All Forum Posts by: Account Closed

@Vin Gupta

The book is all that great actually. And no offence, but it’s probably... $20 Pounds equivalent? Even if it’s the worst thing you ever buy,.. it’s $20 this is a no brainer.

Read the book, then read 97 Tip and Real Estate Cycle by him as well. They’re likely $10 on kindle..

@Padric Lynch

I think you missed the point of my marriage counselling brother.

@Padric Lynch

Keep in mind in a LOT of jurisdictions you CAN legally marry your first cousin and reproduce like rabbits. ... so often “can I?” isn’t question you should be asking.

@Justin Knighten

Hire out the chemical treatment unless you’re fond of having folks complain about itchy naughty bits. If you’re talking cold as in Canada cold, you need eyes on it regularly. One breaker trip/ code that stops the heater will end up one large ice cube worth $0 in about... 12-24 hours temperature depending where I’m at!

Ask me how I know.

@Faisal Sabastawi

UofA is a fabulous school for quite a few disciplines. My picture is still on the wall there somewhere. Amazing town, being there during the last Cup run was absolutely magical. Make the most of your experience, join clubs/ groups out of your comfort zone, it will pay dividends the rest of your life!

@Alec P.

Leave 12 filters there with the month written on them. Learn about scheduling in your email provider system. Schedule a reminder email to send you a pic of the new filter installed. Cc yourself on your emails. Do not open the cc. 3 days later Gmail will pop a reminder in red that you’ve not responded to this email, if you still haven’t got the picture requested now you u have to contact them and remind them.

Schedule an email for quarterly or bi annual inspections. Include a link to your booking system such as calendly or square etc. Cc yourself. Your phone will bing bong when they book the inspection. Gmail will remind you if they haven’t booked a few days later. At that point, you have to do some work and contact them.

Work hard at being lazy. Leverage technology. You seem to be making the job of property management far more time intensive than it needs to be.

@Faisal Sabastawi

Get a job now that gives you a t4 and hold it for at least 2 years. Even if it’s part time currently, it’ll help you qualify when the time comes. And be aware, if you graduated Uni and right away quit that job to start your “career” job,.. that’ll work against you for qualifying as lenders will prefer to see 2+ years at current employment. So even if you keep the part time job (work casual hits)and add on your career job you’ll be better off.

Focus on learning for the next 24 -48 months, and make sure when the day comes that you are ready to buy you’ll have no problem qualifying.

Read Don Campbell Real estate Investing In Canada 2.0 and 97 Tips for Canadian real Estate Investors. Follow that with his book on the Canadian real estate cycle.

And don’t pay anyone any money to teach you anything (I’m talking $0.00) until you have completed the above. Anyone who says they can show you exactly what to do without investigating your individual situation is quite likely making far more money off fleecing new folks than their own real estate investment.

There are an infinite number of ways to be successful in real estate, but no two paths are the same. Learn learn learn and plot your own course. Develop your end game goals, thoroughly.

@Melanie Dupuis

Hi Mel, I said absolutely nothing about doing it on his own without education (paid or otherwise).

@Charles Gaucher

It is not illegal to send someone a bill. It may be unenforceable but it is not illegal. Find your shredding machine and handle it that way. And most importantly, hire better. Real estate is a playground with expensive lessons so either get good and educated or get out your check book.

@Sunil Garg

Beware anyone who offers to solve all your problems (esp for a fee) before even asking what you’re short and more importantly long term goals are. It’s classless. And generally it happens when investors realize their cashflow is trash because their numbers were fiction to start with and then they branch out into “education” because in that space, there is only one number that counts and it’s “how many can we stuff into a room (these days zoom call) all at once with ~$3k room on their cc”.