I`m happy to help with Hamilton anytime. These guys have been working with me for over 6 years now and they have been through Quick Start. Gary Vandervelde Real Estate Agent 905-648-4451 Royal Lepage Dean Hefford Mortgage Broker 905-741-4890 x223 Mortgage Architects Property Managment-we...

Hello, I am anticipating that I will be renting out my house in the next month or two. Sadly, I have heard many horror stories about rentals in the Evansburg/Entwistle area and want to locate responsible renters for my house. I guess my first question is is there such a thing as a responsible...

QUOTE (Vishal @ May 7 2009, 07:51 AM) Good morning. I was hoping for some advice from individuals that may have gone through this. I have a JV partner who has the capital for the downpayment but does not want to be on the mortgage or title so essentially he wants to lend me the money and have...

QUOTE (drpeprchick @ May 7 2009, 11:36 AM) OK, here goes....looking for advice, critism, recommendations etc My husband and I want to get into real estate investing east of the gta. We have owned several houses and are comfortable with the area. We have looked at 2 possible rental properties...

QUOTE (drew @ May 7 2009, 01:25 AM) Thanks Terri, What I am thinking of doing is setting up the jv with a traditional 50/50 split where I would be the re expert and do all what that entails and he would put in the downpayment on a new mortgage and be an onsite property manager. For sure we...

QUOTE (ebolaman @ May 7 2009, 11:05 AM) Can anyone recommend a good real estate agent in the tri-cities area? (preferably an REIN member that has properties of their own) I need help sorting through the noise I am generating on my own! I would recommend Bill Keay - look him up on the members...

I`m looking for easy and inexpensive ideas to improve my condo`s appraisal (for refinancing). I have already prepared a list of the comparables and will put together my own report for the appraiser with a list of features and upgrades to my home. Any other ideas?

I would have them do one bedroom first... but if it`s already painted when they move in... they pay, they paint, you chose the colour... beige beige or beige... if they do something silly, it may cost you 2 x as much if it`s dark when they move out. Also, describe how they paint trim...

Hello REIN World, Now that we have launched our latest fund and have become Limited Market Dealers, there have been a lot of questions about the Ontario Securities Commission (OSC) and why we have registered. We found that a lot of people at the past ACERS weekend were asking us a tone of...

Hello new REIN members, I just want to take a few moments to welcome all of the new REIN members who joined before or at the REIN ACERS weekend in Toronto. I have personally found that REIN is a great system and it has provided us the opportunity to purchase over 50 properties in the past 5...

QUOTE (thomasbeyer2000 @ Apr 20 2009, 09:54 AM) do they ? what is the purchase price ? what is the rent assumption ? what vacancies ? using what expenses ? go shopping for money at a mortgage broker .. 416 sq ft, 1 bedroom ground floor condo with 390 sq ft yard Purchase Price: $67,500...

I don`t have the link, just the pdf. I haven`t a clue where I found it on their site. If anyone wants it, please email me at [email protected]. QUOTE (Fortuneinvesting @ Apr 20 2009, 07:28 AM) I have both PDF sheets from CMHC, and I can`t even find where I got them. But I have them...

That`s terrible news indeed!! Oh well, this will push me to finally do a JV! Thanks for the update. QUOTE (mortgageman @ Apr 19 2009, 09:02 PM) Genworth isn`t insuring high ratio mortgages for rental properties as April 18th. Hopefully CMHC doesn`t decide to follow suit.

You can always call CMHC directly with your questions. Or if you email me at Thanks for the great help! I`ll take the word of Lee that I won`t be able to do variable without a 10% down payment. But 4% is still very good 5 year money. Up early tomorrow so off to bed now. Cheers

Well, any program that allows me to put only 5% or 10% down on a rental property is great. At some point, we all hit a wall with down-payment money. The premium is included in the mortgage so my out-of-pocket expenses are really very little. Of course, it still has to cash-flow with 5% down...

I just went through CMHC`s rental property program and put 5% down which meant having to go with a fixed rate of 4.05% (BMO, 5yr term). If I had put 10% down, I could have gone into a variable at 3.1% with BMO. Something else I just learned - you can only use this really great CMHC rental...

Hi Brent. I recently used Home Alyze (Can anyone recommend a good Home Inspection Co. for the interior/Okanagan area of BC? Thanks Brent

Hi Gillian, I recently returned from the Vancouver ACRE Program. One big thing I learned is that it`s all about CASH-FLOW. Of course, you want the property to go up in value, so when you sell it in 5, 10, 20 years it will have made you a nice profit; however, it still is all about creating...

QUOTE (yourchoicehomes @ Apr 6 2009, 05:48 PM) We have been in the real estate game for about 7 years. We own about 10 properties all ranging in size from duplexes to one 11 suite apartment. We want to do more deals and are trying to figure out if it is better to find a Joint Venture Partner or...

QUOTE (Fortuneinvesting @ Apr 7 2009, 10:16 PM) Also what percent do you generally use for year value increase? I saw from my mortgage broker that he used 3.5%, I think that is about fair. This number will change each year... ReMax, REIN, CMHC, and a few others will post a forecast. If you...