For sure. Call my realtor. Rod. 2047821693. He's the best and always has time for clients. Nik

IMO, local is the way to go. I've tried long distance and it is a pain, and they don't understand the Winnipeg market. I have a mortgage broker that I use exclusively. Here is his contact. Greg Mason Tel: 204-953-8806 http://www.gregmason.ca/

I had a thought the other day as I took the dogs for a walk. They were being a bit ornery, and I had to let them know who was boss with a sharp word and a yank on the leash. While I was out with the dogs, I was thinking about how my real estate business was going. It has been busy lately...

Lots of good ideas! Thanks everyone. I went and cut it myself to start with. Planning to have a little discussion with the tenant to see what it is they plan to do to rectify. If they cannot come up with a plan, I will work with them to create one. I'll let you know how it goes...

Don made an interesting point on Facebook, which was reiterated by my broker... Restricting the amount of secured debt given to borrowers will invariably increase the amount of unsecured debt people hold. This move if it is supposed to protect people, will likely do more harm than good. Nik

I dropped by one of my properties the other day to do some maintenance on the garage and noticed that grass had not been mowed for ages. I asked them if they had a lawnmower and they said no, they had to borrow one when they have cut it in the past. Few options I am considering. 1. Tell...

The most viable way to do zero down is through a JV partnership. You don't want to do that, so your options are limited. Some private lenders will do it for you. I know one here in Winnipeg, but you will be paying 10 to 12% interest. Do that for a year, or two max and then refinance with a...

One regret I have is selling my first home. I should have refinanced, pulled out equity, bought a new principal residence, and rented out the old home. It would have been a great renter and it would have doubled in value since I purchased it. You may want to consider the same. Nik

This may seem pretty straight forward to most, but it is actually the first time I have had this situation, and I am wondering what you would do. One of my tenants called me yesterday to tell me her roomate is moving out. Both are on the lease. She is planning to stay and her boyfriend is...

Thanks Thomas! A lot of forums have sticky threads. It would be good to have one here too. That way users would be able to find lots of answers to FAQ's easily, This list is great!] Nik

I love Winnipeg as a place to invest. I get enough excitement and ups and downs with my stocks. Winnipeg has provided me steady gains in my net worth without the volatility. Right now it is a seller's market and prices are at an all time high, FOR Winnipeg. It's not the time to go buying up...

What lake is it on? Cottage prices in Manitoba peaked a couple years ago and have slumped since. Nik

I can tell you right now that there are some very affordable houses in areas like Fort Rouge and the West End. Both of these places have great potential for the future. Fort Rouge near Jubilee has the new under construction rapid transit system going to it and connecting it with downtown...

I read lots of books, but I always read them with a critical eye. I think the same has to go for paid mentors or real estate / investment seminars. When I read books or hear people talk about their proven systems or what have you, I always wonder if they are making more money off their books...