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Recent content by feetup

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    using rrsp`s to invest in a golf course

    Hey guys I am trying to find out if it is possible to use RRSP'S to invest in shares in a business instead of a 2nd mortgage any info would help. Thanks
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    Golf Course

    Defiantly want to set up a corporation issuing shares but no very little about it. I no guys very well 2 of them are related to me and between the three of us we are buying two of the available shares.Each share is $110000 and i am splitting each one with both guys so really i will have 58%...
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    Golf Course

    Hey guys, I need a hand with this deal I am working on. I recently purchased a golf course and have seven investors to come in on the venture with me. I will be operating the golf course myself as I work in the golf industry and am a certified golf professional. The Golf Course was purchased...
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    Question about JV

    If i have 10% into a property and i am marketing it to a JV can i ask for no more then the 10% of an investment on that particular home.
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    Multiple homes at once

    QUOTE (bigbabba @ Mar 15 2009, 04:47 PM) I`m sure you can if your finances are good..but whats the rush? No rush just thinking down the road and my options and if it can be done.
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    Multiple homes at once

    Assuming my credit is great can i buy two homes at the same time with a week separating closings
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    apartment in basement

    QUOTE (thomasbeyer2000 @ Mar 15 2009, 03:34 PM) depends on city and code of province .. usually you need a permit if you change exterior like: decks, fences, windows, doors, roof pitch, dormers .. and usually you get an OK if it is to code ! Perfect thanks for your input much appreciated
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    apartment in basement

    QUOTE (thomasbeyer2000 @ Mar 15 2009, 03:15 PM) people finish basements all the time .. usually no permit is required as the exterior is not impacted ! people also frequently rent an up and down bungalow to 2 tenants or rent basement suites .. and frequently they are not legal .. but tolerated...
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    apartment in basement

    QUOTE (thomasbeyer2000 @ Mar 15 2009, 02:29 PM) I don`t see the loss (390K + 20K = 400K more or less .. where is the loss ??) ! houses don`t get bought and sold and assessed like stocks .. by the minute/day/week/month .. think: years/decades ! So if you can create more cash-flow from a basement...
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    apartment in basement

    I have a home that i purchased in 2006 before i was a REIN member it was a new home and i bought it for $390000 and i have spent around $20000 on upgrades i figure it is still only worth about $400000 because of the market. It has very high ceilings in the basement and it is very big it would be...
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    Hot water heaters

    QUOTE (vandriani @ Mar 12 2009, 12:01 PM) Thinking in regards to my primary residences, I do like the fact that the tankless units are much smaller. Ray, in your opinion, would you consider a tankless unit for your primary residence? As for a rental property, I could not justify the extra cost...
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    boiler or gas furnance

    Thanks for the advice friends i think i will go with the new boiler sounds like the only way to go..
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    boiler or gas furnance

    I am looking at a threeplex with a boiler that is shot and if i were to aquier whould i replace boiler or think about a gas furnance has anyone bine down this road. Thanks.
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    Broker and accouant

    I am looking for an Accountant and a great Broker in the Toronto area preferably in the Durham Region any help would be appreciated thanks.
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    Arms length mortgage

    My moms boyfriend wants to do JV with me would he be considerd arm length for RRSP morgtage? Thanks
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