QUOTE (Goodstuff @ Jun 21 2009, 10:06 PM) If you plan to buy a place and then move a while later and rent it, one word of advice: If you buy a house make sure it has a separate entrance for the basement. You`ll get a lot better cashflow when you rent it. With separate entrances you can rent the...

QUOTE (Dejavu @ Jun 22 2009, 06:07 AM) Be careful if doing this in Mississauga - the city does not allow basement apartments Yes, I heard few guys were in trouble for renting basement which is not legal,

QUOTE (manojsingh @ Jun 21 2009, 10:02 PM) Come to our Hamilton mastermind meeting on July 12th. Although we meet for Hamilton investment but may be you will find some body who is from mississauga. 80% of the members are REIN members. Send me your email and I will add to our mailing list. Thanks...

QUOTE (Dan_Eisenhauer @ Jun 21 2009, 05:41 PM) What is your long term goal... to own for the long term? or to hold for short term before moving? If your plan is a short term hold, don`t buy AT ALL. IMO, the increase in value over the next few years will be minimal, and your gain will be less...

QUOTE (manojsingh @ Jun 21 2009, 05:07 PM) My humble request do not over analyse the situation. Take action and buy. Talk with some REIN member if possible and get feed back for your target area.You can use your RRSP only once. You have to qualify for other property also if you rent the first...

Hi I came to Canada in 2002, and wanted to buy home in that year, but few reasons for not buying following wife,freinds and relatives` views , not aware with market of canada and areas of GTA, After 2004 , I was observing economic changes, outsourcing,job losses, house values increased much...