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  1. dwoychuk

    Niagara Falls historic rates

    QUOTE (ontariolandlord @ Jun 14 2010, 07:13 PM) Shawntime, I`m trying to send a PM to you. The feature seems to be down. PM doesn`t work because you are not a REIN member.
  2. dwoychuk

    Niagara Falls historic rates

    QUOTE (ontariolandlord @ Jun 14 2010, 07:12 PM) Seems to be an intelligent post by the OP to me. Of course he knows to contact a Realtor in the region. However, are realtors always truthful and the best source of advice? He wanted to know if anyone here had some insider insight. And he gets...
  3. dwoychuk

    Smart home systems

    QUOTE (Berubeland @ Jun 7 2010, 06:17 PM) LMAO at the wife factor. My hubby has our tv so complicated now that I need a PHD just to figure it out. I really like when he changes it up a little just to keep it interesting. If he ran away or got hit by a bus there`s no way I would be able to keep...
  4. dwoychuk

    credit reports

    QUOTE (creditinfocanada @ Jun 4 2010, 10:54 AM) 2 to 4 weeks. Pay the money and take an account out next time, get everything done online, its easier and faster and you can monitor your account anytime you want it with an account with either of them. I have had issues setting up an account on...
  5. dwoychuk

    Opportunity Cost discussion

    Thank you all for the insights. Definately a few things to talk with him about and discuss further of what his expectations would be. This person is family and their is no pressure on either side to make a deal happen, it would just be nice if we find a good middle ground so my family can...
  6. dwoychuk

    Opportunity Cost discussion

    This is a continuation from this topic: http://myreinspace.com/public_forums/Real_Estate_Discussion/62-16873-Why_Wont_It_Cash_Flow.html that got a little hijacked, but I found it interesting as it is something that I have recently come up against in a JV meeting. Read the discussion starting at...
  7. dwoychuk

    Fixed or Variable? That is the question

    Peter actually just went over this in the REIN meeting, and the numbers were quite substantial (in favor of variable). I unfortunately don`t have the worksheet with me otherwise I would share the example that Peter gave us. All I can say is if you weren`t there for the meeting, you will...
  8. dwoychuk

    Seller financing on clear title...how to present?

    QUOTE (Sherilynn @ May 3 2010, 08:57 AM) Greetings. I have come accross several properties listed at or below market value where the seller has clear title. Any ideas how to present seller financing? Theoretically, the seller would need to get a mortgage on a property that he owns outright in...
  9. dwoychuk

    Will ctrain help condo price at all?

    QUOTE (Millions @ Apr 25 2010, 05:41 PM) I have a condo in Killarney. 1915 26 st sw. It`s taken a hit obviously in rent and price. However the ctrain is being built 3 blocks away at 26 st and bow trail. Done in 2 years I think. Will this cause a significant rise in price and rent. Or would...
  10. dwoychuk

    CMHC Rules on Rentals Explained

    QUOTE (llee @ Apr 20 2010, 11:16 AM) A question about the impact of cash flow. TDS = (PITH + Other Debt)/Borrower`s Gross Annual Income If one is considering buying a RTO investment property: - Rent $1050 - P+I $615 - Tax $175 And assuming one makes 50K annually as full-time job, assuming...
  11. dwoychuk

    Rent to own

    QUOTE (terryaris @ Apr 13 2010, 09:18 AM) I own some properties that have renters that are interested in a rent to own program. My understanding is to go for about 5% down, so on a $200k we would be looking at $10K down. My questions are: 1. What do I give him for security on his 5% down...
  12. dwoychuk

    Car Lease Tax Write Off

    QUOTE (slaw @ Apr 11 2010, 10:10 PM) Hi, Can anyone offer some advise? thanks I believe as long as it is considered a business expense then you can claim it. Keep your log as you are doing, but also keep note of your total mileage for the year and keep any expense receipts (gas,oil changes...
  13. dwoychuk

    Tenants Joining Forces to Save

    QUOTE (MichelSelim @ Apr 9 2010, 07:48 AM) I appreciate your input on this. My tenant on the main floor asked me to provide them with a letter saying that they are one family with the tenant downstairs, so they get one Shaw service to the house and they split the bill. I am wondering if there...
  14. dwoychuk

    Secondary Suite application requirements - Calgary

    QUOTE (ronwin @ Mar 30 2010, 08:27 AM) I know this is somewhat of a hot topic these days being that most secondary suites in Calgary are illegal. Below see the application requirements from the city of Calgary (http://www.calgary.ca/portal/server.pt/gat...ndary+Suite.htm That being said does...
  15. dwoychuk

    Tenant makes Facebook Friend request

    I think a lot of it boils down to what you are comfortable with. If you feel you can`t separate business and friendship then you should stay away from it. However, if you are able to clearly define the line between business and friendship in your own mind AND to your "friend" then go for it...
  16. dwoychuk

    WFG - Good, Bad or otherwise?

    Thank you Smitty. The "bad taste" came when one of my co-workers tried to convince me to quit my job and go work for them. I went to a "training" seminar with them and that was it, so I really didn`t know much more about it. I am a little bias toward REI, since it is what I am learning and...
  17. dwoychuk

    WFG - Good, Bad or otherwise?

    QUOTE (Nukav @ Mar 26 2010, 02:07 PM) world financial group Yes, Thank you. World Financial Group. Some more detail on it, is they are trying to convince him to pull out all the equity in his home to invest in a program that will allow him to pay off his remaining mortgage faster. So i...
  18. dwoychuk

    WFG - Good, Bad or otherwise?

    Hello, Just curious what your opinions are about WFG. I have only had very limited exposure to them, but they kind of rubbed me the wrong way. I am concerned about a friends possible path with them, any input is appreciated. Cheers,
  19. dwoychuk

    Carpet tiles

    QUOTE (housingrental @ Mar 17 2010, 12:53 PM) Thanks I can`t picture how they actually look Are they seamless between tiles when installed? or would you notice a difference over a large space between them and conventional carpet? Next time you are in a Best Buy or Future Shop have a look at...
  20. dwoychuk

    Carpet tiles

    QUOTE (jcab256 @ Mar 17 2010, 10:01 AM) Has anyone used carpet tiles in a rental before? one of the pros would be that if it gets stained, you can simply replace that one tile. I`m looking for the opinions and experience of others. Thanks! Well they are very common in the retail world...
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