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All Forum Posts by: Mazen Al Ashkar

Mazen Al Ashkar has started 14 posts and replied 92 times.

Post: Moving to Canada from US - How it impacts my rental properties?

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

Hello Harpreet, 

Hello from Montreal, Canada :). Goodluck on your move!

Can you clarify why do you feel you need to sell these investment properties? Is it because you are self-managing them now? 

Cheers

Mazin

Post: Engineer looking to get into Real Estate in Montreal, Canada

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

Hello Vlad,

Welcome to BP! I'm from Montreal too! Feel free to reach out and connect

Cheers

Post: Canadian Bigger Pockets Members?

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

Hi Roman,

Welcome to BP! I'm from Montreal, feel free to connect and will try my best to help where i can. 

Cheers

Mazin

Post: wholesaling from Gadsden, Rainbow City, AL

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

Hi @Ja'Rod Brock, 

A bit late but send me a note if you're still interested in wholesaling. I have a property i just foreclosed on and want to sell it quickly. 

Cheers

Mazin

Post: Newbie from Gadsden, AL

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

Hi @Chad Gray

Answering a bite late but feel free to reach out to connect. I just did a Deed-in-Lieu on a property on Gadsden, let me know if you're interested in taking a look. I'm obviously a motivated seller :). 

Cheers,

Mazin

Post: is a Net income multiplier of 15 considered a good deal?

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

Hi,

I'm about to place an offer on a 4plex in Longueuil (off the island of Montreal). Being my first plex, is a NIM of 15 considered a good deal in your opinion? 

Appreciate your help on this. I only invest in Mortgage notes but i'm starting to diversify my strategy more. 

Thanks

Mazin

Post: How to be a Hard money lender

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

Not sure you can avoid the "foreclosure" part because it's usually your security. The other thing you can do, is contact note holder and buy a partial of a performing note. 

Post: 0 to 54 units in 12 months

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

Great stuff @Guillaume D. I'm from Montreal too. I only invest in the US but makes me happy to see the progress you've made with your partner. Would love to get connected!

Post: Today - at age 24 - I "retired". Here's how I did it.

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

@Filipe Pereira Love it! Keep it up!

Post: What Percentage Of People Like/Dislike Being Landlords?

Mazen Al AshkarPosted
  • Real Estate Investor
  • Montreal, Quebec
  • Posts 95
  • Votes 42

I'm not a landlord for the same reasons everyone mentioned in this thread :), i know there are alot of people that enjoy it but i'm really enjoying the notes business as i don't have to worry about the calls at night and repairs needed. Buy at the right price, collect monthly mortgage payments and be the bank. 

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