Hello Albainstar: What is your thought on whole life policy as a complement to our term life policy which was bought 5-6 years ago . Our financial planner bought an insurance agent who suggest whole life policy to pay for additional capital gain tax as our asset's value grow, and an...

Well said and put together in such a convincing way. Couldn't say it better myself. Thanks for sharing!!!!!!

Thank You Thomas for your insightful questions that I should ask. From their most recent brochure (as for July 31,2013), they have 2 delinquent loan out of 160. Average loan size is about $63,000 and the total L-T-V is 76% Would that be an acceptable portfolio? Thanks again.

Hello there: Did anyone have any experience with this company Ginkgo Mortgage Investment Corp.(MIC), and can share your thoughts. Thanks in advance.

Hi Michael: Please send me a copy of the spread sheet as well to [email protected]. Thanks in advance.

Thanks Greg. That was our position before. Perhaps there are quite a few selections for the renters to choose, that why we are looking into this alternative . Secondly, I've found that the key is to look for the good pet owners first, then the type of pets (ie. cat/ dog) to be allowed...

I am looking for some advice regarding the choice of pets to be allowed in my rental unit. I have just completed a transaction on a 2 bedrooms unit in a new hi-rise building. The property manager asked me if I allowed pets, if not, then i may exclude a certain segment of the renters, possibly...

A few quotes that help me are as follow: "The problem is not that we aim too high and miss, its when we aim too low and hit " "Do not mistake movement for achievement, Do not major in minor things" " If there is no enemy with-in, the enemy outside can do you no harm" and Finally "...

The general area outlook is promising, just as Don Campbell has mentioned during the meeting. Besides, being #1 spot in B.C. and #4 in Canada is a good reason to look seriously into . Right now, Richmond and Van. West Side has stole the limelight, but wouldn't be too long before Surrey will...

QUOTE (bizaro86 @ Dec 16 2010, 03:19 PM) If they are interested in doing a creative deal, I would try to extend the amortization of their mortgage to bring the payments down, and then offer it as an assumable mortgage with a low cash requirement, or as an agreement for sale. A 35 year mortgage...

Hi there: My friends are facing a divorce and will have to sell their investment condo in New Westminster ,BC. They bought this 2 bedroom 2 years ago brand new. The tenant has just give notice and the unit is now vacant. Given the time of the year now, the pricing tends to be soft. On...

Hi Andy: Thanks for your response and words of encouragement! Especially at 3 am in the morning?! I hope you don`t have insomnia or something like that. About the R/E game you mentioned, is it suitable for teenagers , especially with their short attention span! Is it easy to...

Its amazing that there are so many of you guys are "tent-makers" and have a ministry on the side. I am also blessed with joining REIN on and off since the early 90`s til early 2000`s and rejoin recently. I have been blessed with all these mentors/ speakers who share their "secrets" without...

QUOTE (larolargo @ Dec 8 2010, 08:22 PM) What do you guys do when you come across a good deal but it is rental restricted? Do you buy anyway and try to sell for cash or seller financing? Since it`s rental restricted you can`t do RTO, right? I would stay away from it as it defeat my purpose as...

Thank you all for your input. This forum is so vital to all investors that this is the best source to learn and save money. Real Estate investing can be very profitable if done correctly. But the cost can be just as high if we are not careful. Thanks again!

Hi : I need some clarification regarding this principle residence question. Some one asked me that if they moved into a new home in Oct. 2009 and attempted to sell their former (vacant) home un-successfully for over a year. Does the capital gain tax apply if the home was sold after...

Hi there: Any one have recommendations for a Fee base only financial planner in Greater Vancouver area will be much appreciated. Preferrably someone that have Real Estate investment himself/herself so that S/he can understand our thinking process. Thanks in advance David C.