I have a 12 unit building that I'm in talks with seller on. He's offered it to me on a lease-option agreement, with a "purchase price" of $1.2M, "down payment" of $200k and 5% interest only payments on the $1M debt. A...
Should I incorporate before buying first property?
Hey guys, I've been reading a lot of the bigger pockets books and others on real estate investing, they talk a lot about FHA loans etc. I don't believe we have anything like this in Canada, just lower DP for first tim...
As a new investor, I am interested in which products are leading the market in:1. Rental Advertising.2. Tenant Screening. 3. Rent payment software/portals.4. Real estate-specific property management tools.I am closing...
Should I have a separate checking or savings account per rental house. I currently have 3 rentals (just closed on the 3rd one a month ago), and the rent money currently all go into 1 checking account. I have Bank of A...
I recently came across some information on conservatorship in regards to neglected and dilapidated properties. I was wondering if there was a strategy or way to work with the city to take over high tax liable properti...
Hey guys! Newbie to sheriff's sales. I have some questions.Do any liens/mortgages remain on the houses through a sheriff's sale? We love this one house on the list to be auctioned, but it has a $200,000 mortgage on i...
1031 funds are not allowed to invest directly with a syndication as a LP. I've heard that one can use a Delaware Statutory Trust (DST) or Tenant In Common (TIC) to partner with a syndication. Anyone have experience w...
We have 25 properties and about 50 listings. Does anyone have a recommended property management software (PMS) that works well with property management companies like ours that is working towards 100-200 properties?
Is there someone that could give me some advice about using and old retirement account as start-up capital?