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Hey Everyone, I'm seeking out advice from experienced investors on what my next move should be given my current situation. I Live in Canada so advice with that in mind would be greatly appreciated.I currently own a 2 ...
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I saw a post a few months back about someone who told the tenants that the first $100 or anything under $100 in repairs were on them? This seemed like a genius idea and a way to keep from getting called out to a prope...
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Hi team BP!I'm writing seeking advice on structuring lease renewals.Though my current lease says asks for 60 days renewal/non renewal notice, I've found tenants seldom reach out. Therefore 75 days before a lease expi...
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Hello! I am getting a HELOC in place worth around 90k. For now, this is my best resource to invest in a rental properties. That being said, I am having trouble analyzing the numbers and best refinancing strategies whe...
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I’m looking to purchase a 3-unit building in Chicago. It needs a total gut rehab, which is fine. My concern is the floor. The 1st and 2nd floor have pretty bad sloping floors. The 3rd floor does as well but not as bad...
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Hello! I have a 78 year old tenant that I inherited when I bought the 2 family building she lives in. She has lived in the apartment for 25 years, and is paying hundreds less in rent than what I should be getting for ...
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Hi All,Tax question coming up!I recently purchased a property with a friend, all the costs were split 50/50 (Purchase, Rehab, closing and etc) However, the property was purchased under my name only. Considering the p...
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Hello, my name is Lou Leone and I live and work in Manhattan - NYC. I have been reading many of the posts over the last several weeks (some very impressive people on the site!) and am finally getting around to this i...
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Hi everyone,
Thank you for making this site so damn good!
My wife and I look to invest in the King, Kitsap, and Pierce counties. She is the interior designer and I am the numbers/operations guy who inte...
I have to be as green as any newbie for working RE part time for a long time and never coming here! I believe this is going to be a great place to learn a lot. Going to get back on later - going to scout hose...