Preeti Madan
Investment with 150k CAD in Toronto MSA Area
i recently got Permanent residency in Canada and my household income is 166k CAD (mine 85k CAD and spouse 81k CAD per annul). Currently i am staying in basement rental(1700 CAD) with my husband. CIBC bank pre-approved...
Chris Drury
Help moving purchase to LLC via land trust,ect.
My business partner and I have purchased an investment home that recently went to closing. We did not title it in the name of our LLC due to complications with financing, so it's titled in my name with converntion...
Ryan Linskey
Property Management 1099 Fees
Hi BiggerPockets,I currently own 3 rental properties and I noticed my property manager billed me $50 per property for “1099 preparation”. Is this normal or should I push back on this? This will be my 2nd year with the...
Natalie Hahn
1031 exchange - do you need an attorney?
Do people usually hire an attorney to help with a 1031 exchange or is working with a QI enough? What are your guys' experiences in this?
Charlotte Dunford
Septic and drain field life cycle
If a park has 9 active tanks, how may drain fields does it have? The drain fields are 20 years old.. does that mean they will all give out soon? If that were to happen, how much money would it cost to fix all of them?...
Paul Sandhu
STR tenants have a 1 year wedding anniversary?
Got a group of guys and their wives renting 8 houses from me. They've been here 2 months sandblasting and painting petrochemical storage tanks. Tomorrow is the 1 year wedding anniversary for a couple staying one of ...
Sean Seger
Wholeselling
Can some one please tell me how you come up with your repair cost when looking at a property to wholesale my mentor told me to bring in a contractor for every deal but it seems like everyone else says that unnecessary...
Jacob Beard
Is there no positive feed back for Vacation Rental?
I have combed through a lot of articles concerning vacation rentals and the majority feedback I see Is it isn't profitable, PM eats up most of your income, Your lucky to break even. If I understand correctly it seems...
Pete S.
“Industry standards” in the note industry & JV partnerships
Hello all BP members, I was looking to get some opinions/ ideas on what a few industry standards are in the note space. I am currently looking at working with a particular company in the NPL 2nd space. They offer a me...
Matt Brooks
Triplex Unit- To buy or not to buy?
Hello BiggerPockets! I am new to rental property and/or multi family property and would appreciate anyone's advice on the below opportunity I am looking at purchasing:I am looking at a 7 year old triplex unit in TX. T...