All Forum Posts by: Juan Coltrinari

well done, what neighbourhood? We just got a fourplex in Highland Park. Let's connect!

Have a good weekend!

Hello,

Please email me the info, thanks for doing this!

[email protected]

Juan

HELLO BP COMMUNITY,

In April 2020 I bought my first rental property in Calgary, Alberta. I own half of a duplex which is rented out to 2 diferent tenants ($2280 monthly gross rent). I got into this deal with my gf's uncle and payed $270k cash.

It is a good property and I was thinking to BRRRR it. I would like to know if there is someone using this strategy in Canada to get more insights. I read a lot about this strategy and most of the source came from people doing it in the US.

Please feel free to ad my to your contacts if you want to chat this more in detail.

Have a great 2021 !

Juan Coltrinari

thanks a lot guys! These advices  were so helpful 

Hello Guys,

I am doing some property management on the side and would love to know your procedure when a tenant leaves. Mine is the following:

- Once they inform me that they will not renew their lease I make them send me an email repeating this

-I send them a checklist of my cleaning expectations for the move-out inspection

- I post the unit in different rental websites to reduce turnover time

- I go an check all the pictures I have of that unit before they moved in to compare during the inspection

- I perform the move-out inspection and if they pass, we inform them that their security deposit will be reimbursed within the next 10

- I do not release the security deposit unless they give me a 5 star review on Google ( Just Kidding!!!)

- I assess if the unit needs any reno or upgrade

- New tenant comes in

Let me know if you would add or modify anything in this list. I am creating SOP so anyone could run my company in a future 

If there is anybody from CANADA let's chat and connect

Have a great day!

Juanito

Hey Kevin

I am from Calgary. Own a duplex and looking for a 4plex now. Windsor eh.... interesting. Would you be cool to explain why there? Is it easy to manage if you are so far from your property? 

Have a great day!

Juan