Physical portfolios how do I make one?

[Ryan Martin]

Hey everyone!

While on my investment journey I always run into people who talk heavily about a binder or "physical portfolio" on one property or multiple properties. Ive heard of them being used for mortgage brokers, outlining important information on your property. I would love to make one, however Im not fully grasping what exactly is going into this? I understand that maybe bill records such as bills payed on time may be a start, but if anyone has any idea - or has a binder themselves - my question is, what's in it? And what do bankers want to see?

Thank you very much!

[Account Closed]

@Ryan Martin

At an absolute minimum you should include the following.. and this is off the top of my head based off what I did I February 2020.

-Personal intro

-3 x full tax returns (newest to oldest)

-Employment letter

-90 days pay stubs

-3x NOA’s

-3x T4’s

-Tfsa statement up to date

-Rrsp statement up to date

-Credit card statements 90 days

- All accounts, 90 days statements

-DCR worksheet pre filled for them

-Annual mortgage statements for all properties

-Monthly revolving statements (90 days) if heloc applicable

-property tax docs

- all leases divided by property

potential property info:

- accepted offer to purchase

- agent view of listing

- city zoning map, highlight property

- city address map, highlight property

- monthly cashflow analysis

- 3x renovation quotes

- ARV comparables

- recent title

- PCDS

- all current leases with acknowledgments of values

- latest cmhc rental market report for the area

Keep things in a 3-4” binder, keep it organized with a table of contents and labelled dividers. Keep documents in the same order throughout, meaning, 99- 5th avenue comes first in each section and 22- 9th street comes second in each etc etc. The table of contents is important, don’t throw down 250 pages of docs without one. Pull your own credit and include if you’ve got a transunion or equifax membership but they will pull it also.

Good luck!