We need to move my mother out of her rental because the place is falling apart (really bad landlord). She's been there for over a decade and she pays so little rent that it's hard to find a place that we wont have to ...
Recently bought a rental that I am living in and will start to renting it out early next year. I’ve done my calculations and have seen that I will be breaking even with this investment day one. On a rental that’s not ...
Hello Coleagues, I have a questiona bout the home owner finanting. A bit of background. I am a young working professional. Spending approximately 45% of my income and saying the rest for real estate investments. Becau...
Here's my situation. I'm seeking a mortgage on a duplex. I'm self employed. I have a seasonal lawn care business. My plan is to actually get a job in the restaurant business (for the winter and temper hours during the...
Hi Everyone,NYS tenant and landlord law have recently changed. Wondering what landlords outside of New York City are doing to account for the changes. They seem drastic and tenant biased but I’m remaining optimistic a...
First time poster here.
Being from Canada, and with properties out here in Vancouver, it just doesn’t make sense for me to be investing here and South of the border just seems to better deals, cash flow, and growth.
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HiI live in California. I took out a HELOC on my primary residence and used the funds as a deposit on another property which then became my primary residence. The previous primary residence was converted into a renta...
Hey all, first let me tell you a bit about my self. I have never owned real estate but I did grow up in a multifamily property which allowed my mom to provide for me and my siblings. I would like to venture into the...
My wife is a new realtor and we are trying to figure out how she should set up her business and start paying for expenses. Should she become incorporated? If so, an S-corp or LLC etc.? Should she use a debit card or o...
About a month ago I posted in the "Starting Out" forum about mortgage limits and got contradictory responses:
http://www.biggerpockets.com/forums/12/topics/105907-real-estate-limits
I've done some searc...