Hi Sherilynn! I've been one of the lucky beneficiaries of your help over the years! I'm attending this weekend, so I will be be sure to come and introduce myself and say hi!

Hello, I have a fourplex that is zoned single-family in Toronto. Therefore, because it is zoned single-family, only two suites are allowed (one main suite + one accessory suite), but four units are not. Since it used to be a single-family before it was renovated, there was (and still is)...

Thanks for your response Thomas!

Thanks Sweetzone. Appreciate the reply. I understand everything you wrote. However, I'm not sure that it answered my question directly (or maybe it did, and I'm just misunderstanding it). For the #3 Refinance scenario, it assumes that the JV partner will want to remain a 50/50 equity...

Hello, I'm putting together various potential exit strategy options for a potential JV partner. 1) Hold as is 2) Sell 2) Refinance 3) Partner Buyout 4) 3rd party buys JV partner share I'm trying to understand #3, 4, and 5 better. Looking for information to help me create the JV...

Hi Cory! Actually, I've managed to complete steps #1-3 with four properties... including the disbursement of one property, and I'm currently holding 10 doors. I would like to think that I have a pretty good track record demonstrating good performance... but just not finding that it's that easy...

Thanks for your comments Cory (and Thomas, of course!). Definitely great thoughts to consider. What you are describing sounds like a professional money finder, not an informal one. Thomas, what function do your "money finders" perform to warrant 8-10% upfront fees (of money raised) plus the...

One of the selling points I use is when speaking with potential JV partners is that I`m plugged into REIN, a wealth of knowledge and experience. Questions from a potential JV partner: How well did REIN foresee the market downturn in 2008-2009? Did the evidence indeed present itself as a...

Hi Thomas, Sorry, not sure I am misunderstanding your response, or whether I was unclear in the beginning. Allow me to restate my question: My friend doesn't have any capital to invest, nor has any credit-worthiness that he is interested in putting into the deal. If he helps me raise...

Can anyone please help me track the historical and future rent trajectory of average bachelor, 1bdrm, and 2bdrm rents in an apartment building in Edmonton? (Say in QMP as an example) I'm ramping up to do JV presentations, and given the "MF lift effect", this is a key element. Looking for the...

George Dube (REIN faculty and accountant for many REIN members, including myself) co-wrote a book with Steven Cohen (real estate lawyer) called "Legal, Tax and Accounting Strategies for the Canadian Real Estate Investor". It has a lot of the legal/tax stuff that you are looking for (and more...

Hi Lisa, I wish you were in Toronto too :) Hi 3canctheayr, It's not a water hammer issue, at least I don't believe it to be. It is not when the faucets are closed, it is when they are open (specifically the hot water). It's a retrofit 4plex. I had a technician come in a check the...

Part 3: Drain Rescue didn't come (they were on another job site), but said that if he came, he would just start cutting thru drywall to find the problem. Not exactly the approach I want to take... especially given that the kitchen is located directly behind the shower. He didn't think it...