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Thanks for the insightful video! Cann you transfer title ownership while there's existing mortgage charge on title? How does lender usually react?

Realtors tell you its a great time to buy, no matter how bad the market! They are all just looking for their commission!

This is great!

Should you not be INC from the get go? 1 lawsuit you could lose everything including your resident home, you are not protected.

Good things and bad things. Overall, expected by our clients. Not good news for skilled experienced investors.

It’s really an opportunity for the change in sentiment as we officially enter the rate cutting cycle, however gradual.

I have a work permit but I am not a permanent resident, can I buy a mobile home

I used to agree with a capital gains tax here in New Zealand because as a home owner I thought it was fair to pay tax on money I had gained, especially being gained on something non-productive and possibly speculative. I no longer hold this view. A. A person, couple or family's home is a necessity and was never intended to be productive. B. The gain is not realized until the property is sold but what if you are forced to sell at a loss? Is there a rebate, compensation or anything that recognizes a loss of capital gain? No... therefore it's a firm NO, to a CGTax from me. Hey! and what about inflation! Inflation is caused by the govt. printing and/or borrowing money and this erodes the value of money, meaning houses are forced to rise in cost to adjust for the erosion in the value of money!

The info is good the audio in this is awful get some sound dampening panels, damn

Question: What if parents die and house and money is left for the 2 kids. what taxes will have to be paid once the house is sold?

you were so wrong!

This is house flipping not wholesaling

Many investor/landlords made their purchases based upon low mortgage costs which they assumed would never increase upon renewal. Many assumed the market value of their condo would always rise. Some wrongly assumed basic human decency in their prospective tenants and screened them inadequately. Many simply hoped for the best. But most of all, every landlord, big or small, rich or poor, made one huge mistake: THEY ASSUMED THE GOVERNMENT (THROUGH THE LANDLORD TENANT BOARD) WOULD FUNCTION EFFICIENTLY IF SOMETHING WENT WRONG. Through bitter experience they learned that the government agencies are utterly incompetent. Now they are on their own, scared, broke, and disillusioned, angry with their tenants, but DISGUSTED with their own government...and I don't blame them for that.

Denzel Washington once said, “If you don’t read the newspaper, you’re uninformed, if you do read the newspaper, you’re misinformed.”

I am slowly selling my income properties in part because of the RTA AND LTB. They will likely be off of the rental market. Fewer units, higher rents and large powerful corporate landlords.

Great Great videos, but please, your camera does not need to show your feet.

Do you still make videos

Another very informative episode fellas. Thanks for all the help in navigating the CMHC policies.

Thanks

This video aged like milk.

🔥🔥🔥 Thanks for updating us

Most informative video on B lenders I’ve seen on CZcams! Great job guys.

This answered many of my questions, do you offer consulting?

Very informative video. It helped me to figure out my smart goal through real estate

Rules not good for short term investors but not so bad for longer term investors and regular tenants/ buyers

Thank you for great content on multifamily, CMHC

Are you happy with yourself? I know what you did. All I have to say to you sir is sow and you shall reap. May Stefan haunt you for the rest of your life. Murderer! You're a murderer!

Website doesn’t exist.

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Getting into real estate just isnt3 that easy though. If I buy a duplex and the other units sit for awhile don't I still have to pay on all 4 monthly ?

"Sellers are looking at the market like she's looking at the hot sauce" Dude... She's not looking at the hot sauce. Investors/realtors and reality: never the twain shall meet.

Since the start of the pandemic, rents have gone up across Canada (and beyond) by over 50%. Thoughtslime was much too generous about the character of landlords: y'all are leeches, just sucking money out of people who actually work. (No, they haven't gone up for the tenants who have managed to stay in their own rental over that period of time, because there's laws against that. But the monthly on a new-to-you rental has SHOT up over the last 4-5 years, entirely disconnected from interest rates, inflation, or any other bullshit that landlords spout.).

Should we need to incorporate a separate company to start investing in multi family units ?

Can you explain the last part. So you refi for 160k and you use that to pay off your initial investment for 150k. But isn’t there a penalty to pay that 150k in one go? Is that 150k a loan? Mortgage? Then in terms of repeat, you now have 9k of new capital in the end. How do you repeat with only 9k? You talk about the addditional 40k but that’s in the house. You can’t cash that out.

Can you explain the last part So you refi for 1M. How do you pay off that initial 870K. Isn’t there penalties to pay it all off in one go assuming it’s a mortgage? And then how do you repeat? By the r time you pay off your initial 870k loan and 100k Reno. There’s no remaining capital to repeat? Please show more numbers and examples.

Great video. Can you clarify the CMHC take out on new construction is up to 100% of cost with standard and 95% of cost with MLI?

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A one bedroom, one bath and a two bedroom, one bath aren't the same construction price per square foot.... Yes you have to pay for more foundation, roof, lumber, drywall, insulation, windows, doors and electrical (wire and fixure only) but but your major expenses bathroom, cabinets, plumbing, appliances, major electrical you pay nothing extra. And you'll only be paying 20% maybe less of the other material cost for the second bedroom....

🔥🔥🔥 We miss ya Matt! Hope all is well

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In Ontario it takes 15 months to have a eviction hearing!

"Projection in rent is going to make or brake the deal".... Im out

As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant Layla Torres

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Problematic location. Historically and relatively currently. There are lots of things to think of but these places do not look like ‘fun ride’, at least to me…

I’ve been screwed around by the LTB for over 2.5 years. The living hell they put me through is unbelievable. Needed to take a drastic measures and pulled the plug on this BS system. So I changed the locks now they can chase me. And the worst part is the tenant hasn’t been in there for over a year and a half. What a joke.

Can you guys assist me with a multifamily in Dallas that I'm assigning directly to the co - owner / Broker

I've taken advantage of HELOCs on all of my properties starting with my primary residence. It a modified BRRRR strategy but instead of the refinance I use my HELOC then slowly pay it off with my cash flow it leaves me with access to capital anytime I want and I have the minimum amount of debt at all times because I'm not sitting on large amounts of cash after a refinance.

You can't build a basement but you have dig down 5-6 ft for the frost line?

The Jews got him can’t talk about how evil they r.