Money, You should compare March 08 with March 07. You will see it is higher this year than last. Prices never go evenly upwards. There are up/down cycles within any year. Spring is usually on the upswing, summer it starts to slow down, and by the end of the year some reversal is not...

Oh, boy..... your investors ONLY concern is whether the place is left clean when co-owners sell?? On the surface, it looks like many things should be concerns and it`s hard to know if your group has addressed them all (eg. tax issues, exit strategy, purpose of the property, price, fundamentals...

I just listened to the Feb. Rein meeting CD`s where Don said to be "smart with your vote, please". He didn`t elaborate, but I am guessing a Conservative win is a good thing. I`m surprised there weren`t more posts to your question, but IMO the election results turned out well for investors.

Excellent information and very nice of you to go to the trouble to get it and post it. I find it very interesting as GP is one of the areas I am considering. But.... Wow....... very deep trough GP is in at the moment. Like you say though,,,, great opportunity for negotiating. Thanks!

Thanks and will call to get the satchel. In the same vein, I just put the new "51 Success Stories" book on our fireplace mantle with another interesting book unrelated to RE investing. A coffee table/end table is another good spot to plant the books. It looks like they were put there for...

REIN satchel??? I`ve never seen one, only the REIN binders. Where can I get one?

The lawyers look after all of that. The purchaser doesn`t inform the city of anything. Ditto for stratas where strata fees may be owing. The lawyer gets a new Certificate of Title from the Land Titles Dept. and an Estoppel certificate for stratas. By the time you get possession the slate is...

We are planning a basement development in our home and want to put in a larger size gas fireplace. The prices at the fireplace stores are way up there. Does anyone know where they can be purchased at a discount? We have the install arranged already with a gas fitter so we just need to do...

Personally, I don`t like giving out that information either. One of our tenants deposits to our account via email. It works well and your tenant needs to set up online banking and then they can email transfer to you. All you have to give them is your email address. They don`t need any other...

Thank you for these comments. What`s interesting is that I suspected the money needed to go into a trust account of some kind, but when I went to deposit the cheque I asked about such a trust account for this purpose. I was told that there were no trust accounts for ordinary persons, only...

We have just received security deposit money for a rental and it is currently in our personal savings account while we figure out where we should put it. This will likely be a short term rental (less than 6 months). My question is this...... can the money be left in our personal savings...

On second thought, if your friends can prove the seller or realtor knew of the problem and chose not to divulge that information when selling, then they may want to consult with a lawyer. I think it may be actionable in that case. There is some clause in the CREA listing/selling contract that...

&*!# OUCH !!! That must have hurt! Did the realtor give a personal guarantee/warranty of any kind and in writing? If not, I doubt there is a thing that can be done about it unless it is a newer home and still covered by a New Home Warranty. A situation like this really drives home the...

We are on the verge of renting a property and I have a few questions about the tenant credit check. I have the Application for Rental Accommodation for Alberta from the Critical Forms Section. Under Section 4 it asks for "credit references". What exactly is a "credit reference" and what do...

Does anyone know the top ten Canadian towns to invest in? (Not specific to any province, but the best ten in Canada?)

QUOTE (BMironov @ Oct 31 2007, 07:38 PM) Actualy it took me about 15 minutes The hardest was "X". Still do not have a good answer (Xmas, Xray, Xenon - light bulbs in Lexus and BMW, ...) Or............. the "X-factor". What all REIN members have.

Very impressive, Boris - really very impressive! (How long did you say your commute was?? )

Hi to everyone who posted a reply to my question! Your comments are much appreciated and I have had some things to consider, thanks to you. As far as selling the house or keeping it, we can keep it for awhile and it will cost us a few thousand to do that. If the market continues to drop...