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  1. zarmas01

    Newbie Investor need your advice

    Thanks Greg for such detailed analysis, your numbers a bit exaggerated but makes sense and a savvy investor with an extensive real estate portfolio should definitely follow your model. For a novice investor such as myself who has only one investment property so far the numbers don't add up in...
  2. zarmas01

    Newbie Investor need your advice

    Thanks Jason, have both credit cards and auto loan and both in good standings.
  3. zarmas01

    Newbie Investor need your advice

    all three excellent points. My current investments portfolio is so small that I manage all aspects of it myself. Perhaps as get grows and becomes hard to manage I will hire someone to manage it and for bookkeeping and accounting but as of now I am fairly comfortable doing it myself. Points well...
  4. zarmas01

    Newbie Investor need your advice

    My property is worth $350000 today. My initial purchase purchase price was $265000 five years ago. I lived in it for four years and it has been year since I rented the property. It's rented for $1950 a month. I bought the property new so it's in great shape and tenants I have are great and...
  5. zarmas01

    Newbie Investor need your advice

    Thank you Sherilynn for your response and valuable advice, I know getting mortgage will be hard but not impossible. I am very persistent when it comes achieving the things I want and I sure I will get a mortgage one way or another. As for the JV, even though it's an option but I'd rather do...
  6. zarmas01

    Newbie Investor need your advice

    Thank you Greg, it wasn't bankruptcy but consumer proposal, and was due to circumstances as both my wife and I lost jobs in 2009 and were forced to into the proposal rather then risking losing everything including our house to creditors. We've both landed successful jobs and paid off our...
  7. zarmas01

    Newbie Investor need your advice

    Hi, I am new real estate investor and would appreciate your feedback/advise to my specific situation. I am 39yrs old income per year $105000 personal income per year $145000 Family (mine and spouse) Have one property that is currently being rented. Value of the property is Aprox...
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