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  1. MonteDobson

    Ron LeGrand Mentoring program

    QUOTE (Vladimir @ Nov 3 2010, 07:49 PM) Hi all, I attended Quick Turn Real Estate School in Toronto last week where I heard several times about this Mentoring program. Looks like some REIN members took this program in the past. I`d love to hear some comments on the program, like who was the...
  2. MonteDobson

    realtor conflict of interest

    QUOTE (gwasser @ Oct 31 2010, 08:53 PM) Hmmm... Now Michael, for property showings, I`ll be charging $200 per hour plus 40cts per km to cover transportation. Ohh! I`d love to fill in and deliver some purchase offers for $300 per hour. What about writing the condition waiver at $75.00 each or...
  3. MonteDobson

    Real estate deal to reshape home-selling

    QUOTE (myrealtydotca @ Oct 30 2010, 06:54 PM) I just joined the Calgary Real Estate Board a few weeks ago. See: http://www.myrealty.ca/about.asp Yours truly, ________________________________________ Mark Annable, Broker, myrealty.ca (Alberta) Managing Broker, myrealty.ca (British Columbia)...
  4. MonteDobson

    Real estate deal to reshape home-selling

    QUOTE (myrealtydotca @ Oct 30 2010, 04:51 PM) I provide 0.5% commission service in Mississauga and Toronto also. Yours truly, ________________________________________ Mark Annable, Broker, myrealty.ca (Alberta) Managing Broker, myrealty.ca (British Columbia) Broker of Record, myrealty...
  5. MonteDobson

    Down payment required.

    QUOTE (helidoug @ Oct 15 2010, 08:23 PM) well this certainly changes the amount of capital one requires to get started. Do you know who instituted this requirement? Where I can read up on who sets these policies? The Federal Government implemented these changes: More info @...
  6. MonteDobson

    Pulling comps - Ron LeGrand style

    QUOTE (gwasser @ Oct 14 2010, 09:29 PM) In Alberta, we have a government website where you can sign in as `guest` to search for the title (and pay by credit card). Once you find it, you can pull it for $5 this includes an e-mail to you with the title on PDF attached. Also, you can find here...
  7. MonteDobson

    2010 Success Story

    Good work! With regards to stocks I learned a valuable lesson about 5 years ago, and it was to invest in industries/businesses/segments that you are familiar with since most of us do not have the time, energy or resources to do the required research involved in picking good stocks. Although I...
  8. MonteDobson

    Investor Owner of Property Management Company

    QUOTE (MooseHead @ Sep 19 2010, 08:55 AM) Hi everyone, I was just curious if there was anyone here who runs their own property management company as well as being a real estate investor. If one could successfully do so, you could effectively turn a cost (property management) into profit by...
  9. MonteDobson

    Comparison Of Popular Readvanceable Mortgage Products In Canada

    QUOTE (JimWhitelaw @ Sep 19 2010, 11:36 AM) 2) Accessing the LOC required a complete new application and qualification by Scotia. So basically, we had the worst of both worlds - couldn`t put on secondary financing and couldn`t access the LOC. Hi Jim, When we went to access the LOC at Scotia for...
  10. MonteDobson

    The NDP Attacks ON LL`s: the OLA (a friend of REIN) Responds!

    QUOTE (RebeccaBryan @ Sep 19 2010, 08:10 AM) I moved from Saskatchewan to Alberta in 2001 because I did know what I was missing. :-) Sometimes the grass is greener on the other side of the fence. I`m not trying to slam Saskatchewan, there`s nothing like being brought up on a farm in the...
  11. MonteDobson

    Comparison Of Popular Readvanceable Mortgage Products In Canada

    QUOTE (MooseHead @ Sep 19 2010, 10:16 AM) Also, has anyone had any personal experience with any of these mortgages? If so, how did/do you find them from an investors point of view? Cheers, MH They work very well in my opinion. We have numerous STEP mortgages and a couple at Firstline (Matrix)...
  12. MonteDobson

    Looking for a RTO company to JV

    QUOTE (Luong98 @ Sep 16 2010, 09:28 PM) Thank you for that great advice. I guess what I am really looking for is someone experience in RTO that will partner with me to structure the deal. My alternative is structing this deal myself but RTO is not my speciality. I`m not sure if this is typically...
  13. MonteDobson

    new 4-plex

    QUOTE (rharrap @ Sep 10 2010, 02:01 PM) Hi Monte, If each 4 plex has a seperate title, it could easily be done residentially, likely with 20% down. Thanks Rebecca, My concern is that we`ve got 8 mortgages already, so may "hit the wall" at some point in the residential sandbox. And commercial...
  14. MonteDobson

    new 4-plex

    QUOTE (JessHunt @ Sep 9 2010, 09:37 PM) Whew! It`s taken a long time, but I`ve finally purchased a 4-plex, in Innisfail, AB. Hi Jess, Quick question regarding financing your 4-plex. We are looking at a bank of 3x4-plexes in a row. Did it fall under the residential or commercial sandbox? Did...
  15. MonteDobson

    new 4-plex

    QUOTE (JessHunt @ Sep 9 2010, 09:37 PM) I plan to manage this property myself and learn the ins and outs and how to handle new situations. My first is that 2 of the tenants do not use cheques; they pay with cash. Unfortunately they live and work in Innisfail and want to deposit their cash, but...
  16. MonteDobson

    Is there a bubble in Canadian real estate ?

    QUOTE (brendan82 @ Sep 9 2010, 08:23 PM) Thomas, i would be curious to know how much downside you see in the markets of Grande praire, Edmonton and Calgary. We have already see a correction in all but how much more downside do you see? I`m thinking 20-30% of the next 5 years. So Brendan, you...
  17. MonteDobson

    Geographic Information Systems as a tool?

    QUOTE (addbo @ Aug 30 2010, 10:01 PM) Hmm... sounds interesting. I`ve just been playing with Google Earth and it`s definitely a hassle entering individual rental listings and individual MLS listings into it... Just taking me awhile to get any real amount of info in since I was trying to colour...
  18. MonteDobson

    Tenant Location Service in GTA

    QUOTE (vacogroup @ Jul 23 2010, 10:12 AM) I`ve been looking for a tenant location/screening service in the GTA. I`ve got a vacated RTO townhouse in Brampton that I`m looking to fill ASAP (house is almost finished being prepared for its next tenant). I`d like to know who you guys are using (who...
  19. MonteDobson

    Grande Prairie hospital announcement

    QUOTE (kennicoll @ Jul 22 2010, 07:59 PM) Looking for thoughts as to what the New Grande Prairie hospital will do for real estate values. ken That is GREAT news! $520M construction costs from 2011-2014, plus long term employment. Here is a link to Premier Stelmach`s announcement...
  20. MonteDobson

    Mortgage question

    QUOTE (Apri1 @ Jul 8 2010, 09:03 PM) I think secured LOC without mortgage will cost more for me though. Yes, LOC's are currently prime + 1. If you take a variable rate matrix type mortgage, you should be able to get prime-0.6ish, and then prime + 1 on the LOC... only when you use it. I...
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