Recent content by Saurabh9204

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    Seeking advice on foreign real estate rentals

    Great advice Tomas . Thanks as always for your expert & honest comments. Sent from my iPhone using myREINspace
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    Looking for VTB or RTO?

    How will VTB work ? Sent from my iPhone using myREINspace
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    Pre approval lock-in prior to changes

    Yes, if you get a pre approval done before end of this year it will be valid for next 12 months. The new mortgage rules starting Jan 1, 2018 won't effect it. Sent from my iPhone using myREINspace
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    More info on the ACRE System

    Beautifully said Thomas .Thanks
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    I want to Personally Welcome All Our New Members

    Yes , if my maths is correct should get around $200 per month in cash flow.
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    Selling property at a loss

    You can go back 3 preceding years from the year of your sale. On the other side you can carry forward the loss indefinitely to be offset any capital gains in the future.
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    I want to Personally Welcome All Our New Members

    1600 sq feet for $367000. 3bedroom, 2.5 bathroom with unfinished basement. Brand new built by builder Homes by Avi. Garage space for 2 is there but builder won't built it. Rent -$1400 upstairs + basement $800 = $2200 per month
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    I want to Personally Welcome All Our New Members

    Hi Tomas. For sure I am not looking to invest in Golden, BC. I am targeting Calgary and Edmonton. Just booked my 1st house (half duplex) in NE Calgary. Betting on the airport expansion in Calgary. Your thoughts would be appreciated . Thanks
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    I want to Personally Welcome All Our New Members

    Thanks Tina for your support over the phone as well. You guys are Great.
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    I want to Personally Welcome All Our New Members

    Thanks Thomas for your prompt reply. I appreciate your help.
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    I want to Personally Welcome All Our New Members

    Thanks Dominique. Though we have joined we need your or REIN members guidance as to how we can utilize or reap the benefits of our membership. I am kinda lost as of now - joined July 17,2016. Thanks, Saurabh Golden, BC