Hey everyone, I have an opportunity to buy a nice 3bd 2bth detached house in Cambridge for $70,000 less than appraised value ($340,000 current appraisal, signed contract for $270,000). It's in great condition and only requires some fairly minor renovations to really make it shine. Paint...

Hi all, I'd just like to let everyone know that the monthly meetings for the KWC Investors Group are being relocated to the Milton area until further notice. We are doing this in an attempt to amalgamate all interested attendees into one location, and to create a larger group that will...

Hi everyone, In case anyone is still skeptical or unsure as to whether the Ron LeGrand 'Quick Turn' method is viable in Ontario, I'd like to share the details of my first successful Quick Turn experience. This might be a bit verbose, but I'll share some of the finer details for those who...

Hey everyone, I`ve had a potential deal come my way and I`m wondering if I could get some advice on what might be the best plan of attack. Here are the details: - 2 houses located out in a small town, just outside of London Ontario. Population about 3000. - Both are rental properties that...

Hi everyone, I thought I would start a new thread specifically for the purpose of posting upcoming meetings of the Kitchener Waterloo Cambridge Investors Group. Our meetings are open to anyone who is interested in investing in the KWC region. You do not have to be a REIN member, although there...

Hi all, As I will be attending the Ron LeGrand workshop later this month, I am beginning to look at For Sale By Owner properties and collect the various data regarding asking price, market value, repairs, etc. The big question mark for me is how I can determine actual market value on a house...

I haven't been at the investing game very long, but since I started last Fall, I've been able to pick up two properties. One I have successfully filled with a great Rent To Own tenant and the other closes this April. The purchases of both were quite a bit of work for a newbie like me, but...

I`m looking at purchasing a single detached with a sloping grade downward from the front of the house to the back. This means that the basement walks out to ground level and the main level is about 12 feet higher up. Main floor has sliders at the back that look out into the back yard, but no...

Hey everyone, With things tightening up for single family residential investors such as myself, I`m starting to consider looking outside the MLS system for any single detached homes that fit my RTO criteria. Considering that I`ve been using a Realtor for my first two purchases, what...

The next Kitchener Waterloo Cambridge Investors Group Meeting has been scheduled for Sunday, February 28 at 3:00 pm. We meet every month at the Williams Coffee Pub located at 4500 King St. East in Kitchener, just off the 401 near Costco. This is a great chance to meet, share stories and network...

Hey everyone, I`ve had a few ads for my RTO in Kijiji and Craigslist for a couple of weeks now. So far, the response has been good (99% from Kijiji, in case you`re keeping tabs), but I`ve received a few messages that had me wondering as to the motives. In both cases, the interested party...

Hey everyone, Well, we had our first showing of our Rent To Own property in Cambridge tonight. Things went pretty well: out of 8 appointments, 4 showed up and 3 filled out applications (not bad for a first showing, I suspect). Nobody really shone above the rest, and everyone had various points...

Hi everyone,My HELOC education continues! I am currently renegotiating my HELOC with TD and am facing a number of options with regards to how I can set it up. As with much in life, there is no clear cut winning strategy, and each option has its pros and cons. I need some advice as to the best...

Hi everyone, Well, after posing the initial question last week, we`ve had a lot of positive feedback from investors who are interested in participating in a `Mastermind` group for the Kitchener-Waterloo Cambridge area. At last count, there are about a dozen interested parties and the number...

Hey everyone, After having a great experience with the Hamilton Mastermind Group last month, I am now wondering if there are any KWC REIN members that have formed or are forming a similar group for their area? I`ve searched the forums and haven`t found any evidence of a KWC "Mastermind" Group...

Hey everyone, I`ve gathered some conflicting information regarding my eligibility to attend the upcoming REIN meeting in Toronto, June 2nd. It`s been suggested that there may be a one-time-only "try it out" fee of $200 if I`m not a member but considering a membership. If this is the case, and...

Hi everyone, My life is at a turning point. My current business (self-employed graphic designer) has been dwindling steadily over the past year and I find myself in desperate need of a change. There is very little work coming in these days and I feel compelled to spend my new-found free time...