real-estate Archives - Ravi Desai

>Property 2: Oshawa

>MLS #: E1772676 on www.realtor.ca. Sale price of $70,000. 2 bedroom rental prices according to www.viewit.ca: $745/mth and up. Financials Upfront costs: Down payment: $17,500 (I’ll just use 20% downpayment from now on due to the change in the rules for government-insured mortgages) Land transfer tax: $425 Income: Rent: $700 (Lets go below the market […]

>Property 1

>So right now the plan is that I save up as much money as I can, and put up an emergency fund. Eventually I want to own a business, and right now I think that business would be in real-estate. I’m not an imaginative person, so I’ll just use the Monopoly formula that is explained […]