Welcome!

By registering with us, you'll be able to discuss, share and private message with other members of our community.

SignUp Now!

Search results

  1. SVS

    Where do you deposit your coin-operated laundry coins?

    If using them in smaller building like duplex and triplexes, would it be cost effective to install the machine for loading these cards? I have never looked into it. Or is there a way to load these cards without installing a specific machine for it
  2. SVS

    Where do you deposit your coin-operated laundry coins?

    Beer store... Just kidding, I just sit down watch/listen to a movie, tv or podcast and roll them up. Just do it at the end of every month. This is for smaller units, but if you have a huge apartment building, I would try and find a friends child and pay them to do it so you're not wasting time...
  3. SVS

    Is investing in Kitchener still good?

    it depends where exactly you are looking in the city, and what style of building there has been a big frenzy on buyng investment properties with the LRT and a lot of multiple offers. I still manage so find 1 or 2 positive cash flowing properties per month in Kitchener. Personally I have been...
  4. SVS

    Real Estate Agent

    Join a brokerage with good training, Keller Williams Iam biased towards obviously since I work here. But I first started at REMAX and it was a waste of time they do not help at all. Leadgen and follow-up is 90% of your job, If you decide to join a brokerage without training check out Bruce...
  5. SVS

    Working with ACN - Does it Really Save on Utilities?

    They basically back pack of off other companies so t depends who they are backpacking off. You would have to look, I lived outside GTA and found it useless except for bell http://myacncanada.ca/index.html
  6. SVS

    Working with ACN - Does it Really Save on Utilities?

    As I said you get a discount as an employee, most people who use them work for them. Or maybe you're doing a friend a favor. I worked for them in the past that's how I know. Got out because I was not actually doing anyone a service just basically charging them more for services already available...
  7. SVS

    Working with ACN - Does it Really Save on Utilities?

    ACN is a network marketing company that specializes in services and utilities. I found they generally charge more than most companies, but as employee you get a percent of everything you sell monthly. IE 1% of gross sales or something along those lines also a lot of there services are not...
  8. SVS

    Looking for Multi-family Money partners! Minimum 7% CAP 20% ROI.

    Looking for Multi-family Money partners! Minimum 7% CAP 20% ROI.
  9. SVS

    RRSP loan for first time buyer

    Here are a couple good programs for first time home buyers...
  10. SVS

    Wholesaling/Assignments

    Work on building a list of cash buyers, really know your market. Wholesaling is easy if you get the property cheap enough, most people make the mistake of overpaying.
  11. SVS

    Looking for a mentor with cross-border experience

    Email me [email protected] I will forward it to someone who fits that bill.
  12. SVS

    Hot Water Baseboard Heaters - Recommended?

    Perfect that's the answer I was looking for! Double check my math please, but the payback would be 16.7 years without repairs. Not including any grant money or tax deductions. Seems like a decent investment for a larger building you don't plan on selling. Although as a realtor I would be wary...
  13. SVS

    Hot Water Baseboard Heaters - Recommended?

    Yeah without a doubt Hydro here in Ontario is getting ignorant. I recommend to any of my clients to buy with separate meters unless the numbers are great. Even when they do buy without I say to split the meters ASAP. You can find a 8-10% cap rate at face value, when your due diligence is...
  14. SVS

    Hot Water Baseboard Heaters - Recommended?

    That answers some of my question, but I would like to know how it takes to recapture your initial investment in your experience, as I would expect the installation company to give me a rate using maximum potential performance. I don't understand how my rate of return can be as much as I want...
  15. SVS

    Hot Water Baseboard Heaters - Recommended?

    Whats the re capture rate on something like that? Also do they require maintenance and how often?
  16. SVS

    Hot Water Baseboard Heaters - Recommended?

    In my personal opinion I would keep the electric and put my money into separating the hydro for the triplex. Although if you're in a high end market, they may not like the ugly look. I would buy a boiler in the 30 Plex if its not seperated hydro. I would stay away from reliance and renting...
  17. SVS

    Who is your ideal tenant?

    I would say definitely depends on your market and property finishes. Although I would agree Cory about the blue collar workers that are a little older. I have a tenant who has actually made improvements to my unit just to suit his own living style and keeps it really clean. Does the yard...
  18. SVS

    CMHC Secondary Suite Rules.

    Check with your realtor and mortgage broker and make sure they understand! I had issue with a mortgage broker telling me it was impossible because they didn't know better.
  19. SVS

    6Plex in Thunder Bay Ont???

    Thunder bay would be tough, the tenants up there need good screening and there's barely any work, run the risk of tenants with government income in a fridgid harsh environment. You would have a difficult time with eviction. If you can attract the university kids you might find opportunity. If...
  20. SVS

    First AFS Deal, looking for a second set of eyes.

    Where is the property located?
Top Bottom