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Recent content by westboundventures

  1. westboundventures

    Student Housing, is it profitable?

    I don`t personally invest in Student Rentals, but my preferred niche is quite similar. I invest in carefully selected properties in Whistler, BC to rent furnished to seasonal workers and for staff accomodation. There is solid demand for this type of rental year-round if the property/location...
  2. westboundventures

    Hamilton Realtor and Rental Wanted

    I know of a suitable rental available in Hamilton as well. PM me your friend`s contact information and I will connect them. QUOTE (mflynn @ Jul 15 2010, 03:24 AM) Hi there, Your friends sound like great tenants. They will likely have a problem finding a three bedroom house for rent at a...
  3. westboundventures

    Financial analysis of a triplex - some help needed

    Yes, do the analysis as if you were buying strictly for investment purposes and not to live there. You may find that you would prefer not to live next to your tenants as Thomas has mentioned. You could always rent out the third unit and use that rent to go rent something equivalent for...
  4. westboundventures

    Washington State recreational property thoughts?

    QUOTE (magoomba @ Jun 24 2010, 04:33 PM) How does such a purchase compare with something in say Sunshine Coast or Whistler? Much thanks. I can`t comment on the viability of this kind of purchase in Washington state since I have no experience, but I can comment specifically on Whistler since I...
  5. westboundventures

    Don Campbells Estimated Networth.

    QUOTE (lilbuffet @ Jun 27 2010, 01:12 PM) So I was browsing the forums and a question came to my mind. Out of pure curiosity, does anyone have a ball park figure of what Don Campbells estimated net worth is?? Could it be 1, 2, 5, 10, 20, 30 Million? Any guesses out there? I don`t think...
  6. westboundventures

    Incorporating in Real Estate

    well written, Tom. thank you for sharing.
  7. westboundventures

    HST in BC

    QUOTE (Dan_Eisenhauer @ Jun 26 2010, 10:02 AM) Not ALL new homes, Thomas. I do not know the formula, and have been trying to find it online, without success. There is a scaled rebate. And you are correct. There was no PST on new homes, which I forgot about. But, the question was about used...
  8. westboundventures

    Ultimate Bank Application

    QUOTE (DaveL @ Jun 20 2010, 06:46 PM) Just wondering if anyone has converted the ultimate bank application that Don gives you with his book to excel? I have been trying to but I just can`t get the formating right... If you have been successful and wouldn`t mind sharing I would greatly appreciate...
  9. westboundventures

    Advice on Investing while Travelling

    QUOTE (Mvarga @ May 20 2010, 11:13 AM) Hello everyone, I was hoping to get a few different perspectives on my upcoming plans. I am intending to travel through Austrailia and Asia for a little over a year starting this January. I am really looking to invest in real estate before I leave, however...
  10. westboundventures

    RE Investing Full-time?

    QUOTE (Trizzy @ May 25 2010, 11:04 AM) The thought came to my head and I wondered - how many of you do RE investing full-time? That is, how many of you solely rely on RE investing as your primary means of income? If you choose to work a 9-5 or part-time for entertainment purposes, that is not...
  11. westboundventures

    What are you finding for properties...........

    QUOTE (invst4profit @ Nov 27 2009, 02:50 AM) Since we seem to be discussing methods of financial analysis the REIN suggested system, correct me if I'm wrong, is to seek properties having rents 1% or greater of the purchase price. This number works out to a desired rent very similar to that...
  12. westboundventures

    Quick-Turn Seller Pre-screening Tips

    QUOTE (tonypeters @ Nov 24 2009, 03:59 PM) Peter, I have taken care of this request for you. Please check your (e-mail) inbox and let me know if you have any questions? Thanks for sharing this Tony, I really appreciate it, and will be trying your scripts out on the next seller I talk with!
  13. westboundventures

    The Process of Buying

    QUOTE (Runman @ Nov 22 2009, 04:19 PM) Hi everyone, I about to start buying my first rental property and I was wondering if you guys could briefly go through the process of submitting an offer for rental property. I have to have my own broker right? Also, what do you guys think of the Halifax...
  14. westboundventures

    What are you finding for properties...........

    QUOTE (invst4profit @ Nov 24 2009, 06:10 AM) Statements regarding cash flow are of little value without knowing what bench marks are used for calculation purposes. We also must keep in mind cash flow is an estimate due to some numbers being based on future unknown events. This is the type of...
  15. westboundventures

    pleae take a a look at this deal

    QUOTE (housingrental @ Nov 23 2009, 08:20 PM) CDM = Is this deal in Windsor ? I`m also very curious to know what town this deal is in. Cap rate seems way too high for most towns unless the owner really has no idea what the building is worth or there are some major hidden problems
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