All Forum Posts by: Cody Weiss

@Ben Redden did you look for partnerships for a JV? I am the other side of the coin and could manage to qualify but need to bring 20% cash to the table and have entertained a hard money lender on a 1 year term before refinancing and paying out the lender.

Stray question, does anyone know what the conversion rate is for yellow letters ? 

What's the rental market like in Spokane ? Any main industries providing consistent employment for tenants and attracting folks off the west coast? 

I can't speak to many other cities but Calgary is in a state of cooling after oil took a tumble.  Single family properties are a challenge to crack into but most investors have been focused on secondary suites and diversifying their risk. 

Thanks 

@Cassidy Logsdon! The involved partners are looking at multiple properties, so accounting for PM for a paid expense makes perfect sense. 

As a hypothetical case, what would be your thoughts on a existing 8-plex JV? Let's say one party is looking to provide 30% of downpayment and PM the tenants for the term of the agreement well the other investor would provide the remaining 70%.

Hi All,

If you were approached to be involved in a JV, what criteria would you look for before moving forward with a deal.

Thanks!

Hi All,

I realized this thread is a year old but I want to see the interest of holding a meet-up for everyone to come together and chat about real estate.

Hi Roman, 

Plenty of resourceful folks can be found here. I am based out of Calgary, I see your from Edmonton, feel free to reach out to me.

Take care,

Hi Adam,

The South is lucrative for investing as you hear plenty of great outcomes from investors who know their local market and have a great niche.Calgary feels challenging right now given the past high of the economy and house prices but smaller cities throughout Alberta seem to be less impacted and could be further explored for opportunity. Maybe something to think about....