QUOTE (RhondaFroese @ Dec 12 2008, 05:51 PM) Hi everyone , I am looking at buying a house located in the neighborhood of McCauley at 108Ave and 92 St in Edmonton. I`m not familiar with the area and understand that it is one of transition. I would really appreciate some feedback about what you...

QUOTE (Jack @ Dec 12 2008, 06:19 PM) -Hasn`t experienced a major run-up in values, indicating stability/efficiency -Young demographic -Very stable employment base -1 university, 1 college -Location: close to Toronto, Ottawa, Montreal, NY -Affordable housing ($236K average) Don`t forget...

QUOTE (Jack @ Dec 12 2008, 05:54 PM) I get slammed, sometimes at the personal level. Why do you think that is?

QUOTE (Jack @ Dec 12 2008, 05:46 PM) Congress` decision to not give the Big 3 a bailout package; GM signalling that they`ll be filing for Chapter 11 bankruptcy, etc. I thought that decision was reached yesterday after the markets had already closed, though I guess (as Zander pointed out) that...

Why was it to tank?

QUOTE (C2Ventures @ Dec 12 2008, 03:15 AM) Zander, I love it...great perspective!! As I mentioned before, RE moves very slowly compared to the stock market, so I totally agree that if you wait, you will lose out in this spectacular opportunity that is sitting right in front of us. It takes guts...

Yes Paul there is a way, it is under User CP ( up top right). Then on the bottom left under Options select "manage Ignored Users" Then just add the name and voila!

Now lets say it goes the other way and now you have lost 10k after 5 years. If you invested properly and you were cash flowing 150 per month, you are out 1000 bucks. Now dont forget to add the mortgage paydown. So after year 5 my $160,000 mortgage at 4.99% for 25 years is now $141,590. So I take...

QUOTE (KimFranz @ Dec 11 2008, 08:10 PM) There are quite a few "ifs" and "coulds" in that original article that was posted - maybe that should be your first clue that no one really knows what it going to happen... Kim Exactly, read the second paragraph. It`s like saying "JACK WILL DIE...

Unless you own a large portfolio, I don`t feel you are qualified to make such a statement.

Price decline, good, I am glad. Now I am really seeing deals come out of the woodwork. Less people buying, ever better. I buy for cash flow so lower prices even better! I am not day trading, nor selling anytime soon. Some people invest based on what they read in the media, however by the time...

http://www.cra-arc.gc.ca/E/pub/tp/it320r3/...html#P154_22141

From what I have read on the CRA web site, the eligibility criteria is the same for RRSP and TFSA.

Check out this thread http://myreinspace.com/rein_members_only/Coffee_Shop/106-8241-Toronto_REINs_T-Kid_Baskets.html I might do this.

CMHC Calgary avg price 2007, $415,392. 2008 YTD , $409,388. So it`s down 1.4%. And the DJIA is down what? 30%?

Exactly! The numbers on the DJIA, what pricing are you using because from Jan 2nd 1981 to Nov 23rd 2007 I get $382,935.96. And as of Nov 21st 2008 $237,369.39

All my properties have been purchased with 5% down and they all cash flow, and I own two plex`s. Now that being said, sure the prices in Canada may be down 9.9%, however who invests in Canadian real estate? In Ontario the average price is up and here in my town we are up 6.1% over last year. So...

Hey everyone, I just wanted to make an update, I now am up to 3 properties (5 doors total) And they are now fully rented!! What a crazy and amazing year so far. I unfortunately had to evict a tenant already for not paying rent, and he was nice enough to leave $1300 damage, however the renos are...

I`ll tell you, In my place I just got, I thought I had tile in the kitchen, turns out its lino, you cant really tell unless you get close. there is some quality stuff out there theses days