Queen Mary Park

[kennicoll]

we have just closed on our 6th condo .the latest is located in queen mary park cheers ken

 

[Thomas Beyer]

QUOTE (kennicoll @ Nov 3 2008, 04:31 PM) we have just closed on our 6th condo .the latest is located in queen mary park cheers ken
what did you pay ? what type ? what is the rent ? upgraded or simple ? rental pooled or not ?

 

[ChrisDavies]

QUOTE (kennicoll @ Nov 3 2008, 03:31 PM) we have just closed on our 6th condo .the latest is located in queen mary park cheers ken

Congrats Ken! Six is a great achievement.

 

[kennicoll]

QUOTE (ChrisDavies @ Nov 3 2008, 08:26 PM) Congrats Ken! Six is a great achievement.

thanks chris cheers ken

 

[DonCampbell]

Congratulations!

I trust you followed all of the steps of the system....

 

[Thomas Beyer]

QUOTE (kennicoll @ Nov 3 2008, 04:31 PM) we have just closed on our 6th condo .the latest is located in queen mary park cheers ken
I hope you did not overpay .. as QMP is improving but still "trashy" .. what did you pay ?

 

[kennicoll]

QUOTE (thomasbeyer2000 @ Nov 14 2008, 11:14 AM) I hope you did not overpay .. as QMP is improving but still "trashy" .. what did you pay ?

bought a fully renovated condo below the banks appraisal cheers ken

 

[invst4profit]

Bank appraisal doesn`t mean much. How does price compare with market rent. What are your numbers for cash flow.

 

[kennicoll]

QUOTE (invst4profit @ Nov 14 2008, 02:58 PM) Bank appraisal doesn`t mean much. How does price compare with market rent. What are your numbers for cash flow.


rent equal to 8.25 of purchase price 1.13 dcr