Search results

  1. KevinMatwichuk

    Property Management Software?

    I use Buildium for my US properties and have been happy with it. Sent from my iPad using myREINspace
  2. KevinMatwichuk

    Properties for Sale - No Bank Qualifaction, Low Down Payment!!

    Yes. Private lending is normally more of a passive investment than rental real estate. The returns of rental real estate are potentially higher over the long term though. I love both but my wife and I are looking to lighten our work load so becoming more of a passive investor as a private...
  3. KevinMatwichuk

    Properties for Sale - No Bank Qualifaction, Low Down Payment!!

    We are 10 plus year Diamond REIN members looking to transition from actively managing our rental portfolio and become private lenders. Our Alberta portfolio is made up of 22 townhouses, half duplexes, and townhomes in NE Edmonton, Devon, Spruce Grove and Stony Plain. Properties are in good REIN...
  4. KevinMatwichuk

    1% rule

    I'm with you! Wishing for the shadow inventory. Bring it on so I can get some more deals!!
  5. KevinMatwichuk

    1% rule

    Yes. I'm with Rickson. I only buy properties that meet the 1.5 to 2% rule as well. Yes they are in the US (Georgia, Arizona, and Florida). My cash on cash return is between 9% and 15%. The oldest house I own is 1998. Beside the great returns I enjoy almost zero vacancy on my portfolio and best...
  6. KevinMatwichuk

    Greater Phoenix New Listings per Month: 2001 to 2011 (October)

    Thanks for the BLAST Thomas!?? As you are aware and have indicated active listings are one of the many leading indicators in any market. You are correct that the rest should be looked at. I can tell you this as a "FACT". I have a significant portfolio in the US. My portfolio is made up...
  7. KevinMatwichuk

    Greater Phoenix New Listings per Month: 2001 to 2011 (October)

    Good news and bad news. Good news if you have Phoenix properties. (which I do) Ban new if you are in acquisition mode. (which I am)
  8. KevinMatwichuk

    What`s Your Underlying Reason For Investing?

    Here is my reason for originally investing in real estate. One Life - Live It! I wanted to spend some dedicated time with my family! Seven months trapped on a boat with your family. I dare you all to give it a try. Awesome experience an a great goal to get you through the tough days...
  9. KevinMatwichuk

    Downloadable monthly meetings audio?

    I agree totally! I also think the audio downloads should be available to all REIN members regardless of if they attend the meeting or not.
  10. KevinMatwichuk

    Insurance for your Computer

    QUOTE (GaryMcGowan @ Jul 19 2010, 06:42 PM) We use a web based app called My Drop Box. It syncs and backs up files in real time. You can have many users and it also gives you access to your files anywhere on the web! Your files are stored locally on your pc/mac and on a remote server. O, and...
  11. KevinMatwichuk

    Don Campbells Estimated Networth.

    I think the more interesting question is what kind of effect has Don had on the REIN member`s net worth? Assuming that the REIN membership owns collectively in excess of $1 billion in real estate investments for every 1% real estate goes up the REIN membership`s net worth goes up by $10...
  12. KevinMatwichuk

    Trip Advisor for Real Estate Related Companies

    QUOTE (jarrettvaughan @ Mar 23 2010, 10:08 PM) I think it would be very helpful to have a "trip advisor" type system that would allow REIN Members to post companies that they have dealt with and rate them based on a number of factors. This would allow each member to view realtors, property...
  13. KevinMatwichuk

    Olympia Trust - what is your experience with this company?

    I have only good things to say about Olympia. I hold several mortgages within my RRSP with them and they make things work on autopilot.
  14. KevinMatwichuk

    Refinance or HELOC

    Be careful with HELOCS. They show up on your credit report report as do re-advancable mortgages. In my experience non-readvanceable mortgages do not. This can have a significant effect on you FICO score. Ask me how I know. If I was to do it again I would go for the Refi.
  15. KevinMatwichuk

    Tv show investigates Rich Dad Seminars..

    QUOTE (bizaro86 @ Feb 1 2010, 01:53 PM) Ray Croc died in 1984, so you`d have a heck of a time complaining to him. However, he absolutely would have responded to an issue in one of the restaurants. He cared about the brand being consistent, because otherwise it would have no value. Imagine if...
  16. KevinMatwichuk

    Tv show investigates Rich Dad Seminars..

    I have attended the 3 day Rich Dad seminar in Edmonton. Unfortunately it was almost exactly as reported by Market Place. I`m still a fan for Robert K. but I think he needs to manage is brand better. REIN ROCKS!!
  17. KevinMatwichuk

    What`s behind the curtain - What due dilligence should be done before signing up for a course?

    Dude! Easy on the Red Bull this time of day! Wasn`t trying to make a point, just passing on some topic related information that I thought might be interested to some (ie. You might be interested in watching market place this Friday). If you have been to the Rich Dad 3 day seminars I`m quite...
  18. KevinMatwichuk

    What`s behind the curtain - What due dilligence should be done before signing up for a course?

    CBC Market Place this Friday - Who`s getting rich off Rich Dad? Going to these seminars always really makes me appreciate REIN!
  19. KevinMatwichuk

    Edmonton Mastermind Group

    My wife and I would also like to be involved.