Elena Pech
How to work with foreclosure auctions?
Hello, I found several homes on foreclosure auctions, and for most of them the sale was cancelled a day or few days before the auction. Two properties are still listed, but I found them on Zillow with Pending status. ...
Kenneth Wiley
NEED HELP WITH CALCULATE OF POTENTIAL RESALE VALUE OF AMMENDITIES
I HAVE YET TO MEET A RENOVATOR WHO KNOWS WHAT HOME FEATURES ADD some form of resale value to the subject property before we can get to the ARV we first need to know the resale value of each amenity of the house based ...
Mijin Kim
wholesaling a house with an open permit? - Rockland County, NY
Hi all,
Has anyone dealt with a wholesaling opportunity that involves an open permit? Is it something that's worth bothering with, meaning, would cash-buyers/investors consider buying a house with open permits?
I h...
Account Closed
Commercial Real Estate Underwriter
Hi all,I've been interested in real estate since first lurking these forums in high school. I had countless hours of real estate coursework in college and five internships in brokerage, capital markets, and private eq...
Derrick Wortman
Using HELOC to buy a house then convert to mortgage?
Hey Everyone! I'm fairly new to investing, this will be my second investment property but first time using a HELOC. I have a $117k mortgage left of a house that appraised for $150k. The bank my mortgage is through gen...
David Henderson
Tenant Damage to Stove
Looking for a little help on this one. Can I charge my tenant for a new stove due to damages and grease build up? They lived in the rental for 3 years and the stove was near perfect when they moved in. Also, can I sti...
Sara Bradford
Should I put money in to property?
Hi BP!I own three SFH’s in Toronto (Scarborough area, accessible by transit). They are in rough shape and require major gut Renovations to be rentable/sellablefor top dollar. We inherited the properties through a bus...
Mike Cols
First investment property 3 unit
Have been lurking on the boards, videos, and podcasts for a while have ran the numbers posted below. Looking at a couple different properties but this one in my opinion has the most potential. First floor unit has alr...
Eric Piccione
P&I for each unit on a duplex?
This may be me overcomplicating it, but I recently ran into a 5 plex that apparently rents at 1085 per unit. With P&I at 871, does this mean using the 50% rule, i'm cashflowing $1841.5/M (5425/2)-871=1841.5 This d...
Irfan Rashid
GO Train Station Bowmanville Ontario
Hello, Quick question here, I'm looking in an area named Bowmanville, Ontario. There is a GO Train station being built here , estimated completion date by 2024. This will allow transit to downtown Toronto. Have been a...