Ottawa Real Estate Investors Organization

The Toronto Investor Forum is April 28-29, 2012 and SDMAC Properties Inc. has some great news for you!

By using the code "SDMAC", you are eligible to register for the Canadian Real Estate Wealth Magazine Investor Forum on April 28th and 29th - http://toronto.theinvestorforum.ca at a specially reduced rate. I have attended the Investor Forum in the past and it is a great place to network, create relationships and to learn more about real estate.

Hi fellow investors. Just a note it appears we will have another fun year financing rentals. We just had two lenders completely remove all stated income programs and one lender remove all rental products.

I expect many more to follow.

Things like this can change very quickly and without notice. If you are sitting on the fence about any refinancing get them underway right now.

Street Capital gave no notice and it was effective immediately. All pending rental applications where canceled.

Firstline removed all stated income, and welcome to Canada programs as well other changes.

Hi everyone,

Just thought I'd post this cool new service site the city
just released. You can do things like:

* pay parking tickets
* report graffiti (on public and private property)
* report road maintenance issues
* report missed garbage pickup (good for when
you're doing lots of renos! :)
and more

All without having to phone the city or wait in line.
Over time, I'm sure they'll come up with even more
new services that can be managed online.

http://www.serviceottawa.ca/en/top/index.htm

Here's the article reported on the CTV website

Hi,

My colleagues own an executive property in Chelsea that has been sitting in the market for a few months. It was appraised at $849,000 and it's listed at $700,000. The realtor does not appear to market it very well.

Does anyone have recommendation for the Chelsea realtor that can do a better job?

Thanks,
L Lee
investpropertyonline (at) gmail.com

I would appreciate if anyone had some suggestions as to when and why to have a non 31-Dec fiscal year end for a new Real Estate Investment Company?

Rob

Syndicate Mortgages In Ontario

A syndicate mortgage is where several investors combine funds together to create one instrument (a mortgage). The investment 'moves' as one funding but each investor is individually registered and secured proportionally. Syndicate mortgages allow you to have direct collateral for your investment and ongoing returns from the interest earned by the mortgage.

How Does Syndicate Mortgages works In Ontario?

Are you looking for an opportunity to invest in real estate without the hassle of becoming a landlord?
Would you like to take control of your RRSP portfolio?

We’re happy to help – here is a quick PDF report that introduces an option for you to consider instead of stocks or mutual funds: RRSP Mortgages.

The report introduces common terms, most frequent questions are answered and a step-by-step guide is presented with contacts to help you get started.

http://madanrealestate.com/wp-content/uploads/2012/01/RRSP-Mortgages-a-M...

Anna Pylypenko

I'm only advertising it to OREIO members since I need feedback from real action takers. It's currently available for a 30 day free trial.

For now you can expect:
- To see an initial list of all the cashflowing properties in Ottawa.
- An updated list of new properties daily (if there are new properties at all).

What is coming up:
- Incorporate your financing style to see exactly your downpayment, mortgage etc. Making it even easier to find properties matching your criteria.

Top 20 Grants & Rebates for Canadian Real Estate

Here is the brief summary of some of programs available for British Colombians.Some of these grants and rebates are available across Canada."It always pays To be informed Real Estate Investor" says Navtaj Chandhoke, founder of Professional Real Estate Investors Group (PREIG) Canada. No matter what, Real Estate education pays.

1. Home Buyers’ Plan (HBP)

"Green" money available until the end of March, 2012

The popular Eco-Energy Retrofit Grant is still available until March 31, 2012. You can access up to $5000 for improvements for energy-saving renovations to your home, but you'll need to act fast. Before you begin work, you must arrange for an NRCan-licensed energy advisor to perform a residential energy assessment of your home.

After the work is complete, a post-retrofit evaluation must be done by March 31, 2012. Full details are available at www.oee.nrcan.gc.ca.

To register, go to http://www.oee.nrcan.gc.ca/register.