Welcome!

By registering with us, you'll be able to discuss, share and private message with other members of our community.

SignUp Now!

Search results

  1. G

    Adding Additional Properties to the Portfolio

    The quick answer > Education > Mortgage Broker who understands how to take you from 1 to 5 and possibly more. > You NEED to have partners. Partners who will provide the capital and mortgage qualifying. There are very few who can buy 30+ properties on their own. > You will need to learn...
  2. G

    Finding investment property: Me or Agent?

    Good advice here. I remember one of our first investment purchases in a new town. They funny thing is, this is the town that I live in but had never bought an investment property there before. I new the area and new the price point I wanted to work with. I defaulted to my agent and asked for...
  3. G

    Proving my wife wrong…

    A simalar app to logmein is Team Viewer Works on MAC and PC. I can use it on my iPhone and it is free. You can also host presentations (webinars) and a number other great functions.
  4. G

    Proving my wife wrong…

    Like Button : )
  5. G

    Is Your Property Just Another Commodity?

    As I said on FB, Great Read Joey! You hit all the right "nails on the head". When looking at a building ask yourself these questions. Can I add value?if so At what cost? and How long will it take to recoup the cost? Can I increase the rents after I add value? Will the Value be more...
  6. G

    Rent to Own - RTO question

    Not sure how to answer that question of the water bill. However just like Buy and Hold properties inspections are still required by property owners. Smoke alarms checked and everything else that goes along with that. Yes of course things can always happen I'm sure the same answer would apply to...
  7. G

    Joint Venture Summer Success Story

    We are delivering more than we promised to our Investors. Read the story below to see how we delivered a 32% Return. Last month we exited out of one of our buy and hold properties and gave our partners a big surprise! A surprise investors like to see. In the summer of 2009 a key Realtor...
  8. G

    Assume Mortgage

    The buyer will still have to qualify for the mortgage under the Lender's rules. The mortgage may be valued higher than the value of the property thus putting the property under water The mortgage rate may be lower or higher than today's rates The pro are as you said is Zero down. You...
  9. G

    Looking for a good mortgage broker for multiplexes.

    What size of buildings are looking at?
  10. G

    Toronto Appraiser Needed

    Is this for a personal reference on what the property is valued at? or is he looking to get new financing? If it is for financing, Lending Institutions will have a list of approved appraisers that can only be used.
  11. G

    Buying a property in Las Vegas

    The RED flag for me here is the $75 a month condo fee. This is very low. How many other units are for sale in the same complex? How many units are Bank Sales? What do the financials look like for the condo corp? Are you ready for a cash call or several? What happens if your tenants want to...
  12. G

    Looking for good FSBO sites to browse in KWC

    You will find that across the board. You need to be hitting the streets and knocking on targeted doors. This is where we have had our best success. One of the main reasons for posting on FSBO sites is because there is a strong Real Estate Market. The stronger the market the more FSBOs. Most...
  13. G

    Multi-family sign?

    Why not call a contractor that builds Pressure Teated Fences and have him build you one. With a few 4x4s or 6x6s , sonotubes, and 7-10 bags of concrete you have your sign structure.
  14. G

    Looking for help to find a Lease-to-Own Tenant/Buyer or Agreement for Sale Buyer

    If you are looking to advertise online and to our email list we may be of help. Our website www.renttobuyahome.com ranks very high in the Ontario market and we see a large amount of web traffic to our site. We have posted vacant homes for other investors before. You can contact our office...
  15. G

    Rent to Own

    I had a response very similar to Thomas's. He is dead on. Rent To Own is an investment vehicle which allows for stronger cash flow but less on the equity gain because in a sense we have already received it.
  16. G

    Rent to Own

    There are many different ways to look at the monthly cash flow and what the break down is, At the end of the day the $400 is monthly cash flow and it is not a credited to the tenant/buyer until they exercise their option. The $400 is also the equity being paid out to you every month. You...
  17. G

    Just closed on a 36 unit building in Calgary

    Well done Brett, All the best!
  18. G

    Evicting Rent-to-Own tenants

    What province is the property is the property located in? In Ontario we follow the Landlord Tenant Board's guidelines for eviction. Same rules for a RTO Tenant or Regular Tenant.
Back
Top Bottom