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Real Estate Investing in Canada: Creating Wealth with the ACRE System [Hardcover] Don R. Campbell (Author)
Chapter 1: Your Real Estate Success Road Map.
- xvii: get free cd registering your book at http://www.reincanada.com/
Chapter 2: Flight from Nowhere.
Chapter 3: Your Own Personal Belize.
- 22; sell your house at nearing peak price using ACRE
propertyanalyzerform
Ultimate_Bank_Application_Template
- 23; make your vision
Chapter 4: Th e Four Most Important Words in Real Estate Investing: "What's Behind the Curtain?"
Chapter 5: How to Tell If a Town Will Boom or Bust: The 12 Keys That Unlock the Vault.
- 수동요소; 낮은 이자율, 평균이상의 소득, 높은 인구증가, 풍선효과, 기업친화정책, 교통망확충, 지구개선은 가격을 상승시킨다
- 능동요소; 최유효 이용, 쪼개팔기, 효과적 마케팅, 리노베이션, 투기는 투자자의 노력으로 가격상승이 가능하다.
- 39; low interest rate add the value of the property and more mortgage
- 40; the most important factor is increase in average incomes in that area
- 41; increase in income of retirees is low which make value low
- 42; housing affordability index available in http://www.rbc.com/economics/ could be used for overpriced house
you must select an area with or less than 33% of pre-tax income
- 43; 중심지가 오르면 주변부도 6개월정도의 시차를 가지고 중심부보다는 작은 가격상승이 발생힌다.
- 45; business frendly is important such as ON(barrie, orillia, tri-cities), BC(abbotsford, kimberley, Ft. St. john)
- 47; buy after start shoveling for train or road
- 48; buy a property in transition area which is mixed of older cars and new
- 50; select some property which is not used in highest and best yet
- 51; if bylaws allow, you could maximise income by renting by room to students in university area. also detached garage could be rented out seperately with non residential lease whcih has more freedom
- 54; use classified ad secrets at reincanada.com
Chapter 6: Property Goldmine Score Card.
- 60; 항상 스코어카드를 가지고 다니면서 평가하고 시청의 개발부서에 질의하라. 시청 홈페이지와 주정부 홈페이지를 비교하여 적정성을 담보한다.
Chapter 7: Skipping Stones to Success.
Chapter 8: Not Any Port in a Storm: How to Find the Best Properties in the Best Areas.
Chapter 9: The Property Analyzer Form: Where the Rubber Hits the Road.
- 82; rent a garage for $50-300 a month and make it renewal in the winter
- 83; ask questions to know motivated or not
why are you selling? tell me more. it sounds interesting.
how long have you owned the property?
when do you have to move?
would you accept a full-price offer if it worked for me/the pruchaser as well?
can I/my client ee it tomorrow at 7 am?
- 86; use 사진150712_001-2
Chapter 10: Below Average or Super Successful: You Choose!
- 96; use propertyanalyzerform
- 99; use market rent utilizing paper at liblary
- 101; 지역별 차이는 있지만 보험료는 연간 600불내외
- 102; ask next year's tax at city hall
- 103; use 4-10% management cost and double market vacancy rate
- 104; maintanance cost would be 3-5% for great condition and 8-9% for rough condition
- 105; use online mortgage calculater at http://www.reincanada.com/
- 108; legal cost would be $1k, land tranfer tax upto 1.5%. you need prepare 1 month's rent for o/c
Chapter 11: Placing Your Off er and Getting It Accepted.
Chapter 12: Getting Your Banker to Yes!
- 127; 매수자는 남편/부인 혹은 지정하는 인으로 해야 법인을 하거나 한 사람이름으로 해도 문제가 없다.
- 128; make an initial deposit $1k and additional after removing conditions
- 130; add specific items like remote control of garage. using a separate schedule is a good idea for a part of offer
all attached and unattached goods to be in good working order at closing
all attached and unattached goods as seen and photographed on (inspection date)
- 132; add a condition of satisfactory to the buyer on financing. for small properties, 21 days will work.
- 133; add additional clauses
seller to remove the 3 vehicles on the property on or before closing
seller to provide all existing leases and tenant confirmations within 14 days of acceptance
seller to provide confirmation of new roof within 14 days of acceptance
seller to provide copy of current valid condo reserve fund study acceptable to the buy's lending institution
- 135; provide 2 offers at the same time to seller could select
Chapter 13: Seven Winning Strategies for Getting the Financing.
Chapter 14: From Corporate Job to Successful Real Estate Investor.
- 150; if possible, select semi-mothly paymet isted of mothly
- 153; ask for a rate reduction. they usually cut .25 - .75% for just askig(for PLC upto 2%)
- 154; secured/usecured PLC rate is prime+1/4 for $600/0 legal fee. ask to get grat
- 163; calculate GDS/TDS before visitig bak
GDS = (motly mortgage+property tax) / mothly icome <= 32%
TDS = (motly mortgage+property tax or ret+credit paymet+loa paymet+etc) / mothly icome <= 42%
- 165; if you have more tha 3 properties, baker ca delete whe those properties have 110% for ret / (motly mortgage+property tax+codo fee)
- 166; check your credit bureau report before meetig with baker at http://www.consumer.equifax.ca/home/en_ca
- 167; check beacon score at equifax
- 179; use bank approved appraisers when possible
Chapter 15: Negotiating Secrets of the Overachieving Investor.
Chapter 16: Th e Big Close?A Day of Reckoning.
- 201; 협상을 잘하기 위해 목표를 정하라. 단순히 가격만 정하지 말고 시간이나 지급조건 등을 추가하여 주고 받을 수 있도록 한다. 그리고 이에 근거하여 협상계획을 작성한다.
- 203; 상대가 원하는 이유를 파악하고 만족히키도록 하자. 미리 세입자를 구하게 도와주거나 리노베이션 계획을 할 수있게 하는 것은 사례중의 하나다.
- 204; 동의하냐는 질문을 반복하라. 작은 것부터 시작하여 계속 동의하게 하는 것은 관성의 법칙상 유효하다.
- 206; silence is golden when you're in doubt
- 207; 의사결정자가 참석한 상태로만 협상한다.
- 212; download 18 rules for street-smart negosiation
Chapter 17: What Becomes of Richard and Emma? ?Canadian Success Stories.
- 216; download the secrets of landlording
Chapter 18: Your Personal Action Plan.
Table of Contents
Foreword.
Introduction.
Chapter 1: Your Real Estate Success Road Map.
- xvii: get free cd registering your book at http://www.reincanada.com/
Chapter 2: Flight from Nowhere.
Chapter 3: Your Own Personal Belize.
- 22; sell your house at nearing peak price using ACRE
propertyanalyzerform
Ultimate_Bank_Application_Template
Chapter 4: Th e Four Most Important Words in Real Estate Investing: "What's Behind the Curtain?"
Chapter 5: How to Tell If a Town Will Boom or Bust: The 12 Keys That Unlock the Vault.
- 39; low interest rate add the value of the property and more mortgage
- 40; the most important factor is increase in average incomes in that area
- 41; increase in income of retirees is low which make value low
- 42; housing affordability index available in http://www.rbc.com/economics/ could be used for overpriced house
you must select an area with or less than 33% of pre-tax income
- 45; business frendly is important such as ON(barrie, orillia, tri-cities), BC(abbotsford, kimberley, Ft. St. john)
- 47; buy after start shoveling for train or road
- 48; buy a property in transition area which is mixed of older cars and new
- 50; select some property which is not used in highest and best yet
- 51; if bylaws allow, you could maximise income by renting by room to students in university area. also detached garage could be rented out seperately with non residential lease whcih has more freedom
- 54; use classified ad secrets at reincanada.com
Chapter 6: Property Goldmine Score Card.
Chapter 7: Skipping Stones to Success.
Chapter 8: Not Any Port in a Storm: How to Find the Best Properties in the Best Areas.
Chapter 9: The Property Analyzer Form: Where the Rubber Hits the Road.
- 82; rent a garage for $50-300 a month and make it renewal in the winter
- 83; ask questions to know motivated or not
why are you selling? tell me more. it sounds interesting.
how long have you owned the property?
when do you have to move?
would you accept a full-price offer if it worked for me/the pruchaser as well?
can I/my client ee it tomorrow at 7 am?
- 86; use 사진150712_001-2
Chapter 10: Below Average or Super Successful: You Choose!
- 96; use propertyanalyzerform
- 99; use market rent utilizing paper at liblary
- 102; ask next year's tax at city hall
- 103; use 4-10% management cost and double market vacancy rate
- 104; maintanance cost would be 3-9%
- 105; use online mortgage calculater at http://www.reincanada.com/
- 108; legal cost would be $1k, land tranfer tax upto 1.5%. you need prepare 1 month's rent for o/c
Chapter 11: Placing Your Off er and Getting It Accepted.
Chapter 12: Getting Your Banker to Yes!
- 128; make an initial deposit $1k and additional after removing conditions
- 130; add specific items like remote control of garage. using a separate schedule is a good idea for a part of offer
all attached and unattached goods to be in good working order at closing
all attached and unattached goods as seen and photographed on (inspection date)
- 132; add a condition of satisfactory to the buyer on financing. for small properties, 21 days will work.
- 133; add additional clauses
seller to remove the 3 vehicles on the property on or before closing
seller to provide all existing leases and tenant confirmations within 14 days of acceptance
seller to provide confirmation of new roof within 14 days of acceptance
seller to provide copy of current valid condo reserve fund study acceptable to the buy's lending institution
- 135; provide 2 offers at the same time to seller could select
Chapter 13: Seven Winning Strategies for Getting the Financing.
Chapter 14: From Corporate Job to Successful Real Estate Investor.
- 150; if possible, select semi-mothly paymet isted of mothly
- 153; ask for a rate reductio. they usually cut .25 - .75% for just askig(for PLC upto 2%)
- 154; secured/usecured PLC rate is prime+1/4 for $600/0 legal fee. ask to get grat
- 163; calculate GDS/TDS before visitig bak
GDS = (motly mortgage+property tax) / mothly icome <= 32%
TDS = (motly mortgage+property tax or ret+credit paymet+loa paymet+etc) / mothly icome <= 42%
- 165; if you have more tha 3 properties, baker ca delete whe those properties have 110% for ret / (motly mortgage+property tax+codo fee)
- 166; check your credit bureau report before meetig with baker at http://www.consumer.equifax.ca/home/en_ca
Chapter 15: Negotiating Secrets of the Overachieving Investor.
Chapter 16: Th e Big Close?A Day of Reckoning.
- 206; silece is golde whe you're i doubt
- 212; dowload 18 rules for street-smart egosiatio
Chapter 17: What Becomes of Richard and Emma? ?Canadian Success Stories.
- 216; dowload the secrets of ladlordig
Chapter 18: Your Personal Action Plan.
Appendix 1: Checklists.
Due Diligence Checklists.
Property Analyzer Form.
Appendix 2: Canadian Real Estate Glossary.
Real Estate Investment Network.
Acknowledgements.
Index.