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    AFS Deal - How can you turn around and sell without the deed?

    Hi, I have a question based on one of Ron`s examples: Let`s say I buy Bob`s house by taking over his debt. It`s a $210K house (ARV) and he owes $175K. I take over his debt on an AFS and make his mortgage payments of $1,100 per month. With an AFS my understanding is that the deed stays in Bob`s...
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    Information about Leduc

    Hello, I`m looking for some information about Leduc. I live in Ottawa and buy exclusively in Edmonton, however while talking with my Edmonton-based mortgage broker yesterday, he recommended that I consider buying property in Leduc. He owns several properties there and recommends it highly...
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    How to add more properties to REIN`s JV Agreement

    I have some JV partners (2 separate parties) who want to do multiple deals with me. We`re in the process of doing our first deals together and are using the REIN JV Agreement, but I`m wondering how to add future properties. Schedule A of the agreement lists the first property in question but...
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    Has anyone heard of condo boards charging fees/deposits for absentee landlords?

    Hello, I`ve just received a call from my property manager in Edmonton (I live in Ottawa) telling me that the woman who runs the condo board for a complex in which I own two townhouse condos is asking for the following payments: $50/condo fee for being an absentee landlord; and a deposit...
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