Show Posts
1
General / Re: Teaming Up
« on: August 31, 2006, 06:55:46 AM »
I'm interested in "apprenticing" with someone who is investigating/bidding etc.
Basically, my cash flow has been tied up for this year..unless I get creative. This year I paid off my mortgage in Toronto, got married, bought a few acres of land in NB, and left my job to pursue another degree....so I likely won't be buying many properties
My goal would be to learn the ropes in regards to all the facets of making deals like this happen, and also have an excuse to check out properties and attend auctions/sales as a hobby.
As far as skills/experience go...
- A fair handyman, having owned multiple rental properties in Toronto and done most repairs/maintenance myself. Accomplished at landscaping from my NB roots..everything from organic gardening to golf courses
- Familiarity with some of NB since that's where I spent the first 20 years of life
- Some experience in real estate dealing...residential in Toronto, land in NB
- Fair financial acumen , CSC courses , perversely well read on personal finance and personal income tax
- Computer skills...plenty. "Wasted" too close to a decade doing all sorts of crazy things at IBM
Want i want...
Short term:
- Get my hands dirty...so to speak. Would like to follow an experienced person through the process of investigating, visting, deciding to bid, bidding. Willing to lend any of my skills listed above in exchange for the learning.
Long Term:
- Likely implement skills gleaned above in picking up properties in NB, and possibly a cottage lot in ON if I end up staying here long term.
About me:
(Simply to know a bit about where I am coming from financially,etc)
29, Married, Debt Free, Active
Assets (estimates): House 300-350k, RRSPs 80k, savings 30k, house+land in NB??? priceless/worthless since I don't plan on ever selling it
Income: about 60k from various sources until I start my teaching career
Education: Computer Science, Starting UofT in Fall to pursue an Education degree and become a high school math/physics teacher
So as one can see from my financial scorecard I'm pretty house-rich, cash-poor and not planning many large expenses until my teaching career begins at which point all of that would pretty much be disposable income..that will be in a year or two so if some old hand wants to show a newbie the ropes I'm in.
Basically, my cash flow has been tied up for this year..unless I get creative. This year I paid off my mortgage in Toronto, got married, bought a few acres of land in NB, and left my job to pursue another degree....so I likely won't be buying many properties
My goal would be to learn the ropes in regards to all the facets of making deals like this happen, and also have an excuse to check out properties and attend auctions/sales as a hobby.
As far as skills/experience go...
- A fair handyman, having owned multiple rental properties in Toronto and done most repairs/maintenance myself. Accomplished at landscaping from my NB roots..everything from organic gardening to golf courses
- Familiarity with some of NB since that's where I spent the first 20 years of life
- Some experience in real estate dealing...residential in Toronto, land in NB
- Fair financial acumen , CSC courses , perversely well read on personal finance and personal income tax
- Computer skills...plenty. "Wasted" too close to a decade doing all sorts of crazy things at IBM
Want i want...
Short term:
- Get my hands dirty...so to speak. Would like to follow an experienced person through the process of investigating, visting, deciding to bid, bidding. Willing to lend any of my skills listed above in exchange for the learning.
Long Term:
- Likely implement skills gleaned above in picking up properties in NB, and possibly a cottage lot in ON if I end up staying here long term.
About me:
(Simply to know a bit about where I am coming from financially,etc)
29, Married, Debt Free, Active
Assets (estimates): House 300-350k, RRSPs 80k, savings 30k, house+land in NB??? priceless/worthless since I don't plan on ever selling it
Income: about 60k from various sources until I start my teaching career
Education: Computer Science, Starting UofT in Fall to pursue an Education degree and become a high school math/physics teacher
So as one can see from my financial scorecard I'm pretty house-rich, cash-poor and not planning many large expenses until my teaching career begins at which point all of that would pretty much be disposable income..that will be in a year or two so if some old hand wants to show a newbie the ropes I'm in.