Dear fellow members May I have a copy of your JV Agreement? If you are willing to share this document with me, please private message me I am looking for a JV agreement approved by a lawyer and one you have been using for at least a few years with no legal challenges. I will of course run...

Hi there; Ask the owner if they can provide a copy of their tax return where they have claimed income and expenses for this property (only ask to see the rental property portion). This might give you a rough idea, but of course you are relying on the numbers stated by the owner. If you are...

Hi there;I think its a great idea to share one`s knowledge and experience with other. Its allows one to discover what`s out there and you might even get some inspiration. So here are the details of my first deal. Purchase Price: $88,500 Property Type: Triplex - Financing: High Ration...

QUOTE (trev @ Jan 13 2010, 08:36 PM) By the way, tell him I sent you. $$$$$ Just kidding Hi there; Thanks for the great recommendation. I will definitely contact him. I will also mention that I got his name through you. Thanks again Ajay Sritharan

Hi there; Can anyone recommend a good realtor in the Oshawa area? I am looking to acquire a high quality single family home in this area as an investment. I need to find a realtor that knows the area well and has a lot of experience in real estate. Thank you Ajay Sritharan

Look into the following insurance company. They have created a insurance program exclusively for REIN members. More info can be found under the "Member Resource" (under Directory) on this site. Park Insurance Agency Ltd. Bryan Fitzpatrick, President 420-4400 Dominion Street Burnaby BC V5G 4G3...

Hi I am looking for a quality real estate agent that has extensive experience in mult-family and/or commercial property investing in the Hamilton area. Can you recommend anyone with whom you have had a long-term relationship and purchased property through them? I am looking for someone who is...

I agree with the earlier post that I would not buy this property. 1. The cash flow is too low 2. Based on the figures provided it doesn`t seem to be a profitable proposition to flip this property either. I also agree with Thomas`s point that selling the property usually takes longer than...

Hi there; Its tough to say, since I am not an expert in either market. But if I were you, I would do a comparative analysis of Waterloo and Kelowna. Complete the REIN Property Goldmine Scorecard and see which market you are more comfortable and shows greater potential for returns...

Hi; I have been investing in small towns in Ontario where one can reasonably expect $100/door in cash flow (excluding any unexpected vacancies and/or repairs of course). The properties in these towns are older so there is a higher occurance of repairs, however. Here is an example: A fourplex...

QUOTE (koffeedan @ May 23 2009, 07:15 PM) One question I would like to analyze is how to structure for down payments. For example, if a person has a set amount to invest, is it better to put 20% down on fewer properties, so they cashflow better, or go with CMHC 5 or 10% down, buy more...

Hi there; As a rule your yearly rent should be 10% of the purchase price in order to get positive cash flow (generally). This property does not seem to meet this requirement. Also when tally the expenses consider a) Property Management fees (if applicable) b) Maintance Costs - especially...

Hi I would be interested in attending and providing input/information. One suggestion, maybe we should post questions before the meeting (compile all questions I week before the meeting). This way those who have information to share can take some time to research and gather their thoughts -...

Hello Everyone: I came across a very interesting interview by JJeff Rubin, former chief economist at CIBC World Markets Inc. He was named Canada`s top economist a number of times. he has some very interesting thoughts and predictions for World Oil prices and Canada`s oil industry, among other...

Hi there; On our JV partnerships, we do not charge any of the fees mentioned. In terms of property management, we use professional property managers who charge anywhere from 8-10% of gross rent. This cost comes out of the rental income. At the end of the day, you have to strike a win-win deal...