You have a $60,000 spread between debt and value so why not simply sell it? I don't see a problem. Why would you hand it back?

I wouldn't offer more to the listing agent, offer it to the buyers agent...

I just used Edmonton Concrete Cutters Stas 587- 990-9320 Not cheap $600 per

As an added comment to all of you who are depositing multiple cheques into multiple accounts - WHY??? Here's an idea that I've used successfully for many years. Have one main account for all rent deposits basically your property management account. Use EFT (Electronic Funds Transfer)...

Hello, I'm working with a builder client who just bought a property in Richie and is looking for more. Please call me directly or email me through the forum or [email protected] Thank-you

Yes one should be careful when making opinions when not informed by ones own indepth practical experience. Speak to those members who are making efforts with great success. I for one have bought over 100 house directly from home owners who called me with an interest in selling. I've never...

Maybe shoot David Sandbrand your question He's pretty knowledgable on this sort of thing

The money they give to hold the property should get written up as the first months rent which is non-refundable whereas the damage deposit is.... and they can't take possession (ie get the key) until they pay the security deposit by the first. How long do you wait? Bit of a tricky question. I...

The bank doesn't pay the lawyer you do. No additional fees to the bank. Not sure on a multi but with single family homes this is the case.

Having registered many company and domain names over the years I'm wondering if what she had was a domain name or a company name because there is a big difference. Having a website does not imply it is a company name.

Find out how much the seller needs to pay off his little loan. Get under contract on an Agreement for Sale to buy. Sell to existing tenants with a modest option payment, supplement it a little if you need to - use their down to you and a little cash to pay the seller what he needs to pay off...

PS..... PLEASE NOTE: ForeclosuresCanada.com (My old site) is no longer operating and no I do not know of any list companies to reccomend nor do I have anything to do with foreclosures anymore so please don't ask. I may take a run at a MLS listed foreclosure for a client now and then...

Hello, As the founder & owner of ForeclosuresCanada.com I have bought a lot of properties out of foreclosure..... Important Note: This was done while dealing directly with the owner not through a realtor or properties that were listed for sale on the MLS as a judicial sale or otherwise...

If its a single family home that has been suited you probably can't have another meter installed. Most senior REIN members I know, myself included, don't rent out suites to people on seperate leases. We take what would be the gross rent as if we had rented to two seperate parties reduce it by...

FYI The program is called "Deal Ready Documents"

Is this what you're looking for? I use this as a coffee shop agreement, that my lender signs, then my lawyer will use it to draw up a formal mortgage agreement. Let me know if the doc doesn't load. Attached files Commitment Letter Blank.doc (38 KB)Â

Hi Barry, I'm glad to see that this program is doing well and that so many people are benefitting from it. If DS can learn a thing or two from it then anybody can. You're absolutly right that some of the techniques are advanced but the way you explain it makes it very easy to understand. I...

Hello, I am a successful, professional, award winning investor who, has a good sense of humor and isn`t too full of himself, and has recently become a licensed realtor in order to assist other investors and home owners with their real estate and investment needs. I am looking for a fully...

Good thing we don't buy "Canadian Homes".

QUOTE (Luke_Frerichs @ Nov 13 2010, 01:43 PM) Thanks David, Fantastic Advice. I can see now why assigning it is much better Cheers Luke Having done quite a few quick turn deals over the years I have grown to prefer a simultaneous close over an assignment for the very reasons you mentioned ie...