QUOTE (Nukav @ Oct 23 2009, 02:03 PM) "I was trying hard to stay away from this one, however it didn`t work. I have strong feelings when it comes to this man. Great marketer. He wants to sell books, and he does. Just like people pick up newspapers with the Doom and Gloom headlines. It just sells...

QUOTE (mortgageman @ Oct 20 2009, 02:23 PM) Actually, because CMHC is a government agency it is not allowed to discriminate in any way other than credit worthiness, debt servicing ability, building value, etc.. This is why they will not provide mortgage insurance on age-restricted condo...

QUOTE (DineenJJ @ Oct 20 2009, 10:53 AM) I`m not surprised your Realtor would tell you options is not a good idea for obvious reasons, but luckily you don`t need a Realtor for options! WHACKED! Options are how lot of large deals get done and probably has been around for over a 100 years...

QUOTE (PhilipMcKernan @ Oct 16 2009, 06:40 PM) If I may I just wanted to tell the world and REIN members that I have just released my first book which is on US Real Estate for Canadians. www.southof49.com Don Campbell has kindly contributed to the book and the project was also supported by Dan...

QUOTE (EdRenkema @ Oct 20 2009, 09:59 AM) Congratulations on taking action.Have you thought about your exit strategy??? In my opinion a 500 sq. ft. house is tough to resell. You will also be renting to single person, not bad if it is in a trendy area to a single professional if the...

QUOTE (thomasbeyer2000 @ Oct 18 2009, 06:31 PM) interesting thought .. I would argue that CMHC`s role is to provide insurance to lenders based on reasonable assumptions .. AND to ensure that house prices do not accelerate too dramatically ! One such reasonable assumption is that houses occupied...

QUOTE (housingrental @ Oct 12 2009, 12:14 PM) I wonder how large of an area they cover The median and average price of what most people consider the bridal path is much higher than they`ve listed. I was noticing that too. you include a condo at $450,000 it will significantly lower the average

QUOTE (nepoez @ Oct 12 2009, 11:38 AM) Thanks all for the feedback. All very valid points and help me validate that I`m not being unreasonable. Thomas` point it very valid too and it`s why I`ve had a hard time making a decision even after voicing my concerns to the owner. I`ve heard of way...

QUOTE (thomasbeyer2000 @ Oct 6 2009, 06:31 PM) 3 options: 1) get a short term 80% LTV mortgage. "V" being the lower of purchase price or appraised value ! Then in 6 to 12 month, get a new 80% LTV mortgage. Then you will likely be able to pull out all cash .. or sell by then. 2) buy with 80%...

QUOTE (thomasbeyer2000 @ Oct 6 2009, 06:20 PM) because a typical commercial mortgage is 5 years in Canada and 10 years in the US !! Yes, 8% CAP rate would be nice .. but: the DIFFERENTIAL matters ! A 8% CAP rate building with a 6% mortgage yields a similar ROI than a 6% CAP rate building...

QUOTE (NeilUttamsingh @ Oct 4 2009, 09:55 PM) I second this post. Thank you to Don, Russell, and the rest of the REIN staff for an outstanding A L.I.F.E. weekend. The content that the speakers delivered was simply amazing. Phillip and Stephanie delivered powerful messages, and the Raising...

QUOTE (thejules @ Oct 5 2009, 07:54 PM) Yeah Thomas! I think that it`s about time that you had some stage time at an Ontario REIN Meeting. Your talk on Multi-family investing, and investing in general, would be a real benefit for all of us attending REIN Meetings in Toronto. I remember your talk...

Wow, the buzz around the show has been amazing since I was a guest on Goldhawk...and the execs feel the audience is too large to have a day time slot....so they are moving the show to PRIME TIME with a brand new set!!! stay tuned guys!

QUOTE (TodorYordanov @ Sep 22 2009, 02:56 PM) A simple and short one would be: " I am in the business of Real Estate investing. I help people find and invest in very profitable and secure Real Estate ventures." I just came up with this. What do you think? I also like Brian`s in therm of the...

Click here to watch this Video from FoxBusiness.com This video is a follow up to a previous blog post on bringing in skilled workers who can`t get US visa into our major cities. Vivek Wadwha in the interview illustrates how great an opportunity it is to poach these folks before the go back...

QUOTE (Manjula @ Sep 21 2009, 11:28 AM) Amazing...and much needed in this market...CONGRATS! Thank you again everyone ...First Show is Tomorrow on the Toronto Condo Market. Be sure to ask sophistcated investor questions to Brad Lamb (sold $3.5 billion in condos/lofts) and Ben Myers (works with...

QUOTE (TodorYordanov @ Sep 21 2009, 01:20 PM) Try to tell them "what`s in it for them" in your speech. For example: " I invest in Real Estate with JV partners" - great, good for you. But I am not telling them how they can become partners or how I attract partners. Make it yours and make it open...

QUOTE (qdsouza @ Sep 14 2009, 09:36 PM) Hi Alex - don`t forget the "Certificate of Service" with those N4`s as well. See you on twitter. Sorry Garth - I know it is a little of topic. Take Care, Quentin Hi Garth, you may be interested in a book called getting real by 37signals...

QUOTE (JimWhitelaw @ Sep 11 2009, 01:22 PM) Well, the situation in Ontario is what it is. Seems to me that investors have 3 choices: 1) Live with the rules as they are and learn how to best operate in that sandbox. Yes, the legislation is tipped in the tenant`s favour, but taking action to...

Note according to CIBCWM, if you invested in an average REIT last year you would have made 34..3%