Thanks for the explanation. The buy in bulk idea is now a new seed in my mind for future use, if I do well these next few years. QUOTE (thomasbeyer2000 @ Dec 24 2008, 03:10 PM) I am saying that a few things drive value of real estate: inflation, upgrades, location improvements, increased...

Having a good agent that is willing to work according to YOUR agenda will change your view. After all, you don`t pay commission when you buy, there`s no reason not to try to find a good realtor. It took me a while to find a good realtor as a team member but I am really really glad I did...

HAHAHA... I`m just curious what his exact words are. "Dear client, we need to verify that you are not a terrorist before proceeding" QUOTE (spark1 @ Dec 22 2008, 10:03 AM) Hi all, I am a beginner investor, just looking for my second investment property. Yesterday I tried to see a potentially...

Maybe it will be a meat market! QUOTE (mcgregok @ Dec 24 2008, 06:40 AM) Well, I think there is one thing we can all agree on and that is it will not be a sellers market this spring.

As "negative" as Jack is, I as a new investor also share the same fear regarding oil. Can the experts please provide some insight? QUOTE (Jack @ Dec 24 2008, 06:53 AM) Not sure, yet, but I`m sure that there`s a city out there that will give me a better return over 5 years than Calgary. That`s...

I`m going off topic now. You say you buy apartment buildings, I can`t afford a building. In this case, would you suggest apartment units over single fam with suite, over town houses for a family, etc? or does it not matter what unit type? QUOTE (thomasbeyer2000 @ Dec 22 2008, 04:35 PM)...

http://www.rbc.com/economics/market/hi_house.html

I`ve had a town house vacant since possession, for over 2 months now managed by Libertas. Not sure if changing strategy to target singles that just need a room would be a good idea. $450 per room, and kitchen/washroom/laundry is shared. Any input? I`m starting to wonder why I bought this...

I think the problem with buying on an uptrend is that you can only know it`s an uptrend in hindsight. If you think you`ve identified an uptrend and buy, it could in actuality still an down trend. Hard to explain what I mean. QUOTE (mcgregok @ Dec 20 2008, 08:13 PM) Good reasons to wait to...

I agree with the fact that there`s a lack of financial education. However addiction and weakness plays a much bigger role in the never ending supply of renters. There are much too many people who ARE financially educated but would not ever be able to own a home even if one could be had for...

It`s probably true that variable will be better in the long run, as they are expected to be lower than fixed. But if the fixed rate works for your business plan, and it helps you sleep at night it`s not a bad idea. QUOTE (investmart @ Dec 19 2008, 01:51 PM) Well Jack, you can recommend all you...

QUOTE (TIMWEMBLEY @ Dec 17 2008, 09:11 PM) you get a foreclosure on your credit score which really sucks but you net worth went up 300k I don`t think ur really up $300k net worth. If you bought $1M, $800k borrowed, $200k down. they take your property and now you own nothing but you lose $200k...

QUOTE (TIMWEMBLEY @ Dec 17 2008, 09:11 PM) you get a foreclosure on your credit score which really sucks but you net worth went up 300k I don`t think ur really up $300k net worth. If you bought $1M, $800k borrowed, $200k down. they take your property and now you own nothing but you lose $200k...

How will we be affected if our real estate unrealized loss is down 50%(just a # I pulled out of my rare pocket) next year. For example, if I buy $1M worth of properties today, even though in 5 years they may be worth $2M which I will wait for, but before that time, say next year the market...

I`m investing in Edmonton right now. If I can KNOW that 5 years from now, the market will be WAY above current state, then it doesn`t matter if the market dips another 50% next year, since I don`t sell for 5-10 years. But the question is, what will the future of AB be like in 5-10 years? I`m...

Didn`t Benjamin Tal also say oil isn`t going to go below $100? QUOTE (RobMacdonaldCMT @ Dec 15 2008, 09:31 AM) I had the opporunity of hearing Benjamin Tal speak a week ago. His prediction is that we will NEVER see deep discounted VRM`s again. Prime, maybe prime - .25%, prime +.25%, but the...

https://www03.cmhc-schl.gc.ca/b2c/b2c/init....000630000000001

I was actually thinking City of Vancouver, however I didn`t think Burnaby would work either, I don`t think I looked hard enough when I started and just gave up and started looking in Edmonton right away However, the prices have gone down recently and could probably adjust further. Hmm...

True. I must correct my statement to "You won`t find cash flow in Vancouver on 100% financing or even 70% financing" QUOTE (thomasbeyer2000 @ Dec 14 2008, 03:02 PM) sure you do .. you just can`t leverage as much as in other parts of the country ! You have very low vacancies in Vancouver and...

Hi guys, If you were not into real estate and you ask me why buy real estate, would the following metaphoric paragraph make you some what interested or a least start thinking? Imagine being stranded in the middle of the ocean where there are sharks and jelly fishes everywhere. You are just...