Hello, I have a fourplex that is zoned single-family in Toronto. Therefore, because it is zoned single-family, only two suites are allowed (one main suite + one accessory suite), but four units are not. Since it used to be a single-family before it was renovated, there was (and still is)...

Hello, I'm putting together various potential exit strategy options for a potential JV partner. 1) Hold as is 2) Sell 2) Refinance 3) Partner Buyout 4) 3rd party buys JV partner share I'm trying to understand #3, 4, and 5 better. Looking for information to help me create the JV...

One of the selling points I use is when speaking with potential JV partners is that I`m plugged into REIN, a wealth of knowledge and experience. Questions from a potential JV partner: How well did REIN foresee the market downturn in 2008-2009? Did the evidence indeed present itself as a...

Can anyone please help me track the historical and future rent trajectory of average bachelor, 1bdrm, and 2bdrm rents in an apartment building in Edmonton? (Say in QMP as an example) I'm ramping up to do JV presentations, and given the "MF lift effect", this is a key element. Looking for the...

I have an existing property that a JV money partner is interested in. What is the typical process to JV an existing property? I've been thru the JV Secrets binder, but REIN's material doesn't seem to cover this. As I understand it: 1) Do an appraisal to determine current market value. 2)...

I'm have a problem with my fourplex (two basement units, one main floor unit, one 2nd floor unit) where I have air trapped in my water pipes. When the shower is turned on in a few of the units (particularly the hot water), the pipes sound like they are banging really hard to the point it sounds...

Situation: I have an Ontario corporation "Realco" which I have used to purchase two properties (solely in Ontario, total value of about $750k). Can I use this same corporation to purchase real estate in Alberta? When I asked George Dube this question, this was his response: From a tax...

I'm looking at raising capital in order to roll forward, but do not have a good network to achieve this. A friend (who is not experienced in real estate) is tapped into a very good network, and wants to help me raise capital. This will be his way of getting into real estate. He will get me...

I am looking to refinance two properties in my portfolio. I`ve never been thru a refinance before, so I`m looking for some expert guidance. I know I have a lot of questions, so please bear with me! Property A, downtown Toronto Type: Fourplex (I live in one of the units as my primary...

Hello everyone, I have a fourplex in downtown Toronto, and one of the apartments is becoming available, so I'm vetting prospective tenants now. One otherwise excellent tenant (a Medical Resident) wants one of the fully-furnished executive rental apartments, which I have advertised at a...