There has been some discussion at REIN meetings about retirement areas. The simple explanation is property values go up in areas with a combination of in-migration and increased incomes. Retirement areas have in-migration, but not increased incomes. Retirees live on fixed incomes, so they alone...

Congratulations! Your dreams are really big and you have gone full speed ahead. You are truly an inspiration. Thank you for sharing your story and your recognition from the Chamber of Commerce with us. Carla

Do you own other units? Are you an experienced investor? If not, I advise new investors to stay clear of any multi-plexes. They can have a very sharp learning curve. The cash-flow is appealing, but most new investors end up over their heads. A lot depends on the building. Often multis have...

In 2007, I was out in Edmonton for a REIN seminar and had a great talk with a young REIN member out there. He had just graduated from college and owned 3 semis (half-duplexes). He bought the first one with his mom and then found partners for the next two. At that time he was working on another...

We own several properties in Kitchener. Give our property manager Shari a call. She has been doing this for over 20 years and manages properties within an hour of Waterloo. We think she is great. Shari Guinta Benchmark Property Management [email protected] 519-746-3033 We have a...

We invest in K-W-C and we always use Tanya Santoro. Her husband Marco Santoro is a REIN member. They live in Cambridge and know Guelph really well. They are a dynamic team. They are big investors and they know the market exceptionally well. They are kind, creative and very generous with their...

Hi Norm, We invest in K-W-C and we always use Tanya Santoro. Her husband Marco Santoro is a REIN member. They live in Cambridge and know Brantford really well. They are a dynamic team. They are big investors and they know the market exceptionally well. They are kind, creative and very generous...

Oy! And did you read the review of "51 Success Stories" at the back of the mag? I don`t think they actually read the book. Whoever wrote the review doesn`t understand the relationship between property values and wages. It is odd that such a national magazine refuses to consult the established...

Hi Tony, Our PM is fantastic and she works in K-W-C, Woodstock, Brantford & Guelph areas. Shari Guinta Benchmark Property Management [email protected] 519-746-3033 Hope that helps.

Thank you Trudi and crew for organizing the Habitat Fundraiser. Marnie`s beautiful donated photo was so generous. What a great weekend! Cheers! Carla

I`m sure an administrator will further clarify this one, but yes, Quickstart is part of our membership. Members go for no added cost. The other information packages are extra. They are large, detailed packages and usually cost $997, but sometimes the information is fielded at REIN meeting first...

There is a condominium complex in this area where the prices are beautiful. Our friend enthusiastically placed an offer on one of the units and didn`t make it conditional on inspection because it because it looked so great. Concerned, we called our realtor to find out why the price was so low...

A good property manager will really help you along the learning curve. Since you are new to this and your PM probably has experience, let them take over as much as possible. Tell them your concerns and your goals for the property, then stand back and keep watch. Each landlord has a different...

Hi Mark, I have been teaching for a long time and I can tell you it is profoundly rewarding. It is also totally exhausting, especially in your first years. And there are many teachers who are big real estate investors. Yes, going to teachers` college will set you back a lot of coin and yes...

There are quite a few who REIN members who have great lease-to-own systems. We have had some excellent workshops at REIN meetings. I suggest you start another post about it and see who responds. Good luck.

If you attend Quickstart or join REIN you will meet a lot of investors who have a great deal of experience flipping. A lot of buy and hold investors do flips when they see the opportunities. When we first got into investing, all I wanted to do was flip houses, but after doing my homework and...

Friends of ours tried to get rid of a troubling tenant by renovating, but the tenant knew the law. Our friends had to provide accomodation for him during the renovations AND the tenant was allowed to move back into his improved unit for the same rent as before. If you choose to purchase a...

Hi Oliver, Feel free to send me a message here on REINSpace. Yes, we decided to hire a property manager the first day we viewed the property. We are so glad we did. Many renters know how to navigate the system a lot better than new landlords. I think you would be wise to start off with your...

Hi Oliver, Our first purchase was a multi-plex with challenging tenants. What a learning curve! I firmly advise all new investors to stay away from multi-plexes (duplexes and larger) because of just these issues. I have bad news for you. If you intend to evict these tenants, you have a lot of...

Hi Adam, Both the REIN meetings and Quickstart are held in large ballrooms. You will be at a table with several other people and there is time to talk and discuss, but most of the time is spent listening and taking notes ravenously. Don and the REIN team work hard to use the time to share as...