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  1. gwasser

    George W. Bush

    QUOTE (lilbuffet @ Dec 13 2010, 09:10 PM) must watch for any person who thinks politicians aren`t guilty. Yes I remember the days and statements of the days just before the war. I remember Colin Powell`s statements about mobilebiological warfare laboratories. That has nothing to do though with...
  2. gwasser

    George W. Bush

    QUOTE (gwasser @ Nov 18 2010, 11:00 AM) Just bought `Decision Points` by George W. Bush one of the most controversial U.S. Presidents in recent U.S. history (other than Nixon?). Anyway, you may hate his policies, but the book is easy to read and quite enjoyable (up to now - page 85). I have...
  3. gwasser

    Investing Season (Ontario)

    QUOTE (ThomasBeyer @ Dec 9 2010, 12:32 PM) not a great analogy anymore .. as prices are neither ready for a big drop (aka "fall") .. nor ready to pop (aka "spring") .. so if you must we are either winter or summer .. a steady but slow inflationary rise .. where holding with enough cash-flow to...
  4. gwasser

    Property Maintenance Business

    QUOTE (dplummer @ Dec 8 2010, 03:33 PM) Mark is right. You need the winning attitude to succeed. Doug Since some one else put in 2 cents, here is my 1 cent`s worth of thinking. Show up with a `I can solve this for you attitude` rather than pointing out all the problems and how difficult the...
  5. gwasser

    Seller has a line of credit!

    QUOTE (DavidSandbrand @ Dec 6 2010, 09:52 PM) Mario, Now, you could have the seller contact his bank and have the limit reduced, but if they can do that they could likely also have it increased after you have possession. Thanks, David. I don`t see a problem. You are not taking over the...
  6. gwasser

    Corporate of personal?

    QUOTE (Doc898 @ Dec 6 2010, 08:50 AM) Hello, I have a questions for all experienced investors out there. I currently own a principal residence in Prince George, BC, as well as two suited single family dwellings in the same city. I have just met with my broker, and he advised me that as these...
  7. gwasser

    IN the Words of Annie Lennox - I need a plan

    QUOTE (nubiwan @ Dec 3 2010, 12:28 PM) Hate to disappoint you, but I am into my late 40`s and have 4 young kids. I`ve lived a pretty full life having seen most of the world already and not getting married till about 10 years ago. I got the real estate bug about 10 years ago, but really never...
  8. gwasser

    Fairfax`s Prem Watsa on investing

    Fairfax`s Prem Watsa sees commodity bubble brewing TIM KILADZE 18:31 EST Thursday, Dec 02, 2010 TORONTO — Never mind the current hype over commodities: Prem Watsa and his team at Fairfax aren’t convinced that resources and agricultural goods will continue to skyrocket. “Anything that...
  9. gwasser

    IN the Words of Annie Lennox - I need a plan

    QUOTE (nubiwan @ Dec 3 2010, 07:42 AM) OK, so Annie Lennox never said plan, but I got your attention. Thanks Nubiwan How do you know Annie Lennox never planned? Regarding setting your goals. Well you sound young so I would aim for $20 million net worth by age 55. How does that sound? Would...
  10. gwasser

    Rental potential for brand new condos?

    QUOTE (bizaro86 @ Dec 1 2010, 03:49 PM) Hmmm... This thread was originally about University City, which is on an LRT line, and near a hospital. And (not so incidentally) it`s also near the University and Rocky Mountain College. Oh yeah, and the prices were affordable. Maybe I should make...
  11. gwasser

    Rental potential for brand new condos?

    QUOTE (zzebian @ Oct 2 2010, 09:03 AM) I also walked by and googled some address'. It looks like the old KFC and some retail bays behind it are mostly vacant. I would assume it's somewhere around there. 3802 Brentwood Road N.W. Calgary Alberta T2L1K8 I bought a unit at University...
  12. gwasser

    Condominium law in Edmonton.

    QUOTE (PaulPoulsen @ Nov 30 2010, 06:15 PM) All very true but unfortunately, we`re beyond that point. This has been an ongoing process for the past 18 months and there`s so little participation from owners that we`re left with no other option. If, in spite of all your good advice, someone was...
  13. gwasser

    Condominium law in Edmonton.

    QUOTE (PaulPoulsen @ Nov 30 2010, 01:05 AM) One of the condo boards I sit on is looking to revised its bylaws. Part of this process will include passing a special resolution (or a series of special resolutions) where 75% of 75% of all owners will need to agree that these new bylaws will replace...
  14. gwasser

    which lenders to use first

    QUOTE (andrewi @ Nov 24 2010, 07:43 PM) Hi all, I remeber reading/hearing from Peter Kinch that to save `cap space` you should borrow for your 1st 3 properties from a non-chartered bank. Did he men to include your principla residence as 1 of the 3 or can you do your Principal with a chartered...
  15. gwasser

    snow removal clause in lease

    QUOTE (bizaro86 @ Nov 24 2010, 10:17 AM) What level was that court? An Ontario provincial court is not binding to other province's, although it can be "persuasive." If it's not clearly against the rules, I'd put it in, since most people will do what they have agreed to do without taking...
  16. gwasser

    Realtor to do comps!

    QUOTE (larolargo @ Nov 23 2010, 09:18 PM) By comps I mean similar properties SOLD in the subject area so I can get a ball park. But like you said, adjusted comps would be much better! There`s a website called mylandcor.com. However, I don`t know how reliable those comps are. You can get the 5...
  17. gwasser

    Realtor to do comps!

    QUOTE (larolargo @ Nov 23 2010, 06:59 PM) What`s the best compensation plan to work with a realtor in order for me to get comps? I won`t be really selling with them since my exit strategy will be a lease to own so I was wondering about a fair way to deal with them. Would $10 per comp be okay...
  18. gwasser

    How soft is the Calgary rental market right now?

    QUOTE (ronaldk @ Nov 22 2010, 11:16 PM) Incentive as giving the first month free could help.You might want to lower the rent as the colder it gets the sloppy the tenants get when it comes to moving.Always should have your rental agreement ending NOT during winter season. Be carefull offering...
  19. gwasser

    Nenshi to move on secondary suites

    QUOTE (RedlineBrett @ Nov 19 2010, 03:23 PM) Local members and community surveys will almost never support greater densification of their communities particularly amongst single family homeowners in areas the city wants to see greater zoning in, even though it may be in the best interests of the...
  20. gwasser

    Need help for my first residential/income property purchase in Edmonton

    QUOTE (Robax @ Nov 18 2010, 12:55 AM) I`m considering the followings: 1) Purchase a single family home to stay in and rent out the other. It must have a separate entrance for tenant to have more privacy. 2) Purchase a townhouse with 3 or 4 rooms and stay in one of the room. Am not sure if...
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