I realize using the BRRR strategy and pulling equity to reinvest is one of the best ways to scale, but I often read success stories that don’t add up to me. If you’re starting with very little money and it takes 6 mon...
I have a rental that is rented with signed lease for 1,300 a month the new tenant who just moved in last month, this month decides he only is going to pay $1200 because he says he didn't do an final walk thru prior to...
Hello BP,I'm still a newbie at all this so please feel free to recommend any reading material to get me started. Long-term I would like to own multiple rental properties so this would be the first step.My girlfriend a...
So maybe this comes off as a novice question but I'm wondering if certain types of investment properties did better during the last housing crash than others.Let's say that another great recession happens, how would y...
Earnings too high to claim passive losses?
so what happens if you have lots of passive losses on real estate - but your active income is over 150k? is there a way to still claim those loses if you are a full time emp...
Have been offered an off market deal through a private money lender. The lender has offered us a property that another rehabber has defaulted on. The owner of the property is in jail and the lender plans on assigning ...
I'm a new member and would love some feedback on our recent purchase and analysis.We bought a residential property in an upscale neighborhood. It was built in 1999 and has 3,824 square feet. They added an in-ground ...
I needed a cash infusion into my REI business so I began looking for a Fix-n-Flip opportunity. I found a wonderful 4/2 foreclosure with a private pool in Orlando that needed quite a bit of TLC. When I first walked in...
HI all,
when I'm renting out Apartments I often bump into people that say they have an eviction history but it's from a long time ago for example 7 to 10 years ago and they claim that it was when they were young and ...
Hi BP rock stars,
I am aware that in Halifax NS, the tenant is not required to provide SIN. Under this condition, how do you usually conduct background and credit check if the applicant is not willing to disclose thi...