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  1. AndyLuchies

    REIN Multi-Family Summit Highly Recommended!

    That sounds like a wonderful idea Thomas, but family responsibilities keep me grounded for now. There will be plenty of time to see Canada's beauty when I'm older, slower and it's just me and the Mrs. once again.
  2. AndyLuchies

    REIN Multi-Family Summit Highly Recommended!

    Has anyone heard if this is available for us out east in Ontario (Not only multi-family but the broader commercial investing courses)? Either as a live event or if the Alberta shows are recorded? I suppose I could fly west, but seeing as commercial real estate is still a few years away for me...
  3. AndyLuchies

    St. Thomas rents?

    Thanks for replies, guys. @tinamyrvang - I didn't find as much as I wanted on those sites so thought someone with experience in that town could help out a bit. @zarmas01 - THANKS! padmapper is pretty neat. Again, not a lot of options for house rental in St. Thomas, but I'll certainly use it in...
  4. AndyLuchies

    St. Thomas rents?

    Hi guys, Looking for advice in the St. Thomas, Ontario area what the range is for renting out a 3 bed 2 bath semi-detached (utilities covered by tenant)? Anyone with rentals in that area feel free to drop a line or message me. Or if you'd need more info. Just looking for a range to start...
  5. AndyLuchies

    Canadians Snap Up U.S. Properties

    I'm not sure why your question is phrased with the adjective "alleged." It seems absurd to me that someone would take the time to post on a real estate investors website about a failure that isn't real. Why would I make myself look like an idiot to my peers? I'm not selling anything; I have...
  6. AndyLuchies

    Excellent strategy to use your RE income to the max!

    Technically, you're not changing the classification of any debt. Rather, you are declining to use your rental income to pay down rental expenses. These rental expenses were incurred trying to run a profitable business; therefore, they are tax deductible and any interest on them is tax deductible...
  7. AndyLuchies

    How to filtre out bad tenants early

    Anyone from Ontario wanna chime in? Gotta be careful in the commie province how you sound to tenants. I heard of a "friend" who would always state during the interview that the late fee for rent was $50 (which is not allowed according to landlord tenant board I understand). If the possible...
  8. AndyLuchies

    Canadians Snap Up U.S. Properties

    I'm not sure if this post is going to help. I'll be honest. I have limited time to surf the web each night so I didn't bother to read all the posts before me (sorry). I am an American citizen living in Ontario and so after joining REIN, I invested in the States in spite of all Don's warnings...
  9. AndyLuchies

    Excellent strategy to use your RE income to the max!

    Hi All, Not trying to reopen an old thread, just needed to read some of my old posts to get information that was pushed out of my brain years ago and figured I'd post an update seeing as I haven't been here in years. My wife and I have no mortgage payment on our principal residence now...
  10. AndyLuchies

    Rent To Own Organizations

    Sorry, the above post should have been a PM.....oops :)
  11. AndyLuchies

    Rent To Own Organizations

    Thanks for all your replies; however, I think somewhere along the way this thread was hijacked. I have been investing in real estate for 9 years, done well and poorly with different properties, even invested in the States (which I don't recommend). I wasn't looking for advice on how to do an RTO...
  12. AndyLuchies

    Rent To Own Organizations

    Nothing, just looking for more options as well. HOS only has so many deals they release each month.
  13. AndyLuchies

    Rent To Own Organizations

    Hi all, Been investing in real estate for a while and want others to do the dirty work, lol. We're open to being a money partner in certain deals, but even better, I'm looking for Rent-to-Own organizations who set up the deals for a fee (like Home Owner Soon). Can anyone here post ones...
  14. AndyLuchies

    A Prayer especially for Real Estate Investors

    Haha, maybe my Timezone is messed up, it was ~600am here (I think) in the morning when I replied which is after I was up....i`m closer to a narcoleptic than an insomniac. The game involves math, you have to know how to add subtract multiply and divide, but that`s all. We played it with my artsy...
  15. AndyLuchies

    A Prayer especially for Real Estate Investors

    I was looking over old posts, and saw this one (below). In case its still applicable, I thought I`d comment quickly. If I were you, I`d check out rent-to-own programs (RTOs) to base your real estate around. The 2 key factors for tent-makers like yourself are: 1. on going cashflow from...
  16. AndyLuchies

    A Prayer especially for Real Estate Investors

    HI David, First, we`ll all so glad that you have found REIN to be what it`s intended to be, a place for great real estate minds to share ideas and grow together. Second, (a little promo) have you tried the Real Estate Cycle game from "Tell Me The Time"? My wife and I bought it and have used it...
  17. AndyLuchies

    Photographing a suite

    Harry Gils (based in Hamilton) is great. He shoots all over Canada. Although he also does advertising for some big names, he prefers shooting home staging, and his prices are no different than others! harrygils.com
  18. AndyLuchies

    Fixed or Variable? That is the question

    Hey Wade, do you think with a weak U.S. dollar, the BofC will keep the rates lower than they normally might to weaken our dollar? I wonder if this would give the variable a more favourable comparison....
  19. AndyLuchies

    How well do houses with suites rent-to-own/lease-to-own

    Jseib, I agree with the basics of what you`re saying; however, I would still say that RTOing a house IF you are subrenting out the basement/suite will likely be a better financial move than simply straight rent. Ideally, the sub-rent you`re pulling in will help pay down a decent portion of the...
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