thank you for your inputs. I will proceed, but with cautions. In the world of investment, there is no such thing that comes with high reward but with no risk. The key thing is to make the risk manageable. All the opinions been brought up in this forum are helpful. I think at the end of...

I'm seriously thinking about investing in Florida properties. The more I investigate, the more motivated I become to: The price has been down for 50% or even 60%. You can not ignore this. Comfortable cash flow, even after factoring in high taxes, insurance, and condo fees etc. Price/Rental...

QUOTE (spike9294 @ Jun 12 2008, 11:22 AM) Hello, I am looking at a commercial investment, a 15 unit storage building. It is 3 years old, listed at $139,000 and gross is $1335.00 a month. Building is fully occupied with a waiting list. I have purchased residential, but never commercial and...

I`m reading Don`s Key_Toronto_Neighbourhoods_to_Watch_For_Investment_Opportunities.pdf, I notice that in the document there are thingS like `Toronto transition area`, or ` Scarborough transition regions`. What exactly the `transition` means? for transportation? or transforming/re-vitalization...

They did it again. http://www.thestar.com/article/419247 How does it impact Oshawa`s property market? Hard to tell it will be positive.

The price is quite good comparing to the rent, but still the calculation shows cash flow is negtive even with 20% down for a 25 AM. are you sure the rent can be up to $1450? $180K condo is usually a small unit.

Hi Don I hear you. Thanks for the advice, that helps a lot.

Hi REINers In Scarbobough, Ont, there is an new urban project called `Warden corridor revitalization` is going on, it`s located at the east side of Warden, stretches from Danforth RD, to the north upside of St. Clair. Very beautiful and nice planned community will be built up there. However, if...

QUOTE In a normal rental property expences generally run at 50% of rental income. Condos can be lower but still exist. You have not included closing costs, insurance, evictions, vacancies (killer expense), advertising upkeep/repairs special condo assesments, legal, accounting etc. etc. etc...

Hi Brian, QUOTE However, I would be concerned about the public housing across the street (if this is the development south of eglington on the east side of Warden). I haven`t toured around a lot but I will. Cross the steet I see another low rise condo-building (it loos like nice) and a health...

I`m seriously considering a R.E. investment in Toronto`s 416 area. I drove by the Warden station and noticed there is a new subdivision being now built. The one I`m looking at is a Condo village Townhouse around 1000 spft, from Mattamy homes. The price is bit high (250k) but still not crazy and...

QUOTE That`s quite risky. Even if renting out your current place will give you positive cash flow, your monthly cash outlay to service your new mortgage will be higher per month than you`re used to. I`m not quite get it. Wouldn`t be the whole point for REIN that borrow to invest, cash flawing...

It`s just my $0.02: Since you have 2 properties already generating PCF, and based on your description RE Alliston, it appears that your existing residence can also been transited into a strong cash flow generator. If thats the case, why not keep all of them and build up your portfolio, I think...

QUOTE (dwb @ Mar 24 2008, 07:41 PM) 2) More competition for quality renting tenants as per point #1 above since there will be less of them (they will be converted to home buyers) Thats true. Low interest will refuel real estate market, but for sale only, not for lease, we will see more and more...

QUOTE Looks like they`ll lend you up to 90% of the appraised value Are these 90% loan all been charged at prime? if so that would be really nice. I didn`t use M1, but did some study. The M1`s prime rate is higher comparing with conventional P-x rate however if you can borrow up to 90% at prime...

I try to define what exactly cash flow is and I come up with this formula: Cash Flow =

Thank you for Greg and Garth, I will take your advices seriously into consideration. More and more I`m realizing the fact that we can only choose 1 primary residence and any thing else has to be treated as investment, and investment has to be emotionless.

Dear REINers We bought our current home about 10 years ago. Last year we purchased a new pre-construction home at a near-by subdivision and we really like it and the closing date is in next 4 months. Now its time to list our existing house for sale but what we`re find out is that I and my wife...

QUOTE In a nutshell, Turner urges his Canadian readers to sell their real estate if it makes up much more than a third of total family net worth and consider renting until the storm passes. I would say a `Thank you` to Garth since he`s helping our business. We as REINs are rely on cash flow and...

QUOTE (MarkGarrett @ Mar 17 2008, 04:09 PM) Hi Jesse, the Win for the Borrower is that they can bring the Loan to Value up to 85% or 90%. Typical conventional lenders will not loan that high on rental property. As such, it is a great way to reduce the investment capital required. Second, if...