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All Forum Posts by: Christopher Laverdure

Christopher Laverdure has started 2 posts and replied 6 times.

@Scott England @Vish Iyer Thanks guys!

The market here in Canada/Quebec is pretty expensive right now as speak.

I should probably look in the USA then :-).

Thanks @Scott England @James Slaughter !

What's the minimum of ROI you guys are usually looking at for a deal?

Aaaaaah ! Now I see why haha :) @James Slaughter

Should I add the equity that's adding up each month on the mortgage in the profits when I want to figure out the ROI?

Thanks @James Slaughter!

Quick question ... I just want to make sure I understand.

If I put $7,000 down, with an operating expenses of $800.

$100 profit / month ... $1,200 / year... (that's almost 20% ROI / year) and that's without the capital being paid on the mortgage.

Not sure why it's not a great deal... do you mind giving me deeper thoughts?

Hello everybody!

I'm new here (from Canada/Quebec) and I have recently bought a brand new 2015 loft at $141,000 with $30,000 cash down. (gave them the 20% so I don't pay any fees)

It includes:

  • 2 Parkings (Outside)
  • Brand New Pool Outside
  • A Brand New Gym
  • Lounge Place To Eat Close By The Pool With An Inside Kitchen And A Few BBQs
  • 3 1/2 - 650 Square Feet - 9 Feet Ceiling
  • Locker In The Basement To Store Stuff We Don't Use
  • I Have A Balcony
  • I'm At The Last Floor (Fourth)
  • There Is An Elevator
  • Air Conditioning
  • Ceramic Shower Tiles And Glass Doors
  • Ceramic Backsplash In The Kitchen(85 Square Feet)
  • Chimney Hood

That's a total of $515/month plus the loft fees $100/month plus taxes $110/month...

In 4-5 months, they will be building a last 32 units of loft...

Price will be a little bit higher (probably around $150,000 ish)

I've talked with people and some of them rent it for $850-$900 / month with kitchen appliances (it comes with the loft when you buy a brand new one)...

Would it be worth it for me to buy another one and rent it?

If so would it still be worth it to only put 5% down?

Thanks !

Hey guys,

I own a marketing company and I hire local superstars to take a % of their business.

I recently hired a mortgage broker (we are in Canada/Quebec) and I want to attract real estate investors because obviously the commission is usually 10x bigger.

I was wondering, what kind of value can we add to their business/life so we can grow/build a ton of relationship here with local investor ?

Here are a few of our ideas so far...

  • Finding hot deals for them
  • Doing a weekly or monthly 5 @ 7 with a speaker (guru) in their niche that shares value with them
  • Blogging and vlogging to provide them more value

What else would you add or what strategy would you use?

Thanks

Christopher