Interesting discussion.
There are horror stories in any line of work and with any strategy of investing. There will always be individuals with less than honorable intentions. Charlatans may be contained with legislation but never eliminated. If there is a will there is always a way...... that...
Thank you all for your input.
I have stacked my portfolio with a buy... rent..... hold.....never sell mentality.
RTO would involve actually selling an asset....hmmmm, I`m not sure I`m cut out for that!
However, RTO theoretically seems compelling.
No sense spending hours learning about RTO...
QUOTE (ramonac @ Sep 20 2010, 01:32 PM) Hi,
I`m new to REIN and very excited to learn from all of you. I`m trying to decide where my money is best spent: my basement (to create a rental unit) or a different investment property (that I have yet to find). I would appreciate any input.
Here are...
Hello All.
I have read Mark Loeffler`s Rent to Own book. As much as I like purchasing more and more properties, the RTO concept seems compelling.
I have some questions/concerns:
1. If property values remain flat or decline are we not setting the tenant buyer (TB) up for failure? ( I love...
Hello All: I am interested in what REIN members feel are reasonable property management fees for condo townhouses in the area.
These are student rentals.
Do yo pay a monthly fee plus lease signing fee (this is pricey as there is an annual turnover with students) or are you paying as a...
I would greatly appreciate any referrals to investment property insurance companies or brokers in Ontario.I am having difficulty finding an insurer for rental properties.
Thanks..
I have many condo town home units which are rented to both families and students. My insurance broker advised me the student rentals must have "commercial" insurance and the family units must be insured as "personal/residential" policies. So if the property is rented to a family and then...
Hi Gord: What area of Hamilton do you invest in? I am interested in purchasing investment properties in Hamilton but do not know the local rental scene. Do you rent to any students around McMaster and do you recommend this area? I note that the homes are all older there and make me, as a novice...