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All Forum Posts by: Meghan Chomut

Meghan Chomut has started 13 posts and replied 80 times.

Post: Rental Property Calculator - NO DATA - why? help!

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

When I input things into the calculator for some reason the cashflow graph is showing "no data"

What have I done wrong?

Post: Is vendor take back (seller financing) dead in Canada?

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

@Roy Cleeves I’ve never used BMO.

I have a 2 unit with Scotia, a 3 unit with a credit union and my principal residence is with ManuOne.

I have an opportunity, the sellers are open to VTB. But I don’t have 20% for the typical down payment. Or with VTB is that different?

Post: Is vendor take back (seller financing) dead in Canada?

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

@Roy Cleeves

I’m interested in hearing more about this!! What institution did you use?

Post: VTB (Vendor take back Mortgage)

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

@Brandon Ramsay hey!! I’m curious if you went through with the VTB? I’m currently in the same situation. So you’re a year ahead of me :) any insight?

Post: Any investors in Canada? Especially Manitoba area...

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

@Damilola Ade 🙋🏻‍♀️ I’m in Thunder Bay, ON

Post: Renting to Intl Students in Ontario

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

my opinion: yay`

Post: New BP'er from Toronto, Canada!

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

Hey @Tanveer Mostafa! I don't think that real estate is much different across the border. There are some definite tax differences. But in terms of getting started and finding deals. I think you can follow advice from either a Canadian or American. Do you have any speciific concerns of wuestions?

Post: New BP'er from Toronto, Canada!

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

Welcome!! You're in the right place @Tanveer Mostafa :) 

I'm from Thunder Bay. Not Toronto. But Ontario!

Post: Does landlord pay for bills or tenant (gas, electric, water, garb

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

I like the idea of just adding up the utilities from the previous year, divide by 12 to get your monthly amount and then split it up equally per housemate. Then add it to the rent. It's such a pain the butt to split it up as the utility bills come in. And there's always a jerk housemate that uses WAY more water, is careless about electricity and that just causes animosity sometimes.

Post: American REI in Canada..

Meghan Chomut
Posted
  • Investor
  • Thunder Bay, ON
  • Posts 83
  • Votes 22

@Steve Ricker SMALL WORLD :)