Some say there is global warming, some say that`s nonsense and that the earth goes through cycles from ice ages to the climate we currently live in, and eventually back to ice age and so on. I curious about whether we should assume that the average appreciation will continue to be 8% just...

You won`t find cash flow in Vancouver! QUOTE (Karma @ Dec 11 2008, 01:07 PM) Regarding #6- go to Revenue Canada`s site and become familiar with all of the tax rules for rental properties- they will help you to make informed decisions. I`ve set my files up to mirror Revenue Canada so that when...

Are you talking about Abbottsford BC? What are you selling exactly? QUOTE (stephen @ Dec 12 2008, 11:58 PM) Im just curious about selling. I know its trying to time the market but it seems that we are at the start of a down trend. Would it be wise if I were to sell my house then buy back...

Thanks for the more meaty responses this time everyone. Dan, since I do need some income for a while after taking the course, do you think I would be able to find a job after being certified with the UBC course? If not, what else do I need in order to get my foot into the field as an...

I own a 550 sqft apartment down town. But I might be your only guest.

heheh.. that`s very funny. Thanks anyways.

Hi all, I am have been working in enterprise software development since 2002 and I`ve become really good at it and make pretty decent money due to my experience. However, it is not something I enjoy doing anymore. I have been looking to change my career to something that`s more aligned with...

Hi All, The utils that the current land lord are paying are gas, and EPCOR. It seems that you are both suggesting that even when the tenants lease is up, I cannot change the term so that they start paying utils. This is in Edmonton by the way. If this is the case.. that`s no good...

PS. the topic should be called Utililty splitting, not Rent splitting. Hi all, My buddy and I are looking at acquiring a 4-plex in Edmonton. This property`s owner is currently paying for all the utilities and I would like to change that if we were to take over. Right now I am thinking to...

Hi Both, What area are we talking about? QUOTE (RogerPanchuk @ Nov 27 2008, 08:02 AM) I`m not sure if there is a list, but here is a name of a great realtor that understands realestate investing. Tammy Panchuk 403-651-3316 or email [email protected] I may have a bias opion as...

For a $460k mortgage($115k down) at current rate 35y amort you only get under $30k of mortgage pay down over the first 5 years. Not a very good return, but like the previous poster said, if the down payment is from a money partner, that`s free money. Not such a good news for your money partner...

Very interesting theory. But I think this mainly makes sense when migration is not a factor.QUOTE (dwb @ Nov 25 2008, 12:22 PM) A logical concern from an individual investor, however it really comes down to supply and demand of housing for the particular area in question. All things being...

Thanks. I`m glad my theory is at odds to reality! QUOTE (mortgageman @ Nov 25 2008, 08:23 AM) Hi Lucius, Remember that you also have an advantage over people who bought in 2007 and paid top dollar. They need maximum possible rent or they`re in negative cash flow. You`ve bought at a discount to...

Hi thanks everyone for the great feedback/discussion. I`ve yet again picked a few useful tips from everyone`s contribution, be it explicit or totally off topic responses. I am now able to find suited properties that have cash flowing Numbers. Nothing of good quality yet but at least now I...

Thanks for the analysis! QUOTE (invst4profit @ Nov 25 2008, 06:19 AM) If the overall rental market drops there is not much you can do but the likelihood that your new neiborough is going to charge below market because he can afford to is extremely unlikely. As a new landlord he will research...

Hi Tommy, NOPE! It`s been listed for over a month. But the holiday special only started this week. I don`t live in town so there are many things suggested here I can`t do. Internet is probably my best bet.. How long has yours been vacant? QUOTE (TommyK @ Nov 24 2008, 11:22 PM) Did you...

I was just relaxing before going to bed and was thinking about why cash flow is so important but a thought sprung out. Imagine the following scenario: You buy a property that`s cash flowing $200/m today. You feel pretty good about it. You were told that when the market goes downwards the cash...

What do you guys think of 2 of my desperate ads: http://edmonton.kijiji.ca/c-housing-apartm...QQAdIdZ84963519 http://edmonton.en.craigslist.ca/apa/931177495.html

Just a thought. The worth of RE price is relative to in/deflation. If your house was worth 100k from 1985-1995 flat, but everything else is going up in price you are losing value, however if everything else is going down in value then you are making money QUOTE (seeu22 @ Nov 24 2008, 09:25...

By the way. Can anyone answer the question of this thread, "Why is Edmonton the #1 top ten town?" or Why not if you disagree.