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Recent content by koffeedan

  1. koffeedan

    Realtor in Edmonton

    Hi everybody, I'm a REIN member in Toronto and am looking for a realtor referral in Edmonton. I am also a realtor and an RCMP officer. One of the constable on my team wants to sell her condo in Edmonton and I would like to refer her to someone trustworthy as she will be doing this transaction...
  2. koffeedan

    furnished rentals close to hospital

    Just finished renovating a suite close to a hospital north of Toronto and was tinkering with the idea of renting it furnished ( short term leases) to visiting doctors and residency students as this is has only recently become a teaching hospital. ( also has been identified to be annexed to...
  3. koffeedan

    prevailing cap rates

    QUOTE (housingrental @ Jul 3 2009, 12:51 PM) Most (non student) purpose built or newer 3 and 4 plex's in both KW and Barrie are pricey and sell at true cap rates of less than 6% You can find converted houses to plex's in both markets for better but often with deferred maintenance, items at end...
  4. koffeedan

    prevailing cap rates

    1.Where would I find the prevailing cap rates for different areas. 2.Does somebody know the cap rates for 3/4-plexes in Barrie and Kitchener Waterloo. and lastly, what would be the minimum cashflow per door would you expect to make, if financing at 100% (90% +cmhc premiums + simple interest...
  5. koffeedan

    REALTOR, INVESTOR AND REIN MEMBER

    Well I would definitely like to further that conversation, as I am getting ready to start, and I want to get a good footing for that famous ladder. David101, build it and they will come. Dan
  6. koffeedan

    REALTOR, INVESTOR AND REIN MEMBER

    One question I would like to analyze is how to structure for down payments. For example, if a person has a set amount to invest, is it better to put 20% down on fewer properties, so they cashflow better, or go with CMHC 5 or 10% down, buy more properties, and have them break even on cashflow...
  7. koffeedan

    Student housing in Barrie (Georgian College)

    QUOTE (housingrental @ May 5 2009, 01:51 PM) ebolaman`s post should be viewed with little value. Student housing has high occupancy and collection if managed well and a good product. There`s almost never any major damage from tenants, and certainly less than residential renters over time. Minor...
  8. koffeedan

    REALTOR, INVESTOR AND REIN MEMBER

    David, I would be interested in that. Dan
  9. koffeedan

    Student housing in Barrie (Georgian College)

    Hi folks,Newly minted, just last month, my wife and I are looking in Barrie, ONT, and are particularly interested in student housing, near Georgian College. Anybody on the forum has any experience in this area and any pointers to share? I would greatly appreciate it. I`ve been researching the...
  10. koffeedan

    Joined REIN at the Toronto ACRE Event!

    Ceasar,Just like you, I am newly minted, as of Friday night. I was really impressed by Don and his team, and the whole crowd. We are really happy to have found a working system, based on logic and numbers, and not hope and prayers. Enough to satisfy my accountant wife, who is fully on board...
  11. koffeedan

    Achieved 5 year plan in 18 months

    Hi Gregg, You wouldn`t be the Gregg featured in Canadian Real Estate in April 2009 would ya?. I`m from Sudbury, Chelmsford actually, now living in Newmarket. My wife and I will be attending the ACRES in April 2009 in Toronto. I am seriously thinking of Sudbury as my starting point for...
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