All Forum Posts by: William Wong

@Ali Boone Hi Ali, Would this legal structure be a holding company or corporation of some sort? and do you absolutely need to set up a US entity?

I spoke to a turnkey provider recently and he told me that none was necessary.

@Douglas SkipworthThanks Douglas.

You said that most Turnkey providers would leave the investor hanging. Since you had nice things to say about Memphis Invest, I am assuming  that this company would be the exception to that general rule?

If not, I would be curious as to how they make money from dealing with a foreign investor like myself.

Thanks!

Hi everyone,

I am considering the possibility of investing with a Turnkey provider. Just wanted to hear about your perspectives with regards to disadvantages of investing in Turnkeys?

What were your experiences like? and what turnkey provider might you recommend?

Thank you Brie for your feedback. That is good to know.

@Douglas Skipworth Thanks Douglas for that information. Just curious as to why you are not a fan of Turnkey investing? for example, what pitfalls and disadvantages to you see?

@Cal Ewing Hello Cal, Just wondering, which Turnkey provider did you use and would you recommend them?

Hello everyone,

I am evaluating my options and currently thinking that Turnkey investing in the United States may be my best option. It is very difficult to attain the 1% rule while investing in Southern Ontario and the rent yields south of the border seem to be much more appealing.

I just want to see if anyone has any direct experience working with Elite Invest ( based out of Chicago) and/or Memphis Invest? If so, what was your experience like?

@Roy N. Thank you for all this great information.

Does anyone have any thoughts on real estate in Kingston, Ontario close to Queen's University?

@Francis-Cedric Martel Hi Francis, You said you own rental properties in the US? I was actually quite interested in this topic myself. Just wondering what your experience was like and how tough was it to enter the American market?

@Mark Perry Hi Mark, I am based out of Ottawa myself. I am looking to get into real estate.

Currently considering US opportunities but would like to get started in Canada just because it is in my own backyard. Perhaps we can start an Ottawa real estate investors meetup or something?