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All Forum Posts by: Derek Allen

Derek Allen has started 2 posts and replied 18 times.

Post: Arm/non-arms length mortgages

Derek AllenPosted
  • Thorndale, Ontario
  • Posts 18
  • Votes 4

hey guys!

I'm wondering if anyone has a suggestion/referral for an institute that handles SDRRSP's and arm/non-arm length mortgages in the South Western Ontario (London) ?

I know TD Waterhouse used to but I believe they've stopped offering them?

Any advice would be greatly appreciated!

Cheers,

Post: Questions re: the 2% rule locally, + estimating maintenance costs

Derek AllenPosted
  • Thorndale, Ontario
  • Posts 18
  • Votes 4

income vs expenses ?

Post: London Ontario Meetup

Derek AllenPosted
  • Thorndale, Ontario
  • Posts 18
  • Votes 4

@Matt Geerts sounds great!  as it stands, I'm available and should be there!  looking forward to meeting some new people!

cheers,

Post: New member from London, Ontario

Derek AllenPosted
  • Thorndale, Ontario
  • Posts 18
  • Votes 4

Nice to meet you Chad!  That sounds like a very typical caring mother :)

Thanks for the info - and anytime you're back on your way through, let me know! i love hearing anything i can from other investors, and finding out how REI has changed their lives for the better!

cheers,

Post: New member from London, Ontario

Derek AllenPosted
  • Thorndale, Ontario
  • Posts 18
  • Votes 4

no i have not heard about that yet, thanks for the info Matt!

Post: New member from London, Ontario

Derek AllenPosted
  • Thorndale, Ontario
  • Posts 18
  • Votes 4
Originally posted by @Brian Finoro:

Welcome to BP Derek! 

I'm an IT guy in Guelph just starting out also, looking to do buy and hold. Best of luck! 

Best of luck to you too Brian! Another IT guy - it must have something to do with our analytical brains - i seem to hear about a fair amount of IT turned REI's!

cheers,

Post: New member from London, Ontario

Derek AllenPosted
  • Thorndale, Ontario
  • Posts 18
  • Votes 4

I've been digging into all this real estate stuff for the last couple months and bigger pockets podcast was one of the first things I came across - oddly enough I figured it would be mostly American based info so i never really spent much time on here.

I make my first post and came across the conversation between @Matt Geerts @Account Closed - is your investor buddy on BiggerPockets?  maybe he would be interested in this London locals meet up as well?

Thank you everyone for the warm welcomes!

Post: New member from London, Ontario

Derek AllenPosted
  • Thorndale, Ontario
  • Posts 18
  • Votes 4

Currently a senior systems and network analyst in automotive manufacturing for the past 11 years. 

Recently I've been learning everything I can about real estate, and making my money work for me!  Long term goal is a buy and hold portfolio and would like to achieve that goal through a flipping business!

Looking for like minded individuals in my area who are trying to escape the rat race like myself, and looking to achieve financial freedom!