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Recent content by Tibo

  1. Tibo

    How best to prepare for an Appraisal

    It's nice to get a Fire retrofit compliance so you can be sell or take equity out ready. Here in Ontario the banks want that piece of paper and purchasers fell better that it was Fire inspected.
  2. Tibo

    Respect, Appreciate & Contribute to YOURSELF and OTHERS.

    Respect, Appreciate & Contribute to YOURSELF and OTHERS.
  3. Tibo

    Imagine, Believe & Achieve;-)

    Imagine, Believe & Achieve;-)
  4. Tibo

    Sudbury Insights

    Hello I am a REIN MEMBER and live in Sudbury! I am looking for JV. You can email me at [email protected]
  5. Tibo

    HOLD or SELL

    Is this a good location. I would hate for you to lose your property. Can you use it as a student rental. Maby call a property manager and see if they can be creative for you. If you do renos and then apply for an increase above the guide line. Can you do a rent to own... Thus evicting the tenant...
  6. Tibo

    What Leverage ratio does a property investor uses for a stable portfolio

    Thank you Thomas, makes sense. I think I will go with 50% in let's say Sudbury and 80% in booming towns! Like Calgary.
  7. Tibo

    What Leverage ratio does a property investor uses for a stable portfolio

    Hello! I'm looking to find a good balance for financing between the mortgage value and the building appraisal value to hold on investment property to minimize the risk. (Even to take equity out). I'm trying to see if Real Estate Investors have a "RULE OF THUMB" on the right leverage ratio...
  8. Tibo

    Insurance prices

    DA Kurt has treated me very well.
  9. Tibo

    Any Suggestions in Getting Approved for a Mortgage?

    Where in Sudbury do you want to invest your money. Do you have a realtor? Reason I'm asking is this is the area I invest in and I do have contacts they specialize in business loans. Let me know if intrested then I can give you some leads to get you started here in Sudbury.
  10. Tibo

    Hey guys looking for some experienced investors advice

    What type of strategy are you looking for? Buy hold, buy flip hold or rent. Do you work full time what is your brother doing and what is your job? Have it in writing and both agree on it. When the things get hard who can stay the plan. I have buy old multy plexs that cashflows. Then when a...
  11. Tibo

    How do debt investors work?

    I have done 2 loans for a 4- plex and tri-plex. The structure was under a promissory note. 6 % intrest for 5 year term, amortized for 6 years 8 months so I can pay them faster. There are thousands of ways to structure the deal. I have a good track record. And they are getting good intrest and...
  12. Tibo

    Real Estate Investment Courses - Opinions

    What do you mean almost sure???!
  13. Tibo

    Real Estate Investment Courses - Opinions

    I did the ACRE Program in Toronto in spring 2008 and it was fantastic. I attended the course and every one wants you to succeed. I felt no pressure to sign up for anything. REIN wants you to be successful. Now I also attended the Rich Dad last September and felt the opposite. They made me...
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