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  1. tbarcier

    Townhome complex purchase possible?

    Keep reading , it gets much, much worse. Its is listed on ICX. I only know about it from this thread. I just did some research.
  2. tbarcier

    Townhome complex purchase possible?

    Its called Northumberland Court. You should go to www.mrccc.org. You can Google it too. It`s quite scary to read.
  3. tbarcier

    Rent-to-own as an investment strategy

    Wow Dan I glad I`m not the only one getting those apps! I thought maybe it was just people in my town who are that crazy. I had one with Income around 9500, was going to buy a 300,000 home with no money down. Anyone offering 95 yr amo zero interest??
  4. tbarcier

    Townhome complex purchase possible?

    Wow! That place sounds like it just needs to be bulldozed! I can even imagine paying 100,000 for each of those. I like how the pictures are from 10 years ago! I hope you have ALOT of money to invest in repairs.
  5. tbarcier

    The Depreciation Factor!

    I was only teasing.
  6. tbarcier

    The Depreciation Factor!

    QUOTE (Nukav @ Oct 16 2009, 04:08 PM) Thomas, if you paid cash for the car, wouldnt it then be an asset? As someone who has a quote from Robert Kiyosaki as their signature, I am shocked you would suggest that.
  7. tbarcier

    Seller`s RE Agent Purchased the Property!

    This same thing happen to my friend`s neighbor. I inquired about it and according to my agent it is legal. They have do disclose that they are an agent, and in this case that is obvious. Is it ethical? Depends I guess. No one forced him to accept the offer. My friend`s concern was that the...
  8. tbarcier

    Home Line of Credit

    Use the seach function, I`m sure you will find what you are looking for.
  9. tbarcier

    HAMILTON

    QUOTE (Restaterocket @ Oct 11 2009, 08:01 AM) With the economy they have, with the tenant laws in Ontario, with the latest Human Rights report..Hamilton would be one of the places people should avoid. A little vague don`t you think? Are you referring to the Policy on Human Rights and Rental...
  10. tbarcier

    Variable Rates going to 2%!

    QUOTE (luckyluciano @ Oct 5 2009, 08:31 PM) As for you cash flowing at 6%. Care to elaborate with some details? I still think you are out to lunch, but whatever, everyone is entitled to their opinion. As far cash flow goes, its pretty basic. If the interest rate I was paying right now was 6% I...
  11. tbarcier

    Variable Rates going to 2%!

    So you profit from over inflated pricing and low interest rates, yet complain that the gov`t his setting people up for disaster. And BTW I cash flow at 6% no students.
  12. tbarcier

    Moving from Equity to Income

    QUOTE (luckyluciano @ Oct 4 2009, 07:52 AM) Continuously buying & refinancing is fine but the TRUE owner of the property is the Banker....you are just managing it for them. Buying for cash flow and appreciation only is forgetting that interest rates can double, the supply of rental properties...
  13. tbarcier

    Got my Bronze Pin Whooo Hoooo

    I had the pleasure of receiving my Bronze pin last night from Don at the ALIFE conference. I`m pretty pumped about it, just thought I`d share. Thanks Don! Special thanks to Amy and Donna!
  14. tbarcier

    Post from A.L.I.F.E.

    It was awesome! So much gold information. Amazing job by all! Thanks to all that made this possible.
  15. tbarcier

    Rent to own

    Only REIN members can access that Joe. Those are non members asking.
  16. tbarcier

    Seller realtor asks financial questions

    QUOTE I guess the real estate situation changed a lot for the last several months. I just bought a property today, still did not have to do anything like that. QUOTE No, I do not use a buyer`s agent. I do search on my own. I know what exactly I need and where. Also, I have some time on hands...
  17. tbarcier

    Seller realtor asks financial questions

    I have never had to. I would tell him to have a nice day and move on. He will have an interesting time selling that one. Are you using your own agent? If not I would suggest using a buyers agent.
  18. tbarcier

    Rate cuts on Variable Rate Mortgages

    SO as the prime goes lower the mortgage rate goes higher *sigh*
  19. tbarcier

    Mass Foreclosures in Canada`s Future

    To quote Garth "Long live the king!"
  20. tbarcier

    More difficult lending environment ?

    QUOTE (thomasbeyer2000 @ Oct 27 2008, 10:28 AM) a great rate .. when did you get it ? a few weeks to a few months ago ? Today that would be higher .. I was offered the same last month on a renewal.
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