QUOTE (LillianHo @ Nov 8 2010, 03:39 PM) As a Chinese Canadian who live in Canada, but still have family in Beijing, I totally agree with Thomas. Asian immigrants will push the Vancouver real estate price up more...you will see the price increase again in the near future. My last visit to China...

QUOTE (bizaro86 @ Nov 8 2010, 09:29 AM) Speaking only for myself...Absolutely not! Speaking more broadly for my generation, I suspect those of us in our 20s now (Gen Y) who end up with the resources to retire elsewhere won`t be retiring to BC as our forebears did. The world is becoming more...

QUOTE (housingrental @ Nov 8 2010, 08:52 AM) Hi Godfried I think the bigger issue is the question when written in its current form doesn`t make a lot of sense - You can`t know the appreciation of one area will be 1% and another area will be 4% in advance.... I agree and as Thomas pointed out...

QUOTE (WadeFenner @ Nov 7 2010, 09:03 PM) You can`t eat or pay your bills with appreciation. Its a nice bonus but its desert not the main course. I don`t agree with this Wade. It is too much of a generalization. Thomas` answer is closer to the ball. Positive cash flow is important, but you...

QUOTE (ThomasBeyer @ Nov 7 2010, 03:14 PM) depends on the light .. as one light might say: interest rate growth (from 3% to 12%) and then perhaps real estate is not the best vehicle to own. Some folks got killed by crossing the road on a green light too .. as the speeding car didn`t see them ...

QUOTE (ThomasBeyer @ Nov 7 2010, 02:54 PM) What are those 5 lights ? Basically, the idea is that the 5 sets of traffic lights regulate your journey along the investment road; just like you may travel along an avenue with 5 intersections and 5 sets of traffic lights somewhere Downtown. Don...

QUOTE (JDaley @ Nov 7 2010, 12:50 PM) Not now, I think the US is far from clear. Posting positive jobs gain isn`t enough. I think we need to see at least 100,0000-250,000/mo NFP employment gains for a few quarters. The unemployment rate is stuck at around 10%. I have friends in the US and they...

QUOTE (ThomasBeyer @ Nov 7 2010, 11:54 AM) different strategies for wealth creation vs. wealth preservation If you`ve got millions .. then yes, no debt is a good option !! if you`ve got little or only a few million or a few hundred thousand .. [and many but not all REIN members follow into...

QUOTE (RussellWestcott @ Nov 5 2010, 04:19 PM) Great questions... all the questions you mentioned we covered in our call. Just waiting on the audio from the conference call to post online... hopefully this weekend, but most likely early next week. Stay tuned. All I can say is I`m glad to be...

QUOTE (RussellWestcott @ Nov 5 2010, 10:23 AM) Outstanding stuff... Just putting the final touches on the agenda for Carl. Stay tuned to this thread I`ll post the interview once it is completed. Should be some time early next week bookmark this discussion thread! I have a question that is...

QUOTE (ThomasBeyer @ Nov 4 2010, 08:44 PM) wow .. like Vancouver !! How many did you sell, Godfried ? I bought one! Initially I wanted more but it was such a zoo, I didn`t want to get in too deep. During this recession, I realized that it is so difficult without extensive networks and...

QUOTE (ThomasBeyer @ Nov 4 2010, 08:55 PM) interesting .. very interesting ... and good luck to you Wade !! Why a (successful ??) investor that makes money in its sleep is trading for a crowded profession that is on call almost 24/7 and makes $s only when someone buys or sell BEFUDDLES me ...

QUOTE (Rickson9 @ Nov 4 2010, 09:09 AM) The market is completely irrational, pushing my 2010 YTD returns clear past 40%. I have never had an annual return like this since I started investing 12 years ago. I now fully anticipate a brutal 2011 for me. 2010 YTD Returns* NASDAQ +13.6% S&P/TSX...

QUOTE (housingrental @ Nov 4 2010, 08:54 AM) Godfried`s situation is more of unmet high expectations - He is a high income earner with significant expertise in a different field and from the above posts seems to be implying he was hoping to be parachuted into the same situation as a realtor. For...

Over the last year, condomium prices, in particular apartments in Calgary have come down both in price and volume. In October barely 340 units sold citywide. So maybe we`re setting up for a major crash and maybe Calgary`s condo market is overbuild? Think again! After years of muddled city...

QUOTE (housingrental @ Nov 3 2010, 09:54 AM) You are correct Ken Some realtors earn there comission and add value to a transaction. Some don`t. You are right with that Adam. But the question was whether they behaved unethical. In Ken`s first example, I would suspect they were not up to par...

QUOTE (Ken15 @ Nov 2 2010, 07:48 PM) My "beef" is not with the agents that bought the property.... but it is with the agent who`s sold sign that appeared on the property after the sale occured. Is it not their job to look after their client`s best interest? Not approaching a neighbouring...

QUOTE (Ken15 @ Nov 2 2010, 05:24 PM) It`s happened again! I own a vacant parcel of land and the property directly adjacent to me recently sold. Another "backroom deal" that ended up in the hands of a couple of Real Estate Agents!?! Same scenario... A little old lady lived there and somehow these...

QUOTE (housingrental @ Nov 2 2010, 09:49 AM) Hi Godfried Potential for $40 + dollars an hour for the first year of a job that requires less than half year of training isn`t much to complain about. To ensure decent $$ while being a realtor you need to create an efficient lead generation system...

QUOTE (bizaro86 @ Nov 1 2010, 12:22 PM) I`m surprised the mountains grow that fast. Neat! Michael Yeah it is neat. Imagine yourself as a fifty year old Dinosauer walking around 150 million years ago. You walk on a coastal plain where today there are the Rocky Mountains. This was one of the...