Hi, I've been following this wonderful forum for a while but it's my first time posting. Thanks for all of your great insights. I've been owning a condo in NJ for about 2 years (owner-occupied) and I'm thinking of sel...
Hey guys!Very excited to have purchased my first investment house!!The numbers made sense. It came with tenants that I met. They are currently living there until next Novemeber and hopefully longer.How does that work ...
A property with two mortgages is coming up for sheriff sale. The second mortgage, which is a construction loan (and twice the amount of the first) is foreclosing on the property. I was under the assumption that the fi...
I’m working on my first deal and considering the CapEx, Vacancy, and Repairs expenses in the BP calculators. If I have a large enough (approx 6 months of rental income) lump sum of money saved up and invested in safe ...
Curious to get other perspectives on this topic. I’ve been throwing around the idea of buying another primary residence (upgrading), but the current mortgage rate makes it a little tougher of a decision. Background:Yo...
Hi BP,
First I want to take a minute and thank you for what you guys are doing here. The site is amazing and it has opened a lot of doors for me already. I'm brand new to this and I will be attending my firs...
This past weekend my friend invited me as his guest to the Yancey Events, Real Estate Workshop. He paid a couple of thousand dollars to attend and a free guest was able to join so he was generous enough to call me...
So, I am trying to create a deal in my head to try to understand the numbers and what deals look like in real estate. These are just numbers made up for the sake of understanding and aiding my visual learning needs. J...
Hi Everyone,My question is, what is the best way to go about finding distressed multifamily deals? I am currently in contact with brokers and have also bought a list I am going to start mailing. Are there any creativ...
Hi everyone,
I’m a fairly new member to BP so I thought I should take advantage of the community and get some advice.
I currently have 5 doors in Cornwall, Ontario that I manage myself. I plan on moving to Toronto...