Johnny Horner
How many owner carry contracts can a person have?
I recently talked with a person that has a number of SFR and they would like to sale them on owner carry contracts but was informed they can only have 5 contracts of this kind. Unfortunately they have five owner cont...
Daniel Massicotte
Do I Really Need to Declare $80,000+ this Year?
I have a scenario that is playing out. I want to get some outside perspective from other investors, lenders, etc.... ideally from people with experience in Canada, but of course, not mandatory. Here is my Situation:In...
Zachary Rosa
Need advice on a deal
Looking for input on this deal I have under contract. Here are the facts.Home price :736,000Rate:5.75Cost for rate:14,000Down payment :25%prop manager:25%Property is in NH the property is 10 beds with an indoor pool a...
Ryan Cleary
Previous owner was taking money under the table with section 8
I purchased a duplex. The seller provided a phony lease for $1,071.I come to find out that the tenant was section 8, the real lease that section 8 has is for $867.We have now found out that the seller had a promissor...
Tejas Shah
HELOC on Rental properties - Myth or reality !!
Hello all - I am sure i am not the first one to think about this, but is getting HELOC on rental properties not a thing anymore !!I have about 7 units (mix of commerical and residential) with good cash flow on all of ...
William Gunther
Need strategy advice
I purchased a home in the Midwest (purchase price $45,000) with an ARV of $150-160k) repair cost will be around $42-46k. My initial strategy was brrrr but I have a 12 year fixed rate on purchase at 4% I owe around $32...
Vincent Chen
Big Apartment Complex Math
Right now I am in my study and research phase of Real estate investing.Really like the apartment complex property as the final goal,right now,I am thinking big for really large apartment complex (say,100+ units),it se...
Kyle Meyers
Move In Specials
Does anyone do move in specials for their rental units? I have been considering doing something like $100 off the first month's rent or maybe a lower rent for the first 3 months of a 12 month lease. Have you had succe...
Natalie Olivo
Seller Offering new tenants before closing
My partners and I are currently looking at our first deal in the hudson valley area. The place is a two family home (3 bed room, 2 bath) currently generating $1000 per door with existing tenants. The problem is that t...
Josh Goldstein
Looking at an 8-plex and have an issue
I am looking at an 8-plex that could be a pretty great deal, but... It is filled with elder people on social security. I don't feel right buying it and booting any of them out and since they are on social security t...