My thought's on personal belize, is just to live a life that i'm content with. Our goals, aspirations, interest, passions will always be changing, because life is dynamic. But the end goal or result is just to be "happy" So why not have a belize of living a happy life. Yes, I've acheived...

Hi Kir, Ask yourself this question, "Is $50 * 24 months = $1200" worth all the head ache, stress, and energy to try to collect on someone with no assets? In my opinon, don't beat a dead donkey, cut it loose so it frees up your mind, energy.

My 2 cents is that you be comfortable managing the fluctuations in cashflow. Residentail properties make the money on the appreciation. Cashflow is very minimal money made and typically vacancies, damage ect will eat up your cashflow pretty quick and easy. I'm not saying buy negative cashflow...

Here are my 2 cents fellas! 1. How do you price the rentals? 2. Okay, how do you know when you're over priced? 3. What other strategies besides lowering the rents do you use to get me renters? 4. How do you screen tenants? 5. What's your eviction process? 6. Tell me how you solved...

Hi Jess, The numbers don't lie, and the only illusion is the one we set upon ourselves. Something I've learned in Real Estate is "buying is EASY" The real skills comes in managing and maitaining the asset. I always plan for 5 years minimum and if things work out better sooner great. But I...

Hi Guys, I was just at one of their investment seminars Feb 14/2011. It was a weekday and they had 90 people in the room. Average age must have been 45. Here's what I noticed: 1. 25% of the room had invested with them. 2. The claimed to educate but I really don't think their doing...

Hi Todor, Great story, I'm less creative than you but here's a video of in my opinion of why Real Estate works but here's the jist of it and a more in depth explanation at my blog below for those interested. 1. Banks think it's low risk 2. Proven wealth creation tool 3. 3rd party...

Hi Nitin, Also remember, the "Lower the quality the rental, the lower quality of renter you will attract" Brent Davies told me this and also Arlen Dhalin. They said basement suites and 1bd rm attract more transient and lower quality renters. I'd personally go with 3 bd rm townhouse/duplex...

Great reply John and Graham. FEAR is so general, my personal passion is same as yours John: Education that is PRACTICAL! I'm on the edge of really taking this further. I really believe it has more to due with the way the investment is 1. Communicated 2. How it was interpreted...

Hi Dave, I used to get lost in trying to interpret all the stats. I usually just listen to what Don says and then hearing Don enough times, you get how to process all this "data". Other wise you'll be lost in all the data and lose focus on what the real end goal is: buying property. Just...

Andrew, What you said reminds me of something Greg Christiansen of Christiansen developments recently told me: "Be in an environment conducive to taking risks" The REIN group supported you and gave you the confidence to move ahead. Congrats. John

Hi Thomas, You hit it right on the nail! Investings is about Identifying risks and mitigating them! Investing is directly related to one's ability to "Manage risk" when everyone always thinks investing is about "Taking risks" Totally wrong prespctive in my opinion, hence people are always...

Joe, Might we agree that you didn't DIVE IN BLIND? We all take chances but we as investors make informed choices. People FEAR losing money so are they subconciously looking for 100% Guarantee? Just really pealing the onion in a deep psychological way. Just like how you said people won't...

Hi Thomas, I really appreciate your post on this. The words "Guaranteed" usually come from rookie investors or rookie sales people who "imply" the Guarantee. Seasoned investors know that only GIC's are guranteed and no other person can use that term "Legally" The tricky part of what...

What I find interesting is that the REIN system is probably the most "Conservative" way to buy Real Estate, REIN gives away all the systems to manage the "risks" of doing rental properties and there still are REIN members who have the intention to buy but still haven't bought anything. I...

Hi Donna, Here's a lesson I learned in life. You can't expect "more" from life if you're not willing "give more". It has nothing to do with "God" more to do with misalignment. Because making money is the desired end result but at "What cost"? Regardless of what investments you choose to...

Hi Chris, I think best is to buy at 10-15% discount from current market. But that's investing, there are no guarantees on the profit. but to build a solid defence against a falling market and also have a reasonable time frame for appreciation.

I used to own in Kernhan, it's quite a nice little pocket in there. My suggestion is don't get too wound up in these statiistics because trying to interpret this will just give you a headache. As Don always says "It's ALL about PRESPECTIVE!" and really the only prespective that matters in...

Belmont personally, I would consider it lower income. I personally wouldn't buy in belmont. Lots of low quality rentals in there and just seems like a lower end of town.

Hi Brian, Awesome, Let`s bring some real facts to the market and good info. Do you live in Toronto? Love to have coffee with you when I`m done there. QUOTE (BrianPersaud @ Sep 3 2009, 06:50 PM) Hi folks I remember a few months ago at a REIN event Don and 3 other REIN members were having a...