I haven`t heard of the book, but do know that in our model there is nothing in it when we sell the property to the tenant/buyer. There is no need for an negotiation on price as that was decided at the beginning and there is certainly no need to get real estate agent help with the purchase...

QUOTE (Millions @ Jan 4 2008, 11:56 PM) Hi All, I bought my first condo last April but didnt really take into account that 2 bedrooms might not fetch me the rent I need to keep it going. The condo is in Kilarney. It`s 2 bed, 1 bath, underground heated parking, secured building. Its very nice...

QUOTE (BobHudson @ Jan 4 2008, 09:58 PM) Vanessa and her husband Sean are amazing. I have also had solid experience with Guy Lew. All are REIN members and all have links at the right hand side of my real estate blog: http://lease2ownbob.blogspot.com/ ... and none have ever tried to sell me...

QUOTE (wwds @ Jan 4 2008, 07:31 PM) Hi Todor, I have worked with a mortgage broker by the name of Vanessa Russel. I found the entire transaction for me was handled in a very professional, smooth and stress free manner. Here`s her contact information http://www.yourmortgageplanners.com/ As an...

Thanks to all of the volunteer real estate investment speakers. I will be in touch with you as I finalize the details of our November 2008 real estate investing cruise event. For anyone interested, keep an eye on my blog at http://lease2ownbob.blogspot.com/ and search for Label - "cruise" if...

QUOTE (navaz @ Dec 23 2007, 04:46 PM) Take a long term approach and start building a credit rating in the US and get a US tax ID nubmer. To build a credit rating -borrow money secured by cash in the bank from a US bank - or try to get a credit card and pay them off quickly It makes sense to...

QUOTE (bstallings @ Dec 22 2007, 03:06 PM) I am looking for good, easy to work with, minimum money down, cross border Canadian mortgage lenders for US single family and condo investment properties. Though I have not tried to use them, RBC has cross border mortgages under its RBC Centura Brand...

QUOTE (kanabel @ Dec 21 2007, 09:25 PM) In my conversation with Equifax, I was told that if there was multiple inquiries for "mortgage shopping", for example, within 2 weeks that is accounted as one inquiry. However, only THEY know what they are doing I guess. Don`t forget that if they let you...

QUOTE (navaz @ Dec 21 2007, 09:30 AM) Thinking of warm sunshine as I had to cancel my trip to warm Cozumel- but here is a tax angle to itUnder the income tax act, all expenses that are reasonable and necessary to earn income are tax deductible. Seminars and conferences at Vacation spots are on...

QUOTE (KenReynolds @ Dec 20 2007, 10:54 AM) Hi Bob (et. al.) You might want to dig a little deeper into the "6 months in Canada and 6 months south" idea. I have heard from sources that I trust that it is an incorrect assumption that we are okay to be 6 months in and 6 months out of the USA...

QUOTE (thejules @ Dec 20 2007, 06:13 AM) Hey Bob, Doing a presentation on a cruise to the Bahamas!?! Are you kidding me! I would be in. But what`s this all about? And how is it that you have a bunch of Real Estate People on a cruise. I gotta tell you, I may not be very effective in the warm...

I am looking to get some cross Canada real estate investing experts to share their expertise on a cruise from Miami to Bahamas November 21-24, 2008. Topics of interest will include: investment strategies, local real estate market knowledge, financing, legal, property management, tenant...

My wife and I bought a property last week in Arizona. It will become the "6 months in Canada, 6 months south" part of our Belize. Before we left for the U.S. I went onto amazon.ca and bought a book titled: "The Canadian Snowbird in America" by Terry F. Ricthie. It provides superb explanations...

Many of our JV partners have asked if they can have some up earlier profits from our 2- and 3- year lease option deals. My response has been that as soon as I can build a sufficient reserve in the project bank account, then I will look at early distribution of profits. I also warned them that...

My lawyer - as with everyone on my team - is a real estate investor. He understands real estate investing very well and he has an amazing team of support staff. They have capably looked after my past dozen real estate deals. His office is in Oakville and his name is Bob Rose. Contact info: Bob...

I hit the "it depends" in spades! My accountant, who is a real estate investor, proposed two incorporated companies - a holding company for my wife that would own all the property and deal with the banks; and an operational property management company for me that would deal with tenants and...

I have bought nine properties in Brampton in the last year and a half with my partner, Thomas Wong. Send me an e-mail to: [email protected] or call me over the weekend at (905) 399-0601 and let me know how I can help you.

Our lawyer reviewed the "JV Agreement" document that we use and deemed it to be a "partnership". We also consider it a "partnership" for accounting purposes. I can`t say I understand the nuances but I am OK with the partnership document. (It still says JV Agreement on the first page!)...

Grant Avenue??? Now there`s a great place for a Halloween visit. My wife and I looked at 4 Grant, a 9 unit building back in January 2005 asking $255,000. It looked good from the street, but inside... We ran, and fast. Glad to here that the Grant landlords are making a difference. Maybe not...

I opened up a hydro and water bill for my 4 plex in Hamilton and am quite shocked at the amounts. It seems that the water bill for the past 2 months has jumped from 1.7 cubic metres a day last year to 8.66 cubic metres. My water and sewer charge for 2 months (Aug/Sep) is almost $1,000! I have...