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11 March 2018 | 8 replies
Thanks @Jeff Engstrom & @Alex Franks, I will definitely be getting involved with some meetup groups when I get there.
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12 March 2018 | 19 replies
My plan is to eventually own a few buildings to provide my retirement income, as well keep me personally involved in the real estate business.I have never owned a whole building before, but as I read books, gather knowledge, and talk to my friends that do own buidings, I feel comfortable with making this transition.
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13 March 2018 | 14 replies
If there's a corner involved, I order them in pre-cut which takes 3 weeks and costs around $25-30/foot.
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10 March 2018 | 2 replies
Colin Davis Hey Colin, so ya CMHC allows 5% down on 2 units or less for owner occupied properties, and 10% down for 3-4 unit owner occupied.I’ve never heard of any scenario that involved bank financing where you can put less than 20% down on a mixed use building.
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17 March 2018 | 7 replies
While I have a few in mind, I would love to work with a broker or agent that is actively involved in REI.
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13 March 2018 | 2 replies
I've been involved in several lawsuits, both as an officer and a resident and I've NEVER been on the losing side in any of them.By-laws are just that, LAWS, as I told the guy who replaced me on my local board here.
18 May 2018 | 18 replies
The price point is not $25K, it is $10K to $25K and at the $10K level, there is enough 'hand holding' on deals that it is well worth the money (in my eyes and several other students).
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15 June 2018 | 5 replies
I'm not familiar with using the term "professional landlord" in the context of driving tax strategy (just "real estate professional" vs "not a real estate professional", which is determined by hours involved, not scale).
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15 May 2018 | 5 replies
For locating properties, it’s best to have someone keeping an eye out for you, especially if this isn’t your day job.
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26 July 2018 | 3 replies
(i.e. there's still some risk, stress, etc. involved) Not to mention that paying 10% + leasing fees "goes up my bum sideways!