTICING Deal Analysis
My husband and I are not quite ready to invest JUST YET as we still need a few more months to get our personal finances in order. BUT in the meantime, we are studying up and learning as much as possible about REI so ...
Yin Choi
is 4% hard/private money loan too good to be true?
I happen to come across a loan that charges 4% fix, is it too good to be true?
Also, one of the terms is: "Borrower are to provide processing fee of the loan amount upfront after pre-qualification prior to Approval...
Erik K.
Mobile home parks evading rent control, using vacancy decontrol
I know that many investors buy manufactured housing parks precisely to avoid the cost and burden of owning the home structures. Suppose, however, that a well-funded buyer has a different strategy: gradually acquire al...
Nicole McCullough
REO Properity with Non-Functioning Utilities
Hello,My offer for my first REO property was accepted but I'm running into issues with the utilities. Normally, utilities would be turned on in my name for the inspection but I don't see how it can be in this case. T...
Tyler Meade
No comps just as good as bad comps?
Came across a property in the mountain that is a potential deal but finding comps nearby is nearly impossible. Seeing that it practically sits alone and no sold comps within a 1-2 mile radius, a local agent said “no ...
Craig Kaspar
Using FHA to start BRRRR?
I was wondering if using an FHA loan to get started in the BRRRR method would be practical? An FHA loan requires 3.5% down and I would have to live in it for one year. If I were to add equity to the property by rehabb...