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  1. T

    5 BR Detroit Manse, $8995

    Did you check the taxes? The place sells for $9K, and the annual taxes are > $3K! LOL.
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    U.S. Economy: Housing Prices Collapse at Near-Depression Pace

    http://www.bloomberg.com/apps/news?pid=206...&refer=home Dec. 23 (Bloomberg) -- Sales of single-family houses in the U.S. dropped in November by the most in two decades and resale prices collapsed at a pace reminiscent of the Great Depression, dashing speculation the market was close to a...
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    Problem Tenant? Or New Problem Tenant?

    This story illustrates why one should always have a well-stocked reserve fund - it gives you a lot more options.
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    Templeton`s Rules of Investing

    QUOTE (DragonflyProperties @ Jul 17 2008, 02:56 PM) An investor who has all the answers doesn`t even understand all the questions;Amen!
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    rates... go long fixed or short variable?

    QUOTE (thomasbeyer2000 @ Jul 3 2008, 11:36 PM) yes .. in theory .. but then we have huge inflation and huge rental increases too ! I was under the impression Ontario`s policy limited how much one could increase rent - which could put a landlord in a world of hurt in a transition from a low to...
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    rates... go long fixed or short variable?

    QUOTE (thomasbeyer2000 @ Jul 1 2008, 08:06 PM) hard to say exactly .. let`s assume break even or slight positive cash-flow @ 5% mortgage .. at the very least 3 months mortgage payments .. better 6 so you can sleep at night if there is a vacancy or the boiler breaks down .. or ability to hold...
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    rates... go long fixed or short variable?

    QUOTE (thomasbeyer2000 @ Jun 29 2008, 11:46 PM) yes .. go variable .. but have a reserve .. and save in the long term !! How big of a reserve would you recommend?
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    rates... go long fixed or short variable?

    QUOTE (thomasbeyer2000 @ Jun 28 2008, 12:44 PM) if you or I knew that .. we`d be geniuses .. sought out by central bank`s and economists the world over .. and would sit on our own private beach ! Hey, I`m all for that! QUOTE (thomasbeyer2000 @ Jun 28 2008, 12:44 PM) another option is a...
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    rates... go long fixed or short variable?

    I agree on the variable being lower than a fixed rate mortgage. My question would be - what is the highest rate one could expect to see from the BOC going forward based on the fundamentals? Put another way, how much "cushion" should one plan in their property purchase / rental in order to make...
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    Stuck in Probate

    QUOTE (markbrad @ Jun 16 2008, 12:52 AM) My lawyer says I have no legal obligation if they can`t meet our closing date. I see my options are to walk, to try and renegotiate a better price (my realtor says there is still a back up offer in place) or just ammend the closing and stay with it...
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    Mortgage Rates

    QUOTE (investmart @ May 27 2008, 08:36 PM) A basic rule in economics says the higher the risk the higher the expected gain (otherwise no one would take risks, right) On this topic, I`d refer the readers to the book "Just One Thing" edited by John Maudlin, in the chapter where Ed Easterling...
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    The world 2010....a different perspective!

    QUOTE (stocdavw @ May 7 2008, 11:41 PM) What will it take to bring oil down? Only 2 possibilities: 1 governments will legislate oil out of existence (ha,ha). Most governments couldn`t legislate their way out of a wet paper bag. 2. Oil will become uneconomical to use compared to alternative forms...
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    The fall of an Empire?

    Why wouldn`t you invest in a commodity that`s had the kind of returns that gold, silver, and other precious metals have since 2000?
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    Paying spouse and children

    As long as you pay them the market rates (ie, don`t pay them $1000 for something you`d only pay someone else $100 for) and do all the normal tax with-holding, etc. then you`ll be fine.
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    Excellent tenant can`t afford rent increase - what to do?

    QUOTE (thomasbeyer2000 @ Feb 22 2008, 04:51 PM) One option is to open a charity or partner with a charity. You rent "at market" .. say $800 for a 1BR .. and the charity subsidizes it by $200 .. and you charge $600 to the tenant and $200 is paid by the charity to you .. then at least the $200...
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    Rich Dad Poor Dad

    QUOTE (Phantomtib @ Feb 7 2008, 06:02 PM) then in the last 45 minute the speaker decides to break from the program and squeeze the section on Corporate structure and asset protection in before the end of the day... This was one of the main reasons I paid for this course so i was pissed that he...
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    Does it make sense to offer a tenant money for providing post dated cheques?

    QUOTE (investmart @ Feb 15 2008, 08:30 PM) ps. I understand I also have the option to ask him to deposit the amount into my account or to suggest that I use electronic fund transfer (EFT) but I actually prefer not to provide him with my bank account information and EFT is around $40 a month -...
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    Did anybody seen this article? Betting the House

    Here`s another questionable web site: http://www.youwalkaway.com/
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    High End Flip/Reno - ContractorInvestor split info

    QUOTE (DaCreator @ Jan 11 2008, 10:57 AM) I`m looking at a long term investment and although I would like to come out on top with some good cash, I`m aware that the deal could be a waste of time and I will make nothing. If at worst scenario I only get my investment back, then at least I have...
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    Acquiring Real Estate Strategies

    QUOTE (UTCVenturesLtd @ Jan 11 2008, 02:10 PM) There have been a good number of viewers to my post now and no other responses to either post that i have made. It appears that the users here are transient ones in search of a tip as you suggest and that the best way to move forward will be by...
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