Just sold a renovation project so I`m looking to pick up some more properties, most likely in Winnipeg where I live. Right now, in Winnipeg, we have a sellers` market. Case in point, I listed my house for $209 000 and sold it last week for $223 000. Bidding wars are not uncommon and pretty...

Age is of no concern to me. In fact, the workmanship from houses built in the 1950`s is at it`s pinnacle in some cases. My 4 plex is over 100 years old and I just somld one of my other houses that was a 1913. The only real issues are plumbing and electrical. Finding insurance for knob and...

QUOTE (YehoramShenhar @ May 5 2010, 03:54 PM) 2 interesting links about fraud mortgages rings http://www.cbc.ca/canada/calgary/story/201...fraud-bank.html http://www.cbc.ca/video/player.html?catego...ipid=1485504432 to add... Alberta MP added to BMO lawsuit list | Thursday, 6 May 2010...

QUOTE (Savard @ Apr 19 2010, 02:04 PM) Really? We may have a different definition of greed. My Buddhist friend says having a job is greedy. My union worker friend says buying a second house is greedy. Gordon Gecko said "Greed is good". I think all of us that invest in real estate or other...

QUOTE (ALBERTALEXUS @ Apr 10 2010, 02:44 AM) Hello everyone, I have been lurking for awhile now and decided I couldn`t wait any longer! I have a few questions about the Fight Aids Save Taxes tax shelter from the Fast Track Group. I personally know someone that has got involved with this and I...

QUOTE (tmacdonald @ Apr 17 2010, 02:31 AM) Is anyone familiar with programs or government incentives to convert apartment buildings into student housing?Government of Canada Helps Expand Financing for Student Housing LONDON, ONTARIO, January 20, 2010 — Ed Holder, Member of Parliament for London...

Seems like a pretty minor thing. I would consider it just part of the job, unless I was managing a lot of doors and a lot of vacancies. Nik

Hoping to make it out to one soon! Nik

FYI: Media Advisory On Tuesday, 20 April 2010, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The advisory is available on the Bank of Canada’s website at...

from: http://www.mortgagebrokernews.ca/news/43658/details.aspx Islamic financing takes step forward Tuesday, 13 April 2010 It looks as if the Canadian market is making way for Islamic Finance, an issue being explored since earlier this year. Global bankers, politicians and lawyers recently...

QUOTE (JoeRagona @ Apr 12 2010, 03:47 PM) Maybe check your browser configuration, the link works here. A pop-up control or some other security setting may be preventing you from downloading. Try right-clicking the file and select save-as for an alternate way of grabbing the file. I get a reply...

QUOTE (Gen1GT @ Apr 13 2010, 05:33 AM) What percent down payment is required to bypass the CHMC altogether? 20%. CMHC is still insuring income properties if you have less than three insured mortgages. The biggest change for investors is the 50% vs 80% income offset. Nik

QUOTE (JoeRagona @ Apr 12 2010, 07:38 AM) Hi Julie, As I see and use it, The TMTT Real Estate is an analysis system that allows you to position yourself for opportunities depending in which market we sit. (Boom, Recovery or Slump) It will train you to watch for fundamentals that point to those...

Crazy. http://www.cbc.ca/canada/manitoba/story/20...e-winnipeg.html Nik

If I can say "No Pets", I think I should be able to say "No Pot". Nik

I used Carla`s book to help improve my photography and develop a marketing package to get $13 000 over the list price on a side by side without a realtor! Thanks Carla! It`s amazing how many terribly photographed properties are advertised. The toilet seat was up in one I recently looked at...

Is REIN Membership tax deductible? Just curious if I became a member if I could claim the $200 a month as a business expense. Nik

Troy texted me to say that you guys had a great meeting. Anyone want to give a recap? Nik

QUOTE (aiden1983 @ Mar 24 2010, 09:46 AM) Where do you guys get your documents for the late payment, leases etc? I see you can buy them online but was wondering where you guys got them from. I don`t need them right now just curious to look at them since I always see people on here say "you...

Unfortunately, I`m not going to be able to make it tonight. My Fort Rouge property needs to be ready for sale asap and I`m out of the country for five days at the end of the month. It`s a matter of meeting some deadlines. I am seriously interested in networking with other Winnipeg investors...