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  1. gwasser

    Radical changes coming for CREA

    QUOTE (JDaley @ Nov 19 2010, 03:06 PM) Isn`t DeSantis the current president ? I think the CREB & CREA can use new blood. A designation like P.Eng for Reasl Estate agents would add instant credibility and enhance the profession - I`m not sure why the CREB hasn`t gone down this road already - the...
  2. gwasser

    Nenshi to move on secondary suites

    QUOTE (RedlineBrett @ Nov 19 2010, 01:31 PM) Saw this on the news this morning and I think it`s great news for investors, particularly REIN members. Those of us that keep nice suites will be able to market them appropriately and we won`t have to fear tenants `dropping a dime` on us with city...
  3. gwasser

    Potential Quick Turn Deal - analysis needed!

    QUOTE (BenSanderson @ Nov 18 2010, 07:55 PM) Hey everyone, I`ve had a potential deal come my way and I`m wondering if I could get some advice on what might be the best plan of attack. Here are the details: - 2 houses located out in a small town, just outside of London Ontario. Population...
  4. gwasser

    Radical changes coming for CREA

    QUOTE (JDaley @ Nov 19 2010, 10:12 AM) Actually I say this because I was told by a realtor that part-timers rae an issue - but anyway, I think it`d be in the best interests of the profession if they`d accredit these guys and have them dedicated to the profession. I agree that a good...
  5. gwasser

    Radical changes coming for CREA

    QUOTE (JDaley @ Nov 19 2010, 09:07 AM) This maybe your case, but as you know it is a problem. You do agree that the pros frown on part-time realtors ? No they don`t, experienced Realtors know that the committed and good ones will stay. The others, for whatever reason will go. I never felt...
  6. gwasser

    Radical changes coming for CREA

    QUOTE (JDaley @ Nov 19 2010, 07:32 AM) This thread has been ruined, what useful information has long been buried thanks to posts like the one above. Your post doesn`t contain anything relevant to the discussion other than name-calling so lets just quit it and move, or lets focus on the issue of...
  7. gwasser

    George W. Bush

    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 read other autobiographies like the one of...
  8. gwasser

    AFS with Money...

    QUOTE (CarrieKoch @ Nov 17 2010, 10:35 PM) Typo - mortgage 250. Moving money - down payment on another houseI think its a lot to and I have a handful of other deals, but this could also be profitable, just want to make sure I protect the 40k and that we get a good return. I`d rather have her...
  9. gwasser

    Due diligence!

    QUOTE (larolargo @ Nov 16 2010, 11:29 PM) The type of deal that I meant is to buy with AFS(no money) and sell with lease to own. You are right! It`s better to pay a home inspector in the beginning than to have a big surprise when you close with a tenant/buyer. Thank you Jim! Mario I would do...
  10. gwasser

    Commissions expected?

    QUOTE (BradTaylor @ Nov 16 2010, 04:19 PM) Do Realtors deliberately ignore listings that only offer a fixed commission? In such a tight economy I would think a realtor would take anything he or she could get. Love to hear your thoughts? A Realtor is supposed to act in the best interest of...
  11. gwasser

    Radical changes coming for CREA

    QUOTE (JohnS @ Nov 17 2010, 03:13 AM) Another brilliant example of how you attack the points raised, and not the person, I guess. :-) Have a good one, all! JohnS Really hope that the moderators leave this example of JDaley `Attacking the point not the person` on-line. As a mild example of...
  12. gwasser

    Radical changes coming for CREA

    QUOTE (luckyluciano @ Nov 16 2010, 07:03 AM) This X 2. It amazes me how JDaily continues to spew opinions about something he knows little to nothing about as though it was fact. Realtors here post their knowledge about what it takes to list and sell houses and he propogates that its a website...
  13. gwasser

    TFSA vs RRSP

    QUOTE (ThomasBeyer @ Nov 12 2010, 05:03 PM) Since both TFSA and RRSP are allowing the same investments in it and tax free growth, you should always always maximize the RRSP contribution room FIRST as you get a tax deduction on any contribution. Only when your RRSP contribution room is 0 .. then...
  14. gwasser

    TFSA vs RRSP

    QUOTE (2ndstory @ Nov 12 2010, 11:26 PM) That's what I was thinking, Thomas. When do I need money? Now when my expenses are the most. I have debts, mortgage etc. Invest in the RRSP and use the refund to pay down debt or reinvest makes sense to me. Nik A problem with both RRSPs and TFSAs...
  15. gwasser

    TFSA vs RRSP

    QUOTE (2ndstory @ Nov 12 2010, 12:42 PM) What if the RRSP discount brokerage account is something that I see as long term? When I retire, my bracket should be lower, correct? Nik TSFA is long term as well and you will not be forced to put your investments into a RIFF and closedown the RRSP...
  16. gwasser

    TFSA vs RRSP

    QUOTE (2ndstory @ Nov 12 2010, 02:18 PM) I`m about to open a discount brokerage account and do some trading / investing. Wondering which vehicle is better? I had been thinking that since I have lots of room in my RRSP and it would be good to save on taxes now when I need cash, the RRSP might be...
  17. gwasser

    Where The Rich Go To Get A Loan

    QUOTE (2ndstory @ Nov 12 2010, 12:42 PM) What if the RRSP discount brokerage account is something that I see as long term? When I retire, my bracket should be lower, correct? Nik TSFA is long term as well and you will not be forced to put your investments into a RIFF and closedown the RRSP...
  18. gwasser

    Where The Rich Go To Get A Loan

    QUOTE (2ndstory @ Nov 12 2010, 11:13 AM) When it comes to property, I leverage it. For me, and most of us, there isn`t really away around it. The goal in a long term real estate portfolio is to hold until it is leveraged very little or not at all. Since, especially in MB where I`m invested, most...
  19. gwasser

    realtor conflict of interest

    QUOTE (bizaro86 @ Nov 10 2010, 08:10 AM) I suspect the vast majority of people who buy real estate as an investment are no longer involved with real estate as an investment after 5 years. They discover that there is no free money in life, no matter what the ....... new real estate investor`s...
  20. gwasser

    Cash flow or Appreciation

    QUOTE (ekisielewski @ Nov 9 2010, 06:05 AM) Very interesting....would you mind sharing what kind of returns you have seen from your stock investments in the last 5 years? Thanks Elisabet Kisielewski Considering that over the last five years we experienced one of the worst bear markets since...
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