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All Forum Posts by: Tajinder Kandola

Tajinder Kandola has started 38 posts and replied 68 times.

Post: smart to keep a buy and hold if it doesn't cash-flow well?

Tajinder KandolaPosted
  • Surrey, British Columbia
  • Posts 68
  • Votes 2

would it be smart to keep a condo that doesn't cash flow initially in the beginning but starts to cash-flow in the 5 and 6th year and beyond at 10%?

what to do if the tenant is not comfortable giving SIN number for a credit and criminal background check?

i was talking in regards of maybe a condo maybe built in the 1990s but someone else or the previous owner renovating everything.

Would it be advisable to get a property inspection on a newly finished condo or apartment complex?

Post: any good mortgage brokers in BC?

Tajinder KandolaPosted
  • Surrey, British Columbia
  • Posts 68
  • Votes 2
I simply want to inquire as of right now.

Post: any good mortgage brokers in BC?

Tajinder KandolaPosted
  • Surrey, British Columbia
  • Posts 68
  • Votes 2

Looking for good Mortgage brokers in the Lower Mainland? Anyone recommend someone from Vancouver?

Post: Should i Account for Repairs and Cap ex for Condos?

Tajinder KandolaPosted
  • Surrey, British Columbia
  • Posts 68
  • Votes 2

Should i Account for Repairs and Cap ex for Condos and strata? or does the monthly Maintenance  fee take care of that? does anyone else who invests in condos take account for the repairs, and cap ex's and all the other stuff like insurance, taxes. mortgage, property management fees, vacancies etc...

Post: analyze a property using the 50/50 rule?

Tajinder KandolaPosted
  • Surrey, British Columbia
  • Posts 68
  • Votes 2

would you buy a Rental using the 50/50 rule where Half goes out the mortgage and half goes out to the expenses? is this especially suitable for finished condos?

Post: is an accountant and a Attorney necessary for a new investor?

Tajinder KandolaPosted
  • Surrey, British Columbia
  • Posts 68
  • Votes 2

when your starting out buying your First condo or first property or whatever it may be, Is an accountant and a lawyer Necessary? what if you simply don't have the funds to afford it?

Perfect!