QUOTE (JimWhitelaw @ Nov 16 2010, 07:06 PM) Depends how "quick" the deal is. Where we`ve flipped via assignment of contract, no other inspections, that was left to the ultimate buyer. If it`s a deal where we`ll actually take title, then yes, I want to know what we`re getting, even if we plan on...

QUOTE (DavidSandbrand @ Nov 16 2010, 06:17 PM) Hi Mario, I don`t want to come-off as me talking you out of the property, I just wanted to make sure you were going in with realistic numbers. If the true market rent is $2,000+, you should be find, especially since a RTO buyer will pay more each...

QUOTE (DavidSandbrand @ Nov 16 2010, 04:12 PM) Hi Mario, Thomas` method is completely valid, but I do it a bit differently; - presuming the seller doesn`t need any money now (as it sounds like in your post), there would be no initial deposit or additional deposit. While not traditional, this...

I`m a little bit confused on how to write a "contract of purchase and sale" + "agreement for sale schedule financing" in which I buy the house with AFS and the seller agrees to wait until I cash out to get his equity. Lets say numbers are: ARV: $550,000 Ask: $520,000 Loan: $480,000...

Do you guys do any diligence other than checking the title on quick turn deals. Ron doesn`t really talk about doing inspections, etc. Thank you! Mario Ferreira Vancouver

QUOTE (RussellWestcott @ Nov 4 2010, 07:47 PM) Mario welcome to the family... it was great to meet you in Toronto last weekend... you definitely have what it takes from the standpoint of taking action >> congratulations In your REIN™ welcome package, you received the ACRE™ homestudy program...

QUOTE (ThomasBeyer @ Nov 4 2010, 07:41 PM) here`s a few .. not necessarily "Top 10" but close to : in-migration job growth diversity of industries property taxes transportation improvements infrastructure investments quality of life improving income levels income growth affordability So...

Has anybody pulled comps at www.mylandcor.com? They will do CMA for a fee, so I was wondering how accurate those comps are! Mario

What criteria do you guys use select an area to call FSBOs when quick turning? Do you just pick a top 10 town? All of my good leads are coming from Surrey and Maple ridge, but I was wondering If there is a more detailed way to pick the areas such as the "ACRE" system. Thanks! Mario

QUOTE (Lyndat @ Nov 2 2010, 09:06 PM) Hello Wonderful Ontario REIN Members! Maribel and I would like to say what a great time we had at the Quick Turn Boot Camp last week in TO! The Ontario REIN members were so warm and welcoming! We were so impressed by your energy, knowledge and eagerness...

What would be the safest exit strategy in BC(in terms of default by tenant/buyer or AFS buyer)? In Ontario it takes about 2 months to get the buyer out If you sell by AFS. How would that work in BC? Thanks! Mario Ferreira

QUOTE (ThomasBeyer @ Nov 2 2010, 11:37 AM) AFS works well if there is enough spread between buy and sell price .. which is hard in BC. Quick turn works best if you can with ALL CASH as mortgages are not assumable in BC. Why would the 2nd mortgage holder take a discount ? According to her...

Hi everybody, my name is Mario and I just became a REIN member after attending Ron Legrand`s boot camp last weekend. It was very nice meeting so many great people at the event. I plan to start my investing career doing quick turn deals. Right now I have a potential short sale under contract via...

The techniques are 100% legit! In 4 days calling fsbos to bring leads to the boot camp I`ve came accross 5 potential deals. Hopefully I can get at least one under contract before I get to the workshop. And I`m 100% percent beginner! Even though I don`t have a check to show yet I feel very...

Nice story!! I can`t wait to attend Ron`s bootcamp next month and start implement the techniques in Vancouver. Good job man! Mario

Thanks a lot guys for the quick response! The techniques that I`m interested the most is getting in using taking over the debt/seller financing and exiting with either lease-to-own or seller financing. Do you think that would work well in Vancouver? Do I use the same criteria as buy and hold to...

Hello, my name is Mario, I live in Vancouver BC. I`m planning to start my investing career in real estate using quick turn techniques. I`ve been studying Ron Legrand`s techniques for a couple of months and just bought his quick turn bootcamp in toronto(october) and seller financing(February...

Anybody knows when Ron Legrand will be coming to Vancouver, BC for a boot camp?