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  1. MonteDobson

    Mortgage Add On Advice

    Hi Mike, Is the "add-on" in the form of a Line of Credit? If yes, I would say go for it as I love the flexibility of LOC`s.
  2. MonteDobson

    CMHC Forcast for 2009 and 2010

    Very interesting...all factors appear to point to a decent recovery in 2010 for Alberta.
  3. MonteDobson

    Alternative investments

    QUOTE (thomasbeyer2000 @ Feb 17 2009, 11:25 PM) ELECTRONIC COCAINE !! I agree...If you like excitement with your investments, then go down to the local casino and bet on red or black. I good friend of mine lost over $5000 in 2 months of investing thru Forex. Remember, investing should be...
  4. MonteDobson

    Can buying a rental property wreck your credit rating?

    QUOTE (holymoly @ Feb 13 2009, 02:55 PM) Should I order a credit report on myself? I`m worried that having three report inquiries in two days will make things even worse for my score. Yes, I would order a copy of your credit report to see what is going on. Check out...
  5. MonteDobson

    It`s Time to Review Your Investment Plan!

    STOP LOSING MONEY ON YOU INVESTMENTS!Are you FRUSTRATED with your investment returns?Are you concerned about the current MARKET TURMOIL and how it may affect your RETIREMENT?Are you seeking HIGHER RETURNS, with LESS RISK?If so, we can help! We specialize in Joint Venture Partnerships...
  6. MonteDobson

    The 15% Tax Rebate on Renovations

    QUOTE (retiredby50 @ Feb 9 2009, 11:29 PM) Hello, I`m wanting to be able to offer help to my clients regarding the tax rebate on renovations, as a marketing tool for my renovation business. I`ve done a Google search, and been to a government of Canada website. Unfortunately, I`ve been unable to...
  7. MonteDobson

    Gst on new rental properties

    QUOTE (wtoews @ Feb 10 2009, 01:13 AM) I have just been told that if I purchase a brand new property that I will have to pay the GST on it because it will be a rental. If I were to live in it , then it would be deferred back to the builder. Is this correct, and if so is there any way I can...
  8. MonteDobson

    Home-market `correction is in full swing`: construction, sales, prices down

    Home-market `correction is in full swing`: construction, sales, prices down Brenda Bouw, THE CANADIAN PRESS February 09, 2009 There are more signs Canada`s housing market is facing a significant slowdown after a double-digit percentage drop in home construction starts last month and a...
  9. MonteDobson

    Imperial Oil bucks trend with rare spending hike

    REUTERS January 29, 2009By Jeffrey Jones CALGARY, Alberta (Reuters) - Imperial Oil Ltd <IMO.TO> boosted capital spending by 60 percent on Thursday, partly to advance a multibillion-dollar oil sands project, rarities in an industry hammered by shaky energy and financial markets. Imperial...
  10. MonteDobson

    Canada`s Mortgage Industry Welcomes Federal Budget Announcements

    FYI - Canada`s Mortgage Industry Welcomes Federal Budget Announcements Earlier today, federal Finance Minister Jim Flaherty tabled the federal budget. Several measures affect Canada`s housing and mortgage industry. · Temporary home renovations tax credit of up to $1,350 for eligible...
  11. MonteDobson

    Arms length mortgage

    Are they considered "common-law"? If so, it is not "arms length". Arm`s Length Mortgage • Must be to a third party - no relationship through blood, marriage (including common law), or adoption. Also, the mortgagor cannot be a company that you or your relative partially or fully own.
  12. MonteDobson

    Saskatchewan

    QUOTE (saskbrian @ Jan 22 2009, 10:13 PM) Hello Joe, I just wanted to thank you for dedication to supporting Rein members who live, work and invest here in Saskatchewan. We moved here (from B.C ) 2 years ago because we saw an opportunity and we have enjoyed incredible success since coming to...
  13. MonteDobson

    Tax-Free Savings accounts

    QUOTE (Sherilynn @ Jan 4 2009, 04:05 PM) The new tax-free savings accounts have attracted a lot of attention and it seems that most people are trying to find a way to leverage them. Being of fairly limited imagination when it comes to investments, I have simply started transferring my...
  14. MonteDobson

    Life Insurance

    Thanks Ray...I`ll give him a call!
  15. MonteDobson

    Can anyone suggest a good real estate lawyer - Edmonton or Calgary?

    QUOTE (Goodstuff @ Jan 20 2009, 03:26 AM) Hi everyone. I`m looking for a good real estate lawyer in the Calgary / Edmonton area. In Calgary, try Gisele Bruce at SBB Law Firm. We have used her for a number of transactions and she is great. Tell her Monte sent you! [email protected]...
  16. MonteDobson

    resp

    Yes...basically the same way as your RRSP. Simply contribute or transfer it to a self-directed account such as Olympia Trust and starting making better returns!! Then from there you choose which investment to go forward with, in which there are many options (ie. 2nd mortgages, land development...
  17. MonteDobson

    Life Insurance

    My wife and I are re-evaluating our life insurance requirements and are seeking assistance. Does anyone have any referrals to a knowledgeable and experienced life insurance agent, preferably an independent broker? Best regards,
  18. MonteDobson

    MIC Investments

    Hi All,We have been looking into some investment alternatives and have come across a number of MIC or Mortgage Investment Corporations. MICs are a convenient way to add mortgage-based investments to your portfolio and typically pay between 10-15% interest paid either monthly or quarterly. The...
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