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 ...
This is my Multifamily investing business plan, based on the Outline given by the wonderful Ryan Moeller. I would love feedback from all of you awesome BPrs, Good, Bad, and Ugly. I am jumping into this new industry...
BPers,Looking at a 44 unit park with about 40 park owned homes and 4 empty lots. Currently has 10 tenants that the owner keeps to cover the expenses. He owns it outright and removed all but those 10 tenants when he ...
Hey guys, I'm 25 years old and starting with $50k from a very successful flip. This was also my very first flip, so I'm still inexperienced. I'm willing and able to keep flipping but I'm more interested in more passi...
Hey BP,I've been looking for small multifamily deals in my area but prices are way too high compared to the rent potential of the area. So, I've decided to look at doing a single family BRRRR instead.Question:With th...
I am currently selling a rental property(just signed the offer) that I have had for about 6 years and just realized that the capital gains will probably be pretty steep so I may want to do a 1031 exchange. I originall...
I've been looking around the BP forum and youtube but other than tips I'm unsure if I understand the whole seller financing structure.From my understanding once you get the seller it's mainly creating terms of the sel...
Hello all!I need some guidance to figure out my next best steps to enter the real estate space. Me and my wife looking for our first (or couple) investment properties (rather then traditional buying one home). We are ...
Hi Everyone!My name is JerriLynn and I am looking to get involved with REI. Question is with SO many strategies out there, how do you determine which is right for you without having to experience the failures or succe...
Hi all, I'm looking at a deal that's grossing $56,400 a year, with about 39% in expenses(factoring in new taxes). My NOI will be about $34,500/year. This building is in a more rural area, 30 minutes from larger cities...