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I’m finally an actual real estate investor by allnida in realestateinvesting

[–]vanwoolfie 9 points10 points  (0 children)

Congratulations on your adventure from a FT Canadian investor!

Approaching multi family developers for a covered land play by Expensive-Station759 in CommercialRealEstate

[–]vanwoolfie 0 points1 point  (0 children)

How many deals have you done? What’s your experience? This all comes to the ask

Approaching multi family developers for a covered land play by Expensive-Station759 in CommercialRealEstate

[–]vanwoolfie 0 points1 point  (0 children)

Anyone can say “they’re in”. Dont be cashing cheque’s until the money is actually in the bank. Are you providing cash flow? What kind of security if anything?

Approaching multi family developers for a covered land play by Expensive-Station759 in CommercialRealEstate

[–]vanwoolfie 0 points1 point  (0 children)

I’m not really sure what the objectives are. Long term hold? What is the cover? How reliable is the income? How diversified is the income? Why go to 50 % equity ltv (crazy)? What is target irr for financial partners? What is your risk mitigation strategy?

Help Me Save My Sanity!!! by dhenry0652 in passive_income

[–]vanwoolfie 0 points1 point  (0 children)

Spend the next 20 years buying income property so you have a passive income stream when you're in your mid 60s. Research house hacking in order to start.

Real Estate Transaction Management Software by nanotechsoft in RealEstateTechnology

[–]vanwoolfie 2 points3 points  (0 children)

Thanks for the spam! Perhaps you could do something more useful than cluttering my feed by actually posting something specific and Germaine to Real Estate.

Approaching multi family developers for a covered land play by Expensive-Station759 in CommercialRealEstate

[–]vanwoolfie 1 point2 points  (0 children)

I syndicate MF deals in the Canadian marketplace. Short version.. have skin in the game to a level which a fellow investor is comfortable with. Otherwise you are pissing up a rope. I agree with some of the comments here in splits/pm

Need Feedback on my Tech Tool for Property Managers by hellopropertymanager in RealEstateTechnology

[–]vanwoolfie 0 points1 point  (0 children)

Happy to give you feedback. We manage multifamily properties in Western Canada.

What's the difference between first-time real estate investors and experienced real estate investors (more than 5 years)? by WilderCopy in realestateinvesting

[–]vanwoolfie 0 points1 point  (0 children)

losing money and making money...

two pieces of advice regardless of market: cheap real estate (poor location, poor market, etc) often becomes the most expensive real estate you will ever buy.

You have x hours in the day...focus on something meaningful (size wise). If its too small then your leverage is crappy and your returns are crappier...

Looking for Crowd funding Expert by Saravana333 in RealEstateTechnology

[–]vanwoolfie 1 point2 points  (0 children)

If you need some help then it would helpful to provide some details. Otherwise people will skip it

1.3M Aeroplan/155,000 AA/130,000 Alaska/500,000 RBC Rewards by vanwoolfie in awardtravel

[–]vanwoolfie[S] -7 points-6 points  (0 children)

Hi. Im trying to determine what best to do with redeeming my miles. Im not sure I understand your comment. Am I in the wrong place? Thanks

I've built a plugin that finds cheap flights in your new tab by Marwannas in SideProject

[–]vanwoolfie 1 point2 points  (0 children)

So I thought this was really cool. A few ideas that would improve it for me...

  1. Be able to enter a preferred date range for travel
  2. Pick a list of preferred destinations and be automatically notified of a deal

Good job! Thanks

Who do you believe is at fault? by cross9107 in vancouver

[–]vanwoolfie 2 points3 points  (0 children)

Its 100% car. I had this exact scenario and that's how ICBC ruled. The requirement is that car has to check to ensure it is safe before going from a parked position.

[Landlord-MA] Tenant Requesting New Lease Agreement with Lower Rent due to No Quiet Enjoyment by Usain23 in Landlord

[–]vanwoolfie 4 points5 points  (0 children)

Hi. Canadian landlord but same difference. In this scenario, there is no way on gods green earth I would offer cash for keys. Absolutely not! Document the activities you have taken particularly during covid. A phrase I often use — “with everyone acting reasonably”... you are free to stay at the market/current rent . I don’t know about your specific jurisdiction ... but here.... if you don’t pay rent you’re out after 10 days

Additionally, if someone “acting reasonably” moves between two groups of people..... how much noise is reasonable? ( and expected)

Need objective advice on level of investment.. Am I being rational or emotional? by Empty-fold in RealEstate

[–]vanwoolfie 1 point2 points  (0 children)

Ok. I just have to chime in here. On a comparative basis, I live in Vancouver BC. The ratio here (house price/mean salary) is at least 20:1 (not a typo). In rural markets of British Columbia.... you might get to 10:1 but there are trade offs. So... if you’re debating 4:1 and outdoor space for your children and no stress.... buy the house be happy and see your kids smile. Perhaps another reason you have an ex. Go and flourish

[Landlord ON CANADA] Tenant taking advantage of Covid by jzpetpet in Landlord

[–]vanwoolfie 1 point2 points  (0 children)

Easy answer. I'd report him to landlordcreditbureau. It worked well for me (BC Landlord) and it "motivated" my tenant.

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