QUOTE (ThomasBeyer @ Aug 8 2010, 12:15 PM) Where is the risk LOWER ? Low inflation ? What about: a) Alberta has lowest unemployment still across the country b) gas prices rising --> more jobs c) higher oil prices --> more jobs d) Wild Rose in (coalition) government in 2012 --> lower taxes and...

QUOTE (JDaley @ Jul 30 2010, 11:05 AM) At $120k/door you can`t go wrong. I`ve owned multi familes in the past and I still have one and I agree the average cap rate in Calgary is far too low - a danger sign, and I don`t think the market can grow its way back to normal levels. That`s why I found...

QUOTE (Goodstuff @ Jul 30 2010, 02:11 AM) I always provide a lawnmower and a shovel. If I didn`t, I know the grass would never get cut and in the winter the sidewalk would be unrecognizable under 5 feet of snow. And that can net the homeowner a fine in Calgary. How many properties could you...

QUOTE (ThomasBeyer @ Jul 30 2010, 12:09 AM) 150/door for upgraded large 2BRs with a view of the Rockies is not too expensive even if the building next door sells for 125/door as it may be uglier with more 1BRs .. Hi Thomas, Two recent solds in Toronto: 1. $120/door with a 6.3% cap (the...

QUOTE (RandyBett @ Jul 28 2010, 08:54 AM) Hi there looking for some input from other investors who are using the RTO strategy. Based on a conversation yesterday (with a Calgary Mortgage Broker and a Former President of the Alberta Mortgage Brokers Association) and a review of CMHC`s applied...

i`m @BrianPersaud

QUOTE (willy @ Jul 21 2010, 09:48 PM) So, I`m thinking that if that house has the old style hydro meter with the wheel that turns, it`s spinning pretty good. What I`d do, some afternoon when I`ve got some time, is go to the breaker box, turn off a breaker, check the wheel to see if it`s slowed...

QUOTE (AdamBlackmore @ Jul 7 2010, 07:51 PM) Hello all!! Have a rather stressful issue here. Purchased a property a couple months ago. I am living in basement and there are two people upstairs and there is a shared kitchen. Utilties are in my name. First bill came in today and hydro from Apr...

QUOTE (Rickson9 @ Jul 14 2010, 07:00 PM) When I went to Phoenix I took a list of all the objections I`ve heard down with me and read it to my friends who live down there (Canadian and American). Everything from "Phoenix is in a desert and will run out of water!" to "What`s the primary industry...

QUOTE (JordanRHughes @ Jul 12 2010, 04:05 PM) What about asking for first and last months rent....upfront? Only allowed to get first and last in Ontario. I`ve rented to many "kids" belonging to this profile. I find the independant ones are great, they don`t call you every week because they see...

QUOTE (housingrental @ Mar 26 2010, 01:41 PM) I dont think it so if its used as a seperate living unit in all area's it needs to be registered as that (duplex, accs. apt., etc.) and meet requirements. Oven = problem if not even if relative occupying Also, the city wants to collect more...

QUOTE (BrianPersaud @ Mar 25 2010, 02:19 PM) This guy has been bugging the producer of the show to come on. So I googled him at went to his seminar and sat in the back: he was telling people he buys nothing down and gets a $20k cash back to do renos and then gets $6000 a year in cashflow. I...

QUOTE (housingrental @ Mar 25 2010, 01:44 PM) I second this. Brian doesn`t post often but provides comes out with nice comic relief every few weeks. This guy has been bugging the producer of the show to come on. So I googled him at went to his seminar and sat in the back: he was telling people...

QUOTE (housingrental @ Mar 25 2010, 01:51 PM) I couldn`t have written my thoughts better than you have Right now sellers are cocky, this reminds me of Edmonton in `06. If this continues past fall...sound the alarm.

QUOTE (hazed @ Mar 23 2010, 11:34 AM) We have been approached by Investors interested in providing funds to grow our company. We have completed most of the Business Plan, but are having difficulty with the Financial end, and showing how we propose to use the proceeds to not only build our...

QUOTE (TodorYordanov @ Mar 24 2010, 12:27 PM) My experience is all the same. "Free" event to hype you into getting expensive one-on-one coaching. I just unsubscribed from their emails. I spoke to him, he said just flown in and bought two properties in Etobicoke for about $100k, I said i grew up...

QUOTE (MarkOnaba @ Mar 8 2010, 07:34 PM) My wife Lara and I are celebrating our first "quick turn" deal! And as Owen Shaw would say, we`re officially HOOKED on that Real Estate Crack! We are new to REIN and for the life of me I can`t figure out why it took us so long to join! Anyway, we are glad...

City of Toronto ("416") Price 2010 - $491680 (+20.2%) Price 2008 - $409116 GTA Price 2010 - $440153 (+14.2%) Price 2008 - $385405 Sales this year represented a 70 per cent increase compared to the 2,562 sales recorded during the same period in 2009 when resale transactions had dipped markedly...

QUOTE (RCrein @ Mar 15 2010, 07:00 PM) Thanks for the interesting article. It`s facinating to watch the US situation. I`m afraid its going to get worse down there or at the very least stay bad for a considerable period. The impact of government debt will soon have to play out. Glad to be living...

QUOTE (GaryMcGowan @ Mar 13 2010, 10:46 AM) Great ending to a great story, Nice job Ian !!! And Quentin great investors package! Ha Ha nice!