details: purchsed $135 to 138K, rent $1250 to $1275, mtg 40 yr am at prime -.6, monthly pmt=$315 to $350 condo fees $219 monthly P. tax $150 monthly previously HELOC payments of ~$70 monthly but sold a property and paid off LOCs now JVing on these as easy to justify with that cashflow and good...

When I try to reply to a post and I type in my reply in the empty box I completely lose sight of my cursor. No biggie except when I quote a post it overruns the post that I`m quoting and plus I can`t see where my cursor is if I need to edit or replace anything... Once again this is only in the...

QUOTE (ThomasBeyer @ Mar 10 2010, 07:25 PM) true .. but the real money is not in the (usually tiny) cash-flow .. it is in the equity creation through mortgage paydown and value upside ! Tiny? I beg to differ, 2 humble condos I bought in Hamilton in 2008 spin off $4 to 500 a month in positive...

QUOTE (gwasser @ Mar 11 2010, 05:47 PM) Ed, I am so sorry that you have such a hard time understanding investments other than real estate. Real Estate - I have control over the asset once I own it, I choose when and where to invest based on market fundamentals and simple mathematical...

QUOTE (gwasser @ Mar 9 2010, 11:19 PM) So, especially as a small investor, you should diversify into paper securities as well. Paper assets are momentum driven and hence can only be less risky once an investor understands options trading - I don't. RE is simple and I'm a simple guy so I...

Kathi Thomas said it quicker, this person over leveraged themself and wants your help to deleverage. The LOC is her personal problem, its about buying the property under market value or on terms. Why not offer a partnership on the property if you can find an RTO tenant?

Thanks Russ, that worked! I owe you a cold one

I am a Windows Vista user and right clicked to save this audio file. Usually an audio file goes to my pictures file where I can access it, I have successfully done this for many of the interviews Russell has posted in the interview section. It was successfully downloaded and saved... somewhere -...

Nice job and congratulations! Thanks for sharing. Can you explain some of your marketing techniques as in what, how much, and approximate cost? Thanks.

QUOTE (OntarioInvestor @ Feb 21 2010, 03:20 PM) Ed, Just curious. What made you want to sell if you were getting great cash flow on the property? This was the furthest property away from my home base and the greatest PITA, that plus saw a window of opportunity when other property in the...

QUOTE (wealthyboomer @ Feb 18 2010, 02:16 AM) If a kid wants a cellphone, they have to pay for it themselves. It isn`t a life `necessity`. My thoughts exactly, my neighbour complains about having to buy a case of Coke for his teenage son every time he gets groceries-I said to him, `those aren`t...

QUOTE (AndyLuchies @ Feb 12 2010, 11:25 AM) Yes, there is no CRA law saying you must use rental income to pay for rental expenses. You can use investment income however you want, I use mine to pay off my mortgage and let my line of credit pay the expenses. CAUTION: Although many accountants...

http://www.financialpost.com/story.html?id=2552890 The Canadian Real Estate Association has proposed an overhaul of its rules in the wake of allegations by the federal competition watchdog that some of CREA`s practices are anti-competitive, according to internal documents obtained by the...

QUOTE (JDaley @ Feb 11 2010, 08:54 AM) If I were a seller today and could wait for a year or two, I`d wait until this case was resolved - the savings could be large.Unless you saw a window of opportunity now and your realtor set the stage for a sale well above asking price and was negotiable on...

QUOTE (wgraham @ Feb 6 2010, 10:06 AM) I still need to kill two trees to get my mortgages approved (down from 3 or 4 trees) Ha Ha I take all my paper shreddings and put them in my composter - that way all the legalese comes full circle. So you are so motivated to work like hell to get 10 debt...

QUOTE (Rickson9 @ Feb 2 2010, 08:51 PM) When I was 14 years old, I convinced 2 friends to pool our money to pay $500 to get one of us in to listen to a real estate seminar. At that time I had only read "One Up On Wall Street" by Peter Lynch and the seminar "instructor" was Tom Vu (blast from the...

QUOTE (rainman11 @ Feb 2 2010, 11:55 AM) I`m wondering if anyone else has found the market to be very slow over the last while? Is this because of the US recession? I`ve been trying to sell a 63 unit apartment in Thunder Bay Ontario now for the last 18 months. Got a few bites but mostly only...

QUOTE (thecrow79 @ Feb 2 2010, 08:23 AM) For those of you looking for a home inspector in Hamilton. Avoid: Chuck billingsley. He came as a recommendation, however after taking my electrician and plumber with me to double check I was convinced I would have got myself into a lot of trouble buying...

QUOTE (MONEY @ Jan 29 2010, 01:59 AM) Some real deals on those Books, CD`s, etc on Ebay! Great, scoop them up so you can resell them - gotta be some real `MONEY` in that.

QUOTE (REINteam @ Jan 28 2010, 11:20 AM) Happy Investing! And I nearly forgot this one - FREE bug identification, easily worth $Hundreds! ... need to master bug elimination The Rona one I don`t get, I shop a lot at Rona and am on their program, I`ve seen their paperwork but can in no way...