QUOTE (Brit @ May 29 2010, 09:22 PM) My question to the collective wisdom that reads this site is; "Should I sell the property now and use the equity to invest in better cashflow properties elsewhere?" Hello Brit, I think you answered your own question. If the primary reason to have...

QUOTE (addbo @ Aug 31 2010, 07:52 PM) Hmm... thanks for the reminder =) Haven`t looked up CMHC reports for a few months. You can subscribe to them. Each time CMHC publishes their report you get an email with a link. It works like a charm and it`s FREE! Hope this helps... Alan

QUOTE (Mrubas @ Aug 23 2010, 06:55 PM) Thanks for your reply, the one in Port Moody is across the street from the water and park but no ocean view but with a greenbelt view. What are you thoughts on Langley? And condo versus home? I mainly would like the rent to take care of the mortage but am...

This is a great post Wade. I believe in the "client" approach as I practice it whenever possible. Thanks for sharing. Alan

QUOTE (MadisonNorton @ Aug 23 2010, 08:51 AM) Alan, Thank you very much for bringing that to our attention. I can appreciate the fact that you would only want to see tha banner once, and we have no intention of annoying our forum members with unwanted ads. I`m going to let our IT department...

The special offer banner for "Your FREE top Canadian Investment Cities eBook" cannot be hidden with Safari. It appears and covers the forum posts and replies. Its very annoying... Please remove it or fix it so that it works with Safari.

I`d be interested to know how your experiences have been with your REALTOR when dealing in buying your investment properties. What specific qualities did you look for when deciding to add a certain REALTOR to your team? What did your REALTOR do well and what did you wish they could have done...

Suggest you contact a building inspector who can come with a moisture detector and run it along the entire wall to pinpoint the source of the moisture. It could be a leak from anywhere that is making it`s way to your crown moulding (no pun intended) It is most likely a bathroom or kitchen...

In BC the approved reasons for ending a residential tenancy can be grouped under the following headings: -Non-payment of rent (self explanatory) -For cause (unpaid security deposit, subletting, illegal activity, etc.) -Landlord use of property (renovating where vacant possession is necessary...

Insurance rates will differ from province to province and from one property to another. The key is that you have the right insurance for your needs. I suggest you get at least three quotes from different insurance companies or even insurance brokers. It`s important that you disclose exactly...

TD CANADA Trust let me renew 6 months earlier than the end of my term without any penalties. The only condition: as long as I would renew with them. So perhaps you only have 18 months left in your term? Ask BMO.... Alan

QUOTE (ThomasBeyer @ Aug 12 2010, 08:07 AM) it is .. the question is: how many months a year do I want to stay in Maui .. and even if 3 month or so: buy or rent ?!?!?! In other words: will the potential value upside offset the required carrying and opportunity costs ? Aloha, Prices are...

Unless the forestry sector turns around Prince George is a tough market. Vacancy rates are very high compared to other BC towns. I have a colleague who owns two rental properties and he can`t get them rented or sold. Unless you are willing to buy and wait for a turn around I would invest...

If Maui is on your "Vision Board" or it`s your "Personal Belize" then buy. If it`s not then just rent... Alan

I would pick the second property as it provides some diversification by including commercial space and because commercial leases typically run for 5 years at a time. Commercial also require less maintenance as the tenant is responsible for just about everything. That is just my take on it...