- Joined
- Sep 19, 2007
- Messages
- 11
I would like to express my sincere appreciation and thanks to Don and all REIN members. Don, thank you and your REIN team very much for providing us the fundamental and system, for updating us the market information continually and for providing us the wonderful events.My husband and I just immigrated to Canada in May 22, 2006. We both have no ideas what mortgage broker, property management, taxation and realtor are, but somehow we believe Canada is a good market with a lot of opportunities for the real estate investment.
Since July 2006, we started our Journey in the real estate investment. We attended to different seminars, read the books and approached to power team members. Don`s "Real Estate Investment in Canada" and "97 Tips for Canada Real Estate Investors" on the top list of Amanzon.com caught our eyes. Following Don`s system we were out of fear when we put the first offer. We also set up our first life and investment goals by following Don`s suggestions.
However, everything was not coming easy as we expected. We spent almost half year to study the market and built the relationship with the power team. We finally closed our first deal for duplex in March 2007. We got a lot of problems from the property as we didn`t have too much experience. The property has serious leaking problem in the basement and we couldn`t get any tenant to live there, which means that we were suffered from negative cash flow each month. We also spent tremendous money on maintenance which we totally unexpected.
In April 2007, I joined REIN. With the knowledge learned from the workshops and the experience gained from the 1[sup]st property, we are doing better job for our investment. Now we are enjoying good positive cash flow from our 2[sup]nd[/sup] and 3rd[/sup] properties in Waterloo and looking forward to having good tenants for our plaza units in Toronto.
I am writing our story here to encourage people who never took the actions yet. I just want to say nothing is impossible. As the new immigrants, we can do it; you can do it as well. Believe Law of Attraction and Believe yourself, Follow the system and take the action.
Kennie
Since July 2006, we started our Journey in the real estate investment. We attended to different seminars, read the books and approached to power team members. Don`s "Real Estate Investment in Canada" and "97 Tips for Canada Real Estate Investors" on the top list of Amanzon.com caught our eyes. Following Don`s system we were out of fear when we put the first offer. We also set up our first life and investment goals by following Don`s suggestions.
However, everything was not coming easy as we expected. We spent almost half year to study the market and built the relationship with the power team. We finally closed our first deal for duplex in March 2007. We got a lot of problems from the property as we didn`t have too much experience. The property has serious leaking problem in the basement and we couldn`t get any tenant to live there, which means that we were suffered from negative cash flow each month. We also spent tremendous money on maintenance which we totally unexpected.
In April 2007, I joined REIN. With the knowledge learned from the workshops and the experience gained from the 1[sup]st property, we are doing better job for our investment. Now we are enjoying good positive cash flow from our 2[sup]nd[/sup] and 3rd[/sup] properties in Waterloo and looking forward to having good tenants for our plaza units in Toronto.
I am writing our story here to encourage people who never took the actions yet. I just want to say nothing is impossible. As the new immigrants, we can do it; you can do it as well. Believe Law of Attraction and Believe yourself, Follow the system and take the action.
Kennie