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  1. gwasser

    Pulling comps - Ron LeGrand style

    QUOTE (BenSanderson @ Oct 13 2010, 12:02 PM) Thanks for everyone`s input! I agree that specialized knowledge of an area and it`s housing data is a tremendous asset, however it should be understood that Ron`s system is not geographically specific. I know the "Southwest Kitchener 1300 sq. ft. 3/2...
  2. gwasser

    The TSX has broken out of it`s trading range

    He Ed, you must love this short post - a picture though is worth a 1000 words, so maybe still too long? This is a follow-up on the posting: "The TSX has broken out of it`s trading range" of October 8, 2010. Now the Dow is about to break-out as well. Hold on to your seat...
  3. gwasser

    The TSX has broken out of it`s trading range

    QUOTE (Rickson9 @ Oct 11 2010, 12:41 PM) No offense, but I don`t think that either Buffett or Munger has ever said that. I`ve read a lot of their writings and I haven`t read anything around `taking profits`. I could be wrong of course (I often am), but if you had a source I would be interested...
  4. gwasser

    The TSX has broken out of it`s trading range

    QUOTE (wealthyboomer @ Oct 11 2010, 01:05 AM) Time to take some Profit$ One of the numerous one-liners by Charlie Munger and Warren Buffett says: "Nobody has lost money by taking profits". Having said that, a break-out as shown on the chart is, according to technical guys the sign of more...
  5. gwasser

    Can smart property investors get bankrupt

    QUOTE (Pheenix @ Oct 10 2010, 07:59 AM) Hey W.B. I am always reluctant to discuss the unemplyment figure during times of economic stress without looking at the participation rate. The US Department of Labor`s, Oct 8 release shows this as 58.5%, which is down from approx 66% in 2005 according...
  6. gwasser

    Dilemma Regarding Potential Tenants - Would You Accept Them?

    QUOTE (invst4profit @ Oct 10 2010, 08:56 AM) What great advice exactly did you take away from there posts? Nine very experienced LLs, including a Para Legal specialising in representing LLs, on the Ontario LL forum advised you to pass on these applicants or at the very least Good luck. You...
  7. gwasser

    The TSX has broken out of it`s trading range

    If you like technical investing, you must have noticed that over the last week or so, the TSX has broken out of its trading range and that the Dow is above 11,000. Considering the black mood prevailing just a few months ago - a mood that even affected me - this is just a miracle. This...
  8. gwasser

    2010 Success Story

    QUOTE (Rickson9 @ Oct 8 2010, 09:59 AM) Awesome advice and congratulations on your success! I think congratulations are due to both of you. Keep up the good work. My return year to date was around 10% and 17% annually since 2003 - not bad for a conservative boozo. Unfortunately my...
  9. gwasser

    Radical changes coming for CREA

    QUOTE (housingrental @ Oct 7 2010, 11:50 AM) JDaley - Don`t be fooled - Many other readers value your contribution`s to this forum and the more conservative and grounded perspective you provide. Adam, I am not upset. I just don`t think it is worth my while to further respond to this thread. I...
  10. gwasser

    Dilemma Regarding Potential Tenants - Would You Accept Them?

    QUOTE (investmart @ Oct 7 2010, 08:52 AM) Would you proceed with them? please consider the fact the area is not in a very good part of town. therefore I can not expect a professional making 100K or something. THANKS. Sounds like you decided already. If you`re really concerned ask for some...
  11. gwasser

    Buffett: Business is coming back

    QUOTE (Rickson9 @ Oct 6 2010, 09:25 PM) For anybody who might be interested. http://money.cnn.com/video/news/2010/10/05...tt_MPW.fortune/ This is a fabulous interview. So much wisdom regarding investing and optimism in the future. Nearly as inspiring as Don Campbell
  12. gwasser

    Good price per condo in Calgary beltine?

    QUOTE (ThomasBeyer @ Oct 6 2010, 12:54 PM) AND in a stable apartment building .. which may NOT be the case here if several (or all ?) units are owned by the bank !! Recently I came accross a condominiumized 15-suiter near Edmonton Trail and 16Ave NW in Calgary. It had listed 2 bedroom units for...
  13. gwasser

    Radical changes coming for CREA

    QUOTE (Rickson9 @ Oct 6 2010, 10:44 AM) I think it would be cool to see WalMart get into the RE business. I would consider what they had to offer. What do you think that WalMart could offer that a Discount Real Estate Broker couldn`t? With the discount brokerage being barely an economically...
  14. gwasser

    A Plea

    QUOTE (wgraham @ Oct 5 2010, 07:58 PM) what's BTW....anyone got that link to Thomas's abbreviation topic.....i searched abbreviation but it didn't come up with anything. What about the hockey game? you guys still haven't answered my question about the hockey game.... frustrated! BTW I...
  15. gwasser

    A Plea

    QUOTE (ThomasBeyer @ Oct 5 2010, 03:57 PM) I prefer that to lamb actually .. .. just to keep this post off topic .. I think that is just because you had a bad vacation experience in New zEALAND. BTW do you guys KNOW anything about the LATEST CAPsLOCK legislation?
  16. gwasser

    Alberta House Prices OVERVALUED.

    QUOTE (ThomasBeyer @ Oct 4 2010, 11:55 AM) as opposed to realistic optimism ? I`ll let you decide You`re welcome, Adam.
  17. gwasser

    Radical changes coming for CREA

    QUOTE (housingrental @ Oct 3 2010, 11:43 AM) Hi Godfried - How many full service brokers have produced that much added value after fees vs something like E-trade? For most investors.. few.... After 30 years or so of investing I use both a discount and a full service broker. My full service...
  18. gwasser

    Alberta House Prices OVERVALUED.

    QUOTE (housingrental @ Oct 3 2010, 09:43 AM) I`m interested in reading more discussion on the future direction of Alberta`s housing market I can see that Vancouver and Toronto may be overvalued in general terms, but Calgary? Since 2000 property values have increased dramatically even taking...
  19. gwasser

    Radical changes coming for CREA

    QUOTE (wealthyboomer @ Oct 2 2010, 08:43 PM) How were all the FSBO (FSBO companies control 30% of the Alberta market, according to a B.C.Realtor) able to sell without using a realtor, or by paying a low commission to the buyers agent? Their advertising exposure was website, signs, etc. And as...
  20. gwasser

    Radical changes coming for CREA

    QUOTE (JDaley @ Oct 1 2010, 12:35 PM) Yes it looks like the CREA will in fact `settle`, as expected. I think its members will have to ratify the agreement, however, from what I heard the CB received a flood of support and additional complaints as soon as they went public. With a mountain of...
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