Thanks again Thomas! Ok, I will leave the $200 in the bank account for now in case things do happen. I won`t touch it unless I have 2 months of mortgage payment tuck away in the account. Then I will think of what to do with the money. Thanks Sherilynn. My property is a 2006 built...

QUOTE (thomasbeyer2000 @ Nov 22 2008, 07:44 PM) Try these kind of ads: 3 months free rent (and when they ask you tell them it is for a 3 year lease, with every 12th month free, i.e. the last month of every year ) .. but that should get some calls .. Mmmm... this is a good incentive. Lock...

Yes, THANK YOU YALL for the advice. I am going to do bi-weekly pay down of $100. That way I will save more interest over a long period of time. Yeah, once the mortgage on principle residence is paid down, then I can refinance HELOC for investment purpose (interest will be then tax...

QUOTE (greghabstritt @ Nov 21 2008, 07:39 PM) Wait till you guys see some of the information I`m going to present in the RRSP Secrets Program.I have a financial planner who literally is going to reveal some of the dirty secrets of the financial industry. He`s actually giving up his license and...

This reminds me of a junior mining company that I had some stocks with. The company was purchased by a Chinese company CASH. I had no complaints cuz they almost paid double than what I purchased for originally! Now go buy GM`s stocks.. LOL

Hi Fellow REIN (expert advise needed!) I know this issue has been brought up before by other members. However, I feel that everyone`s situation is different so it is still worthwhile to seek some expert advice on here. I have a rental property that generates about $200 cash flow a month. I...

QUOTE (GarthChapman @ Nov 18 2008, 11:26 AM) Tommy, read the Condo Corp Bylaws to see what they say about who can own a stall, and if there are different types of stalls. You can use a lawyer or do it yourself if you have enough knowledge to handle the requirements, assuming you are paying...

Hi Fellow REIN, I own an apartment style condo. I want to buy a titled parking stall from someone else in the complex. What do I need to be aware of? How is the sale completed? Since it is a titled unit, do I go through the lawyer as if I was buying a condo? Any input is appreciated! Tommy

QUOTE (GarthChapman @ Nov 16 2008, 02:15 PM) Don`t try to cross the bridge until you get to it. Think about your possible options but don`t do anything. A warm home for their baby (truck) will become less important as time passes. Many problems we prepare for in life never actually happen. And...

Hi everyone. I am a new landlord now! I just had a couple from Nova Scotia since November. My property is a newer townhouse with double attached garage. When the couple came to look at the property, they had a small rental vehicle. They looked at the size of the garage and they thought it...

I came across Novo Condo that advertises most of the new constructions in North America. It`s a big site with a lot of database. I assume that they receive a cut from the developers for referring clients to them. http://www.novocondo.com/ Check it out. Tommy

QUOTE (nepoez @ Nov 16 2008, 01:39 AM) Hi guys/gals, I have never been a renter before, but I would imagine if I were, I would not want to sleep in a bed someone else has. At least not for a long time. I am wondering what your opinions are on installing luxury(looking) furnitures in rental...

Ok, I just tried Spin II system! Yes, we can pull out mortgage details based on the registration number. The document reveals payment amount, rate and type of product. This is an awesome tool. On the downside, it`s scary to know that someone can easily pull out that private information...

QUOTE (BarryMcGuire @ Nov 12 2008, 10:37 AM) Wade is on the right track. Once you have your title search you can get a copy of anything registered against the title using the nine-digit registration number shown on the title. I just tested this by going on the Land Titles Spin II website and...

Thanks Mike and Brett. The reason I brought it up was at Edmonton Quick Start Barry mentioned about pulling title to investigate further about the encumbrances. Don gave an example of pulling out mortgage details from the title search to know if the loan is closed or open and penalty...

hi Sean, The website is clean and easy to navigate. My only concern is under your "Fundamentals" tab, you use the graphic presented at QuickStart. I would say that the graphic is an intellectual property of REIN (the company). Shouldn`t you accredit it? It`s not a big deal. Just a thought...

Hi everyone. First of all, I want to thank Barry for presenting us the latest Due Diligence workbook that teaches us some basics about how to read Title Search. It is extremely helpful! My question is: I went and pulled a title on a property I am going to submit an offer. I thought we...

I have been following rents in NE Edmonton and Downtown for some time now (since summer to be exact). The rents for 3-bedroom/1.5-bath old townhouses have certainly gone down $50-100 a month easily. My interpretation of the trend is that when Edmonton had all-time listings on the market...

Does anyone know about Alberta? Can we legally put a clause of "banning smoking" on our lease agreement? This is an interesting issue.

QUOTE (GarthChapman @ Nov 3 2008, 09:26 PM) Historical vacancy rates in that sector run at around 30% so build that into your financial analysis. The last 2-3 years have been much better but the times, they are a changin`. I agree. The changing climate in the big industries will definitely...