All Forum Posts by: Stephen Roy

Ho and i just received the ABC of Real Estate investing I'm reading it right now 

thank you

Thank you for responding so quickly to my post. (im french sorry if my terms are wrong)

Most of the time when i first call an agent i always ask for the rent rolls Tenants behavior (pay rent on time) for the last 2 years any big major repairs, capex, property management, inspection and regulation, i may be wrong one of my big worries is the foundation i'm obsess with that if there is any repairs i normally run away (maybe i'm wrong). Any leaks from the roof etc.. 

I don't know if I'm missing any good question that need answers. Or I'm just searching that thing that will make me back off from a property because I'm just scared of making the jump haha thats probably it!

anyways thank you please let me know if im missing some good points i need to address on a property either to the building or tenants.

thank you.

Hello guys,

I'm visiting a few multi-family lately and at the end of a visit i always a feeling that i miss a subject i miss a question to ask to the Agent.

What are the Overall question you guys ask to the agent?

Thank you!

Hello, @Nicholas Moffett ,

I just bought;

The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss: Written by Ken McElroy

Love it but that is just an opinion.

good luck

Hello @Chris Thigpen,

Welcome to BP, it is an honor to be the first one to welcome you.

i past a whole month before posting anything and didn't know why. BP members are very helpfull and friendly they helped me build confidance for my first deal alone.

Knowledge on this site is GOLD read, ask, learn, teach. Best website ever!

Welcome again and sorry I'm french there is probably mistakes in the few phrase

Hello BP, (sorry for my terms I'm french)

i have a little question for you guys. I got all my team together from the Agent to (notaire), I'm searching for a good and Creative Mortgage Broker in the Area of Ottawa, Canada.

so my question is, how can i find a good reliable Mortgage broker that will be straight honest with me.

Thank you,

Nice post loves it! (I’m French)

Fear, Fear of messing up, Fear of been laugh at because I have no experience, Fear of what other will think of me if I fail, I know that failure is the foundation of Success. I know that this fear is base on nothing but my own thoughts are dominating me. I'm fighting it every time I look a property.

Action is the Key for me if I stay away and look at it with fear I will never go forward and have limited success in REI. I have book my first visit tomorrow fear is every where in my mind, but I still Battle it and one day I will be ok. 100% positive on that.

I love the RUSH that it provides me!

Hello!

I just wanted to say thank you to all of you and to the people that work on this website. I've been searching for knowledge everywhere on the internet and I found BP. I Subscribe for PRO membership to have full access to all the knowledge and people on BP and support this wonderful innovation!

I'm going to visit my first multiplex this Sunday and with the help of BP members i have build confidence! Thank you again!

Stephen Roy

Thank you for the help ill get all the info sunday after the visite.

je vais vous contacter si j'ai besoin de renseignement. puis je vais surement me decider a aller PRO sur BP pour avoir acces au analyze.

merci beaucoup

@Lee L. thank you ill check more into that

@Roy N.  where can I search for Rent in the neighbourhood hood and what is capex im French sorry

Here is the property link; i don't know if I’m allowed but whatever

http://www.royallepage.ca/fr/property/quebec/hull-...

It was sold before and the other person didn’t pass for the loan or something, the owner accepted 365 000$

They have done 30 000$ Reno and have a insurance claim of 20 000$ for (bric de plomberie) so you have a brand new apartment on 2 levels.

Roof is clean as been done 8 years ago but need to be look at when I go Sunday.

The siding is rough and the agent said it would need new windows. Inspection as been done in 2013 and they reinvested in it to make it comforme to laws or something I don't know the rights terms from French to English sorry. And foundation is clean.

2 Rents a 750$, 2 rents at 525$ 1 rent at 725$

Listed as a 4plex to the city not a 5plex (really don't know what that means).

And the owner is leaving the country in 2 weeks after that it’s going to a management company (Versail gestion).

Anyways I'm going to see it Sunday I'll have more info.

@Colleen F.

@Colleen F.   thank you never tought about fire alarms i writed every thing down so I'm not lost with the Agent.

thank you guys it really help