@Jason I don't think I could have said it better myself. Except just to make a small correction or should I point something out. All the numbers in the book I use change and they are just guidelines. I typically will move things around to get the desired outcome for myself, for my investors...

I might have something for you. Drop me an email and I will see if my client would like to sell. [email protected]

Here is a deal we just did in Hamilton, ON http://www.theversatileinvestor.com/images/deals/rushdale.pdf We got the property undervalued so we started the tenant at $269,000 for a purchase price and we used 4.5% appreciation on the year. You need to work out your own numbers and work...

Brett provides you with some good advice up front join REIN and get educated. There are many different ways to invest in RE as there are many different property types you can invest in RE. You need to find your comfort zone and figure out your niche. That includes property type but...

A copy of my latest blog I thought I would share with everyone here Rolling along in Hamilton Regular readers may recall the city of Hamilton is one of our favourite areas, with significant investment in infrastructure and new business coming to town. The proof is in the pudding in terms...

Hi Brian, George Dube and his team are the best people to speak with. They are not local to Toronto but they provide excellent tax advice and to be honest I can't think of the last time I actually went to their offices in the 7 years I have used them...

Hi Brian, I am a realtor actively working with investors in Hamilton. drop me an email and we can set up a time to speak to see if I can be of any service to you. [email protected] Regards,

Damn it where is that Like button again. congrats Brett great work.

There is no real common term with a VTB. It is what can be negotiated with the seller and I would target it to be long enough to be able to refinance the property to pay out the balance owing. The majority of VTB's I have seen are interest only. Regards,

The reason your paralegal said they do not do it is they do not understand it. What you have is a lease which is in default. Therefore the paralegal should take appropriate action on that lease. The option has no effect whatsoever on anything as by being in default of the lease they have...

I don't know that I would consider Rhodes Ave to be part of Leslieville. Although that could just be that I grew up just a little east of there and back then leslieville wasn't the trendy place it is today. Saying that Rhodes Ave between Gerard and Dundas is a very nice street runs one way...

Ahh Adam You should come take a tour with me and we can have a look at what is happening there. I think you will be pleasently surprised at the opportunity you will find there. I would be willing to sit down with you to help you through this if you would like. I honestly wish I had...

We can definitely help you out send me an email [email protected] and we can set up a time to chat. We have a number of deals in the peterborough area already and would be pleased to help you out. Regards,

Your security is the person your leasing to. I would want to know how much of a down payment they will be providing and how much above market rent they would like to pay you for having the option to purchase your property. At the end of the day all this is you have a person leasing your unit...

The only way your principal residence is tax deductible is if you use the funds from say a LOC secured on the property properly documented to purchase an investment. Were you just verifying this for me? And yes you are correct there are no capital gains on your principal residence.

Do you have a principal residence? If so you should use the cash flow from your properties to pay this mortgage off first as it is not tax deductable plus you can get the re-advancable kind of mortgage where you can then have your equity accessable to invest with monies that the interest rate...

We have had some success in condo's in that price range in Toronto. I have a client who has bought 4 in the last year and is cash flowing the properties pretty well. Area is pretty good and is improving. The biggest thing to watch out for is the condo fees some of these properties are...

Sounds like there is no system. What are you investing in? where are you investing? Chris hit it with out aiming.. Who is on your team? Why are you doing the heavy lifting an experienced real estate investment team should ease the load for you. Pick your area then post on here or go to the...

You can certify the cheque at the home branch of the person who wrote the cheque. As for contacting the person I do not know. Let us know your experience.

Exactly as Thomas has stated. A rent to own is simply a rental where your tenant has the option to purchase the property therefore until they exercise that option they are simply renters. Regards,