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Recent content by sdurand

  1. sdurand

    Sell and replace with newer property?

    I purchased a suited property in the High Park area of Edmonton. Like that area, along with Grosvenor, etc... I also like the Capilano area just east of the river. I have been looking at turn-key suited houses, but I'm not finding much where I feel the value is there... there's always something...
  2. sdurand

    Sell and replace with newer property?

    I thought through the refi option again after I posted... The goal is to continue to build my portfolio and increase cashflow. The condo has been providing steady cashflow for the years I've owned it, but as it is getting older, I worry about the ability to rent it out compared to the...
  3. sdurand

    Doing my FIRST JV deal but one problem here...

    I have been involved in 2 JV in the last 2 years: 1. I found and negotiated the deal. I also manage the property as my partner is over 3 hours away. My partner sourced both the mortgage and the down payment. I was added to title after the purchase. We share everything 50/50 (expenses...
  4. sdurand

    Sell and replace with newer property?

    I purchased a 2-bed condo several years ago that is in a very well-managed complex. The place rents without issues, and I have had the same tenant now for over 4 years. The condo is now 12 years old. Plans for major repairs (is roof) are in about 6-7 years. Everything else is well looked after...
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