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Recent content by MONEY

  1. MONEY

    Radical changes coming for CREA

    Here is a link to the Competition Tribunals `Notice of Application`: http://tinyurl.com/yl9gtkp
  2. MONEY

    Radical changes coming for CREA

    QUOTE (RedlineBrett @ Feb 8 2010, 02:13 PM) I would love to explain to forum users that this post above isn`t true at all however CREA would like to continue to be the only body to comment on this issue until either a settlement is reached or there is a ruling one way or the other. Is this what...
  3. MONEY

    Why Am I Having A Hard Time Finding A Property?

    QUOTE (aiden1983 @ Feb 8 2010, 03:51 PM) Wow that is better than I would have ever though for a garage. Is it legal or illegal? Very jealous of your deal . Looks `illegal` to me. And how can he get $2400/month for a single zoned house in Beddington? The `REIN` system in use here?
  4. MONEY

    Radical changes coming for CREA

    QUOTE (RedlineBrett @ Feb 8 2010, 02:13 PM) Just a reminder to all Realtors that use this forum that we have been instructed by CREA not to comment on this issue until the case is resolved. I would love to explain to forum users that this post above isn`t true at all however CREA would like to...
  5. MONEY

    What`s behind the curtain - What due dilligence should be done before signing up for a course?

    QUOTE (EdRenkema @ Jan 28 2010, 08:55 AM) BTW I've gone to the Rich Dad seminar even did the 3 day course, the course was all about upselling but the books and CDs alone were worth the price paid. Some real deals on those Books, CD's, etc on Ebay!
  6. MONEY

    HOUSING PREDICTIONS FOR NEXT 2-3 YEARS

    QUOTE (ThomasBeyer @ Jan 28 2010, 07:17 PM) of course .. why not ? smaller cars .. less imports from Asia due to high shipping costs .. less travel by plane to Mexico, Hawaii, Europe ... less fresh vegetables from Cuba, California or Mexico .. more public transport or this tough one: less...
  7. MONEY

    HOUSING PREDICTIONS FOR NEXT 2-3 YEARS

    QUOTE (ThomasBeyer @ Jan 24 2010, 05:31 PM) glut of oil supply right now .. OECD demand dropping faster than rise in Asia .. strategic oil reserves in US are full .. US $ strengthening for a few month going forward I expect it to hover between $60 and $90 until late 2011 .. then go well...
  8. MONEY

    Is Working This Way With Your RE Agent Possible?

    QUOTE (RedlineBrett @ Jan 24 2010, 03:12 PM) If I am a seller`s agent I won`t speak with the buyer... only the buyer`s agent. I do not want to inadvertently create a dual agency situation and expose myself to the liability of such a scenario without having consent from both sides. So I would...
  9. MONEY

    Real Estate Accountant

    QUOTE (sadatia @ Jan 12 2010, 10:57 AM) Does anybody know a really good real estate accountant. I am just starting out and deciding whether it is better to buy properties personally or through a corporation. Some my properties will be outside Canada. Any help would be greatly appreciated...
  10. MONEY

    GeoThermal

    If you go `Geothermal` you can literally be your own utility company. Therefore you can charge your tenants for heating/cooling just like the current utility company is doing. If you wish, you could also retain this infrastructure should you wish to sell, and then continue billing the new owners...
  11. MONEY

    Having roommates sign a lease

    QUOTE (sstokes @ Dec 5 2009, 12:01 AM) Not sure about Alberta, but in BC if the roommates/tenants share the kitchen and/or bathroom with the owner of the property, it`s considered `shared accomodation` and doesn`t fall under the RTA. So virtually none of the regular rules apply. I just drew up...
  12. MONEY

    Man Buys Condo For $57 Million

    Price means little...what were the TERMS??
  13. MONEY

    Married with this apartment for another 4 years?

    QUOTE (thomasbeyer2000 @ Aug 24 2009, 12:32 PM) Jorge:quite a few options: a) do nothing .. stay where you are and make due .. most places can be made more spacious with creative furniture !! Have you gone to IKEA lately ? They show amazing strategies for entire apartments between 250 and 600 sq...
  14. MONEY

    What is a Good Mortgage to Rent Ratio in Calgary for Investment Property?

    QUOTE (thomasbeyer2000 @ Aug 19 2009, 09:15 PM) Why don`t you tell us a typical example or 2 you have done .. without devulging details on locations !! My thumbnail view of a deal is based on the demonstrated Net Operating Income, NOI. The formula I use to determine my offer price is as...
  15. MONEY

    What is a Good Mortgage to Rent Ratio in Calgary for Investment Property?

    QUOTE (thomasbeyer2000 @ Aug 19 2009, 06:10 PM) less than 10% down .. where is this possible ? 36K / year cash-flow after mortgage payment on a 90%+ levered property ???? HARDLY today in a town with upside .. perhaps from a motivated seller in Windsor, ON or a pulp-and-paper town in BC ...
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