Wednesday, March 31, 2010

Successful Meeting!

Hi Greg,




Thank you for taking the time to meet with us last evening. It was a pleasure meeting you. We appreciated the time you spent with us and the information you provided, and we left your office feeling like we'd taken a giant step in the right direction!



We look forward to meeting with Lilianne and Kash, and proceeding from there. Thanks again!



Cheers,



Jennifer and Mike

Tuesday, March 23, 2010

Updated Multifamily (apartment) Income Properties

For those seeking cash flow, I have started my bi-weekly cash flow properties list.  These properties are cash flow generators that will give you a good monthly income. 



Friday, March 19, 2010

Signals that rates are rising in July ?

CPI numbers out this morning, and they are higher than expected, this could put pressure on Bank of Canada to raise rates.  Their message has remained steadfast that rates will be held at their current points until July 2010 (end of the second quarter).  I would suggest contacting your financing representative to discuss their vision of future rate increases.

Some of this upward momentum is attributed to the Olympics.  The remaining upward movement is due to gasoline price increases.  With HST, gasoline is predicted to crest $1 per liter.
 
In Ontario, prices rose 1.8%. This was due primarily to higher prices for gasoline, passenger vehicle insurance, and the purchase of passenger vehicles. Downward pressure came mainly from the shelter and clothing and footwear indexes.

Tuesday, March 2, 2010

Life changing experience in just 2 years!

Hey Greg,


just a quick note to say we have rented Loretta and we did get our $1800 a month. So now with our two condos and two town houses rented and closing one more next week and once it's been rented I guess we are just about ready for our next new adventure.

Wow 4 rented units and it only took me 2 years to finally pull the tigger on the first purchase..:) But we are sure glad we started this venture and we are equally glad we are going to continue to grow...before long we'll blink an eye and our portfolio will start to look like yours. What do you keep saying - PASSIVE INCOME PASSIVE INCOME...

Talk to you soon,

Brian and Lyn

US opportunity

13614 W Solano Drive


Litchfield Park, AZ 85340



4 bed, 3 bath

2030 sf

built 2002

2 car garage

pebble tech pool with water fall

backs to Dreaming Summit park/green area

Need no rehab



This home is in mint condition and is located in gorgeous Dreaming Summit in Litchfield Park. The backyard is resort like and backs to a park/green area.



The current occupants are willing to sign a new lease for up to two years at $1275/mo. This is the perfect buy and hold deal because I think there is a lot of upside with this home. Sell in 2 to 3 years and make lots of money!

Check the house out here

PRICE $125,000