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    Mailing REIN Membership

    I am a REIN member from Vancouver -I cannot attend all the Alberta REIN meetings so I enjoy a complete set of CD`s and enjoy them in my car. The mail outs are a great way to stay informed about the market place. It is a treat to attend the live ones and reach out and touch people that are...
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    New member introduction CA looking for advice

    Welcome aboard -get prepared for a vertical learning curve!
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    ATB mortgage math

    Sounds like she is discussing the issue of compounding annually, semi-annually etc. I do not remember the calculation from my school days, but there are a lot of calculators on net for making this calculation. All the mortgages I have dealt with have been compounded semi-annually. I do not...
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    raising rents

    The only quote I remember was one that I heard from Don back in 99. It is the story of a Lobster fisherman who start out one day 1 selling lobsters for $1 per lb, and gets mobbed by customers so day 2 he raises it to $2 per lb, gets mobbed again and does the same till he reaches $5 and he has 2...
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    2020 Properties

    Hello Carlos I have not purchased from them. In my earlier days, I use to find they provided good research and advertize properties for sale. I would go to their properties and buy some accross the road from them quite a bit cheaper and did well. It would be a senario of wholesale vs retail...
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    Ok REIN members, looking for some creative ideas

    Hello Mark Looks like you have generated a lot of answers, I would be inclined to walk -but if you really want to go ahead -try to get a maximum price quotation from an envimental engineer for the clean up and ask for a discount. Also something to think about -the current owners want to sell...
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    Energy Rebate Program

    Hello Ryan I dont know if it is the same one you are talking about -but I had pursued one where the rebates came from CMHC insurance fee rebates. When I looked at the admin cost of the audit required to prove the energy useage had gone down, it was not worth it from a financial point.
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    Attachments

    Hello I have been looking at various posts and they have been fun. Some of the questions keep popping up - Is there a way to direct them to an article that I have written rather then posting the article again?
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    What does one do with the positive cash flow?

    Firstly -I would look at my goals - once you have hit the desired number of properties, then look at your goals again - either pay down the mortgage or ask yourself - why did I get into real estate? to create a lifestyle -if so - get a nice bubbly - get your lovely partner in tub and celebrate -...
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    To sell, or not to sell?

    Hello Tracy That has been an interesting subject. Mike`s idea of a gold mine card is a good one. I find the fundamentals as they come out in lower mainland not very strong -but -prices have been steady, vacancy rates are low adn we have the retirement crown or secondary home markets coming...
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    Mice Attack!

    Get some exterminators. Get them on a program where they will spend more time initially and then once or twice a year. They are able to work with pets - curios any of the tenants got some cats that like mice?
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    New to investing in RE

    Might be a good idea to read "investing in Real Estate in Canada" - has got good solid advice on the gold mine card- cash flow and how to get financing
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    Personal properties VS Becoming incorporated

    Here is article that I have written -the answer is it depends -but here are some factors to look at “If I fill a short form CRA gets a chunk of money, if I fill out a long form the accountant keeps the money- but when I incorporate –all the professionals dig into my pocket book because I...
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    Fort Mac Civil Enforcement Agency

    Give them an eviction notice for non-payment of rent and then carry on the process as called for in the landlord tenant act
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    Should I join REIN, Looking to invest in Halifax

    If you are serious about being financially independent -it is a good idea. I do not attend all meeting but the CD`s and handouts work for me. It is a nice support group when you make large changes in your life, it gives you the education to make informed decisions which leads to confidence in...
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    offer deposit - how much should it be?

    I usually put $1,000 upon acceptance and raise it to $10K upon subject removal
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    Scam Alert

    From what I have seen and understood in the past- these guys send you a money order or certified cheque for one years of rent - then they ask for a small amount back prior to them moving back -the catch is the orignal money order or certified cheque is forged hence the bank bounces it back -but...
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    Investing in Prince George, BC

    Perhaps look at what Don teaches at REIN- be a student not a follower. Have you looked at filling out the "Goldmine card"? This will avoid any knee jerk reactions based on emotions
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    How walkable is a location

    QUOTE (timk519 @ Nov 20 2007, 09:17 AM) This website checks out how `walkable` a location is. This could be useful in help deciding which properties to purchase and creating advertising copy for existing rental properties. http://www.walkscore.com interesting
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    Saskatoon?

    QUOTE (kanabel @ Nov 20 2007, 12:22 AM) What do you think about Saskatoon in upcoming year(s)? We focus most of the time on cities in Alberta, but after this year`s 50% appreciation is it poised to continue somewhat smaller but still good pace, or this was only price correction/speculation and...
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