QUOTE (thomasbeyer2000 @ Feb 16 2008, 07:15 PM) it is NOT unusual that in the first 3-9 month of a revenue property you lose money, as frequently the rent is too low. So: can you raise rents to market (keeping in mind provincial landlord-tenant act and local market conditions) and cash-flow...

QUOTE (PaulPoulsen @ Feb 16 2008, 02:22 AM) There are so many variables and it really depends on your comfort level. You say the property won`t carry itself. If you`re talking $25 a month, then maybe you`d be willing to carry it for awhile until the rent catches up with the costs. But if it`s...

Long story short. We made our first purchase of a Revenue property. We are in a small market that is very hot right now. Problem is this causes bidding wars, which obviously is not good when purchasing revenue property. When all is said and done, it seems the property will not be able to carry...

Hello and Happy Holidays to everyone. Thank you for the opportunity to ask a few questions. With my Brother, and our Wives, we are about to take the leap. We have everything in place to purchase our first property. In regards to REIN, we are hesitant strictly because of the fact that we are not...