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  1. afshinrein

    JV legal agreement without going on Title?

    What is the best way to do a jv without going into the mortgage with your jv? "Letter of Notice" is apparently good for only 3 months. The same for "Letter of Caution". Any idea?
  2. afshinrein

    Student Housing, is it profitable?

    Hello, Does anyone have any experience with student housing. I am thinking of getting one in Waterloo/Ontario and assign a prop. Management to it. Beside to management part of it, what anyone thinks about its potential for positive cash flow, is it a good project? Thx
  3. afshinrein

    Cash flow or Appreciation

    Hi everyone, I am debating on the fact that small positive cash flow (lets say $50/month) with higher 5 years appreciation (4%/year) is better than higher positive cash flow ($400) and lower appreciation (1%/year). Which one would you take? I know it might boils down to someones investment plan...
  4. afshinrein

    ROI

    Hello, If I am collecting $1000/month rent ($12000/year) and put $0.00 capital because I use home equity loan, then what is my net ROI (my $12000/year rent - my investment cost of $3000/year)/$0 ??? my cost includes tax and HEL interest as well. Afshin
  5. afshinrein

    Should we buy condo?

    Hi, Anyone has any idea on why or why not to encourage buying a condo in GTA? The only 2 reasons I am not in favour of condo investment in GTA are: 1) Condo fee is a wast of cash flew 2) Huge inventory of condo makes it harder to rent or to sell. Any other thoughts? Afshin
  6. afshinrein

    Retirement strategy

    <H3 class="post-title entry-title">Home investment strategy 5-70-90 </H3>Strategy for comfortable retirementI call this strategy 5-70-90 technique and this is how it works. You determine your expected hypothetical deceasing age, let`s say you like to live till 90. Then you like to retire by the...
  7. afshinrein

    Milton=Positive Cash Flow

    Hello, Last month I purchased 3 properties for my investors and I rented them for positive cash flow within two weeks. The fact is that the properties are fairly inexpensive and with a 35 years amortization and variable rate mortgage my investors are making $50 to $250 cash flow. I know we had...
  8. afshinrein

    Multiplex Due Diligence

    I am about to buy a multiplex (20plex) in K-W-C. Any suggestion, Due Diligence I should do?