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Recent content by JordanRich

  1. J

    Just closed on a 36 unit building in Calgary

    Well done Brett! I am very interested if you are willing to share the numbers behind the deal.... How did you structure your LP/GP... What type of financing do you have? what was the purchased Cap rate etc...
  2. J

    Would like to have DCR ratios in REMA

    Would be beneficial if the DCR ratio was available, thanks.
  3. J

    If you won two million dollars how would you invest it in realestate?

    Hello there, Thought this might be a good exercise to see what people would do if they won a lottery for say $2,000,000. Objective is simple: 1. spend all your money on real estate. 2. create enough cash flow (if possible) to live on. 3. pick which city (in Canada) you would invest in and...
  4. J

    Lending money from one company to another

    Sure, husband and wife have a million dollars in company A which wife owns sitting there getting shabby interest. Husband opens company B and buys a property, decides not to get the mortgage for the bank but from wife in Co A. They decide that 8% is a good rate or 12% whatever and co A lends...
  5. J

    Lending money from one company to another

    Hi there, A person I know tells me that they lend themselves the money for their properties. each property is held in a numbered account and they lend themselves the money for the properties and charge interest to the lending company. Is this possible? with todays interest rates it would...
  6. J

    Property Manager for Toronto

    Hello there, looking for referrals for a property manager who has experience managing 20 plus units plus commercial in Toronto. Obviously looking for impeccable management. Thank you.
  7. J

    real estate graph

    Very cool, the last 15 years have been a pretty steep upward trend...hopefully the downward run won`t be that fast and long.
  8. J

    All We`ve Seen is the Tip of the Economic Iceberg

    QUOTE (thomasbeyer2000 @ Jan 7 2009, 04:51 PM) As long as we live in democracies, with elected officials that have to respond to "the people" stating "bail me out", "build me a new hospital", "provide me with cheap child care", "lift my RRSP savings, i.e. the stock market", "don`t let the car...
  9. J

    Rent to own the good and bad....

    I have been reading about the rent to own investing technique and i am looking for some more insight about it. It seems to be a no loose situation, you get great cash flow, post dated cheques, a pre-determined exit strategy, a saftey deposit and you own the property if anything goes wrong. Why...
  10. J

    House Prices Have Reached Their Peak?

    QUOTE (EdRenkema @ Jan 6 2009, 01:40 PM) The real clear understanding for me is not that prices will go up its the understanding of inflation. The buying power of the dollar is going down and leveraging into a RE asset with positive cashflow is locking in the asset at yesterday`s value and...
  11. J

    Wheres the Best Place to invest in Canada?

    Hello all, I currently live and invest in Ontario, I realize that there are top ten lists for ontario and the west but is there a top ten list for all of Canada? I am considering investing in Ontario but i am really pissed off about the rent control and it frustrates me that even in the top...
  12. J

    Mass Foreclosures in Canada`s Future

    QUOTE (Lucas @ Dec 12 2008, 12:34 PM) Another note on RE as a preferred investment vehicle: With RE the investor has the option to ADD value to their investment at any time (ie. distressed properties made nice, additional suites, modify the zoning, condominiumiztion etc.). This value-added...
  13. J

    Questions about software

    I have a couple of questions if anyone can help i would apprciate it 1. How can i print out the financial analysis page? 2. I have added pictures to the properties i analyze how can i view them? thanks.
  14. J

    Vacant property

    QUOTE (thomasbeyer2000 @ Nov 7 2008, 12:03 PM) usually you can buy it far cheaper .. and you can set rents to market immediately .. with or without upgrades ! Ask yourself though: why is it empty ? is it the town / city it is located in? is it the immediate neighborhood (drugs ?), is it the...
  15. J

    Vacant property

    I`m looking at a nice 4 plex, but the property is vacant right now any advice?
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