I have been managing a 4500 sq ft (3 unit commercial) building for a few months for my aging mother. I will be inheriting a great property but currently she’s almost 30-40% under ASF per ur, plus not its in an LLC bu...
I currently live in an apartment with a roommate, who I've been having noise issues with. I am concerned that when I buy a house and house hack, this will be even worse because I will have not 1 but 2 tenants/roommate...
I own 3 buildings each under their own LLC. I did this to limit the loss should any lawsuit arise.
I also manage these buildings myself, and now I am reading that if there is an issue, the tenant could sue th...
Hi Folks,
Came across a deal in a boom town and wanted to see if it was actually a deal. Keep in mind this is in British Columbia (BC) Canada so some things differ but any advice is still welcomed. The aim is...
Hello!
As a result of a previous post where I asked about a HELOC against a rental property (thanks again!), I am now in the market to acquire my next investment property. We've been looking for about a week now and...
Hi Folks,
I'm looking at a higher-end loft-style condo in a historic/artsy neighbourhood. Two obvious options are to do a str mainly through Airbnb and my own connections or rent it as a longer-term executive rental...
Hello, I received a lead from an investor friend for a condo. Here is the situation: the original owner did a lease option to a college student with a 30 year mortgage. Original owner owns the condo free and clear. Th...
Hello AllI'm very new to BP but have been reviewing a lot of the posts that have come through to better acquaint myself with the site and its benefits. I'm very impressed with this sort of comradery and desire to help...
Quick background: We purchased our first home in 10/2010 as a newly married couple with a FHA loan and as little down as possible. We paid $93,000 and financed $91,764 for the home. The home is a 4/2 with two kitche...
Hi everyone, Newbie to STR here. So I narrowed down my market already and am starting to go to open houses. When you go to open houses, how do you decide if it's the right house for STR (after the numbers make sense)?...