QUOTE (ThomasBeyer @ Jun 15 2010, 08:43 PM) Forget comfree, welist or kijiji for serious real estate buyers ! It`ll attract only low ball offers .. At best .. And is known for assets that are overpriced ! Hire a professional realtor that knows the area and condos .. And it will sell if priced...

QUOTE (ZanderRobertson @ Jun 8 2010, 11:19 PM) Nik, I met a lady this past weekend who thoroughly convinced me that Rickson is right. Not that I doubted you Rickson email me you if you`d like to make contact with her. I believe she could help you a lot as she specializes in Arizona. I tried...

Anyone have anything good to say about it? Seriously though, what about the old saying "buy low, sell high"? It seems like that will work in the States right now. Up here, everything is high that I look at. If it`s low, there`s good reason. I don`t want to buy at the top of a cycle, and if...

Curious if there is anyone on here that owns property in the US as well as Canada? I`m trying to decide whether to diversify by acquiring some in the States. The buyer`s market is still in effect and I was in Phoenix a couple weeks ago and looked around a bit. There seems to be deals to be...

Thanks for the responses everyone! It`s encouraging to hear about other real estate investors from the same walk of life. Most of my teacher colleagues are very surprised to learn that I am into real estate. Most of them wonder how I have time for it with the demands of teaching and I think...

Thought I would ask. I was thinking about it after posting in another thread that I am a teacher. Are there any other teachers investing? If so, how do manage your time. Do you have any tips or advice for a fellow teacher / investor? etc. How long have you been teaching? Investing? Why do...

I am a part time investor. I teach in the public education system full-time. I started investing because I don`t think I`m cut out for the typical life of a teacher (I`m too interested in other things and exploring my potential) and I don`t want to teach until I am 55+. I want to retire...

FYI Bank of Canada increases overnight rate target to 1/2 per cent and re-establishes normal functioning of the overnight market... OTTAWA – The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank...

Actually in Arizona as I type this. Here on a little vacation but decided to do some real estate related things while I was here. Toured a couple nice and affordable condos here. Agent told me that condos here cannot be financed for investors. They need to be paid for cash. Anyone else hear...

Gerry, "fumbrunner", for some reason I can`t pm on this forum. I may have some Winnipeg-related questions for you. If you are willing, could you give me your email? Mine`s [email protected]. Thanks. Nik

QUOTE (fumbrunner @ May 26 2010, 01:21 PM) Yes, you can increase rents. Take a look at the RTB policies. Landlords are free to set the rent at whatever rate they want for 3-plex and under if they are vacant. If you will be doing substantial renovations, you can give existing tenants 3 months...

QUOTE (ThomasBeyer @ May 26 2010, 11:06 AM) What is better: red wine or white ?BMW or Mercedes ? Male or Female ? Alberta or BC ? Fish or Steak ? .. both have pro`s and con`s .. and as stated above: nicer houses/areas are more enjoyable to own, but cost more, cash-flow poorer and thus build...

QUOTE (fumbrunner @ May 22 2010, 09:51 PM) Rent Controls in Manitoba is an issue in some cases. There are different rules governing rent increases for SFD, duplexes and triplexes and rent increases above the guidelines are easily done (through vacancies). Anything above triplexes, rent...

QUOTE (ThomasBeyer @ May 25 2010, 09:38 PM) Either option works if the price is right .. bad area / poorer property obviously has to be much cheaper to compensate for it .. and is often far more work intensive .. but this is where you start usually (or I did anyway) as this is were you find...

QUOTE (fumbrunner @ May 25 2010, 02:50 PM) I don`t think that those are your only two options. You essentially pointed out two points on each end of a continuum. There are certainly some areas that cashflow well without being in the North End core. Certain areas of elmwood, the north north end...