The currency exchange works both ways - you'll get a boost when translating the income back to CAD.

I figure the extra upfront cost is worth a nicer property in a nicer area so I can have nicer tenants, which will hopefully translate into less hassle.

That excitement translates well when he's pushing the property.

In the REI world this translates to the ability to find out how to understand something that you didn't yesterday.  

Empty units simply give me the opportunity to renovate and raise rents. 3) Appreciation always follows NOI, so if you can establish a solid record of $8,000/month NOI that translates into a stabilized value of $1,200,00 at an 8 Cap, which is going rate for stabilized class C properties.

Are the rents at market and the place is fully rented (fully for 24 units probably translates into only one or two vacancies, you'll generally not be 100% full all the time unless your rents are below market.)  

If I can translate what I have done with my business into what I would like to do with real estate I will be very proud of myself.I am not really sure exactly what my goals are yet in real estate.

Can you translate that into English for us MA only guys?  

(I found out the person I was texting was actually the seller's brother doing translations.)

Would the numbers translate for wholesaling (Note:  I realize I've already allowed you all a peak behind the curtain on the numbers, but I'm more interested in learning this process).