What about the ‘loss of income in 2-3 years?’ part? Sent from my iPhone using myREINspace

Hi Thomas, Why do you recommend not going with 5 year fixed rates unless if you expect a loss of income in 2-3 years? Sent from my iPhone using myREINspace

Any thoughts on ‘a totally renovated suited property with a garage’ VS ‘a new suited property with a garage? Also legal vs non legal suites? Sent from my iPhone using myREINspace

Thanks for your insights Angela. Yes, investing in positive cash flow properties are important to increase our ability to obtain mortgage on future investments (DCR 1.1+). Angela, do you know when does a lender use a TDS calculation and when does a lender use a DCR ratio calculation? I thought...

Thomas, will that mean that there's no right/wrong or better/worse option in regards to choosing which strategy (negative cash flow, high appreciation potential VS positive cash flow, lower appreciation potential) to use in real estate investing? It would depend on what type of investor /...

Hi Devin, I'll shoot you an email! Clinton

Is it a good idea to get a SFH with basement suite with negative cash flow (-500 to -700) with the hope of rents increasing and hence making it positive cash flow in 2-3 years + good probability of higher capital appreciation in a city like new west? What about comparing that to investing in a...

@Tina Myrvang I've taken a look at SFH with a basement suite but so far the numbers don't add up nicely unless i'm relying on rent increases in 2-3 years to come. However, that would mean that i would have to be in negative cash flow for a couple years, like what Thomas says, and betting on rent...

Thanks for the response @ThomasBeyer. Are you saying that cities like New West will be more of a play of capital appreciation? Is there a way to predict rent rates 2-3 years from now?

Hello everyone, I've done a lot of research about New West for the past couple weeks and i love certain areas of New West and I believe they're quite promising in the next 5-10 years time period. However, i've been trying to crunch the numbers on different types of properties and have been...

Hi Tina, Can you forward it to me too? Sent from my iPhone using myREINspace