Likewise I was an IT consultant for a while as well. I took on fulltime employment for income stability to support my RE investing passion. The bank like to see a steady income stream. Before buying more rental prop I would suggest making sure that your current rental prop is performing just...

One of the biggest mistake earlier on in the game for me is partnerring with the wrong people and expected half half on everything including financialls and overall management of the projects. Ended up waiting around and arguing with these individuals to put in their share of time and money. To...

To Greg, Jim and Leif thanks guys`Best wishes to all!!!

Yes if you have enough (full or just for down payment) you could certainly do so via a HELOC or refinance. Interms of regulation, the bank honors this and I have done it many times. Just make sure your number still works accounting the interest paid on it. Regards Jason

Hi Gary, Congratulations! This is a wonderful story. It truly pays off buying in low and selling high! Jason

"You will be made rich in every way so that you can be generous on every occasion, and through us your generosity will result in thanksgiving to God." ~Ephesians 4:28

My greatest motivation or my WHY is to reach my at most potential and anything else that comes with it is just icing on the cake. It is definitely not just for the sake of money or just simply to be free, but to be in the position to LEAD and to SERVE others to be able to do the same. Jason

I too had an offer from Scotibank for a 3 year fixed at 2.99%. Since I don't see my self selling in the next 3 years...I am thinking of renew all my mortgages given that they are all coming due soon and refinance to take some money out to reinvest. What do you guys think of the idea? Given the...

Thanks Nik for dropping me a line` We sure do have some similarities in the way we got started in the business! My long term goal is to continue improving the efficiency and agility of my business process and management. I want to be able to run the repetitive activities of the...

Thank you Lucas for your kind words! Your comment motivates me. You are right; having the proper foundation will help me build upwards solidly, and for all the right reasons. Best wishes, Jason

Since everyone has been sharing about their successes stories in Real Estate, REIN member or not`Please allow me to celebrate and share this opportunity with you. In the past 20 years I am very lucky to be a beneficiary of the modern economic eras. Started from the dot-com boom of the 1990s...

Hi Rory, What I have been doing is the 60/40 percentage split for my up and down units that are not separately metered. So far it`s been working just fine. The main point is to make the tenants accountable by taking on one utility each. For example the upstairs take the Gas and the lover...

As a Real Estate Investor or business owner have you ever thought of improving the effectiveness and efficiency of your business process management by automating and integrating parts of your repetitive day to day REI activities? Don`t take me wrong I literally said `to automate parts` and not...

Back are the days of Prime -x.x! :-)