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QUOTE (invst4profit @ Jul 25 2009, 03:40 PM) This little park is my freedom 55 plan. Ed there is gold in renting dirt and tenant problems are almost non existent. The real advantage to only renting the dirt is that expenses, on the right park, are usually only in the 30% range. Good on ya...

QUOTE (NICKEED @ Jul 23 2009, 12:38 AM) Thanks Greg, I think this piece of advice will make my searching a lot smoother; although, it may make it a lot harder for me to find a property! I appreciate your help! Nick Yeah, I would be surprised if there are many properties that allow for 50% and...

QUOTE (RedlineBrett @ Jul 21 2009, 11:37 AM) Closed April 1, 2009 Purchase price of 352,500 (12,500 over list price by the way) 10% down 3.99% fixed for five years 35 year amortization $6500 in cosmetic touch-ups to the upper Has zoning for a basement suite. Will be less than 500m to the...

QUOTE (RedlineBrett @ Jul 20 2009, 12:25 PM) You can`t be wrong regardless of the path you choose. It`s like telling someone they`re wrong about their favorite color. Each investor has their own comfort level and only they can decide what "cashflow" is. So do you have any examples to share...

QUOTE (emy @ Jul 19 2009, 08:18 AM) My question to the REIN community is this: How did you generate cash for your business? Common answers usually include friends, family, income from a steady job, etc. How about using a real estate "investment" strategy to generate cash? Personally, I think...

Sounds good you guys. Any more real world examples in the Prairies? What minimum cashflow do you look for?

QUOTE (MitchCollins @ Jul 15 2009, 04:11 PM) 1. A 80% LTV mortgage on $385,000 gives you a mortgage of $308,000. Based on a 35 year amortization and 4% locked in rates the payment is approximately $1,360 per month. Then add the following- Insurance - $110/mth Taxes - $280 Vacancy - $140/mth...

OK, so back to the original question then with a bit more information. Are you guys finding deals that cashflow when : 1) R&M are included 2) Property tax included 3) Insurance included 4) Vacancy rate at 5% included 5) Property management is factored in (are most people paying 8-12% of...

OK, so I firmly believe that it is possible to find cashflowing deals, but I would really like a bit of encouragement. What deals have you guys done in Alberta during 2009 that are cashflowing well. I`d love to see figures if people don`t mind sharing. How much did you put down? What kind of...

QUOTE (RussellWestcott @ May 30 2008, 06:39 PM) November 8 & 9 The times are on the event calendar Click here to view the calendar Cool! Thanks Russell. I just wonder if I can wait that long Shame I`m working next weekend. And thanks for doing the phone webcast too. Great info in addition...

Just listened to the entire webcast from last night. Great stuff. I`m interested in attending a Quickstart, but I can`t make the Calgary one. Any plans for one in Edmonton in the near future? Rob

I`ve been watching the Edmonton market for a couple of months now, and I am trying to figure out how to get into it. Having read Real Estate Investing in Canada I feel I am beginning to acquire the right kind of knowledge. However, despite all the current vacancies I haven`t been able to...

So I`ve begun researching pretty thoroughly. I`ve read through 2 of Don`s books, and have his latest on order! I enjoyed Rich Dad, Poor Dad. Have also been spending a bit of time learning as much as I can in the articles section of flippinghomes.com. What I have seen so far encourages me to...

I was reading a few days ago of purchasing by using options. i.e. arranging to rent a place at higher than market value for 3 years with an option of purchasing at a fixed price within the 3 yr period. Is that something that happens much here in Canada? Do many landlords / vendors go for that...

QUOTE (dwb @ Apr 2 2008, 05:03 PM) I know of a lot of people that spent many years flipping. They`ve made a lot of money, $20k here $30k there. Before long, however, nearly all of them realize that the real money is made in long-term buy and hold investing. Yes I think that is how I will...

QUOTE (CarlaJohnson @ Apr 1 2008, 07:05 PM) If you attend Quickstart or join REIN you will meet a lot of investors who have a great deal of experience flipping. A lot of buy and hold investors do flips when they see the opportunities. When we first got into investing, all I wanted to do was...

Hi Everyone. I found this forum a few days ago when researching investment opportunities. I thought I might pop in and ask a few questions. I actually managed to find one of Don`s books in the library. It is "Real Estate Investing in Canada". I`m two thrids of the way through the book and...