Congratulations Tyler. Kudos for taking action!

Hi all, Hoping you can help me out....I'm looking for a list of top towns in Ontario that allow secondary suites (e.g. basement apartments). It need not be a list, but I'm hoping to capture as many cities as possible...looking to increase cash flow through this strategy. Any thoughts? Thanks!

QUOTE (eddyb1978 @ Oct 11 2010, 08:55 PM) For the types of repairs and reno`s you described i normally use a good general handyman without paying the unnecessary mark ups from a general contractor.. for bigger complex jobs i normally consider the use of a good general contractors if i need to...

Hi REIN community, I am an active real estate investor focusing on the Hamilton market. My last 3 purchases underwent an extensive property facelift. - new paint - new laminate floors and tiles - new bathtub - new vanities, new kitchen cabinets - new sink and faucets - new sliding closet...

Hi aiden1983, Terri Frank of www.queenwestrentals.com uses Ikea cabinets for her rentals and they look awesome. Send her a message and she can give you her thoughts. My boss used Ikea cabinets for his personal residence and they look very modern and sleek... I think as long as you go at...

QUOTE (housedoc @ Mar 2 2010, 10:02 AM) They`re fine, if you don`t mind particleboard and install them properly. As for PR.....depends whether you`re doing it for functionality, or resale. I`m in the process of doing the same...On a related note, how much would it approximately cost to have a...

QUOTE (curtkeil @ Jan 27 2010, 12:08 PM) Hello, I have 2 revenue properties but now looking to start taking my real estate investing to the next level by becoming more active including joint ventures. I am planning to purchasing the joint venture package but not sure if I should buy the ACRE...

QUOTE (chrisR @ Jan 25 2010, 05:29 PM) what you would do is to set up a third company 100% owned by the holding Co, this company would do all the property management and admin for the group of companies and could qualify for the Small Business Deduction (Lower rate Tax). this company would have...

QUOTE (chrisR @ Jan 25 2010, 02:11 PM) In the two tiered corporate structure the General expenses would go in the 3rd Active trading Co chris Sorry Chris, I`m a newbie when it comes to corporate structure banking/accounting. Can you elaborate in layman terms? Thanks, Caesar

Hi REIN Community, I have just set up my two tiered corporate structure...Parentco and Realco. I would like to setup the bank accounts now, but I need some help. Assuming each of the properties are with different JV partners, it makes sense to have a separate bank account for each. However...

Hi Neil, Keep it up Neil. You have done so well at such a young age. You`ve been featured in Canadian Real Estate Magazine, you are an active member of our Hamilton Mastermind group and you have a blog...in addition to your day job and your real estate business! To your continued success...

QUOTE (markl @ Jan 8 2010, 10:40 PM) Thanks again everybody. It is funny I just received my author copies today. When some people have had them for almost 2 weeks I`m ordering my book right now, and I will bring it with me to the next REIN event with a pen...it`s always nice to get an...

QUOTE (Dan_Eisenhauer @ Jan 7 2010, 12:46 PM) You can ask for the SIN. But, an applicant is not obligated to give it to you. HOWEVER, if you ask for it from everyone, you are allowed to reject an application that is incomplete. It is your money that is riding on that application. Do what needs...

QUOTE (mzav1 @ Jan 5 2010, 04:38 PM) I`m also looking for resources in the GTA, have you received any recommendations? For JV`s, I use Real estate lawyer - Steve Cohen - 416-368-3000 He`s located at 500-90 Adelaide St. W, Toronto ON I`m using him right now and so far so good. Tell him I...

QUOTE (dlynes @ Dec 7 2009, 03:58 PM) Does that mean that it takes 2 to 3 months to close? Or just that you don`t see the documents for 2 to 3 months, and the closing still takes the normal amount of time? For our investing goals (commercial real estate), Mark would align with them quite well...

QUOTE (dlynes @ Dec 7 2009, 03:33 PM) Thank you to both Ramon and Mark. We`ve decided to talk to Mark Dudzic. The good thing about Mark is that he`s also the president of the committee of adjustments for the City of Hamilton (if you`re doing something that`s not kosher with the neighbors...

QUOTE (housedoc @ Nov 17 2009, 07:37 PM) Once it`s `reverted` to a sfh, then isn`t it a sfh with an illegal suite? Why was it done? It appears they lived in the actual unit themselves and wanting to reduce their property taxes had it changed to single family. I called the city. It can be...

Hi everyone, I am looking at a property that was previously a legal non-conforming duplex back in the 1980`s. If it changed to a single family residence in 1996 (still contains 2 kitchens and separate entrance though), can it now revert back to a legal non-conforming duplex with a current...

QUOTE (manojsingh @ Jun 29 2009, 02:57 AM) Just two weeks back I closed my 22nd townhouse deal. I own 18 units in Hamilton and 4 in Brampton. This weekend I finally got all the papers from last deal which was a townhouse complex. What a wonderful journey, First nine month of REIN membership and...

QUOTE (terri @ Jun 22 2009, 09:32 AM) hi Ed, I agree with Garth, interview them and do your due diligence just like any other prospective tenant. I wouldn`t assume that just because they are professional athletes that they will trash the place. As quasi celebraties, yes they may have a few...