QUOTE (ThomasBeyer @ Aug 9 2010, 11:20 AM) multi-family is an extension of many duplexes .. similar work per property .. but more money required ! the step is usually NOT: one house, then a duplex, then an apartment building .. it is usually: one house, then a 2nd, then a 3rd, then a 5th, ...

QUOTE (housingrental @ Aug 3 2010, 10:17 AM) I support lihipr`s general sentiments. In many deals a high percentage ownership from the "expert" is hard to justify - and most of the benefit provided from them can be derived from a good quality mortgage broker, realtor, and property manager. You...

Looks like this thread has taken on a life of its own! For our RTO properties we have chosen a fixed rate mortgage. This is so we can eliminate the "what ifs" for the vrm. Keeping in mind we only plan on holding the property for 2-3 years. We can forecast our monthly cash flow really well this...

No Problem, Thanks for asking. For now we are only buying in Top Ten Towns (areas) in Ontario.

QUOTE (gwasser @ Jul 28 2010, 11:48 PM) So your cash on cash should be based on Rental Income minus property taxes minus insurance minus mortgage payments divided by your down payment (and other cash paid by partners). Which is probably a lot less than 5 to 10% per year. To arrive at the...

QUOTE (gwasser @ Jul 28 2010, 06:53 PM) Why would you exclude property taxes and insurance from your expenses? Does the COC include any potential appreciation or is that added afterwards when the property is bought by the Renter/owner. We pay for property taxes, insurance. All other...

Thanks for the insight, As mentioned by Thomas, What someone wants and what is realistic needs to be discussed when having this conversation with Investors. In my conversations over the last 6 months people have mentioned they would accept anywhere from 5% to 10% COC return. It also depended...

The reasons that Adam mentioned. I know that both Oliver and Mark are Realtors.

I`m looking for some feedback here. If an investor is to invest for Cash Flow first then appreciation; what return are you looking for per year? If you invest 75k into a property what do you expect to get in return (cash flow) otherwise known as the "cash on cash return"? I have polled our...

For RTOs, there are a few on the Forum here and I have used them. Mark Loeffler www.theversitileinvestor.com Oliver Manalese www.therentbusters.ca Best of luck!

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QUOTE (ThomasBeyer @ Jul 17 2010, 12:16 AM) He MUST have a signed agreement with you AND the money in place, accessible by you, by the time you waive conditions !!!! An absolute Must. Well said Thomas and great reminder to stick with a "procedure"