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  1. Colin Forrest

    Real Estate Mutual Fund Trust

    Hi all, If anyone is interested in alternative real estate investments here is a Chilliwack company you may want to consider. https://www.westbowcapital.com This is not a solicitation - simply a referral.
  2. Colin Forrest

    Working with a Builder

    I originally purchased vacant land in the East End of Barrie which was legally severed into two 5000 ft2 lots. I sold one part to a builder who now wants to purchase the other lot which I own. They have the construction financing arranged to begin building on their lot, but will need to get...
  3. Colin Forrest

    VTB Mortgage

    Hi All, Just an hour ago, I reached an agreement on price for a lot that I am selling. I am willing to offer a VTB for the lot. My question is this, under the proposed agreement this would be a second mortgage (I'm assuming I have a second position) if he fails. Is this normal? Any advise...
  4. Colin Forrest

    Grade 'A' tenant in need of 2 bedroom in South Surrey

    Hi all; My close friend is in need of a 1 or preferably 2 bedroom condo/townhouse to rent in South Surrey (or nearby). He is a 'A' class tenant that is currently going through a separation. He is a special ops police officer with excellent income and credit, however his budget is a bit limited...
  5. Colin Forrest

    Looking for 1-2 Bedroom to rent in South Surrey

    Hi all, My close friend is in need of a 1 or preferably 2 bedroom condo/townhouse to rent in South Surrey (or nearby). He is a 'A' class tenant that is currently going through a separation. He is a special ops police officer with excellent income and credit, however his budget is a bit limited...
  6. Colin Forrest

    RARE: Vacant Lot for Sale - East End Barrie

    I have a fabulous 5500 sq ft vacant lot in a prime East End Barrie location for sale. It is located at 2 Lakeview Crescent, Barrie, Ontario and is extremely rare to find. We have just listed the lot and are asking $350,000 for Part 2. For more information, please feel free to contact me at...
  7. Colin Forrest

    Accounting Question: Property declaration

    My mother-in-law has some property in Asia which she would like to gift to her daughter. 1) Does she need to declare this/these gift(s) of property to CRA? 2) if the property value is above 100K is there any difference if it is income producing or not. 3) What are the circumstances that foreign...
  8. Colin Forrest

    Advise sought for a possible JV with the builder of my duplex

    Hi all, I was very lucky to find a wonderful vacant and sub-divided plot of land in the highly desirable East End of Barrie, Ontario. I am preparing to build a high end duplex on each of these plots. Now that my architectural designs are complete, I have sent the drawing out to 3 interested...
  9. Colin Forrest

    RTO Question....... well kinda of a RTO

    Hi resident RTO experts, I have a question that I am hoping you can lend your expertise to. I have a rather unique situation where my long-term tenant (4 years and counting) would like to purchase our home. We’ve had preliminary discussions on the subject and it appears that the concept of...
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