Recent content by amurthy

  1. amurthy

    Creating Exchange in Abundance Economic Goldmine locations

    Creating Exchange in Abundance Economic Goldmine locations
  2. amurthy

    Banks lobbying for the end of Seller Financing in the US? ... Are we next??

    @ Thomas Beyer, from what I've read on the Federal Reserve website here ... http://www.federalreserve.gov/newsevents/press/bcreg/20110419a.htm, I have reason to believe that that this move IS HAPPENING (or atleast under active consideration) south of the border ... Whether (when?) the same...
  3. amurthy

    Banks lobbying for the end of Seller Financing in the US? ... Are we next??

    This is an email I received, which I'm sharing; as a possible foretaste of things to come north of the border? >>> Let Federal Reserve Know that Proposed Seller Financing Rules Should not be Enacted! BY: Robert Diamond, Esq. and Edmond D. Diamond, MBA In an incredible show of effective...
  4. amurthy

    Mini Storage deal

    Hi Antay, I`d also be interested in knowing your thoughts on structuring this deal. Would you mind if I wrote to you in person? Thanks & regards, Anand Murthy
  5. amurthy

    The Property Manager (PM) and the Property Management Plan - Part 2

    Thanks, Adam - unfortunately I don`t have your email ID, so can you pl. send me an email to [email protected]. Regards, /am
  6. amurthy

    When Should I have Property manager?

    Hi Pradeep, You may find something about what the involvement of the PM may/ ought to (ideally) bring to the table. Some of it is idealistic, so temper it to your particular situation. Cheers, /am
  7. amurthy

    4-8 plex options

    Adam, You presume correctly Toronto it is. Thanks, folks.
  8. amurthy

    4-8 plex options

    QUOTE (jwilbrin @ Jul 17 2009, 09:42 AM) I highly recommend dealing with a few good COMMERCIAL realtors ... receive the training and experience required to properly evaluate multi family investment properties. Point well made. Any references to good COMMERCIAL realtors that you`ve had...
  9. amurthy

    The Property Manager (PM) and the Property Management Plan - Part 2

    Hi Adam, A subsequent post (Part 3, posted under this thread itself) outlined what I`d hope to obtain from partnering with a PM. I was looking for: - Feedback from Investors who have partnered with a PM who brings these attributes (or a subset) to the table, - Positive experiences that some...
  10. amurthy

    Cashflow is Possible!

    Multi-res w. 3 doors @ 133K/ door in Toronto. As things stand, the current rental income @ 1K (incl. util) is below market rates for units in the current state (market rate = 1.2K w. utilities) Therefore, at the time of purchase, the monthly return is 0.75% or lesser (w/o util) My research...
  11. amurthy

    The Property Manager (PM) and the Property Management Plan - Part 2

    Part 3 – Expectations of a Property Manager … my view (Please pardon the lack of formatting at times ... Thanks. Read on) Folks, Part 3 – Expectations of a Property Manager … my view I`d like to be able to count on the PM for the following ...and I`d like...
  12. amurthy

    The Property Manager (PM) and the Property Management Plan - Part 2

    Sorry about that - I wanted to re-write the document incl. the header, but there doesn`t seem to be a way of doing so other than to delete & repost Will be reposting shortly.
  13. amurthy

    Cashflow is Possible!

    Enlightening. Thank you for the discourse! A small case ... If you`d paid, say 400K to purchase a property that was bringing a rent of 3K per month; and (other things remaining constant) lets say that and by spending another 50K, you could get the rent to climb to 4.5K per month; would you...
  14. amurthy

    Any one knows an experienced property management contact in either Bellville OR Hamilton?

    Hi Folks, Any references for Property Managers for downtown Toronto? Thanks, /am
  15. amurthy

    Cashflow is Possible!

    QUOTE (invst4profit @ Jul 15 2009, 02:09 PM) Research, find a property where the rent is 1% or more of the purchase price Folks, In this context, does the `purchase price` contains all acquisition costs incl. fees for transfer, legal, financing etc. as well as any reno/ demo expenses required...