I live in a little (40K pop) city in southern Ontario, Canada that has a ton of brownfield in the middle of the city with a massive old train station (we're a train city with contamination problems). I've had a vision...
I am constantly warned about tax penalties due to selling a house you flip. I created an LLC that I'm going to use to invest in and flip houses. I was under the impression that only the money taken out as a draw would...
Hi, I began my house purchasing process with SEFCU, a local bank in Albany, NY. I was going through the SONYMA program, and my LO was supposedly experienced and versed in the program. This is a program that is low dow...
I've been reading about the 50% rule (a quick way to estimate expenses being 50% of gross rental income) and have tried to apply it to properties for sale and it always comes out consistently too high. The numbers I'...
Hey All,I'm new to Bigger Pockets and this is my first question. How do I get my tenants to pay on time in one shot. Now before you go off and say the obvious, let me give you a background. I have 156 multi-family apa...
I realize there are lots of variables at play, but what are some ballpark CoC returns one could expect with this strategy? I've heard mentions of 25% CoC returns but have not seen it in the handful of analysis that I'...
Good evening BiggerPockets!Underwriting multifamily acquisitions and developments can be oft seen as tedious, lackluster tasks. Due to this, syndicators and fund managers alike have elected to outsource this work. In ...
If I am my own real estate agent buying an investment property for myself, do I get the % commission which would typically go to the buyer's agent?
Pretty simple question. I tried to Google it but couldn't find anyt...
I just came back from the R2R event hosted by Brad Sumrok - The event was great and I got to meet tons of successful people who are doing syndications. My question is should you invest in a passive deal first or jump ...
I've learned so much lurking over the years and I'm very grateful for all the wisdom here. I couldn't find the answer to my specific question in the forums.My husband and I have just 3 small rental properties (duplex,...