All Forum Posts by: Kevan Baum

Market changes all the time.  Presently I'm buying condos in Edmonton.  Single family in Sask and multis in rural Alberta and Sask.  All cash flow strongly and should appreciate a lot in the coming few years with the flood of people moving to AB and SK.

I'm currently looking for a partner who would like to purchase a few condos in Edmonton.  I currently own several and know the city and market very well.  Downpayments are small there between 14k and 20k, with strong cashflow or 300-500 per door.  Just message if interested.

Thanks so much for the responses. It's much appreciated!

Hello. I'm a Canadian investor and was wondering if anyone is aware of companies or investors offering Turnkey Airbnbs in Kissimmee area? I have never done airbnb investing or US investing, so both segment and market are new to me. I have a few single family and small multifamily properties in Canada.

Thanks Grant, appreciate the feedback and answer.  We do have one credit union here in Canada and I haven't tried them yet.  I'll do that.

Hello everyone. I'm struggling to find a mortgage lender for inexpensive properties. I'm wanting to buy several single family houses in a neighboring province (Canada) and several lenders have now told me they have a 100k minimum mortgage amount. In my area every residence is well above that, so this is my first time running into this.

I have enough cash to buy 2 of these 25-40K houses, but I'd like to keep some reserves and future down-payment funds. Anyone know of lenders who finance these smaller mortgages?

I'm in Canada, but I would say 80 percent of my business in both rentals and cleaning comes from marketplace. I also like that I can see the basics of someone who is messaging me. 

As an example there was a person who messaged me who had a profile picture of them blowing meth clouds. Those are sometimes things that don't show up in a credit report....haha

Hello everyone. I'm wondering what avenue most investors have used to have greater influence in a negotiation.  Do you typically find the listing agent helps you negotiate more when they will get both sides of a commission or that having someone solely represent your interests gives you better leverage when you make an offer?

I am planning to buy 2 new properties soon and am debating whether to call the listing agent or select my own agent to represent me. Thanks so much!

For me a fridge, a washer, dryer and oven are always replaced or fixed immediately in a rental. I think dishwashers are less urgent. 

It sounds like your tenant is more than reasonable and I don't see why her moving out would have any impact on you fixing the basics of life for her. Buying ice is not a valid solution. Buying a used refrigerator is and then you've got a spare if the old one can be fixed.

I'd have a lawyer send a letter of notice. It costs almost nothing. In the letter state your intent to recover the funds outside of a court proceeding, but state you will proceed in court if a settlement is not reached. I'm Canadian, not American so I'm not sure that process is exactly the same, but that's how I would handle it. Your court costs will probably be more than half the amount he owes you, so anything over 50% of the lease would probably be your best outcome.