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  1. MonteDobson

    Effectiveness of Stopping Payment on a cheque

    Stop payment on the cheque and you should be good to go. I have done it once and my bank stated that it essentially renders that cheque # null and void. And unless this company you are dealing with is extremely " shady", you should have nothing to worry about (and it would be a fraudulent...
  2. MonteDobson

    Investing in Grande Prairie and Peace River . . .?

    We've invested in GP since 2006, and it hasn't been a lot of fun to say the least. Values are down 20-30% and rents are down 30-50% since when we bought. At the time GP was #2 town in AB to invest in. People were literally living in tents etc as it was booming so extreme. Then the music stopped...
  3. MonteDobson

    Capital Gains on Rental property?

    From what I understand, when a principal residance is converted to a rental, get an appraisal to determine the value upon the change of use. So if you lived there for 9 years and the propert went from 100k to 200k, then you converted to a rental property and it goes from 200k to 250k over the...
  4. MonteDobson

    What are back in rights

    OurRealtor, Quick question, whats with all of the "odd-ball" questions? You should likely be speaking with a lawyer and/or accountant for professional advice.
  5. MonteDobson

    eFax or Internet Fax?

    Yep, its great! We have used myfax.com and grasshopper and happy with both.
  6. MonteDobson

    Sk Member Meeting - Anyone Interested?

    Yep, I'd be interested. As an aside, there is a Saskatoon and Regina based investor group called SIREN that you may want to check out as well. PS. Yes, the beer part sounds good to me!
  7. MonteDobson

    Feedback on possible idea: Secure File Sharing

    Although I am not in your line of work, in our business we utilize DropBox (www.dropbox.com) for file sharing amongst employees and clients. Works great! Best part is it's free (up to a certain amount of storage) with upgrades available.
  8. MonteDobson

    Interest Rate Outlook - QUITE LOW FOR SOME TIME ??? Hence: Go Fixed or Variable ?

    Just got an email today for a variable rate mortgage at prime -0.95% (with some restrictions of course). But goes to show you that the tides have changed and the variable rate spreads are very close to what they were 4-5 years ago when we got prime - 0.75-0.90% on all of our mortgages.
  9. MonteDobson

    Libel Against REIN?

    Wow...GT is quite the dude! This comment from his blog has to be one of my favorites... "Hey Garth,I'm new to your blog and love it! I was saving for a house and to hell with that now.. I`m going to invest my cash to stay liquid. I rang my realtor last week and told him to take me off his...
  10. MonteDobson

    InvestPlus Properties

    Hi Thomas, Please share your funds fee structure, commissions and profit splits? Also, are the shares of your fund TFSA eligible? Thanks,
  11. MonteDobson

    Is it really code or the plumbers are pulling a fast one?

    Hi Nathalie, I am not sure about the code, but we built a home 3 yrs ago and it does not have a clean out trap. It is convenient to have but I do not believe it is code...but let's let the experts weigh in.
  12. MonteDobson

    Site Is Slow To Load at every Click

    Another thing I have found while browsing the site on my Ipad is that it frequently boots me off when I select a link, or try to reply or post to a thread. I then have to re-log in every time this happens which is very annoying! Other than that, the site is great...I'm liking it so far...
  13. MonteDobson

    Can a Lira be used for Real Estate Investment?

    Hi Melody, Absolutely you can use your LIRA to invest in RE based investments. Think of it as simply as RRSP that is "locked-in" until retirement. Eligible investments are listed here http://www.olympiatrust.com/plans/eligible-investments.php. All you need to do is open a "self-directed...
  14. MonteDobson

    Regina Investors

    Hi Mike, I am an investor from Regina. Feel free to contact me anytime as I may be able to help you out. We have a good property manager that we use and may be a good fit for you guys. Regards,
  15. MonteDobson

    Selling a property via AFS or LTO - Pro`s and Cons of both??

    Thanks guys for the responses. Chris, the comps we received came in lower than what we would like to get out of this property, so AFS or RTO exit strategies would allow us to extract a higher selling price out of this property by speculating on the value in 2-4 yrs time. Also, Realtor...
  16. MonteDobson

    Selling a property via AFS or LTO - Pro`s and Cons of both??

    Hello all, I have a property in Stony Plain, AB that we plan to sell over the next while and are evaluating a few different strategies, mainly AFS (Agreement for Sale) and LTO (Lease to Own). Can some of the more experienced quick turn folks please help me extrapolate the pro's and cons...
  17. MonteDobson

    New Quick Turn Websites - Which one do you like?

    QUOTE (Luke_Frerichs @ Nov 18 2010, 12:54 PM) Hi Monte, I just visited your sites we are using the exact same wordpress templates it looks like. I just finished completing mine a few days ago www.homebesold.com finds my motivates sellers and www.myhomebargains.ca finds my RTO buyers. Feel free...
  18. MonteDobson

    New Quick Turn Websites - Which one do you like?

    Hi David and Jim, Thanks for the feedback. To clarify, the webuysaskhomes site will be targeted finding motivated home sellers. And the mysaskhomes site will be targeted to help locate LTO tenant buyers. The content is not yet final, and yes I will have 2 separate sites for sellers and...
  19. MonteDobson

    New Quick Turn Websites - Which one do you like?

    Hello All, We are in the process of re-vamping our real estate business starting with our website. The focus of these two "quick turn" sites is marketing for motivated sellers and qualified LTO buyers. Please take a look and let me know which "theme" you like better and why... #1 -...
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