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Recent content by Hutchym

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    Canadians Snap Up U.S. Properties

    Hi all, There were a few good articles in the Canadian papers recently on purchasing USA property through REITS. Because Canadians, in many instances, need 50% down for properties in US so many canadians cannot afford. Maybe REITS are a good way to get in on the action. There are a couple...
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    City of Abbotsford Sends Mixed Tax Message With YMCA proposal

    Hi all, I feel extremely underqualified to reply to this post. However, I do have a good counter point for some discussion. I have some personal experience with what exactly it is the YMCA does that many other business's may not do. My wife and I (not married yet, at that time) had...
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    Beginner

    Have you entertained the thought of a University Rental in Windsor? I personally have had success with school rentals in Sarnia, ON. It is a very similar market, unemployment of >8% . There too you can find low cost units (3 or 4 bed townhouses for $75,000). Windsor is even better! It was...
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    To Sell Condo or not to Sell...

    Hello, A co-worker of mine has just sold one his two condos in TO (corner of yonge and shepard). He is hoping to sell the 2nd condo soon. He took the profits off the table and bought a very good value home on the mountin in Hamilton that cash flows, even after dropping rent by 20% discount...
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    Buying with 5% down for a relative or as secondary family home

    Hello, I saw a article in a magazine not to long ago about this strategy. The article basically stated that if you were to purchase a new home to move into and "seriously attempt" to sell your original property you would end up with two homes. However I understand it that you must show that...
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    Thunder Bay

    Hi All, I was in Thunder Bay, Ontario for the last 5 days helping my brother purchase some property. Interestingly enough, he got into a bidding war with 2 other buyers for his new home. At first we were both a little bit confused on "big city" bidding wars in Ontarios fastest...
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    Toronto`s Real Estate Bubble

    Just some Thoughts, If your looking to stay in the market for several years to come, wouldn't it be best to scrutinize your property to be sure that it will cash flow enough during a 20% correction? If the property still flows then a bubble is not so scary. If it is not going to be...
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    Why Ontario real estate prices will FALL to 2014 (except in some very select pockets)

    All, One place in Ontario that may have significant increases in property values over 5-10 years and good cash flow is bowmanville/port hope areas. The planned nuclear station expansion there will create roughly 2500 new full time employment and up to 6000 construction jobs!! These are...
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    Overbuilding

    In Some smaller Ontairo cities (25,000 - 100,000 pop.) you can find great value buys that cash flow significantly easily. These are great RE buys for cash flow. However, there is something that bothers me about these cities. In many rural cities the population is stagnant or falling. Yet, they...
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    Ontario Moves To Cap Rent Increases!!!

    All, I think I am understanding here that rent control is advantageous, as well as a burden in different scenario's. The rent control helps investors working to expand their investments and purchase as it keeps rental prices controlled. Therefore making the investment only...
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    How to attract childless families?

    You could advertise as "low maintenance yard" or something like that. As Greg said be sure to put in another positive such as how its perfect for bbq's. Small yard + low maintenance + great BBQ area (entertaining) = success for young couple! Mike
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    Will the F4 become F4 + W?

    Hi guys, I was asked the other day why anyone would be crazy enough to invest in arizona, nevada, or certain areas of texas based on their possible future water problems alone. Afterwards I started researching this question. As an educated investor one must think about these problems at...
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    Cost of entry into where all the fish are!

    Richard, I have thought about the exact same thing for a couple years. I realized something a few weeks ago, however. We had a community bbq and I had told my next door neighbor I was looking for a partner to invest with and needed the cash. Over the last few months we had spoken about...
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    Europe / US Debt Issues

    A great start would be a two tier, completly seperate public - private health care system. The key would be to create a mandatory public service requirement. Health proffessionals (specifically specialists) must complete a minimum amount of work (hours/patients) in the public system first. Time...
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    First time investor looking for advice

    Hi! It may be worth your while looking into Shelburne, Ontario. Not to sure what exactly the cashflow is like but it is a satellite town just roughly15 minutes north of orangeville which is growing like crazy. Homes in the area are still affordable. My thoughts are that the property value will...
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