All Forum Posts by: Charlotte Adams

 Hi Peter, I'd be interested in touching base with you! My husband and I are looking at investing in the area and we will be needing both a realtor and property manager!

hi Corby.  I  could have written this post myself!! I too am scoping the area and unsure of why no one else is scooping them up!!

Hey guys,

  Im thinking of shifting my traditional checking/saving account and mortgage to a manulife one account which my broker has suggested so I can be ready to pounce on a house and properly conduct the yellow letter direct marketing offering cash when they want it.  Im just wondering if any other investors use it and enjoy the product?

Hi Lucy.  Are you still providing this? What's your area of coverage?  Looking for a flip in an hour radius of Norwood

 Hey Michael,  I too am in this stage.  I have located properties of interest and I am searching for the best possible plan of action.   Id love to hear your method if you wouldnt mind!

thank you Chris!!! I seriously appreciate your thoughts. Finding something in our budget is tough...the mortgage broker can approve us for about $275,000 so rehab and purchase.  Slim pickings!!

Hi all. 

   Husband and I are thinking of moving on this deal but if course being a newbie  we are hesitating.   Doesn't help that we have a child arriving in less than 2 months but....hesitating none the less. 

Here is a link. http://agents.royallepage.ca/debralynncurrier/listings/listings/on/belleville/90-gordon-street?listingId=7578564

     We are wondering if anyone would care to share their thoughts. Would you go for It? 

    Our plan is to purchase, completely renovate and make a legal duplex, hold and rent. We are from out of town so we would e hiring a property manager,$175 monthly.  We are experienced with home renos and aside from rough in plumbing(if needed), major electrical upgrades and drywall (out of utter distaste for it) we will be accomplishing all renovations and upgrades ourselves. 

   Being conservative we can get $2000 gross rent, although the property manager said likely more. 

   We would be refinancing our current rental property to pay for the down payment and renovations.

  What do you think? What calculations would you be running?

 Thanks in advance 

Amazing find. Was it listed on mls? Or did you find it another way?

 Peterborough Ontario?? Coolio! Thats where our solid duplex is! What did you buy Justin?

Its true.  I guess i was just making sure I dont miss anything.   Roy you have the knowledge I hope to possess one day!  We have been blessed with the market in Ontario so we now have to play with more  awareness and caution. Plus I have to really study this new market!!

Any tips for forcing appreciation beyond paying below asking and renovations?