There's numbers and then there's the "real" numbers. Would I buy negative cash flow, no... neutral cash flow, yes... remember there's your cash on cash return and then your net returns with mortgage reduction, then there's your pie in the sky returns with all that plus growth. We develop and...
I was recently targeted by a rental scam so I made good news with CBC to teach people the warning signs.
My recommendation is if they talk just a little too much about:
-Their love of god-SCAM
-Their immigration to Canada from Africa or UK-SCAM
-Their overtly descriptive adjectives making it...
I was recently targeted by a rental scam so I made good news with CBC to teach people the warning signs.
My recommendation is if they talk just a little too much about:
-Their love of god-SCAM
-Their immigration to Canada from Africa or UK-SCAM
-Their overtly descriptive adjectives making it...
I can think of lots of ways to have fun with a deal like this. The reality is you`ll be negative just to hold the property and your "partner" doesn`t have the deep pockets to help hold this so it will be all up to you.
Long term development value is a consideration but doesn`t come cheap too...
Several "syndication" firms have done well in 2009, but pale in comparison to those that have done very very badly.
Some are structured that each project is its own entity, thus the gains or losses from that project are limited to what you`re investing in. However, many of these firms pooled...
Consider calling:
Ken Sethi with Margolis Capital in Edmonton at 780-638-1566 or email him at [email protected]
Ken`s done lots for our company and has a good range of firsts and seconds. CMHC multi rates right now are excellent.
Good Luck
Dear Bigbabba, I feel I need to make a comment about your comment about realtors, but first let me comment that it`s 5:03AM Monday morning and I just got to work for the day.
Before I started my career in real estate I decided to sell my own property after having bought and sold a few, my...
I have a client needing good property management in St. Johns, she has 3 duplexes and one 4 plex needing management. I`m proud to say after meeting us, she`s now applied to become a REIN member as well, please welcome her aboard Kathy DeSilva!
Let me know any recommendations.
Robert F. McLeod...
Hi Lynn..
CMA is a Comparative Market Analysis, sometimes clients think they`re appraisals; they are not. A CMA is a valuation that a Realtor is licensed to perform. You can do a CMA when you sell or buy, the same logic applies, its an analysis of the property compared to recent sales and...
Marianne you bring up a good point, many things have changed in our market, and some expectations on the end of the realtor and buyer have to be adjusted.
All I can comment on is what we see in the market. At this point when a buyer calls we try to screen all the pertinent details, many clients...
If it has a single garage I`d charge $1525, double garage add $75.
I`m basing this on a home with a value of $385 which is active in the area. Hope this helps.
Best,
Robert F. McLeod, csi
A Proud Rein Member
Top #1 Residential Agent Re/Max Real Estate
QUOTE (Lucas @ Apr 21 2008, 10:47 PM)...