Recent content by DEWDROPS

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    Investing in private mortgages

    Has anyone invested in private mortgages such as Matrix Mortgage Global? If so, how was the experience?
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    How to pay off your mortgage faster?

    Care to elaborate?
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    How to pay off your mortgage faster?

    Watched few YouTube videos, interested in learning more about it. The way they present this seems unreal though TBH Sent from my iPad using myREINspace
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    Variable or Fixed rate Now?

    Ah ok, thanks for clarification Sent from my iPad using myREINspace
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    Retail space at mall as an investment

    This thread has saved me from financial ruin. I had to pass this retail opportunity after reading all the words of wisdom here. My friends were extremely interested and thought I was passing a great opportunity but they are thankful now. This giant ghost mall appears to be a disaster for...
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    Variable or Fixed rate Now?

    Going rate for 5 yr variable closed is 2.3 to 2.4%, why would you sign up with TD for 2.97%? Shop around.
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    Best market in Canada

    How about Calgary? Sent from my iPad using myREINspace
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    Mortgage renewals

    Does that come with higher than normal interest rate, as the risk for the lender would be higher?
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    Mortgage renewals

    Would like to know more about 100% rental offset.
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    I need help!

    Financing for rentals, B 20 affect, investing from a different city (living in Calgary investing in Windsor,ON for example) Sent from my iPad using myREINspace
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    Retail space at mall as an investment

    You are right. When I talked to the leasing manager over the phone, I heard that wrong. Sent an email for confirmation, it's 100-150 per year. Now makes better sense.
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    Retail space at mall as an investment

    Did some research on the going rental rate of retail space in Calgary. Most of the malls don't sell retail space, so wasn't able to compare that. Rental rate comparison: Deerfoot meadows 3.4$ pm/sqft Crossiron mills 8.33$ pm/sqft!! (depending on location, but they have no vanacy right now) T&T...
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    Retail space at mall as an investment

    Area- The list says effective area is 51%. Triple unit gross 855 sqft (net 436 sqft), double unit gross 570 sqft (net 280 sqft) Potential rent- Single units suggested lease rate is 1500 pm (as they say). Tenants- No idea about tenants at this point. They will probably be start up...
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    Retail space at mall as an investment

    Here are the details: Price: I am looking at a triple and a double unit. Triple unit price 539800 (net 436 sqft), double unit price 349800 ( net 280 sqft). Both units are close to one of the main entrances of the mall, there are 2 main entrances. Other costs: 1.50$/net sqft/month. For example...
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    Retail space at mall as an investment

    There is a mall opening right beside crossiron mills mall at Balzac (calgary). Is buying retail space to lease out a good idea for long term? Usually mall retail space is not available for individual investors. The mall is called new horizon mall, Asian themed same as pacific mall at Markham...