(Located about 45 mins outside the GTA)1st Condo  = $120,000 CAD         2nd Condo  = $130,000 CADRent paid =  1000                           1000Expenses Condo Fees =    290                        290Property Tax=   100                        109Mortgage =        540                        590 Total =                930                        990This is a basic cash flow for the 2 properties I put together quickly and I believe rent could be increased as basement apartments in the area go for 850-1100 and condo's go for around 1100-1400. 

It might sound expensive but this is off the books money and that carrys a lot of weight to me, not having my credit dinged or showing a brand new loan on my credit report bringing the score down when i go to finance it long term is a huge help if your financing in your own name.

Some people just want to learn for the fun of it, but having a NC and CA license isn't going to make you that much more marketable as a real-estate agent or increase your earning potential as a wholesaler.If you're in it to be a good real-estate agent in either, you want to pick up real-estate sales books.

Hi guys I'm brand new and I'm trying to get my first deal I got a call back from a commercial stand alone property in a great location.

I am not sure if that is good or not but I believe the purpose is to keep the price of homes from increasing.  

Guess who makes more money when the bid increases.

Is there opportunity to increase rents?

I think we got a pretty good deal but we gutted it and its all brand new now..

Ie there’s a base cost for a 1 br and extra br are usually marginally more money.

You might consider partnering to increase buying ability.Good Luck,Jim