It's nice to get a Fire retrofit compliance so you can be sell or take equity out ready. Here in Ontario the banks want that piece of paper and purchasers fell better that it was Fire inspected.

Respect, Appreciate & Contribute to YOURSELF and OTHERS.

Imagine, Believe & Achieve;-)

Hello I am a REIN MEMBER and live in Sudbury! I am looking for JV. You can email me at [email protected]

Is this a good location. I would hate for you to lose your property. Can you use it as a student rental. Maby call a property manager and see if they can be creative for you. If you do renos and then apply for an increase above the guide line. Can you do a rent to own... Thus evicting the tenant...

Ok! Perfect! Thanks again!

Thank you Thomas, makes sense. I think I will go with 50% in let's say Sudbury and 80% in booming towns! Like Calgary.

Hello! I'm looking to find a good balance for financing between the mortgage value and the building appraisal value to hold on investment property to minimize the risk. (Even to take equity out). I'm trying to see if Real Estate Investors have a "RULE OF THUMB" on the right leverage ratio...

DA Kurt has treated me very well.

contact : [email protected]

Where in Sudbury do you want to invest your money. Do you have a realtor? Reason I'm asking is this is the area I invest in and I do have contacts they specialize in business loans. Let me know if intrested then I can give you some leads to get you started here in Sudbury.

What type of strategy are you looking for? Buy hold, buy flip hold or rent. Do you work full time what is your brother doing and what is your job? Have it in writing and both agree on it. When the things get hard who can stay the plan. I have buy old multy plexs that cashflows. Then when a...

I have done 2 loans for a 4- plex and tri-plex. The structure was under a promissory note. 6 % intrest for 5 year term, amortized for 6 years 8 months so I can pay them faster. There are thousands of ways to structure the deal. I have a good track record. And they are getting good intrest and...

What do you mean almost sure???!

I did the ACRE Program in Toronto in spring 2008 and it was fantastic. I attended the course and every one wants you to succeed. I felt no pressure to sign up for anything. REIN wants you to be successful. Now I also attended the Rich Dad last September and felt the opposite. They made me...

I would go with your option 2. It give you piece of mind due to low intreats rate and locked in. The first year I started I learnt that I underestimated the repairs and maintenance and to give myself an exit strategy. 5% R/M was not enough. It depends on the building. And exit strategy of having...

this is a great idea thanks so much for putting it together I predict 1-A 2-A 3-B 4-D 5-B 6-C Happy New Year

Did you mention that you had property in Sudbury. Are these the little pockets that you mean. The printing of money will bring the Financial House of Cards. So if in Ontario is it better to sell and buy tangible assets like silver and wait for the sale price on RE.

some extra humour see the video to give a short lesson on the EU dept fix http://www.zerohedge.com/news/xtranormal-explains-european-non-bailout-best-cartoon

How many units? I did a 5 plex in Sudbury and got a grant from federal and provincial. Make sure that your mailing adress is corect. They sent the check to the unit that I did renos. I talked to 3 different contractors who did the Eco energy audit. 2 did not do multiplexes so shop around. Good...