QUOTE (thomasbeyer2000 @ Jul 30 2009, 12:18 AM) indeed ! Also, keep in mind that most real estate investments today are not as sexy as they used to be 3 or 5 years ago .. so some caution is advised ! With the recent blow-up of syndicated real estate, primarily in commercial or...

QUOTE (RedlineBrett @ Jul 27 2009, 04:19 PM) Part of the business unfortunately. They have now shown their true colors! Don`t let it get to you... I wouldn`t even respond. I had a simiar situation...except they called me a sand nig$%r instead of a puppy killer.

QUOTE (mrsean @ Jul 15 2009, 06:52 AM) Mitch is your site up and running? I plan to be in BC in August. Very interested in meeting REIN people along the way. I`m very serious in making a move out of Ontario, fast. Sean, I often have the same feeling about tenants over here. Check out a...

QUOTE (RodneyPayne @ Jul 20 2009, 03:17 PM) Beyond doubt, the market (or interest rates / Dow Jones / economy / hemlines) will fluctuate. I`ve used that sentence, or a variant thereof, hundreds of times. If you use the proper tone of voice, it sounds pretty darned impressive. I`ve had...

Every town has a great economic development office that talks up a town and sells itself as having a bright future. Examples of passionate people that may cause you to rush off and buy real estate/ The problem is: Every city has an economic development office and it`s hard to tell if their...

So here we are. The entire world is looking to Canada for lessons to keep the financial sector strong, whose strength essentially saved Canada from a prolonged real estate slump. While politicians chest thump how great Canada is, and how crappy the US is, we still can`t rest on our laurels...

According to a study by the Milken Institute, which ranks the top high-tech centers in the U.S., Canada and Mexico, most of the top tech metros are well known – like Seattle, Cambridge, Washington, D.C., New York and San Francisco. But there are many lesser-known regions that have made...

QUOTE (DragonflyProperties @ Jun 16 2009, 12:35 AM) Hi all, I read this article in the June 13th edition of the Vancouver Sun. Excerpts: The government looking at expanding a pioneering scheme in Flint, one of the poorest US cities, which involves razing entire districts and returning the...

QUOTE (DOZAH @ Jul 9 2009, 12:30 PM) The property is located in Ontario. The city`s market is very stable but hasn`t really seen huge appreciation in the past. Slow but steady climb. Rents are realistic and have even been downplayed, I think I can get $1600 per month out of it but I`m keeping it...

QUOTE (Marruss @ Jul 1 2009, 02:07 PM) Thank you all so much for your information! We gave up on the open house showings, and started booking people at 30 minute intervals. We found that with the open houses, we couldn`t walk people around the house because there were a few people there at...

QUOTE (EdRenkema @ Jul 1 2009, 12:17 PM) Is that the photo I saw on Markl`s facebook page? - great shot! Too bad the place was full when we got there Hi Ed, I didn`t know you were in town. I would have been great to get formally introduced..WHen is the next mastermind?

QUOTE (PaulPoulsen @ Jul 1 2009, 03:18 PM) Why limit yourself to southern Ontario real estate? If you`re far enough away to need a property manager to look after the property for you, why not take a look at Alberta? There was a lot of info at this past weekend`s event in Edmonton but here`s...

QUOTE (Markoff @ Jul 1 2009, 12:43 AM) Hi all, Thank you for inputs. Very informative. When I asked my question about Toronto investement, I used the following numbers: Condo price 300K Down: 150K Mortgage at 4.5% for 15 years with $1150 monthly Closing cost $7500 Rent $2000/month taxes...

Are you saying it was possible he was connecting the hose to your house? You could speak to him and `sell` him on paying the difference. The city will ask you to pay the bill as you are financially responsible - you have no recourse with them. You could take him to small claims court...i`d...

QUOTE (PhilipMcKernan @ Jun 30 2009, 03:59 PM) Thank you for the feedback! Without the positive energy of the REIN members it would have been so different so thank YOU. P.S. The Orgasm story was NOT part of my plan but there you go! You rocked it buddy....Go maire tú an lá!

QUOTE (mortgageman @ Jun 30 2009, 03:37 PM) I also thought it was great. I liked the panel format. I also really enjoyed Steffany Hanlen`s and Phillip McKernan`s presentations. I don`t know if they took their game up a few notches or I was in a different mindset than previous presentations by...

Hi Folks, we are getting some great discussions on Chris`s blog Here is my post, I think it`s an important question to explore: how do we use research on economic fundamentals and translate them into returns for our investors and for ourselves. I think it would be really valuable to everyone...

QUOTE (invst4profit @ Jun 29 2009, 06:10 PM) You stated it is possible to get positive cash flow from a TO condo and I believe it is not possible in today`s market. I am referring to monthly positive cash flow not ROI. How do you calculate cash flow? Does your calculation value the down...

After doing a post on the forums late last night I combined the data for an interesting comparison of the Downtown Toronto pre-construction market and the top 10 towns around the GTA (2005) Check out Chris Davies blog here The data is pretty interesting and if you invest in 1. Brampton...

QUOTE (manojsingh @ Jun 29 2009, 02:57 AM) Just two weeks back I closed my 22nd townhouse deal. I own 18 units in Hamilton and 4 in Brampton. This weekend I finally got all the papers from last deal which was a townhouse complex. What a wonderful journey, First nine month of REIN membership and...