QUOTE (JNB @ Sep 25 2009, 11:21 AM) Sorry for my ignorance on the topic. So please bare with me…I never did this before. I have always been buying on my own in the past 4 years and trying to learn the JV process! Given that the liabilities are based on the agreed percentage split how could you...

QUOTE (JNB @ Sep 24 2009, 07:27 PM) Being so new in the concept and trying to implement and learn more on how the 50/50 JVM works, what happen in the situation when the investment fails in the worst case scenario? For instance a disaster that the bank has taken over etc… In this case would the...

Great resource! Is it possible to print? Especially the section on "Figuring out the Split"... the 3 or 4 pages justifying the experts share in the deal.

QUOTE (GarthChapman @ Apr 20 2009, 12:35 PM) Clisk the download link in the pdf file and then select `save` and choose to save the file in your My Music or your iTunes folder. Then on your next hotsync it will be placed on your iPod. Thanks Gentlemen for walking me through this. I can open the...

i can click and get the audio file however, i can`t seem to copy the audio file over to itunes.

The problem I am having is it is being imported to iTunes as a .pdf file and not an audio file. Is there a way to convert it to an audio file?

How do I get the audio files onto an ipod from a Mac?

here is the criteria for cmhc on multi units (over 4 units). my understanding is some lenders will consider up to 6 units within the residential sandbox. http://www.cmhc-schl.gc.ca/en/hoficlincl/m...-2009_63885.pdf this will give you all the criteria cmhc requires for this type of loan. for...

What length of amortization will they do on these? I know CMHC will insure them up to 40 years, but what lenders will lend at this amortization?

QUOTE (kennicoll @ Feb 12 2009, 05:19 PM) hi Rob we purchased 3 new homes 2-3 years ago wolud we be able to qualify fir the gst rebate thanks I am not sure. i would think you could still claim it if you had all your paperwork. i would check with your accountant, or call the CRA directly.

Yes you are eligible for the GST rebate even if you are renting out the property. You must fill out form GST 524 "GST Rental Rebate Application". Since I get confused by CRA paperwork, I had our accountant fill this out for us (thanks George!). http://www.cra-arc.gc.ca/E/pbg/gf/gst524/ We...

I am currently working on a property analyzer and was wondering.... What is the excel formula to calculate principal pay-down total after x number of years. AND the formula for mortgage balance remaining after x number of years. I know how to get this from an amortization schedule but I find...

I called the REIN office today to purchase Valden Palm`s RRSP Secrets. They mentioned that a new RRSP Secrets program will be available in January. Can anyone provide any information on what the new version will contain and how it will be different than the existing program?

Thanks for the responses. I think they are very valid questions and the more knowledge and information you have for your investors the more deals you will get. Is it possible to lose title of the property to the money partner if the investor fails to meet their requirements as outlined in the...

A potential Joint Venture investor asked the question, "What are you on the hook for if things don`t work out?" After furthur discussion here were some questions. 1) If the properties expenses exceed the rents, who covers the shortfall? 2) If the property were to go into foreclosure (worst...

My lawyer mentioned a "frustrated contract". Which means since tenant # 1 is unable to live in the house due to a restraining order the contract (lease) is impossible to be honoured. any legal knowledge out there? thanks everyone for your insight. i have another tenant that would like to move...

We have 3 tenants in a townhouse together on a signed lease for one year. Tenant # 1 initiates a fist fight and puts tenant # 2 in the hospital (black eyes and bloody lip). Tenant # 2 calls the police and a restraining order is put on tenant # 1. A court date is set for late October. Since...