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  1. J

    Looking for Realtor & PM in the Port Huron Area with Investing experience

    Looking for experienced realtor and PM companies in the Port Huron area.
  2. J

    First commercial Property

    I'm in the offer stage of a commercial property after selling all my residential property this year. I'm looking at a short term rental commercial property and wondering what conditions would be applicable to the business purchase? I understand the property itself and feel confident in the...
  3. J

    1st Commercial Property

    Recently sold all my residential properties and looking at my first commercial with 6ish units. My only experience is with the residential house/duplex type and wondering if there are any watch outs or significant differences when stepping into the commercial side oo a small building. Looking...
  4. J

    How to structure ownership for tax benefits

    I recently sold all my properties and came across one I couldn't pass up to purchase in the process. Although the time to sell was good with the market, I will be paying the price at tax time taking the $ as income. I am in the highest tax bracket already so I will eat this one but, wondering...
  5. J

    Capital Gains

    Selling my properties in Ontario and wondering if there is any way to defer paying capital gains if I purchase more property worth equal or greater value than what I sell? Any suggestions as I'm in a high tax bracket.
  6. J

    Insurance prices

    Just wondering if anyone can recommend an insurance company. I seem to be paying quite a bit more than others and am loooking to bring my costs down. It seems like most people I talk to seem to be paying 700ish while i'm paying more like 1500. I live in Sarnia, Ontario.
  7. J

    How to structure first JV? Advice needed

    I'm looking at my first JV and am looking for some expertise on how to structure it. I own a few duplexes and my partner a triplex, and we are looking at a fourplex together. It will be the two of us and our wives also going in. What are the advantages/disadvantages of the different ways to...
  8. J

    Fire certification for triplex??? need help

    I'm looking at a triplex in Ontario and am told that you can get a fire certificate without an electrical inspection. This is what I was sent. "In terms of the fire certificate, he says with a duplex an electrical certificate is required before the fire certificate. With triplex, an...
  9. J

    Advice on a property

    I'm currently looking at a triplex for sale for 199K. They purchased it 1 year ago for 156,500 and have done nothing to improve the property. The gross monthly income is $2260. They have listed expenses totalling $632. (heat-86, water-80, water heater rental-27, taxes-211, insurance-178 and...
  10. J

    Crunching numbers

    Just wondering at what point does owning rental properties become profitable from a monthly cashflow standpoint. When analyzing properties are investors looking at fully mortgaging a property (100%) from a numbers standpoint or are they figuring that any cashflow is a return on their...
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