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    ANGEL INVESTORS

    We have been approached by Investors interested in providing funds to grow our company. We have completed most of the Business Plan, but are having difficulty with the Financial end, and showing how we propose to use the proceeds to not only build our business, but of course provide a good...
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    HAS ANYBODY TRIED RENT-TO-OWN PROGRAMS?

    I have listened to Bob Manget`s teleseminars and had a personal call with him last week. First off, I was told the Income for Life program was $99 if I signed up now and $34.95/month - not sure if we`re talking about the same program then. Anyway, in discussing RTO with him and looking at one...
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    Advice for Retirees

    I may be bias here, but I think the Rent-to-own strategy is one of the safer, easiest to manage real estate investment strategies out there. There is a clear exit strategy, you are secured by maintaining ownership of the property, you get a non-refundable down payment, monthly cash flow and...
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    DRAKE WELLINGTON OR GO BIG NETWORK

    QUOTE (chrisg @ Jun 1 2009, 04:29 PM) It is true that Drake Wellington is offering something similar to the Manulife One product but we take it one step further. What Drake offers is the European Lending Strategy... Throughout the world, Drake Wellington has found that European mortgages are...
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    Rent to owns - more information please

    Hi, This has started a great discussion with Kathy posting it here. This is an investment opportunity from EZ Properties Ltd. The tenant/buyer makes $55,000+/year - typically extra as he has a full time job and does contract work on the side, so his income has varied over 3 years, but is above...
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    DRAKE WELLINGTON OR GO BIG NETWORK

    Drake Wellington - seems to be similiar to using Manual Life One or based on same strategy - anyone use this or have experience with them? Would it even be useful when you own multiple properties? Has anyone else ever contacted or used the GoBig Network? They seem to have a large network...
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    HOME INSPECTORS - INTERIOR/OKANAGAN

    Hi Brent,I am in Kelowna and we have a local investors group. Our speaker last month was Barry Newton, a Registered Home Inspector with the Canadian Association of Home and Property Inspectors for 11 years, and became one of the first 100 Inspectors in Canada to be Nationally Certified by the...
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    Capital Cost Allowance

    I acquired 2 new rental properties in 2008. Do most people claim this CCA on most rentals? Doesn`t it affect how you report the capital gain when it`s sold?
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    Recommend Home Inspection Co. in Interior/Okanagan BC

    We`ve used Pillar to Post - very thorough inspection and report. Also, Barry Newton - BN Inspections does Kelowna/Vernon areas
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    rent to own scam?

    Hi Neil, I do lease options, also referred to as rent-to-own in B.C. This does not look unusual to me at all. When I am looking for particular properties for my clients, I will check the real estate ads on various sites and ask if they would consider doing a rent-to-own. The fact that he...
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    Advice on Leasing Condo with Option to Buy

    I think this is a great way to sell your condo! You set the price now that you will be happy with, or depending on the company, you may opt to do a market evaluation at the time of sale. The lease terms vary as well, from 1 year to 6 years so build in some inflation and the cost of carrying...
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    MONEY PARTNER REQUIRED FOR KELOWNA

    Subject: EZ PROPERTIES LTD. INVESTMENT OPPORTUNITY ________________________________________ Contact us for pictures and Cashflow Analysis MONEY PARTNER NEEDED! We have secured this 3 bedroom rancher with 2 bedroom walkout basement. Some renos required to suite. $30,000 INSTANT EQUITY...
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    Lease-to-own bad press

    Thankfully, REIN members can pride themselves on being honest, forthright and having the integrity to not be out scamming others. Good business people find winning solutions for all, and would not be relying on the ignorance or misfortunes of others to make a buck. I think those of us in the...
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    Rent to Own

    I am just wondering where you would find such statistics? We offer a LTO program - just started earlier this year - so have not got to the end point for our clients. I am truly hoping they are successful in purchasing the home and don`t walk away, and use a mortgage broker to do periodic...
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    INVESTING IN THE OKANAGAN

    Our apologies to all those checking out our post last week, only to see that there was no website to look at!! We changed servers and were expecting up to 2 days of down-time - they got back logged and it turned out to be a week!! Not good for business. But we`re back, and invite you to see...
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    NEED INVESTORS TO PURCHASE OKANAGAN PROPERTIES

    We have compiled a database of pre-qualified tenants who wish to use our EZ Purchase Program (aka lease-to-own) but are unable to qualify for their own mortgage yet. These will be short term - 6months to 3 years, when after having worked with our mortgage broker, they will be in a position to...
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    Lease to Own

    I`m not sure where you are from `r557, but we are in Kelowna, BC and assisting people with these opportunities. Our website is www.ezproperties.ca so you are welcome to browse and see how our company program is working. Hazel
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    Can I sell an accepted purchase of sale agreement to another investor?

    You can make your great deals profitable by using a Contract of Purchase and Sale Addendum, whereby you include an Assignment clause. "The buyer reserves the right to assign this contract in whole or in part to any third party without further notice to the Seller, said assignment not to relieve...
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    WANT TO INVEST IN VERNON, BC (Okanagan)?

    I`m off to some Open Houses and check on some Vernon listings today. A couple in particular - full duplexes for under $340,000; rents for $2200/month. With 20% down and a conventional mortgage of 6% this would cashflow immediately. I would be looking for the downpayment and mortgage...
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    CRITICAL FORMS

    I`ve been looking at the Critical Forms for a Lease Agreement I can use for BC. There`s a Lease Agreement (Basic) which is a Residential Lease (uses Province of Alberta in text), or there`s a Residential Tenancy Lease Agreement. I then went on this site: Hi Hazel, Can you provide a link to...
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