All Forum Posts by: Roy Cleeves

My pleasure 

Yes.  I will do an email introduction. 

Can you reply with your email and cell number please?   Thanks

I have a couple of condos at Cundles road East in Barrie and I know lots of Realtors there.  Would that help?

Party 1 would be on Title and Party 2 can do a General Real Estate Partnership Agreement and register it on title so that the property could not be sold without Party 2 agreeing to it. 

And as far as the loss situation, you can both agree to whatever makes sense yet the most common one would be to agree to split the loss in the same ratio that you would split the profits.  

I hope this helped.  Cheers,  Roy

@Umang Rajyaguru You can get an idea of rental rates from Property Managers.  Select a couple and call them and find out what they say rental rates would be for the area you want to invest in.  And for approval for the financing talk with Mortgage Agents that specialize in rentals.  Keeping talking to many of them until you find the one that figures out how to help you.  Good luck.

A Reit won't return the best ROI. Private money lending in Seconds will make you a lot of money. You want to work that with a mortgage agent that is doing a lot of that and knows how to protect your interest with a lower Loan to Value ratio.

If you have more doors and you choose quality rentals and have property management look after the places then that should be pretty passive for you as well.  Especially if it is in a different province than where you live - then you are never tempted to go and look after anything yourself.  Good Luck.

@Ernesto Miguel Credito Since you don't have a budget set then you are best to probably buy where you want to live.  So best to Buy in Hamilton and House Hack unless that is years away.  If so then get an investment now in Saskatchewan.  I hope that helps.

I think you can house hack in Hamilton.  It is a hot market yet there is still opportunities. It depends upon your budget.  

What is your budget?

Once you are educated, then pick a province and area where you would like to invests.  Then connect with investors in those markets to understand the deals and the process.  Good Luck.  You are starting off very well already.

It is inexpensive to do a small claims court suit.  Yet you can only do $25,000 I think as a settlement.