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  1. afshinrein

    Need advice on investment into real estate

    All depense: You want short term return or long term? Short term, then get into Reno/Building and flip. It gives you your return every year. The only challenge is Watch what you buy. And long term, is rental property investment. Good Luck. Afshin
  2. afshinrein

    Lawyer in Mississauga, Ontario

    You can not go wrong with Shapiro Cho. He is very knowlegable. Real Estate and Business Lawyers, Call us 416-250-9600.
  3. afshinrein

    JV legal agreement without going on Title?

    What is the best way to do a jv without going into the mortgage with your jv? "Letter of Notice" is apparently good for only 3 months. The same for "Letter of Caution". Any idea?
  4. afshinrein

    Student Housing, is it profitable?

    Hello, Does anyone have any experience with student housing. I am thinking of getting one in Waterloo/Ontario and assign a prop. Management to it. Beside to management part of it, what anyone thinks about its potential for positive cash flow, is it a good project? Thx
  5. afshinrein

    Cash flow or Appreciation

    QUOTE (cmerino @ Nov 8 2010, 05:14 PM) BOTH!!!. it all depends on what is your situation, do you need the cash? or you have other sources of income and you are more looking to invest for the future (5-10 years). In our case for example, at the begining of our Investment carreer, our Strategic...
  6. afshinrein

    Cash flow or Appreciation

    Hi everyone, I am debating on the fact that small positive cash flow (lets say $50/month) with higher 5 years appreciation (4%/year) is better than higher positive cash flow ($400) and lower appreciation (1%/year). Which one would you take? I know it might boils down to someones investment plan...
  7. afshinrein

    ROI

    Hello, If I am collecting $1000/month rent ($12000/year) and put $0.00 capital because I use home equity loan, then what is my net ROI (my $12000/year rent - my investment cost of $3000/year)/$0 ??? my cost includes tax and HEL interest as well. Afshin
  8. afshinrein

    Should we buy condo?

    Hi, Anyone has any idea on why or why not to encourage buying a condo in GTA? The only 2 reasons I am not in favour of condo investment in GTA are: 1) Condo fee is a wast of cash flew 2) Huge inventory of condo makes it harder to rent or to sell. Any other thoughts? Afshin
  9. afshinrein

    Milton=Positive Cash Flow

    QUOTE (bizaro86 @ Jul 27 2010, 09:42 AM) I certainly never intended to be discouraging, I was responding to the bit about 50/month negative cashflow being ok, which I disagree with. I thought the comment about cancerous new construction was a bit much. Michael Ok. I heard it. I think it is...
  10. afshinrein

    Retirement strategy

    QUOTE (housingrental @ Oct 22 2010, 07:19 AM) True. But if you aren`t selling them how is he as a realtor making money off of you? The concept is easy. To have enough capital (either thru. rent or selling off) to enjoy your retirment. If you have a plan, you can have more than 5 houses. My...
  11. afshinrein

    Retirement strategy

    <H3 class="post-title entry-title">Home investment strategy 5-70-90 </H3>Strategy for comfortable retirementI call this strategy 5-70-90 technique and this is how it works. You determine your expected hypothetical deceasing age, let`s say you like to live till 90. Then you like to retire by the...
  12. afshinrein

    Milton=Positive Cash Flow

    QUOTE (bizaro86 @ Jul 26 2010, 07:37 AM) Taking negative cashflow on those 1 or 2 properties will reduce an investors actually cash available for invetment (due to paying the negative cashflow) but more importantly than that it will impact the TDS, making it more and more difficult to qualify...
  13. afshinrein

    Milton=Positive Cash Flow

    QUOTE (housingrental @ Jul 25 2010, 06:33 PM) Hi Afshin This seems like an odd topic to post. Why did you decide to write this post? What do you think will happen to those investors in 2 years when their $50 positive cash flow currently if variable rate mortgages double? Isn`t the most likely...
  14. afshinrein

    Milton=Positive Cash Flow

    Hello, Last month I purchased 3 properties for my investors and I rented them for positive cash flow within two weeks. The fact is that the properties are fairly inexpensive and with a 35 years amortization and variable rate mortgage my investors are making $50 to $250 cash flow. I know we had...
  15. afshinrein

    Multiplex Due Diligence

    I am about to buy a multiplex (20plex) in K-W-C. Any suggestion, Due Diligence I should do?
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