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  1. wealthyboomer

    Radical changes coming for CREA

    QUOTE (RedlineBrett @ Feb 10 2010, 03:51 PM) Whereas on welist you'll see sellers doing things like including basements in square footage or representing their zoning as R2 when it's RC-2 things like that. There are lots of MLS listings from BC that have the basements included in the square...
  2. wealthyboomer

    Radical changes coming for CREA

    QUOTE (housingrental @ Feb 9 2010, 09:59 PM) JDaley There might be a lot of bad realtors But there are a lot of good ones too That can add value to your transaction Why we hire Real Estate Agents?: http://tinyurl.com/yad4zet Realtors ` like financial planners, childbirth doulas and...
  3. wealthyboomer

    Radical changes coming for CREA

    QUOTE (Lucas @ Feb 9 2010, 10:46 PM) Hi JDaley, Relaotrs commissions are negotiable...the 7% and 3% split is not set in stone or law or policy. You, as a seller, can approach any realtor and ask them to sell your house for the amount of mobney you feel is fair and there are many realtors and...
  4. wealthyboomer

    Radical changes coming for CREA

    QUOTE (REINteam @ Feb 9 2010, 12:47 PM) Check this out... Don was just interviewed on CKNW about this very topic Click here for the information Interesting talk about 'low-rate commissions'. With most commission based selling, the sales person would generally promote the product that...
  5. wealthyboomer

    Rent To Own Available ?

    There are many listed on Craigsllist. Empire City Properties also offers them :http://www.empireciti.com/empire_citi_rentals.asp
  6. wealthyboomer

    Grow ops

    Insurance could be a problem because of Electrical issues as far as how much of the wiring can still be used because of possible excess loads on the wires. There is more to a grow-op clean up than just the mold issues.
  7. wealthyboomer

    Breach of contract: What are the implications?

    Cite an Act of God — “unlikely events,” clause in the contract to cancel the contract & justify not paying. (if you have such or similar clause) Point to a “force majeure” clause in the lending agreement that allows the borrower to delay completion of the building if construction is hampered by...
  8. wealthyboomer

    interest rates in 5 years - Garth Turners predictions

    QUOTE (thomasbeyer2000 @ Apr 4 2009, 08:55 PM) not quite ... no one "sets" long term interest rates !! interest rates are determined by markets (supply and demand) and one party with a high demand will be various debt issueing governments. Interest rates will rise .. but not as high due to...
  9. wealthyboomer

    Tenant left with a big hydro bill

    QUOTE (llee @ Apr 4 2009, 08:14 PM) Hi, My tenant (he paid his own utility) left as agreed last week. He has been paying rent late, and I am glad he moved out himself. Today, in the mailbox, I found there`s a letter from the Hydro saying that his balance of $1,500 is still outstanding, and...
  10. wealthyboomer

    Looking for a Calgary RE Lawyer

    QUOTE (ZuzanaHaska @ Apr 3 2009, 12:41 PM) I have been working with Gerry Peacock for almost 4 years. He is very reasonable and dilligent. He is also a real estate investor and landlord, so he has first hand experience. His office has easy access and free parking. His address is #240, 2333 - 18...
  11. wealthyboomer

    Suncor Cuts 2009 Spending Plans

    QUOTE (GarthChapman @ Nov 11 2008, 08:58 PM) You`re reading way too much pulp fiction.Looks like the Britain Prime Minister must be reading the pulp fiction as well? British Prime Minister Gordon Brown said Thursday that "a new world order" is emerging following the G20 summit in London on...
  12. wealthyboomer

    The Canadian solution

    QUOTE (Cargren @ Feb 23 2009, 01:56 PM) the article states "has not faced a single bank failure, calls for bailouts or government intervention in the financial or mortgage sectors" Nothing there about the auto industry. Didn`t CMHC buy up some of the bank mortgages that they were insuring...
  13. wealthyboomer

    Supreme Court `Smith Manoeuvre` ruling

    Beware of mortgage tax deduction claims Earlier this month, the Supreme Court of Canada issued a decisive ruling that clarifies once and for all that the interest paid on a mortgage taken out to purchase a principal residence cannot be tax deductible under any circumstances (unless part of the...
  14. wealthyboomer

    RONA versus Home Depot

    QUOTE (PaulPoulsen @ Jan 26 2009, 09:25 PM) Home Depot is the bane of my existence. I refuse to shop there because they`ve installed self-checkouts at my neighbourhood location. If I wanted to be a cashier, I`d get a job there. And their lumber looks like it belongs in a reject pile. Even their...
  15. wealthyboomer

    How long to wait before buying privately

    QUOTE (windsorlancer @ Jan 17 2009, 04:43 PM) O.k., so here is my situation. I am a young (28) investor looking to buy my first rental property. I have done my research and have found a property I liked, which was listed in the fall. I decided to play the wating for several months given our...
  16. wealthyboomer

    Do RE Investors have enough NEWS?

    QUOTE (thomasbeyer2000 @ Jan 14 2009, 08:37 PM) Why not ? At the right price, of course. So if prices were $400,000, and have fallen to $350,000 and will likely fall to $300,000 .. but you can buy for $225,000 and cash-flow it .. why not buy then ? Price is the overall adjudicator for issues...
  17. wealthyboomer

    Outlook Dims for Crude Prices

    QUOTE (EdRenkema @ Jan 8 2009, 11:18 AM) Why could investors like us not create our own independant fund to invest RSP funds into that would provide a return. Other investors (REIN members) could then draw on the funds for funding investment properties and pay back the fund from the cashflow and...
  18. wealthyboomer

    Canada Reeling From Oil`s Collapse

    QUOTE (RedlineBrett @ Dec 30 2008, 06:40 PM) I promise to do my part to increase demand by burning some donuts on the drive home. Someone has to kick-start this economy! LOL...Good luck with trying to find some pavement in this city right now, in order to do that...hahaha
  19. wealthyboomer

    5 BR Detroit Manse, $8995

    Government should buy them and turn them into prisons.
  20. wealthyboomer

    Merry Christmas and Happy Holidays to you all

    QUOTE (thomasbeyer2000 @ Dec 26 2008, 07:02 PM) how many "gods" are there if not one ? There are thousands of gods that humans have imagined, depending on culture, conditioning, and perception.
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