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Updated about 4 years ago on . Most recent reply

Bobby Chhabra's profile image
Bobby Chhabra's profile image
Bobby Chhabra
  • New to Real Estate
  • from Brampton ON
  • Member since Dec 11, 2020
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17
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3
Votes
Bobby Chhabra's profile image
Bobby Chhabra's profile image
Bobby Chhabra
  • New to Real Estate
  • from Brampton ON
  • Member since Dec 11, 2020
Connect
Bobby Chhabra
  • New to Real Estate
  • Brampton ON
3
Votes |
17
Posts
Canadian Real Estate

Triumphs and Mistakes of 2020

Bobby Chhabra
  • New to Real Estate
  • Brampton ON
Posted

Hi BP community, Happy new year to all of you! 

I am a newbie REI from Ontario, Canada. I see a lot of experienced Canadian Real Estate investors in the forum. I would love to learn from your collective experience and would like to know about your biggest Triumphs and mistakes of 2020. What actions are you very proud of and what could you have done better?

I am sure all newbies will benefit from it. Thanks

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Chris A.'s profile image
Chris A.'s profile image
Chris A.
  • Investor
  • from Orillia, ON
  • Member since Nov 17, 2020
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Chris A.'s profile image
Chris A.'s profile image
Chris A.
  • Investor
  • from Orillia, ON
  • Member since Nov 17, 2020
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Chris A.
  • Investor
  • Orillia, ON
3
Votes |
13
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Chris A.
  • Investor
  • Orillia, ON
Replied

CIBC. I'll never make that mistake again. I was told by the agent the rate was good and we could refi for free. At the time I thought yes of course I'll hold the property long term but that was an absolute rookie mistake. I'm never going to make that mistake again. 

30 year amortization variable rate mortgages all day for this guy.

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