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So I have used up all my own money on a few rental properties, so I hit the streets looking for investors that were willing to invest with myself and my partners to purchase another rental property. So it happend pretty quick and we found someone that invested 50,000.00 with us. We found the...

So I went through the spreadsheets that Mark posted and need a few final clarifications to made. In the example of the Hamilton house for sale at $269,000.00 it is stated that the tenant put down a security of $10,000.00 from day one. Then over the 3 year term they saved $14,400.00...

Wow, thanks. That's actually pretty rare that the author of the book will reply to that message. haha However since I have your attention in this specific example I have a few questions (again..) if you don't mind answering. 1) Does the property go under your name or under the tenant...

I couldn't find the answer I was looking for in the previous post and was hoping someone could answer the following on RTO. Can someone put together an example with the numbers of a rent to own property, I am reading Mark Loeffler book, however I am still confused and little sceptical if it...

Hi evryone. I was hoping if someone on here could explain to me exactly how a VTB mortgage works and maybe even throw up a example that would be very helpful. Thanks

Did anyone here attend last year's investor forum in Toronto. Was it useful for information / contacts. Did you feel that it was worth the cost/hype

This is the first year of my RE career and I have come across tax time and my tenants are requesting rent receipt for the last year. Now online I've found several however I was wondering is there an Ontario Standard tax receipt form or is it basically just make it up with the important information

Ok guys, need alittle help to gather a few opinions. Myself and 2 partners just purchased a property for approx 250,000. We are on the fence of which mortgage we should go with and I was hoping for some of your opinions. On one hand a 5 year fixed at 4.65 with 5% cash back(or close to) is safe...

Has anybody purchased a duplex or triplex with only one electrical meter. I just bought a triplex with one electrical meter and I am looking to split the units to run on their own seperate meters, does anybody have an idea of cost to do this? The home is in Burlington, Ontario

As buyers what do you think about having this form written into the conditions of the contract. I just went through a negotiation process where we included that the seller must include an SPIS in the conditions, so when the counter came back the seller crossed it out saying that he didn`t know...

A few more details. The properties were purchased for 5% down, one of the homes is closer to the downtown core (but not actually in it) so I will attach to it the old cliche of being in an "up and coming neighbourhood" which I believe it is and the appreciation on the property is about 8%-10%...

I have a property in Hamilton, Ont a duplex that generates +/- $450.00 positive cashflow and am in the process of buying a triplex in hamilton that generates just over $500.00 positive cashflow. Both the houses were purchased just over $200,000 and are not in deadbeat areas, or rented to low...

Hello everyone, I hope someone on here would be able to help, as this message board as been a major factor to my early REI success. I was wondering if anybody has a good contact for a Accountant in the Hamilton/Burlington area that has significant experience in the REI sector. I`m in the process...

Just purchased a property a duplex in hamilton, and am working through several insurance quotes. I was wondering what other investors here were paying for insurance, and what type of coverage do they have. I would like to get a good idea of what is reasonable for insuring an investment property

I`m very new to real-estate investing, more so the business aspect of it. About a month ago I was speaking to Scott from the hgtv show Income Property and he was very open about his success with real estate investing. He quickly mentioned to me that for business purposes they have 3 companies...

So myself and 2 business partners have purchased our first investment property in Hamilton. It`s a legal duplex generating just over $500 cash flow per month. The basement is unfinished and has definite potential to become a 1 bedroom basement apartment. Our target market (like most) is young...

My name is Zoran and my 2 business partners and I would like to attend this gathering. would that be possible. Email. [email protected]

I`m thinking of buying a single family house in hamilton and renting it as a duplex or triplex. The catch is that the property is only zoned for a single family residence. Now I understand that this is not the best situation, however it`s something that is happening all over the city. Has...

I was wondering does anybody have any experience in this matter of converting from a single family home into a duplex or triplex. I am in Hamilton and am looking for some advice or experiences as well if anybody has any links on how to leagally do this I would apprecieate it.

Hello to anyone that reads this thread. I found a great area in hamilton that has a triplex for sale, the area surronding this home sells for 300-400km and this house is for sale for low 200ks. Now the catch is that this triplex has a sinking foundation and exterior crack is evident, this is...