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Recent content by LotharBriones

  1. LotharBriones

    LOOKING FOR ANYONE WITH ACCESS TO GEOWAREHOUSE

    You may use jlr.ca This is an awesome property search tool in Quebec, but you can also get property profiles from Ontario. Just sign up for free and it will cost you 20$ per property profile (see attached picture). Lothar https://www.linkedin.com/in/lothar-briones-32744312
  2. LotharBriones

    New to Real Estate. Market Research for Quebec?

    Sure Álvaro. I would be happy to meet with you again! Please give us a shout when you're in the area. Tom, by the way, if you speak French, here's another market analysis resource from a company I use a lot for Quebec real estate insights...
  3. LotharBriones

    New to Real Estate. Market Research for Quebec?

    Hi Tom, You can start by the CMHC reports: https://www03.cmhc-schl.gc.ca/hmiportal/en/#Publication/24/2/Quebec Note that you can select publications from a different province or zoom in to a city/neigborhood using the interactive map. You may also use: RBC Economics Housing reports...
  4. LotharBriones

    Re-finance and tax question

    That's about right. Speaking with my accountant, he mentioned that the refi money was used to buy a personal residence and that is not tax deductible (indirectly it was used to add income property inventory though). The only money I can deduct interest from is the one I used to getting property1...
  5. LotharBriones

    Re-finance and tax question

    This is my situation: I moved from my principal residence and kept it as a rental property (property1). In order to do this I re-financed an income property (property2) to get the down-payment for my new principal residence (property3). Is any interest deductible for property2 loan used for...
  6. LotharBriones

    Using RESP to buy a property to my child?

    Alvaro, Thanks for the input. That's exactly what I want to do with my kids and I'm glad to know you are going through this. I may axk ask you some questions along the way and I appreciate your feedback!
  7. LotharBriones

    Using RESP to buy a property to my child?

    Thanks both for your replies. While I am aware of the ways to invest in real estate using a registered account mentioned by Thomas, my question is more in regards to withdrawing funds from the RESP when my children are at university age to pay for post-secondary studies expenses. I understand...
  8. LotharBriones

    Using RESP to buy a property to my child?

    Hi, quick question: I am planning the amount of contributions for both of my very young children and would like to know whether the money saved in the RESP can be used to buy the first property for my children in the location of their studies. Can this be considered reasonable expenditure...
  9. LotharBriones

    (VIDEO) How To Invest in A Great Neighborhood

    Hi Mat, I suggest you move your publicity to the Classified Ads section of this forum. Thanks, Lothar
  10. LotharBriones

    How To Collect Rent From Your Tenant

    TenantPay works well too! I have two of my tenants on TenantPay and I am happy with this alternative! It costs though: 1.05+tax per transaction.
  11. LotharBriones

    Property Analyser required simple in excel spreadsheet

    Hello everyone, Michael provided me with his excel spreadsheet sometime ago. Thanks Michael! I found a simple, easy to use property analyser on the web and I use it as a reference for relevant parameters to look for depending on the aquisition strategy. http://epicanalyzer.com/ It...
  12. LotharBriones

    How do debt investors work?

    Andy, One way of benefiting from a loan with high interest (by a hard money investor) to buy a property would be to use the money from the hard loan to pay-off the equity remaining (mortgage) and then having the seller agree on a mortgage between him/her and you (not the bank). Be careful...
  13. LotharBriones

    Why join REIN from Montreal?

    Except for Mr Beyer who expressed his political opinion and facts about why not to invest in Quebec, which was by no means the feedback I was looking for in this thread, I really appreciate your feedback about why join REIN from Montreal! I just got news of an end-of-year REIN membership sale...
  14. LotharBriones

    Why join REIN from Montreal?

    Kewal, For info on the types of REIN membership please follow the link below: http://reincanadamembership.com/membership-benefit/ Cheers, Lothar
  15. LotharBriones

    Why join REIN from Montreal?

    Thank you all for your feedback! I guess a "mail in" membership will help me * catch up with economic fundamentals thoughout Canada, * take advantage of included and reduced-price home-study training * get answers about REI general questions while I won't get specific contact...
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