All Forum Posts by: Nino Novak

Hi @Mason Hickman, yes that’s what I meant if it got listed or appraised would come in 725-750 as is. With cosmetic work I could see it come in lower end of arv

What’s attractive is if one did a triplex conversion, 330-400k is the price per door in the area

Hi everyone,

Wanted to get some recommendations on what I should ask as a wholesale fee for this property I’ll have under contract soon. Here are some details

Prime location in an great-hot market / residential property being used as a student rental currently. zoning has many opportunities multiple dwelling and commercial. purchase price 590k ARV could be 875- 1 mil depending on which strategy taken could be slightly more. Property as it stands is worth low 700's

On the fence on taking it on my self but wanted to see what a seasonal wholesaler would charge for something like this

Hi @Brent Coombs that would mean I’d be selling my property in order to free up the cash. I was surprised to hear my only option was private lenders, I even tried to get into a owner occupied property

From my understanding they mostly look at the property. But not sure maybe someone else could comment on that

Hello everyone,

I’m also looking to invest in Czech Republic . Currently live out in brno, would love to connect and chat about the market. Interested to hear what strategies are currently best here

Hello everyone,

Anyone on here living in Ontario and investing outside of the province?, Edmonton? Saskatoon?

@Meghan Chomut

Hello Meghan, do you know what builder this is?

Thanks everyone I appreciate all the input

@Andrew Syrios makes sense I see what you’re saying about the closing costs and all that. I definitely want to use the equity I have in the condo to buy another investment property sooner then later

Hello everyone,

Wanted to get some inputs on what would you do if you were in my position. Couple years ago I bought a pre construction condo and have it rented out I made good equity on it and the market appreciation in the area is strong it’s in ( Grimsby, Ontario) not sure if many will know where this is in Canada but it’s in the Niagara region. as for the rent part I’m pretty much breaking even on it. although the appreciation on it would be great i feel like I could be investing my money better maybe purchasing a Duplex or triplex using the brrrr strategy?

I could refinance the condo since I have good equity in there already but not sure how that would look when I’m not cash flowing through it. Also being self employed during these times we’re in I think it wouldn’t be easy maybe I’m wrong

Any input would be much appreciated

Thanks!