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My wife and I are just starting out in our education in real estate investing, and are trying to understand and ultimately decide whether we should be Traditional or Creative investors. Can anyone offer the pros and c...
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I am 19 and live in Alberta Canada, as my first real estate investment I am going to do a duplex for around $500k with 5% down Owner Occupied loan (Essentially I'm mixing house hacking with BRRRR). I then will do abou...
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I have a handful of rooming houses with a very interesting clientele. Now that it is getting colder, tenants have started using the stove top and ovens to heat the house.
I've had more than one $400+ bill (with only...
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I’m seeking advice on what to do about a mistake that my contractor made on a remodel that I’m managing from afar.
I explained that I wanted subway tile backsplash in the kitchen. The contractor sends me pictures of...
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There's another thread going on about LLC vs. higher liability insurance.
I'm just wondering if any of you have ever been sued by your tenants? If so, what happened?
Some people are setting up an LLC on each house. ...
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Hello BP, I am looking for some insight here. I have a small multi unit that I will be closing on in about two weeks. In one of the units I a plan on renting to tenants, there happens to be a forced-air furnace that i...
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Hi all, I started to analyze my local area here in the Czech Republic (Europe) and found out following information:1) My city has around 65,000 inhabitants2) Searching websites I found that there are cca 60 flats sel...
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I posted this in the "off topic" section and got no replies:This is a situation that is not typically seen on BP. I am a partner in a small business. We have three locations currently and we rent all three spaces. W...
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Hey guys, I have a upper/lower Duplex that only has 1 furnace. It's setup right now so the tenants each have their own Gas bill in their name, but one of the tenant's bills is considerably higher than the others. The ...
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Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...