Not that i'd want my tenants to have 24 hour access to me by knowing I live in the building, but financially it might make sense to live in the building that you are trying to either rehab or improve on vacancies u...
Hello everyone! Looking for investors in the Montreal area or the province of Quebec. I just graduated from McGill but obviously want to take a different path. I am currently taking classes to obtain my mortgage broke...
Hi All, I am constantly seeing discussion that either support or reject the idea that we are in an actually bubble and whether it will burst soon, has already burst, or wont burst at all. Rather than argue about if t...
I'm about to finish up with my first flip. I have it in a LLC, after I finish and sell it my accountant suggests I should open either another LLC or land trust to pay myself from. What do you guys do and what are your...
Over the last few months I’ve been managing around 5 properties myself and its becoming overwhelming. I still work a full time job and its taking a lot away from my other projects. I would like to continue to add prop...
Hi BP community,
As I am planning to buy my first property, I am wondering if I should set up an LLC?
Note: I plan to live in my first property, but will expand thereafter.
Purchased a 2BR, 1 bath house in a blue collar neighborhood. Other similar houses in range of 70-90,000. House is just under 1000sqft. The seller had planned to flip it. He had gutted it to the studs, re-roof...
This week it was announced that my job site will be permanently closing its doors within the next couple years. My goal has been to go full time into real estate and I have been working as much OT as possible to build...
I have a tenant who is over due on her rent and need a little advice. A little backstory on this: She is in a 2 year lease that expires 7/1/15. She has been consistently late but generally paid monthly 15 days late up...
Hello,I have recently started real estate investing with money saved up that I wanted to put to work. I currently have notes as follows:- Promissory Note: $25k invested, with interest payable on the unpaid principal a...