Hello fellow REIN members, I have a motivated seller wants to sell his property in Hanna, AB. Info from seller: Market value: 105K mortgage: 95K vacant Let me know if you're interested and I'll forward you the seller contact info. Hanna

Hi fellow REIN members, I have a lead in ON that came to my website. Seller is behind 1 month mortgage. Home Style: split 4 upper levels, 2 basement levels, 1 side of semi Storeys/Floors: 6? Year built: 1976 (guess) Bedrooms: 4 Bathrooms: 1.5 Square Footage: 1600 (guess) Central Air...

Hello fellow REIN members, I almost had to evict a rent-to-own tenant and contacted a guy that usually do the eviction paperwork for me to evict tenants. However, he said he doesn't do rent-to-own eviction as it is different and more complicated and referred me to what I think is a...

Hi Quickturn graduates, I am starting this thread to gather a list of lawyers and mortgage brokers in each area of the country that would do AFS deals for us. This way, we can provide our sellers of the list of lawyers/brokers that they can use to ask questions or close the deals for us. This...

Hi Gurus,I have a situation here where the seller is willing to sell for what she owes.Fictatious number: Say her mortgage info is:400000 Mortgage balanceRBC4%Monthly PI 1902.07Amortize 30 yearsMature May 31, 2011Let`s say I want the paperwork done by April 30, 2010 and that she will be paying...

Hi everyone, It`s been a while but I finally got a option to purchase from a distress seller 30-40K under market. It`s a 1100+sf bungalow, 3up,2dn,2.5ba,double detach garage in Marlborough park. Appraised in Jan at 310,000 as is. Any suggestions of what to do next would be appreciated. My...

Hi everyone, I have been reading over some of the lease option agreements and some separate the rent from the montly credit payment and some called the whole thing rent. Also, I noticed Barry McQuire has mentioned that we should separate the lease agreement from the option agreement. 1) Is...

Hi gang, I have not done a lease to own before, but are looking to start utilizing this method as an exit strategy. I have not been able to apply Quick turn method to secure a contract to buy a property yet. However, I do have a nice home in my portfolio that I would like to do a lease to own...

Hi everyone, Does anyone have any experience with in Calgary and would like to share their experience? Thanks! Antay

Hi, I am just curious, if there is a way that we the buyer can be protected from the seller through AFS going to get a second mortgage out of the property down the road when the the property has been appreciated, without us knowing? Thanks! An Tay

Location: Calgary ARV = 298,000 recently sold comparable Asking 40,000 cash 1st mortgage 100,000 - monthly 888 PIT - behind 2 payments 2nd mortgage 80,000 - monthly 884 PIT - current 3rd mortage 29,000 - monthy 300 PI - current Needs a good cleaning Hi everyone, I am wondering what our...

Hi everyone, Russell has requested that I should outline the steps to gather the foreclosure list. In response to his request, I have thought about it long and hard. The truth is, there are real estate companies out there that are depended on this well guarded secret to survive. Their whole...

Hi everyone, I am starting this thread to see if anyone would like to share their results from their yellow letter campaign. My first yellow letter campaign sent on Monday Oct 26, 2009: 500 - names from list brokers 50 - expired list Results: 20% call back with 0% prospect as of Thursday...

Hi, In an AFS deal, there is potentially a wrap mortgage on top of an existing mortgage. The title remains on the seller`s name until the deal closes sometimes in the future. My question is, in the meantime, who pays the insurance and who pay the taxes since the title is still in the seller`s...

Hi everyone, Some responses that I receive are from very angry owners claiming that I have broken the privacy act law in Canada. Is this true or are they blowing smoke? Thanks! Antay

Hi Everyone, Does anyone own any rental properties in these areas? Does any knows if this is a good area for rentals? Are these area affected by the lumber industry? Thanks! Cheers! An Tay

Hi Everyone, I am looking for good handymen one in Red Deer and one in Lethbridge. Does anyone has any recommendation? Thanks! An Tay

Hi Everyone, I work at CNRL where we are constructing an multi-billion dollar oil sand project north of Fort Mac. We are about 80% complete. I believe that we need to lobby our MLAs to reconsider the recommendation made to the government by the Alberta Royalty Review Panel Report to increase...