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  1. BrianPersaud

    ODOR REMOVAL

    QUOTE (dplummer @ Feb 14 2010, 11:24 AM) Raymond, ozoning your town home should not be a problem as each unit should be sealed off from the next (fire requirement)during construction. As a precautionary you could advise your neighbours on each side of what your doing. Doug I found putting an...
  2. BrianPersaud

    VTB - Family deal looking to explain to them Please Help

    QUOTE (LifesMoneyPeople @ Feb 4 2010, 06:54 PM) No assumable mortgage Our 80k mortgage was based on another house on not as good part of town The idea was to have our 80k mortgage payout her 76k and her to have a VTB of the rest We are taking a gift from family because we have 5-10% down...
  3. BrianPersaud

    VTB - Family deal looking to explain to them Please Help

    QUOTE (LifesMoneyPeople @ Feb 4 2010, 04:13 PM) Ok I am looking at this kind of family deal and looking for feedback House is 5bed 2 bath in great part of town 15min walk to college(2min drive). House is great condition just needs fresh paint and that`s about it Sister bought house for 86k...
  4. BrianPersaud

    Ways of keeping your maintenance and repairs cost low?

    QUOTE (Luong98 @ Feb 4 2010, 04:14 AM) I would just like to get some insights to what some of your strategy has been in regards to keeping your repair cost low. I have been doing most of my own maintenance and repairs myself and it has been working fine when I only had a couple of properties but...
  5. BrianPersaud

    What due diligence should I do for land development investment?

    QUOTE (llee @ Feb 1 2010, 03:25 PM) I received an opportunity for investment (1-year term). A developer in Oakville (Ontario) has secured a large plot of land. They are in the process of sub-diving two of the lots enabling them to build four semi detached houses on these lots while building a...
  6. BrianPersaud

    Are We in a Bubble

    TD bank recently published a Resale Housing Outlook report (see here) TD comments if the real estate market is in a bubble. Conclusions: * On a national level, they feel that prices are overvalued 12% based on market fundamentals (income growth, job growth etc). * Most of pent up...
  7. BrianPersaud

    I Might Have Found One

    QUOTE (DineenJJ @ Dec 1 2009, 10:10 PM) Hey I REALLY need some expert feedback and advice on this deal I found. Here`s the info on it. Asking: $699,000 Professional Appraisal 6 months ago: $730,000 Mortgage owing: $550,000 at 5.25% No repairs needed Listing expires in 3 weeks Doesn`t need...
  8. BrianPersaud

    Bill Gates` lesson in wisdom!

    QUOTE (DragonflyProperties @ Dec 2 2009, 03:41 AM) Hi all, Although the following has been around before I think that it is worth a repeat. If we are lucky, the current generation of kids might get the message one day. Keith ___________________________________ Love him or hate him, he...
  9. BrianPersaud

    A horde of hungry investors lined up for hours in the rain and slept outside overnight to ensure prime lineup positions.

    QUOTE (RJackson @ Nov 30 2009, 03:45 PM) I wonder how many of the door rushers are investors as: Another factor that is not mentioned is a new BC by-law stating that "strata" or condo associations are now able to prevent units to be rented even after the owners initially bought with existing...
  10. BrianPersaud

    Furnished Rentals in Vancouver

    QUOTE (wilsonmj123 @ Nov 28 2009, 01:03 AM) Hi Brian, Are you looking for a company that finds you short-term contract renters or a company to furnish your apartment? or both? I may be able to help. Hi Wilson, I`m looking for the company that finds and screens the short term contract renters...
  11. BrianPersaud

    Furnished Rentals in Vancouver

    QUOTE (rick21 @ Nov 25 2009, 05:47 PM) Hi Brian, I`m not sure from your post if you are looking for short term accomodation or if you have the accomodation and you want to rent it out. Either way this company may help. I don`t know them personally; however, I did see a presentation they put on...
  12. BrianPersaud

    Furnished Rentals in Vancouver

    Just following up folks, any recommendations?
  13. BrianPersaud

    Easy credit, soaring prices raise new housing fears

    QUOTE (ltam68 @ Nov 2 2009, 02:52 PM) Young families are already challenged to make ends meet. Many are taking this opportunity to get out of renting and stretching their financial limits to buy some property. I would have to guess that if interest rates go up significantly in 5 years and...
  14. BrianPersaud

    Furnished Rentals in Vancouver

    Hi folks, Have a furnished condo in Vancouver that I`d like to use a furnished rental for short - mid term stay. Does in anyone know of a superb company in the area that can provide this service? Cheers
  15. BrianPersaud

    Has anyone tried lease to own through MOMIMU?

    QUOTE (DavidHamilton @ Nov 22 2009, 01:22 PM) Like an earlier post regarding rent to owns, I`m interested to see if anyone has experience with Momimu`s lease to own. The returns are advertised as being between 30% and 50% per year. There is only one fee paid to the company up front when the...
  16. BrianPersaud

    Securities Industry fighting back against Real Estate

    Found an interesting article which quotes Manulife`s Kurt Rosentreter attacking real estate with half trues: Article is filled with conjecture and anecdotal evidence My favs: In addition, condo owners should not assume they will be able to sell their unit at a profit. Mr. Rosentreter...
  17. BrianPersaud

    Comparison of Fixed and Variable Rates

    Hey Fellow REIN members just thinking out loud on the first line mortgage graph from last night (If someone finds the graph please post the link). The graph eloquently illustrated that variable almost always beats out fixed rates. I`m curious about how accurately the graph actually shows...
  18. BrianPersaud

    Stucked with a New condo, What should I do

    I think if there is any chance Terry`s lawyer can help Forzani he has a responsibility to his family to take it. Mistakes like this can set you back years.
  19. BrianPersaud

    5 Big Shot Investors Who Predicted The Crash

    by Julie Satow Why did Mort Zuckerman predict the housing market collapse—while Alan Greenspan missed it? View our gallery of winners and losers. No one’s predicted every turn of the downward spiral in the credit crisis, but here are five who saw enough of the trouble coming to get out or...
  20. BrianPersaud

    Real Estate is `somewhat` forecastable

    According to Robert Shiller, statistical studies of forecasting models for home prices show that roughly half of the variability of home prices can be predicted one year ahead. In the US (I`ll explore this for Canada as well)...you will have just as much luck proving that cities with good feng...
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