Recent content by DustinT

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    ARV in edmonton

    Like you said I have to start somewhere. I'm just trying to make sure I have the most information possible before I pull the trigger. I don't know what a "basic house" is. If you mean, just buy and hold, I'm not sure why I would do something that doesn't fit with my investment strategy, I...
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    ARV in edmonton

    What I need to know is if there is a two bedroom subject and a three bedroom comp, if all other things are equal what would the price difference be, or if theres 100 sq. ft. more, an extra bathroom, etc. etc. I know it's not going to be often youre comparing exact apples to apples but if I'm...
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    ARV in edmonton

    Hey guys, looking to buy my first property. Want to try and follow the brrrr strategy. I'm looking to try and get an accurate ARV to calculate for when I get a mortgage. Two issues, one, in some cases there are very few comps so if I go further back (instead of 0-6 months, up to two years...
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    US Hedge Fund bets on Canadian housing market crash

    https://business.financialpost.com/news/fp-street/a-top-performing-hedge-fund-is-shorting-canada-banks-on-housing What do real estate investors think about this? Any strategies for "in the event of..." scenario?
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    Consequences of returning the property to the mortgage holder and walking away?

    Where is the property, what is it, and what's left on the mortgage? Maybe someone here could help you with a lot less hassle and risk than the bank route.
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    Getting property under contract

    Thanks man.
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    Exclusive realtor

    Thanks a lot guys. Have another realtor who is helping me without that. Sent from my iPhone using myREINspace
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    Exclusive realtor

    Got sent a contract from a realtor I’d been emailing with that basically states I can only go through him in that city. Is that standard? Sent from my iPhone using myREINspace
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    Getting property under contract

    Hello, I have been practicing analyzing deals in preparation for my first purchase. I am just now talking to lawyers, mortgage broker, contractors, and putting together a team. I have come across a property that I feel is the kind of deal that I am looking for but I don't have everything in...
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    BRRRR in condo

    Point taken, so when apples to apples as much as possible, and/or adjusting for differences, would you then feel confident calculating arv and be able to apply a brrrr strategy? Thanks
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    BRRRR in condo

    Is there any reason why you couldn't buy the worst unit in a building, reno it, and refinance for what comps have gone for recently in the same building? I'm just wondering if it being a condo has any bearing on that process?
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    Do you accept this offer or not?

    you give me money and i'll give you 2%, then i'll give you money and you give me 3%. Then I win.
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    Best market in Canada

    You don’t set aside money for cyclical upgrades? You take it out of cash flow? Why would you do that? Sent from my iPhone using myREINspace
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    Multifamily in Edmonton

    Rookie question: in what situations or why do you want to convert to condos? Thanks.
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    buying in sky condos project Edmonton

    Went to the sky event today. Priced from 300k to 1million. How would one figure out if the high end rental market is in better shape then rental demand at the average prices?
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