QUOTE (housingrental @ Dec 20 2009, 06:06 PM) As for your statement of being worth $2Mil with $4Mil of assets beyond stoking your own ego what does that have to do with anything? Perhaps your next post will read "I got a Bentley so go F-Yourselves" or your 2010 resolution... Start referencing...

QUOTE (gwasser @ Dec 20 2009, 01:03 PM) Many REIN members buy their first town house investment or duplex which are part of the much larger residential market. When buying single apartment or townhouse units or single family dwellings, we are not the big wholesalers that buy a 30 unit apartment...

QUOTE (ThomasBeyer @ Dec 19 2009, 11:49 AM) yes, rents are down somewhat and vacancies up somewhat .. although in MOST of our locations we have very full buildings .. only some soft spots usually in smaller towns but even there it is all managable Rents aren`t somewhat down, rents are...

The Vacancy rate in the CMHC report looks far below what I`m seeing on the streets, there`s "For Rent" signs everywhere in the downtown core and surrounding areas. Multifamily properties are not a good asset. I`m seeing 6 plexes now listing in the range $800M-$850M and decent four plexes...

QUOTE (jwilbrin @ Jun 3 2009, 12:53 PM) Hi Everyone, Wow! are there ever a tonne of rental units available in Calgary this spring. So many first time buyers have left the renters world. Just curious to see how other landlords are making out. Have you had to drop your rent quite a bit? I`ve...

QUOTE (thomasbeyer2000 @ Feb 16 2009, 09:24 PM) cash is cash .. and principal paydown is NOT cash .. it is "equity" i.e. networth improvement .. but not (yet) cash ! Therefore it is also not cash-flow. Ask a clerk @ the Safeway checkout if they take your equity in return for groceries ...

QUOTE (thomasbeyer2000 @ Feb 16 2009, 06:10 PM) cash is cash .. cash-flow as in CASH-flow .. i.e. cash-in vs. cash-out .. hopefully INTO your pocket .. and not out of it ! cash in: rent + misc. revenue like cell phone tower rental, laundry, late fees, parking fees cash out: mortgage payments...

QUOTE (thomasbeyer2000 @ Feb 16 2009, 11:14 AM) Better give them a % of cash-flow and equity as it maybe 0 in lean month in order to survive ! Hi Thomas, How are you defining cash flow? Most persons define it wrt real estate to mean the following: Cash Flow = Gross Monthly Income - Gross...

QUOTE (JeffSmith @ Jan 11 2009, 09:06 PM) No. Not for a ceondary suite. You will need to upgrade the electrical entrance if it is currently 60 amps. Thanks Jeff.

Quick question, regarding Secondary suites (Duplex). I`m considering the purchase of a R2 zoned bungalow. I`m also considering adding a Secondary suite (developed basement) to this unit for additonal revenue. Do I need to add a separate/second Water meter and a second Electrical box ? Thanks...

QUOTE (Smitty @ Jan 6 2009, 10:45 AM) As Thomas said, people achieving the "gold" status in REIN means they have 17+ properties. They may be able to live off the cash through because having that large a volume provides enough income to "live" off: In the REIN system is 17 properties, 17...

sounds more like a Liberal rant than a prophet. The main line of attack seems to be aimed at Harper and the Conservatives. The 40 yr amortization was a good investment tool, I was sorry to see it go.