I was reading up on Section 8's in the U.S and subsidy housing in Canada and was wondering if there were any organizations like these that provide senior citizen tenants? From what I can tell, these programs provide ...
Hi. I’m new to BP. I would like to buy my first investment home. I have built enough equity in my primary home. I have cash too. What would you advise to do to pull some equity to pay for down payment and invest cash ...
Hello BP community - we are new landlords and we are having some issues with our side-by-side duplex. We have installed a mini split in their unit which is located upstairs. The downstairs receives some heat/AC from t...
What are ways you have seen landlords calculate rent raises?
I plan to raise rent by 2% yearly, and round to the nearest $25. After that, I will re-evaluate every 5 years based on local rent. I've asked for others op...
A few years ago I converted a few 401K's into one self-directed/checkbook IRA. I setup an LLC that facilitates the financial transactions on behalf of the IRA.I recently purchased a vacation rental via the LLC, from ...
Hello;
I received come advice from an accountant saying for each real estate investment I do , form a new LLC for each. toughts? :pup:
Just starting out, and with little to no money in my pockets, I'm looking to close on my first Buy & Hold property.
I chose something that needed zero repair, needs very little updates, and is something that I ca...
I've had a couple of inquiries about Section 8 on recent rentals I've had available. Have never had a section 8 tenant, but have stated that I will accept if income criteria (3x rent) and other criteria (rental histo...
Hello Everyone,I have a quick question. Does it makes sense to buy a multi family home for 180K that will cash flow $1100 a month after the mortgage, taxes and insurance is paid? It's a two unit property and each unit...
We own a SFH long-term rental. We self-manage. We have good tenants in there entering year 2 of a 2 year lease. One of the tenants hung a picture on a wall, puncturing a water pipe. There was a leak and about $10k in ...