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  1. EricBodin

    Investing through a JV with non resident family members

    Hi, I am interested in investing in a JV with 2 other family members. Both of them are from France. What would be the best way to do it? Through a Canadian corporation? Since I am a Canadian resident, what percentage of down payment would we need? Thank you ! Eric
  2. EricBodin

    using a corporation (with capital loss) to buy real estate

    Hi, I guess I have a pretty strange question: I own a corporation (Ltd) in BC that used to own a restaurant and after selling all of my assets, I have now a pretty big loss of $150K with this company. I am planning on buying real estate investment within the next 6 months (used to be a REIN...
  3. EricBodin

    Renting for the olympics

    Hi everybody, Just wondering if any of you in the Vancouver area are thinking of listing your rental for the olympics. I am torn right now as I have a great location, 1 bedroom in Yaletown, 2 blocks away from BC Place but I would have to furnish the place and it is not for certain that I will...
  4. EricBodin

    Rent increase in BC

    Hi everybody, I have a condo in downtown Vancouver (Yaletown area) with a very good tenant (not a single problem so far) but the 1 year lease comes to an end soon. I was wondering, under the BC regulation, what the max rental increase percentage could be ? and if for the one who are familiar...
  5. EricBodin

    Investing from abroad

    Hi, I have been a REIN member since february and currently own 1 rental in Vancouver. I might be moving back to France for a few years as I am french and I have been in Canada for over 4 years. I would love to keep investing in real estate in Canada while in France but as I am not gonna be a...
  6. EricBodin

    Bc Lease Agreement

    Hi, For BC Lease Agreement, do you usually use the one available in the member ressources as it seems to be more specific to AB? or do you have an online website to recommend? Thank you Eric
  7. EricBodin

    Docs needed for Credit Check Criminal Record Check

    Hi, I have a quick question. I have to meet 2 potential tenants for my condo in Vancouver in a couple hours. I will do a credit check and criminal record check through Rentcheck, but they are still processing my application. Do I absolutely need a form from Rentcheck for the tenants to fill...
  8. EricBodin

    Bank Account for R.E

    Hi, Does any one of you put a certain amount in the bank account for each property as a safety net in case you need extra money for repairs or suite not rented...? Would it be 1 month of rent or more?? Thanks, Eric
  9. EricBodin

    Power Paperwork System

    Hi, I have a question regarding the power paperwork system and the 4 colors folders. Where would you keep your strata minutes (quite a few to store), mortgage docs, property tax, property assessment.... It doesn`t seem there is a file for these, and that might take some space. Thanks, Eric
  10. EricBodin

    Search BC lawyer

    Hi There, Could anyone recomend me a good lawyer/notary specialized in R.E in the lower mainland? (preferably a REIN member) It is for the purchase of my personal residence in Port Moody, but I could then have him work with me for my R.E investments. Thanks, Eric
  11. EricBodin

    RE Investments vs Small Business

    Hi everybody, I would love to have some comments regarding my situation. I have always had small businesses (retail, food...) and I just sold my last business a few months ago. I have a small amount of money from the sale of the business. I could buy a new business but in this case this would...
  12. EricBodin

    Mailing REIN Membership

    Hi, my name is Eric, from Vancouver, and I am new to the forum. I would be interested in becoming a REIN member but could anyone tell me more about the mailing membership as I can`t really find any info about it? and also living in BC, are there regular workshop, meetings...? Thx
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