Hi, Is this interest/service charged supposed to be clearly mentioned on the renewal document from the insurance company? I only see the 'Renewal' amount and 'Sales Tax' which is 8% of the Renewal amount. We are paying monthly and no other fee is mentioned on the renewal letter. Is the interest...

Hi, Maybe you can be that right investor(?) Thanks

Hi, Don't forget in scenario 3 you spend 10 times more of your time. It is not a passive income like GIC. Of course you are expected to make more money in RE. Its like comparing doing nothing to going to work every day. You are expected to make more by going to work. Even if you delegate a lot...

Hi, Cash flow is only 1 source of RE income, often only around 25% of your total income! (closer to 33% in high CAP cities. lower than that in GTA) The more important number is your total 'income' = cash flow + property appreciation + principal reduction. I suggest learning this formula and how...

Hi, Small question - the doc. you attached specifies 2014. Was it eventually not sold in 2014, or the new owner is just using the same form the previous seller he bought from used? One more question for other investors: - Is this a common way to sell apartment buildings where potential buyers...

Hi, CAP Rate is just an average too. and you still always want to estimate/know what it is right. Yes, you can lose money even with high expected CAP.. but you still want to know the CAP. Therefore, it is important, not wrong.. but is still just part of the pic. The other part to complete the...

Hi I think BMO is free up to $250.. If you have a BMO account. Thanks

Hi, TD used to have coin machines in different branches. They discontinued this service a few weeks ago, which was Free as long as you had a TD account. Where do you deposit your coins now? (or where will you in case you too used to do it at TD) Thanks

Hi, Yes, while the average is important it only provides part of the picture. Thanks

Hi, They are not exactly 1 feet on average. If you want the sentence to be correct/more precise, maybe change the word 'one' to 'less than one meter': People have drowned in rivers less than one meter deep on average. PS. I think it is a pretty knows joke though.. in case it is important for you...

Hi, Name one :) Thanks

Hi, A powerful statement for investors to understand and remember. Thanks

Hi, Semantically. You know there aren't really rivers one foot deep on average :) Thanks

Hi, HA Ha :) Thanks

Hi, I understand your history with this property. The question was not why buy in BC but rather why sell in Edmonton if you can take out the same amount and buy in BC without selling? An answer I would understand better is the amount of time and effort your Edmonton property requires from you...

Hi, Hope you read the expert's advice Thomas above twice. He summarized it well: "One year is too short for any meaningful and reliably repeatable business model in real estate. You might get lucky once in a while with a one year flip but you cannot build a reliable business model on it...

Hi, The best advice I got by far, is the following: Never sell but rather refinance in order to take out equity from your properties. Thanks

Hi, Your losses and my profits are not the question here as they do not have any effect on the average RE deal, the trend, statistics. Thanks

Hi, Please learn statistics and understand Calgary in the past year or 2 does not significantly change entire Canada's statistics in the past 10 or 50 years. Yes, some will always lose in RE. Or more precisely always will some. But most made money. Thanks

Hi, Exactly. Thanks