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Recent content by CalvinPeters

  1. CalvinPeters

    Feedback on Canada`s Rich Dad - Darren Weeks

    "Is it legal to do this? Probably... Is it moral in my view? Certainly not. There are so many legitimate ways to make money in real estate without ripping off the system...I see no redeeming factors in their offerings. In short, I have removed myself from all their mailing lists. Not my kind of...
  2. CalvinPeters

    Florida Foreclosures Seminar

    Hi Jason, I have bought and sold a "shortsale" home in Floria, we are just about at the end of the first one actually...you are welcome to call me to discuss our experiences if you would like.
  3. CalvinPeters

    Commissions expected?

    as an investor first, I have very many times tried to self-market and reduce commisions to sell my "investments" and maximize returns. It was like talking to a wall, not much response back. I found that if I was to market to MLS, and offer a BONUS commision on TOP of a full commision, the amount...
  4. CalvinPeters

    realtor conflict of interest

    there is a TON of commercial buidlings that never see an advertisement. Commercial is the very difinition of "old boys club" There is a lot of commercial realtors that have their pockets stuffed with listings, that most people will never see, on account of they are GOING TO double end the deals...
  5. CalvinPeters

    Cashing deposit cheque?

    QUOTE (GaryMcGowan @ Sep 19 2010, 03:49 PM) I would say 9 times out of 10 the cheque will get cashed. This eliminates the tire kickers. When selling a property you want to deal with only serious buyers. One technique people use is to place two deposits. One with the offer and the second one...
  6. CalvinPeters

    CMHC Rules - Building Secondary Suite of Primary Residence

    It is of more concern for the lender than CMHC I think. So the correct anwer would be "it depends" It also depends on where you are financially/credit/debt. If you already have the mortgage, you should be able to do what you want with it, rent it or whatever, the problem would come when you...
  7. CalvinPeters

    Credit Checks for Potential Tenants

    I also have been using http://www.tenantverification.com/ for over 4 years and am very happy with the results. In EVERY case I have looked at the "past has determined the future" and I can safely say "every single time I believed one of those incredibly emotional stories of woe (Grandma/Aunt?etc...
  8. CalvinPeters

    WFG - Good, Bad or otherwise?

    QUOTE (housingrental @ Mar 26 2010, 11:42 AM) What does WFG stand for? world financial group
  9. CalvinPeters

    Do many of you provide a washer and dryer

    It is easier to get tenants if you have them installed. Who wants to have to take clothes to the laundrymat? This is about keeping happy renters afterall, if you can get away without it, great...but you can usually pick up a decent used pair for 2-3 hundred bucks that should last a few years.
  10. CalvinPeters

    Analyzing Condos

    QUOTE (ChrisMewhort @ Oct 26 2009, 05:03 PM) Hello fellow REINians,Recently I`ve been crunching numbers on listings and have come up with a few specific questions. One thing to note is that I am focusing on condo`s, so I`m hoping any suggestions of numbers will be with regards to...
  11. CalvinPeters

    From Renting to Owning

    get someone to qualify with you. or for you, you put up the money and he puts up the credit. give him/her enough of the deal to make it worth eveyones time, viola. problem soved. This has been been done many times.
  12. CalvinPeters

    Anybody follow Garth Turner blog ?

    "I was trying hard to stay away from this one, however it didn`t work. I have strong feelings when it comes to this man. Great marketer. He wants to sell books, and he does. Just like people pick up newspapers with the Doom and Gloom headlines. It just sells better. And I agree with Brett, it`s...
  13. CalvinPeters

    The Depreciation Factor!

    "As someone who has a quote from Robert Kiyosaki as their signature, I am shocked you would suggest that." Maybe you dont argue with your accountant as much as I do. (smile) but I would say that the definition of an asset is TOTALLY differant depending on who`s perspective you are getting! (and...
  14. CalvinPeters

    The Depreciation Factor!

    Thomas, if you paid cash for the car, wouldnt it then be an asset?
  15. CalvinPeters

    The Depreciation Factor!

    I think this is the single hardest thing to understand about this whole business...those dang accountants have to make simple things harder I guess. I am still working on getting the full picture, without actually having to become an accountant myself. I believe that they also call this...
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