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Recent content by ottawaman

  1. O

    real estate investing or buying a franchise?

    Michael, Doug, and Gary Thanks very much for the advices. Yes I agree that buying a franchise is like buying you a job and that many money can be made on real estate. I'm 34, and currently own my home (mortgage free), and have 3 rental properties, all located in Ottawa. Although...
  2. O

    real estate investing or buying a franchise?

    Hi Mike, good question! I would say its a lucrative investment since I live in an area in Ottawa, where the houses are booming and walmart is putting up a gigantic superstore. Thats where I plan to place the "franchise"
  3. O

    real estate investing or buying a franchise?

    Thank you all very much for the insights. Putting up a Tim Hortons franchise has been one of my dreams but I do know its a lot of work. Investing that money in real estate is also a priority but I think that Ottawa (although a very stable and nice city) would not give me a good ROI for my...
  4. O

    real estate investing or buying a franchise?

    Hello again everyone. I recently made a trip to the bank and came out with a possible 700k loan for a mortgage (new house). Seriously, for 700K, I can buy a Tim Hortons franchise or any other business franchises. I am now torn between using this money for a new house (or anything related...
  5. O

    Newbie Question --When to advertise your rental place

    thank you all for the advices
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    Newbie Question --When to advertise your rental place

    thanks Alvaro for this wonderful insight
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    Newbie Question --When to advertise your rental place

    Hello to all again. First, I apologize for this very newbie real estate investor question but I just want to know what your thoughts are and if this question was already asked, please let me know the link(s) to it. Although I have several rental properties, 3 to be exact, I acquired these...
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    Would you invest in a waterfront and land lot....

    Thank you all for making my decision easier. I have decided to let go of this opportunity and maybe pursue a new one. I decided not to invest simply because: 1. I didnt see any present/future plans for this lot, no timeline of the end result, no cash-flow analysis goal for year x to...
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    Would you invest in a waterfront and land lot....

    Thank you for the insights Brett and Thomas.
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    Would you invest in a waterfront and land lot....

    Friends of mine, which have little to no knowledge of how the real estate investing works in Canada (other than buying their home) are planning to buy a a huge lot (say 60 acres least) with waterfront in Ontario. The objective is to develop the land and make it into something like a camping...
  11. O

    Property Analyser required simple in excel spreadsheet

    can you send the file to [email protected] appreciate it. thanks very much
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    Would you borrow from a bank or use your own money?

    Hi, I recently purchased an condo and am required to put down the 20% downpayment The bank from whom I got the 80% mortgage, offered to let me borrow the 20% from an unsecured line of credit. However, I also have the 20% downpayment in my cash savings so I pay it off. Question is, as...
  13. O

    Buying a property in Las Vegas

    Thank you all for helping me with my decision. As always past and future comments are/will be appreciated. I will personally go there this mid-June and see the property myself.
  14. O

    Buying a property in Las Vegas

    Thank you very much for your thoughts about Las Vegas properties. As always I appreciate the insights the REIN community and its members have given to me. I have one very important question to ask and that is whether to buy the property or to pass and look for other opportunities. If...
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    Buying a property in Las Vegas

    What do you think about properties in Las Vegas this year (2011) for rental investments ? Any thoughts?
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