All Forum Posts by: Elliott Milek

@Steve K.

What insurance company do use?

@Frank D.

Hi Frank, good luck with your upcoming purchases in the states. If you have any cross border tax l related questions please do not hesitate to reach out.

Elliott

@Ryan Cavasin

Hi Ryan,

I’m a cross border accountant that purchases property in NY and can you help you out with any cross border tax issues you may have. I also, work with a cross border lawyer here in Ottawa that can assist you with your legal needs.

Send me a message and we can set up a call

@Chad Urbshott

Thanks chad

When bidding on auction properties from auction.com, does anybody know if most of the properties have existing lines that need to be paid before closing on a property? Or do the properties primarily have clean title?

@Reid Mathews

I follow Grant like most people do, but his numbers aren’t that great. Especially when you read the fine print of his deals that him and his companies get at least 75% of the capital gains when the property is sold.

As an “investor” in his deals your taking most the risk and receiving very little profit. If your new I would team up with a few local investors to help your learn the game and make a bit more money as well.

@Matt Willis Hi Matt, If you would like to discuss how your US investments impact you here in Canada, feel free to reach out to me to discuss. Elliott

@Jacob Perez Hi Jacob- do you have any lending connections for Canadians buying in the US?

@Florence Lee Hi Florence, Send me a message and we can discuss, I may be able to help you out. Elliott

@Joel Senko Hi Joel, Those expenses look very low, it was likely self managed. Depends on the property age and location, but anything that’s more than 30 years old I would assume the expense are approximately 40- 50% of the gross rents. Elliott