Real Estate investors tend to be a very strong headed bunch of people that work hard and are goal oriented. Yet at the same time they have a very difficult time admitting when they have screwed up. Whether an investor owns one property, three properties or three hundred properties there are...

Hi Fraser, I too experience a bit of a 'real estate nirvana' as you so eloquently put it. My first rental property, I purchased in my hometown of Oakville, Ontario. The tenant profile is extremely stable, and are middle to high income earners. Further, I bought in the mid 2000s. As...

Desi, Adam's advice is very good. You need to start planning with a good mortgage broker how you can move your investing forward down the road. I can't believe I am saying this but "sometimes inaction is the best action." Also, as per Greg's comment, there are indeed many obstacles on...

Hi Fraser, First off, I have to say... "put an ass in a cat"... That is my new favourite saying. Absolutely love it! I found your response quite interesting, Your experience renting to people that you taught over the years is very cool. It is a much different experience that...

ha ha. Good catch Chris. My bad for leaving them out. Now that I have had some time to think about it... The Realtors would be comparable to the "player that is acquired at the trade deadline." This player comes onto the team near the end of the regular season and during the push...

Thanks for sharing the link Michael! Regards, Neil.

HI Desi, Welcome to REIN! Based on what you have shared with us in your post, the numbers don't look good for your townhouse as a rental. You mentioned selling your townhouse... Why would you considering doing that given that the current market value is well below what is owed on the...

I have got the perfect analogy for you. Think of your real estate team as a professional sports team` No wait`. `Think of your real estate team as a professional baseball team. Given the fact that most of the readers of First Rental Property are from North America, many of you are...

Thanks Erwin. You are doing a great job yourself! All the best, Neil.

Thanks Donal!

Hey Michael, In the interview that I watched, he spoke with passion regarding electronic communication and the future of it. I did not pick up any of his comments on the New York Times investment. He may have mentioned this in the interview. You can download the interview in the...

Hi Fraser, Points well taken. I really enjoyed your quote. "Don't let a few deadbeat tenants take away the dream" Like you said, it is not IF it is going to happen, but rather WHEN. Being prepared for WHEN it happens by surrounding ourselves with a strong real estate team makes all...

The automatic doors jolted open and a frigid wind blew into the train and right onto my face. Gasping for air I stepped off the train and lost balance on the ice. I almost went down like a sac of potatoes, ready to be trampled on by aggressive commuters coming at me from all directions.This...

The world`s richest man doesn`t care about making money. He thinks it`s crazy if you keep on buying things. Carlos Slim is a telecommunications tycoon that was ranked by Forbes as the world`s richest man in 2010. He firmly believes that electronic communications is now the nervous system of...

The most unsettling feeling you will have as a landlord is the first time you find out that your tenant is not going to pay you rent. I have been there before, and I would compare this feeling to an adrenaline rush. You become really fired up, and ready to take action. I had to calm myself...

Hi Everyone, I hope you are doing well. As you begin your real estate investing career, the people that you surround yourself with become increasingly important as time goes on. Throughout your investing career, you will have many different experiences and will face many different obstacles...

…I told him that I knew a number of property managers that would be able to help him. As result of my brief 10 minute conversation with him, he is now considering taking on a property manager. He was formerly considering selling his rental property and paying a mortgage penalty of over...

QUOTE (kfort @ Dec 1 2010, 10:53 PM) Are there transcripts of these shows available? I have seen several of these posts and here sit in SK with not even basic cable (it`s a choice I make). Kris Hi Again Kris, I just chatted with Brian. If you (or anyone reading this) is interested in...