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  1. MonteDobson

    `It is business as usual` for Canadian bank lending: Royal Bank CEO

    `It is business as usual` for Canadian bank lending: Royal Bank CEO Gary Norris, THE CANADIAN PRESS January 08, 2009 TORONTO - It`s largely "business as usual" for lending by Canadian banks but there`s no doubt the country is undergoing a credit crunch as other loan sources evaporate, the...
  2. MonteDobson

    Upgrading to 100 amp

    This was in Regina, SK...any electrician can do this for you. Phone a few and get a number of quotes.
  3. MonteDobson

    Upgrading to 100 amp

    We upgraded our last home (1300 sq ft bungalow) for about $1200.
  4. MonteDobson

    There are few things to look forward to in 2009

    Randall Denley, The Ottawa Citizen Published: Sunday, January 04, 2009 Here are a few potential positives for 2009: - Intelligence is back in fashion. - Oil prices will go up, and that`s good news. - Financial common sense will make a comeback. - Pro sports will get a reality check. - Greed...
  5. MonteDobson

    property management guidance

    QUOTE (kennicoll @ Jan 4 2009, 09:49 AM) thanks monte a little tough to self manage when you live 300 miles from grande prairie Well I live just outside of Regina, SK which is about 1200 miles away, so yes it can be done. As Garth mentions, find someone capable of doing showings etc and as a...
  6. MonteDobson

    property management guidance

    Tip #1...get rid of your current property manager in Grande Prairie!! Property mgt in GP is very challenging and has forced us to self manage while we look for other alternatives. If they have 20 propertues to rent right now, why would they want to rent yours for $1375, if others can be rented...
  7. MonteDobson

    Garth Turner: Modern-Day Prophet?

    These types of stories are great for book sales and blog hits!! PS. Since when is a 40 yr mortgage "sub-prime"??
  8. MonteDobson

    Crisis? What crisis? Most Canadians upbeat heading into 2009: Poll

    Crisis? What crisis? Most Canadians upbeat heading into 2009: Poll Terry Pedwell, THE CANADIAN PRESS December 28, 2008 OTTAWA - A new poll suggests a significant majority of Canadians remain optimistic as they look ahead to 2009 - notwithstanding all the gloomy talk about a looming recession...
  9. MonteDobson

    Canada Reeling From Oil`s Collapse

    Keep the headlines coming my friend. The more I see, the more undervalued stocks and real estate I want to buy in 2009. What an opportunity!!
  10. MonteDobson

    Bitterness lingers as Alberta`s new royalty regime kicks in New Year`s Day

    <h1 class="articletitle">Bitterness lingers as Alberta`s new royalty regime kicks in New Year`s Day</h1>Lauren Krugel, THE CANADIAN PRESS December 29, 2008 CALGARY - Investment adviser Rob Laidlaw says he`s holding onto a shred of hope that Alberta Premier Ed Stelmach might change his mind...
  11. MonteDobson

    Anyone Whosaling in the Edmonton Area?

    A bit of a tip: I think you will find wholesaling/flipping/assignments rather tough in the current market conditions, unless you find an extremely smokin` hot deal WAY below market value with MASSIVE cashflow. Otherwise, I`m not sure how much interest you will find. Not saying it can`t be done...
  12. MonteDobson

    2009 Saskatchewan Housing Outlook Conference Brochure and Registration

    What: 2009 Saskatchewan Housing Outlook Conference Brochure and Registration When: Feb 4, 2009 Where: Delta Hotel - Regina, SK [attachment=1385:regina_b...nglish_o.pdf]
  13. MonteDobson

    Mass Foreclosures in Canada`s Future

    QUOTE (Jack @ Dec 12 2008, 06:31 AM) YOU should! Is that something you ask your investor? I showed you a few posts back why it makes a big difference in the investment`s performance if you have a down year or two. You`re talking about a 4% return vs. a 14% return, in the example that I gave...
  14. MonteDobson

    Mass Foreclosures in Canada`s Future

    QUOTE (ZanderRobertson @ Dec 11 2008, 10:44 PM) Another scenario: 1)You reasonably suspect a market will continue to depreciate so you wait until prices slide further, closer to the bottom 2)1-3 years pass and you decide it's time to buy as the market is bottoming and the "financial...
  15. MonteDobson

    Mass Foreclosures in Canada`s Future

    QUOTE (Jack @ Dec 11 2008, 10:00 AM) -The Bank of Canada is warning of severe economic turmoil, including the risk of many Canadians losing their homes, if the financial-market crisis worsens. Canadian mortgage industry says rising defaults not a huge concern - Canadian Press - Canada`s...
  16. MonteDobson

    Take Your Cue From the World`s Best Investor - Warren Buffet

    QUOTE (Jack @ Dec 11 2008, 08:28 AM) So, I`ll continue to disagree, and state my opinion that timing markets is still very important.Yes as in any market you do not want to over-pay. The point of the matter is that there are some great deals out there right now and some VERY motivated vendors...
  17. MonteDobson

    A Depression Looms

    QUOTE (Jack @ Dec 9 2008, 06:51 AM) All I`m saying is that I`m not convinced that it`s the best time to buy right now, RBC`s report yesterday showed that things are still overvalued in many markets, there`s probably quite a bit of pullback to still be seen in a lot of areas. Remember - the...
  18. MonteDobson

    Take Your Cue From the World`s Best Investor - Warren Buffet

    Take Your Cue From the World`s Best InvestorDear Reader, Not long ago I excerpted a recent New York Times column by Warren Buffett explaining his take on the recent market sell-off. Despite the dour economic outlook, Buffett expects U.S. companies to report record profits within...
  19. MonteDobson

    A Depression Looms

    QUOTE (Jack @ Dec 8 2008, 11:34 PM) Anyway, I work downtown and have a lot of peers in the core that I talk to daily. Has there been mentioning of EnCana`s choice to not split into two entities? Why could that be? There goes a heap of previously forecasted jobs. How about EnCana cancelling their...
  20. MonteDobson

    A Depression Looms

    Check out this story as well...some more interesting facts and perspective on the Canadian Job market, both negative and positive...funny how you can spin an article any way you want by picking out the pieces.Headline: Massive job losses hit Canada, US- The Canadian economy lost a much greater...
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