Looking for Canadian rental property mortgage advice. How long do Canadian investors set their mortgages? In the US it’s most beneficial to choose a 30 year fixed. Here in Canada you can have a 30yr mortgage, but you ...
Hello Fellow BP Members!With interest rates hitting historically low levels, I am trying to refinance 2 of my properties. I have 3 homes on Airbnb and need to use that income to offset the mortgages, for my debt to in...
What are the requirements to raise rent on a month to month lease? Is it just 30 days notice or is there something more? Does it matter how much the increase is compared to the total rent? How does one take in to acco...
Hi all!
Background:
I currently am a junior in college who is taking an internship opportunity this upcoming spring with an accounting firm in Dallas. I am currently living in a house in my college town my parents o...
Hi,
I am looking into starting an LLC and buy a property with my sister-in-law. We are looking to sell one of my current investment properties and use that plus some of her capital to buy a house, furnish it, and l...
Hi BP. Just became PRO.. woo..I am viewing a property tomorrow that the seller is offering seller financing. I was thinking, If I go through with this deal, It will be my first investment property as well as first tim...
Hello BP Community,I did a data analysis on this property as for potential rental property. But I'm a newbie and I don't know if my calculation correct and reasonable, so I'm asking for your expertise here if you can ...
I recently made an all cash offer (with the help of HML) no contingencies except Short Sale Contingency, and Well and Septic contingency for a house that was listed at $129,000. My offer was $90,000. I got a counter o...
I'm mostly writing this post to vent to people who will likely understand my frustration. I'd also like to get advice or perspective from those who have strategies to swing the odds in their favor, when negotiating a...
Hello BP!I purchased a 3 unit multifamily property in august of this year, it was occupied by 2 tenants and I moved into the 3rd unit, when signing new leases for the existing tenants one of them gave me notice to ter...