Welcome!

By registering with us, you'll be able to discuss, share and private message with other members of our community.

SignUp Now!

Recent content by coolaj

  1. coolaj

    What is better: cash-flow ... or higher ROI ?

    I would say I would choose somewhere in between 1 and 2 Why: I am a true believe that there should be a small cashflow from any deal. And the same time I always maximizing the leverage in terms of mortgages that I have. So 0 cashflow does not work for me personally. I would probably create...
  2. coolaj

    Letter to vacate - selling property

    There is actually a form from the real estate agent that I typically make the seller give to the tenant. Just use that.
  3. coolaj

    What would you do with this offer from the bank?

    I would say option 1 or option 3 I have a portfolio of roughly the same amount of fixed and variable mortgages. I used to keep only varable in the beginning but then as the numbers started growing I started option for fixed as it was neccessary. I would call the First National First...
  4. coolaj

    Insurance on a flip property

    You don't have to be REIN member to use insurance like Sadler Insurance I have been using lots of tools of what REIN members use and don't have to be a member of REIN
  5. coolaj

    Keep it in the family and capital gains - a question....

    If you save all of your receipts -> then this can be added to the price of the house and hence reduce the capital tax Short answear: see accountant Long answear: if your father-in-law puts your wife on title, probably she has to declare all of her assets to the mortgage company. If she...
  6. coolaj

    HUB Insurance -> Questionnaire

    Hi everyone, I recently received a letter from HUB Insurance in regards to the AVIVA Insurance. Basically they are asking me to fill out a questionnaire of basically all kinds of things in regards to the property: when was roof was change, is it vacant, oil tank, plumbing, electrical, sewer...
  7. coolaj

    What is the best bank for multiple checking accounts and REAL ESTATE INVESTMENT

    I use BMO, TD and ScotiaBank I would say that I personally prefer BMO TD on second place ScotiaBank is my least favorable one
  8. coolaj

    just starting in real estate,

    Joining REIN is always an option but I would recommend a less famous local club as well. Find a real estate club that is close to your home where you can go every month or so. Typically they are $10 per meeting to attend to and you meet a lot of great local folks which who you can find a lot of...
  9. coolaj

    Anyone heard of Charles S. Bell and his patented Mortgage Killer or Financial Equalization Action Technique?

    I wrote an article on the company, if you are interested, just read it. Everything is explained how and what is being done there. http://www.pcpclub.ca/financial-equalization-review/
  10. coolaj

    Rich Dad Poor Dad

    QUOTE (Phantomtib @ Feb 7 2008, 07:02 PM) This is what I found..... Hey Y`all Remember back in August they were advertising a free seminar about real estate investing put on by rich dad poor dad? Well I went to the free seminar they put on at the Deerfoot Casino conference room. It was...
Top Bottom