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All Forum Posts by: Cory Annett

Cory Annett has started 3 posts and replied 10 times.

Post: Realtors

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

Tough question to answer only because I am a Realtor. I love those clients to stick with me and I work hard for them, even if it takes a number of offers. I do not believe all realtors get the same deals. Some Realtors simply cannot keep the deal together or have an approach that gets them different deals.

On the flip side, for an investor, having a number of realtors bringing you info on different properties can provide a different view of the same investment or maybe more intimate info on the property you want.

Post: your standards

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

to those of you who buy and hold, do you base your purchases on the market cap rate or just your personal standards.

I mean, if you are getting a property that beats the market but is only giving you a 8.5 cap does this fall in line with your criteria or do you hold strong at 10 cap even if the market is giving 8?

this is assuming the property still fits your cash flow standards and your cash ROI.

Post: Bad realtor experience, this common?

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

This Guy lost a potential client. One that is looking for multiple properties. The joke is on him.

You should try and get a buyer rep as a go to guy.

Post: Now is the perfect time to invest in the US

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

Sherri, some good ole' networking with some foreign realtors might help out as well.

Post: Mortgages for Canadians

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

1-4 units is perfect.

long term as in 30 yrs? whats the amount they want down for those long term?

Thanks for the reply Ben.

Post: Mortgages for Canadians

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

Just looking for some general info on the borrowing process in the states and with the recent issues whats the story on high ratio loans for multi-unit residential?

Thanks, Eagle

Post: starting out in canada

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

There is a lot of opportunity to invest in Winnipeg. The little time I spent there I noticed many reasonable multi unit dwellings that could provide good cash flow. The rehab market or “flips” were few and far between but a buy and hold strategy should generate some decent income.

Post: Best place to invest?

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

Edmonton is a great city. My sister lives out there and my Aunt and Uncle just recently purchased a place there. The market as I have been told, (I did some of the research for my Aunt and Uncle) has been flattening. The rate of return is still decent for Canadian cities but it is not flying like it used to be. I will try and find some numbers for you.

But then again maybe r2d246c could follow-up his post in this forum about Edmonton and the rest of Alberta.

Post: Canadian

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

thanks Flipper and Eric.

REI interests are multi unit residential. buildings that provide decent cash flow. Flipping is too much risk for my pocket book and commercial will be in the future.

Post: Canadian

Cory AnnettPosted
  • Residential Real Estate Broker
  • Posts 10
  • Votes 3

hello, I am a Canadian licenced Relator just living across the border from Buffalo. I have been Reading this site and the forums for awhile and love the information here.

Just thought i would say hello.