QUOTE (ronda @ Feb 4 2008, 05:05 PM) Has anyone out there enrolled in the Richdad Coaching program? I am in the middle of it right now but I am having second thoughts about it. Has anyone done the program, and what did you think of it? Hey, Ronda. I have not enrolled in the coaching program...

QUOTE (epmrentals @ Aug 14 2009, 10:51 PM) My husband and I just purchased our first duplex. Cash flow is over $600/monthly. We financed the down payment with an LOC so we are very leveraged, don`t have much there for repairs/vacancy savings. I`m wondering what to do with the cash flow? We have...

QUOTE (nepoez @ Aug 12 2009, 06:50 PM) I got an email from `Don R. Campbell and the REIN Team` to go see an American flipper present his house flipping secrets. I came across this Ron Legrand a few years ago and it looks like a get rich quick thing. I almost bought his CDs for $2000, but the...

First of all that`s AWESOME that you own almost a whole STREET! Well done! I like #`d streets because they are easy to find. I hate to rain on your parade because I am so proud of you. But if the houses are hard to find, then it will be hard for the tenants to find them, and that might impact...

I like the looks of this property. Mainly for the proximity to University. Remember to make sure that the students rent it all year and sublease in the summer to avoid headache for you. That`s what I did when I was in University. Your maintenance might be higher if it is quite an old...

It is easier to get financing on stuff that is already built. There is lots on the market that is already built and FOR SALE. Lots of older affordable stuff, lots of newer stuff. Tons- actually. Maybe look for something that is NEW and rented and built if you are keen on new. You might have...

OMG! This is hysterical! Was there really another REIN member who declined these people? Oh I am so glad you didn`t rent to them. Good work. There is nothing wrong with having a big heart. It`s not personal, it`s just business. That is toooo funny! I really hope you attract some...

HI, There. I recommend that you make the agreement CRYSTAL clear. The seller will be emotionally attached to the house. A clear agreement in place to make sure the tenant/former owner/ person who will be (maybe) critical of anyone who moves in will decrease the likelihood of conflict. We...

I have an investor who is also invested with Walton. He seems pleased and confident with his investment and with that company. FYI. Take care and all the best.

HI there. I think about rates often. Most of my stuff is at prime or just about in LOC or variable mortgages. I am going to keep waiting because it makes sense for me at this time. But if you can still make it cash flow and lock in and sleep a little better at night- then maybe there is your...

As long as it will cash flow. I think it looks pretty good. Based on what I know, you should be able to make this thing cash flow. Remember the tenants might not get along sometimes. Maybe try to get a family in there (an uncle in the basement). Sharing utilities can be challenging too. So...

Hi there. Julie Hoffman here. I prefer owning the property. It is more of a hassle. But the rewards are far greater. Investing with a real estate company would be more risky in my opinion because what happens if the companyis run poorly? I like to be in control of the investment. yes, it...

QUOTE (margaretcowan @ May 24 2009, 02:47 PM) Someone, who doesn`t benefit from what type of investments I make, suggested I buy shares of high quality real estate companies instead of the actual real estate. I said I`d made far more money in real estate investing than I ever had in stocks and...

Hey Matt. Julie Hoffman here. If the person assuming the mortgage will qualify and take over your personal guarantee, there is less risk. We assumed a mortgage a couple of years ago and it was a CMHC mortgage. The seller was nervous and the bank was uneasy as well. So we qualified and...