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  1. EdRenkema

    Bad Credit Mortgage, 70% LTV

    QUOTE (wingsfan92 @ Jan 9 2010, 12:32 PM) Okay, this is what we want to do. I don`t have good credit, I did up until I lost my job & had kids, ( a few years ago) We want to purchase a house for 70,000, the original asking price listed was 99,000, and we have basically talked them down. Is...
  2. EdRenkema

    Waterloo Student Housing Demographics

    QUOTE (MikeMilovick @ Jan 6 2010, 02:27 PM) REIN Members; If you believe in demographics as a predictor in real estate value, you may see an opportunity in the link below from today`s KW Record: http://news.therecord.com/life/life/article/650256 Mike I predict at the current rate values...
  3. EdRenkema

    New Website

    Nice website Mark, it still looks shiney and new! I read the about you section and it mentions your bio - so where is your bio?
  4. EdRenkema

    Can an investor also be a Real Estate Agent?

    QUOTE (tahani @ Jan 1 2010, 05:58 PM) hello again. all you have to do is go to top of page main REIN page and go to downloads, then go to bonus members downloads then go to ask the expert series. hopefully this time you can download it. let me know. tahani ps if someone out...
  5. EdRenkema

    Flaherty speaks

    This is the kind of level headed talk I like to hear from a finance minister. http://www.nationalpost.com/scripts/story.html?id=2398340
  6. EdRenkema

    JV Partners - Purchase ONE Bigger Property with everyone or Two Smaller Properties - one with each partner?

    QUOTE (investmart @ Jan 2 2010, 10:02 AM) Hi Ed. FYI I purchased all of REIN research incl. top towns, participated in the quick start event and plan to join in the future.. However, my question is related to JVs more than top towns. Cheers. OK then why your question about dividing into 2...
  7. EdRenkema

    JV Partners - Purchase ONE Bigger Property with everyone or Two Smaller Properties - one with each partner?

    QUOTE (investmart @ Jan 2 2010, 08:56 AM) Thanks Thomas. assuming the two 10 plexes are purchased in different cities: if the city where the 25-plex is, becomes a ghost town - you lost everything. in the case of two 10 plexes you are left with half. now extend that to a simple loss in value in...
  8. EdRenkema

    Looking for a Great residential town north shore of Lake Erie

    QUOTE (WRicheson @ Dec 27 2009, 07:08 AM) Recently `retired` couple (both under 45 - investment income) who are looking to relocate from Toronto to a nice area that is still close to the city. Read an article in the Globe and Mail some months ago about many Torontonians moving to the North...
  9. EdRenkema

    Seller Financing in B.C.

    QUOTE (tonypeters @ Dec 22 2009, 11:09 AM) Ed, my recommendation would be to keep it simple and structure a "Residential Lease with Option to Purchase" contract. I would start by requesting a small (non-refundable but apply to initial down payment if approved) application fee. After you receive...
  10. EdRenkema

    Seller Financing in B.C.

    I have a potential buyer for a condo I own in Kimberley BC. It has been vacant for 6 months, formerly principal residence that I kept as a rental. The buyer is a tenant applicant that showed up just prior to me listing the property with a local realtor. He is going through a divorce and will...
  11. EdRenkema

    Economic Predictions 2010

    QUOTE (gwasser @ Dec 21 2009, 06:28 PM) Sorry, Adam. Adam strives to be known as the consumate contrarion...
  12. EdRenkema

    So is anyone actually finding quality quick turns?

    QUOTE (Rickson9 @ Dec 21 2009, 10:27 AM) This is kind of the thing I was talking about: http://www.youtube.com/watch?v=0LvlAfPUAx0 Where is North SD County Coastal?? Judging by the trees could be California? Arizona?
  13. EdRenkema

    Economic Predictions 2010

    I invest mostly in Hamilton and have single family tnhs condos there plus one in Waterloo now conditionally sold (think $WOW$ !!) will celebrate when its firm. I see 2010 to be a strong year for resale homes in Hamilton and there has been little respite in 2009. Much of the continued strong...
  14. EdRenkema

    What would you do with 200k

    QUOTE (Courtenay @ Dec 17 2009, 02:08 AM) Thanks for your advice guys. The main thing that`s coming through is the aspect of goals and education. This isn`t five or six years ago, so real estate decisions have to be made more carefully. Thanks for the help. You are correct about goals and...
  15. EdRenkema

    Hamilton Insurance Broker

    QUOTE (CDM @ Dec 12 2009, 12:02 AM) Hi, Can anyone recommend a broker for a 4plex in Hamilton? TIA Try Daniel Durst - State Farm 1-888-940-3276 competitive rates and great service!
  16. EdRenkema

    5 ways to make money

    QUOTE (Rickson9 @ Dec 6 2009, 03:16 PM) It`s better than real estate because you`re using OPM at -2.5%+ interest because individuals are paying you to take their money! And even if the market tanks and unitholders lose money they still pay you! Its better if you are the one the unitholders pay...
  17. EdRenkema

    First JV Deal with friends - case study

    What are you looking at this dream for??You already have it made, you have a gf, she is paying the rent !!! You also have the time to work on your business, it really can`t get much better. You`re looking at RE with rose coloured glasses. The earlier responses are 100% correct, you need to look...
  18. EdRenkema

    What are you finding for properties...........

    QUOTE (invst4profit @ Nov 29 2009, 05:00 PM) It`s too bad people take the subject of money personally. Money and income are only a form of measurement and not a very accurate one at that. I guess that depends on who is measuring and what their value system is. Its not so much what you have in...
  19. EdRenkema

    Hamilton

    QUOTE (mattrussell @ Nov 27 2009, 05:58 PM) Hi all, Has there been any recent conversation on Hamilton. I searched the forum looking for any past threads. Anybody have any comments on this area - specifically student housing near McMaster. matt p.s. if there`s already a thread on Hamilton...
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