All Forum Posts by: Hai Loc
Hai Loc has started 56 posts and replied 2175 times.
Post: Where are the GTA Meetups?
- Specialist
- Toronto, Ontario
- Posts 2,272
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There were groups way back between 2012 to pre covid..
not much anymore..
Post: Trumps new foreign investment policy
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- Toronto, Ontario
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This new policy that Trump just released on Friday stats the US wants to cut off ties with foreign investment from China.
I have mixed thoughts on this on how it will impact the real estate sector
Would like to hear your thoughts
Post: Canadian Lender Finder?
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- Toronto, Ontario
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Quote from @Jason Munns:
Is there a lender finder for Canadians? I'm in a number of social groups for private lenders and have run into a lot of scams. If anyone has any recommendations on networks or networking tools, it would be greatly appreciated.
Why don't you try the bank you do banking with.. RBC CIBC.. love them.. RBC has commercial division and US.. if you still have struggles DM me
Post: From Canada to Cleveland
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- Toronto, Ontario
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Ohio is a good choice.. Lots of agents from Columbus in here..
Too bad you need to eat the high conversion rate now. You need to keep in mind that this should be a long term hold at least to a point when you wanna convert back to CAD that you are not losing on conversion
When i started in 2012 it was like 1.05-1.07
Post: Owning Real Estate in Vancouver as a US Citizen
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- Toronto, Ontario
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Quote from @Jackie Lin:
@Cedric Ferrell appreciate the response. Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about. Thanks!
you need to dodge capital gains and foreign buyer tax.. you should consult a tax expert..
If I was in this situation I would just sell (not advice) and buy a cash flowing mobile home park in the midwest
Post: Long term buy and hold opportunities near Toronto, Niagara Falls
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- Toronto, Ontario
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Quote from @Ricky Singh:
Makes sense Hai. Thanks for sharing your thoughts.
Are there any pockets in GTA or Niagara region where you are seeing value with high potential for long term appreciation?
After the appreciation we have been experiencing post 2022 and what we have been witnessing the last 2+ years its hard to pick a spot and be confident on appreciation. Many should be happy on a stabilized market more then anything
Post: Canadian Wanting To Invest In The US Market, Is Ohio The Right Fit?
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- Toronto, Ontario
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Columbus better then Cincy
I watched Columbus grow from 2014 onward. Construction on the 71 by the 270 in Grove City.. Owned trailer parks for almost a decade
Post: The Rise of Industrial Real Estate: Why Rochester Is a Goldmine
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- Toronto, Ontario
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Interesting How do I learn more?
Post: Creative Financing in Canada (Ontario)
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- Toronto, Ontario
- Posts 2,272
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Quote from @Clive Duncan:
I'm not sure if this forum is still active, but I'm looking to chat with a few real estate investors in Ontario who may be interested in raising funds by selling fractional shares of their property.
My co-founder and I are doing some market research so we need to talk to some folks to gather more insights before building this out.
If this interests you or someone you know, please reach out. Thanks!
Fractional Shares? is that even legal
I would be open to hear about it
Post: Looking for Commercial DSCR Lenders Ontario Canada
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- Toronto, Ontario
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