All Forum Posts by: Eric Delcol

Thanks Robert, thanks Troy.  

Hi Steve,

The answer you're looking for is an emphatic YES!

Perhaps I don't understand your question - what type of insurance are you talking about?  If you are talking about home insurance your lender will require the property to be insured.

Hey Nicholas,

You could cite this - 

http://www.nij.gov/topics/corrections/recidivism/p...

In your policy, mention that the Bureau of Justice Statistics show a high rate of repeat offenders.  Therefore, those with a criminal history are at a higher risk of committing crime than a potential tenant that has a clean history.

Hi Ya'll,

Does anyone have a recommendation for a great PM company in the Charleston area for SFH's / Duplexes?

If you do decide to invest in a college town consider what your tenants want (predominantly):  low rent and fast internet.  

Consider that in your purchase / renos.  It doesn't need to be fancy but it needs to be clean, functional, and within walking distance of campus.  

Expect an average turnover of 2 years.

Have parents as co-signers as someone mentioned above.

Hey Ian, You don't need a six figure income to invest in Toronto but you do need a six figure down payment! Figure out what strategy you want to employ first and that will guide you where and how you'll want to invest.

Originally posted by @Quang Nguyen:

What I really want to do is invest in the US. Just need to focus in an area first to get some experience first.

 Quang, this is what we specialize in.  PM me if you have any specific questions.

Hey Kristopher,

Population and job growth are the main indicators we look for.  Also having a few anchors in a city help for stability (e.g. capital cities, sports teams, highly reputable colleges / universities).

Please add us to your buyers list.  We are looking at San Antonio to expand out to.

Originally posted by @Ryland Taniguchi:

1) Petrodollar System. The US government needs the world addicted to oil so that the world buy's oil in US dollars. We are in the Middle East not take over oil but to control what currency oil is bought it. Saddam Hussein did have a Weapon of Mass Destruction. Right before we took him out, he announced that he was going to accept oil in Euro dollars. I can only imagine the look on Obamas face when he went to office and found out why we were in Iraq.

If you like history and like it with a comedic flavor - check out Robert Newman's history of oil:  

https://www.youtube.com/watch?v=sa3oqP3FGMc

Ryland, your comment is highlighted with ingenious mirth @ 23:00

Hi Zach, you hit the nail on the head.  Yes, that is what we're looking for.  Thanks all for your posts!