It`s funny you replied. While I was struggling with my analysis last night based on member feedback of my last analysis, I went on Prestigious Properties` website to look for alternatives, still trying to weigh things out. Smaller towns was my other thought, but I`ll need to go back to square...

Hi Brett, Actually I`m not trying to get validation on my analysis. I`m trying to improve my portfolio by adding better cash flowing properties to it. And I would like to see some real life analysis of good cash flowing properties that experts here like yourself can get his/her hands on if...

Hi all, I`d like to ask the more experienced investors here, if you were handed $60k cash now, today. You are only allowed to use it on real estate within the next 10 months, not part of a syndicate either, so you can use it to buy a town house, apartment, house, 3plex, etc. basically solely...

Hi all, I`m working on the next target and I`m wondering if the following analysis is too naive. Any feedback would help, especially negative ones. The mortgage is put as 6% as a buffer for the future. The income could probably be higher, as garage can be rented out separately but I don`t...

I`d like to, but unfortunately the admin has disabled my ability to send and receive messages! QUOTE (JoseTejera @ May 5 2009, 10:00 PM) This is a very valuable posting. Thank you Thomas / Peter !!! Keep em coming. NEPOEZ, turn your messenger ON so I can send you a personal message.

Hi folks, Thanks for all the clarification! I`m new to real estate and business so all your feed back have been very helpful and educational. Nepoez

That`s why I said it seems too good to be true. Also I don`t think accounting 101 is my real problem, it is much much more knowledge and experience that I`m lacking! That is why I`m on this forum asking the experts! So it seems if I were to do what I said, and have the company write a cheque...

I didn`t mean that the company will write a cheque to myself, but I meant the company will write a cheque to the lender. Not doable? I was getting the impression from Peter`s replies that it is doable. Now I`m confused! QUOTE (thomasbeyer2000 @ May 4 2009, 06:08 PM) it is indeed NOT true...

Hi folks, Thanks for all the input. So it seems that my original problem is solved! I have no reason to pay myself either via dividend or income, because the company can just write a large cheque when it comes time to hand over the down payment. So 1.) I can keep all my money in the...

Hi It`s not that there`s a problem with paying taxes, since I`ve been paying taxes for every dollar I`ve earned. What I don`t mind is to legally pay less if I had the choice QUOTE (thomasbeyer2000 @ May 2 2009, 06:04 PM) yes, you can lend yourself money as a shareholder loan. No taxes...

Hi Peter, Thanks for that tip. If I have not misunderstood you, then this means the lender will include the cash in the company to qualify me. How about the ownership of the property? Can the company pay for the down payment but yet I`m personally on title, and the company actually has no...

Hi Folks, Thanks for replying me. I have never deposited any amount to the business account it doesn`t owe me anything. So I guess the only legal way for me to buy a property is to pay myself dividend or salary. I cannot borrow from my company 60k just in case I cannot pay it back in time...

Hi all, I currently have an incorporated company which I use to provide software consulting. That will be where all my income is coming from. It is a one man company, just me. I plan to purchase properties under my own name. Can the company write a cheque for the down payment of my target...

I`d like to hear everyone`s opinion on this question I got from a potential JV. I think it`s a valid concern for anyone investing in RE. "How likely is it that in 5 years interest rate will be 6% or 8% while most rent prices and/or home values remain the same as today?"

Could someone explain to me why the penalty gets to become 14k? QUOTE (Guvner @ Apr 13 2009, 12:25 PM) 7 My wife and I who are both in our mid-late 20`s have a dilema and we need advice on solving. We bought our current home in November 2007 and put about $15000 into it, plus accumulated...

Hi all, I have 2 properties that got rented out at the worst times and with a 1 year lease. One ends on Sept 30th, the other on Dec 31st. So if the tenants decide to leave at the end of the lease it will be hard to find new tenants. Is there any strategy that I can shift my cycles to the...

Thanks for doing this! However, the link isn`t working! QUOTE (brentdavies @ Apr 11 2009, 12:38 PM) I posted my townhouse ad on 9 of the websites we talked about earlier (finding tenants on the internet) and here are the leaders in replies: Leading the race 1. Rentedmonton.com 2...

I curious where you are located. $240k for a 5-plex? QUOTE (Brik8 @ Mar 26 2009, 04:37 AM) Yes they are giving me 75% of value, an appraisal will need to be done in future if I want to exceed 80,000 (they are setting it up with a stopper @ 80,000, until appraisal. I was looking at getting a...

Is it true that Edmonton north east is also expecting lots of lay off and 20% rent reduction? QUOTE (thomasbeyer2000 @ Mar 24 2009, 02:02 PM) take the $1400 (or $1250 even) .. assuming tenants are good .. as rental and housing market in that area is QUITE SOFT .. many layoffs .. and upgrader...

http://www.imf.org/external/np/tr/2009/tr031109.htm