QUOTE (bizaro86 @ Oct 20 2010, 01:53 PM) Flyertalk is an online community for business travellers, and (as with the REIN forums, and most forums) doesn`t allow advertising. I didn`t see your post, so I`m not sure what you put. One way to accomplish your goal might be to go to the "other...

I tried Flyertalk but my post was deleted for not being "inside their guidelines". Thanks Lizzie for your suggestion as well.

Thanks for the info, Michael. I`ll check that out!

Hi all! I have a condo right across from Toronto Island Airport and would like to find a business traveler to rent to. It`s on 2 streetcar lines and very close to where the taxis que up. It would be ideal for people coming in and out of the city. I`ve already approached Porter Air (currently...

...and I walked away from the deal. I might be new at this but that doesn`t mean I`m gonna settle for just any building. Looking at the numbers on this, I would be on a treadmill for years IF everything went perfectly....and that never happens. Thanks everyone for the input...and Mr...

Ok... Now the $100 net per door per month number, Greg, are you arriving at that as strictly cashflow or are you also using the principal paid as well in that equation? I think you mentioned somewhere that you do your own property managing...I can`t at the moment so I would have to factor that...

Ooops! Quick correction! The 5 year fixed mortgage rate is 3.89% not 4.89%.

Hmmm...ok. Let me add more info to the equation... 12 units - 11 1bdrm 1 bach. Offering price: $631250 Annual revenue: $82434 (includes rent, coin-op laundry,parking and vacancy) Annual operating expenses: $44012 (including city taxes $18275 and insurance $1500 as well as gas heat, hydro...

Sure thing! Here`s a quick rundown on the numbers... Offering price: $631250 Annual revenue: $82434 Annual operating expenses: $44012 (including city taxes $18275 and insurance $1500) Financing: $23963 Right now, at the end of the year it cashflows just over $8700. Sooo...what can I expect...

Hi everyone! Well, I`m in the thick of negotiating my first multi-unit and it`s knives out for the dreamkillers around here. They`re telling me that city taxes and a new assessment will chew up any cashflow and I`ll wind up paying out of pocket every month instead. This property is assessed...

I`m interested in hearing any feedback, too. Thanks for the input, Tim!