Congratulations! That's a great story of perserverence paying off. Best wishes to you with your new property as we head into the new year. Michael

Further research indicates that IFRS is required for Canadian public companies as of Jan 1, 2011. So all REITs should be now getting their properties appraised on a regular basis and using that for their book values. I would check the notes to the financial statements for any company you're...

He's referring to Annaly Capital Management, a mortgage REIT traded on the New York Stock Exchange, symbol is NLY. It's trailing yield is 15.47%. Stated another way, the shares trade for $16.22 currently, and in the last year they've paid $2.51 in dividends. However, there is some risk...

Your survey reads like you'll be sending marketing material to the respondants, is that the case?

Essentially, you can get a line of credit on your home up to 80% of the homes value (80% LTV). So if you owned a 100,000 house with a 70,000 mortgage, you could get a 10,000 line of credit. But wait, there's more (as they say on late night tv). Over time you pay down the principal on your...