All Forum Posts by: Philip Robbins

Hi @Thomas S., what is the reason for not starting with the N4 for non payment of rent? I thought those were always issued, and then if there was consistent late payment a filing based on that would be done. Was just curious for my own learning about the recommendation to by-pass the N4. Thanks very much!

Hey Eric, Ming Lim and the meet-up he and a couple of others run is amazing. Great info about Toronto markets, and all around awesome learning. Definitely get the details from him. I invest in Kitchener/Cambridge, but I've gone to his group because the info's so good.

I don't know these RE agents personally because I invest in Kitchener, but through the grapevine - Jeff Wybo (London), and various agents through Rock Star Real Estate (Hamilton and surrounding area)

Hey @John Mart, I didn't think the the city had changed the by-law to allow for laneway housing yet, but correct me if I'm wrong because I would also like to consider this option. Thanks!

Hi John,

The conversation here so far is VERY general. Canada is comprised of many many different real estate markets. It would be like saying, I want to invest in California but I hear LA is really expensive. There's cash flow to be had in any Canadian city, but depends on the property type. SFHs in Toronto will not cash flow, but the right triplex will. I'm by no means an expert, but here are a few people who are that have info available out there. For Ontario, I would listen to Erwin Szeto's podcast (The Truth About Real Estate Investing for Canadians), for Toronto condos - Andrew Lafleur's The True Condos Podcast (great all around info about the GTA markets too), and find anything you can from Don R Campbell (he is interviewed on Erwin Szeto's podcast and those episodes are fantastic). Good places to start anyway, and once you identify a market you like, seek out local area experts. Best of luck!

@Darryl Zuber what types of properties are you investing in, in KW? I have two properties in that area, but always curious to hear what others are up to and what's been working well for them. Thanks!

@Harrison Snowdon I have a couple of  single family houses in Cambridge. Had hoped to keep going with this type of property in that area, but the prices have really jumped in the past year so cash flow is tough. On the plus side the demand for these houses for renters is very high so rents are coming up. Anyway, trying to plan the next move and also looking at duplexes. Single family had suited our life style because they are extremely easy to manage if you do good tenant screening. 

Hey Harrison, welcome! Where are you considering investing, and what type of properties?

@Larry Smet, will see you tonight. I might not get there until about 6:30pm

@Steven B. fair enough. I'll give the benefit of the doubt that he was referring to a few specific people who may have caused him trouble. I just want people to be conscious of the lived experiences that some members may have (eg raised by a parent on social assistance). Thanks