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Recent content by JohnSoucie

  1. J

    Extension of RTO

    Hi; Related to RTO option payments....what are people suggesting as their target downpayment these days? Counting on unchanged CMHC rules at minimum 5% down or suggesting a target of 10% down? I guess we've been seeing many doors being closed recently regarding mortgages...and in less time...
  2. J

    Getting paperwork to the sellers lawyer

    I'm still having uncertainties with the role of the sellers lawyer in an Agreement for Sale deal. They don't have much if anything to do on closing day. Yes the seller "should" get independent legal advice(or a waiver saying they decline). Is having a lawyer an actual legal requirement in...
  3. J

    How do you stay motivated?

    The real question is "What's making you spend money?" He's 24!! He's experiencing life as a young adult. So yes, all awesome advice above. I'll add one point....balance. Yes you are a product of your 10 closest friends. If they are all highly motivated, investment focused, money saving...
  4. J

    Looking for an advice on AFS - Rent to own deal

    Another point I forgot to mention when it comes to educating your seller about Gross versus Net....did they consider their HOLDING COSTS? For example, the seller may be downsizing or moving to a rental where their monthly expenses will be reduced. So you also need to help them consider the...
  5. J

    Looking for an advice on AFS - Rent to own deal

    Hi Ina; Regardless of the new debt information/issues, I think you are fundamentally overpaying for the property in the first place. I feel you are actually paying OVER retail for the house if your $385K is a valid comparable. If your seller sold at retail through conventional methods, this...
  6. J

    Quick Turn Pro`s

    QUOTE (EdRenkema @ Nov 22 2010, 12:20 PM) Ouch! Having an 11 yr old vehicle I`d go with the simple lettering, the full wrap could be worth more than the vehicle... Hoping some others will chime in on this one. Another low cost option is to get the largest magnetic door signs...something...
  7. J

    Recommendations/Examples for Website Registrar, Host email providers

    Anybody have any experience with SBI? www.sitesell.com "Site Build It 2.0" seems to give a full one stop resource for hosting and they educate you/critique on the ins and outs of your website design along with all the analytics. The goal is to get you up high in the regular search results and...
  8. J

    Bandit signs in Edmonton

    QUOTE (andrewsimpson @ Apr 15 2010, 11:34 AM) Hey everybody Is anyone advertising with bandit signs? I have tried to contact the city bylaw department about this topic this week but noone is in the office until next week. If anyone is running a successful ad campaign with bandit signs, I am...
  9. J

    The path to becoming rich is already known

    QUOTE (invst4profit @ Mar 26 2010, 03:05 PM) One should become wealthy because what they enjoy doing produces "wealth" as a by product of there life endeavors. This statement hits a chord with me. You state this like it`s a commonly held truth among the enlightened. I don`t agree whatsoever...
  10. J

    Bandit Signs in Red Deer

    QUOTE (AndreaW @ Mar 19 2010, 01:02 PM) I have a newspaper ad, kijiji ads, vinyl on my truck and bus bench ads. I also do open houses when I can with ugly pointer signs. I am curious as to how much the bus bench ads cost you? And what terms...such as minimum bench quantity, minimum commitment...
  11. J

    Buying Lists of eg Renters

    QUOTE (Dan_Eisenhauer @ Feb 9 2010, 02:02 AM) One can go to Canada Post and collect the information about Postal Walks that are in primarily rented areas. You can search by residential or commercial, and further divide it into apartments or houses. However, you would not beable to determine if a...
  12. J

    Buying Lists of eg Renters

    QUOTE (Carene @ Feb 6 2010, 03:26 PM) OK Am sharing what I found- now if anyone has used these successfully - please comment as to your rating? Emails without spamming problems get http://www.infocanada.ca/service/ca/salessolution http://www.postcardmania.com http://www.marcpub.com/buy-list/...
  13. J

    Ways of keeping your maintenance and repairs cost low?

    QUOTE (invst4profit @ Feb 4 2010, 12:52 PM) Every new tenant moves into a place with used everything so why waste money buying new. If you have a number of properties buy a fridge and stove when you see a great deal and save it for when it is needed. The size of fridge you buy usually depends...
  14. J

    Ron`s Renovation Checklist Prices - Are the rates realistic?

    QUOTE (GaryMcGowan @ Jan 8 2010, 05:07 PM) Well noted Brett, In Ron`s course he is simply stating that you use the same paint, vanity, bath, sink, flooring in all your units. Similar to the REIN guidelines. The method behind Ron`s thinking is it should only take 10-15 min to know if you need to...
  15. J

    Ron`s Renovation Checklist Prices - Are the rates realistic?

    QUOTE (GaryMcGowan @ Jan 7 2010, 05:35 PM) Oliver,I have taken Ron`s course and the estimates are US numbers. I have to disagree with this. Ron definitly stated a few times that these are Canadian prices and I made a couple of notations about it. I`m referencing the list he delivered...
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