There is a house near west GTA which has approximately 1.38 acres and has the potential to build 28 town homes. The property has one house which is paying $800.00 rent per month. The value is in the land only. The property can be financed with 25% down. I am interested in a JV with a builder who can build the town houses. Any leads and or guidance.
In JV partnership for over 2 million dollar commercial property we are money partner and would like to know if being a money partner we are responsible to pay for all the downpayment and closing expenses ( including creating corporation) or should we ask our expert partner for some investment from his part. Thank you so much!
Hi Thomas, We own several properties but have never joint ventured before. I believe you posted a detailed list last year of responsibilities and duties that the active partner carries out. Would you mind sharing this list with me and may be a few tips on where I could find more information on how to present win win partnerships?
Hi Thomas,
I'm new to REIN and want to learn the best way to get going. I have 7 years experience in commercial sales and leasing and am looking to get into my first building.
If you have a moment I would love to learn the best approach to take in connecting with REIN.
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Hi Thomas, I appreciate your expert advice and wanted to ask you a question about private mortgages.
- what do you think about them? - how would one start a private mortgage biz with 2 - 3 guys in the group? We wanted to start small then bring on more investors as more money is required.
Hi Thomas. I am a new member and I would like to know if you would recommend realtors that deal with multi family in Calgary and Edmonton area. Thanks!
Hi Thomas, just wanted to say I'm a new member and really enjoying your responses to other members questions! Take care...Jessica Smith from Vancouver, BC.
