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Recent content by DREI

  1. DREI

    It`s the first... Where is my new tenant?

    In the future I would suggest not holding the place unless you have been paid at least the equivalent of 1 months rent (getting first and last is ideal). Make sure that you tell them the deposit is non refundable and that if they don't have the first months rent before an agreed upon date that...
  2. DREI

    Recommendation for a Real Estate Agent and PM in Cambridge Area

    Michelle Provost is an excellent agent and she is based in Cambridge. We have been working with her for quite some time and she understands the REIN philosophy and our specific investment needs. It is important to note that very few agents are able to provide the quality of service that...
  3. DREI

    Lending mortgage funds within RRSP`s

    We have found that B2B Trust is another good company to go through. They have an office in Toronto, and the best part about them is that you don`t need an appraisal on the property to put the 2nd or 3rd RRSP mortgage on it. This not only saves money, but allows you to go up to 100% LTV (or...
  4. DREI

    Anyone using wholesalers?

    I just read your email today so I hope its not too late for a response. to answer some of your questions: 1. Yes we use wholesalers (they are everywhere, you just have to advertise to attract them) 2. It depends on where you are 3. I don`t live in Edmonton, but we have found deals by advertising...
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