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  1. wealthyboomer

    Edmonton Property

    Considering the whole thing is ILLEGAL in Canada, I`d just stay away from this thing, and maybe make a few $$ from a report to Crime Stoppers.
  2. wealthyboomer

    Used cupboards wanted

    You can post an ad on Kijiji & Craigslist, in the wanted sections Also keep an eye on there in the FREE section. This summer there were some cabinets that were in fantastic shape that people were just giving away.
  3. wealthyboomer

    The fear factor

    If the Conservatives want increased voter support, they should have kept their accountability and democratic reform promises instead of violating the public trust. The key question is whether any federal political party leader wants to be a leader in the area of government accountability and...
  4. wealthyboomer

    Whats the best plan?

    QUOTE (babyblueflame @ Oct 11 2008, 07:17 PM) Heloc used to be at Prime rate, and it's just went up to prime + 1% (same as variable mortgage rate now) Although I dont trust it being like this for too long. hmmm...mine is still Bank PRIME. Currently 4.5%
  5. wealthyboomer

    The fear factor

    Generally, as in past elections, when the economy is doing well, the party currently in power gets re-elected. When the economy was doing badly, people would elect a different political party. This will become interesting on October 14th, as Western Canada seems to be doing well, while middle...
  6. wealthyboomer

    U.S. Exchange Rate Confuses Me

    This weekend when the G20 meet I’m worried “they are gonna come up with an idea for one central bank for the world.” “This is the end of the monetary system…” “The dollar hegemony is ending.” Source: Ron Paul http://tinyurl.com/4dutaf
  7. wealthyboomer

    The fear factor

    QUOTE (mortgageman @ Oct 10 2008, 08:12 PM) But, as a kid, I distinctly remember looking at a copy of my dad`s National Geographic from the early 80s that had a cover story about an impending ice age. Was that the article next to the pictures of the naked pigmies?
  8. wealthyboomer

    Canada invests in mortgages!

    And where is THAT MONEY coming from? Who is paying for it?? What program, or other beneficial spending will have to be cut as an exchange? Does the country really need to encourage more `DEBT` for Canadians, in the form of encouraging banks to make loans?
  9. wealthyboomer

    US Government Bailout of $700 for bad mortgages

    QUOTE (MikeMcCrae @ Sep 30 2008, 11:00 AM) My 2 cents. Buying up 700 billion of bad mortgage instruments when they are very low is a good investment. If you could buy enough stock to move (manipulate) the market would that not be a good buy? In time I see pay back on that money to be...
  10. wealthyboomer

    Utility Bill

    QUOTE (housingrental @ Oct 8 2008, 12:20 PM) Some utilities will require property owner to make payment on account for the property That`s called `EXTORTION`!
  11. wealthyboomer

    U.S. Exchange Rate Confuses Me

    "The printing press may be the only way to prevent a self-sustaining credit panic, but it doesn’t come without a price; it lowers the U.S. dollar’s stature even further in the eyes of our foreign creditors. Government inflation will defeat private market deflation. However, when the dust...
  12. wealthyboomer

    The fear factor

    Recession or not, Canada is in a way better position now than if Harper was PM in 2003 when he wanted Canada to go to join an illegal war in Iraq. Imagine what our national debt would be now if that had happened. So far he has only robbed the elderly, pension funds, etc, by lying and taxing...
  13. wealthyboomer

    U.S. Exchange Rate Confuses Me

    This could be the beginning of a One World, One Currency, One Bank System
  14. wealthyboomer

    America (and Canada) is addicted to credit

    QUOTE (Jack @ Oct 9 2008, 06:28 AM) Absolutely, 100% correct. I had a buddy of mine that I was renting out my basement to, well below market price for a separate-entranced full suite in an inner-city location. Figured I was doing him a favor, he had got into some fairly high (yet not...
  15. wealthyboomer

    U.S. Exchange Rate Confuses Me

    QUOTE (UTCVenturesLtd @ Oct 8 2008, 07:54 PM) With the U.S. economy is such bad condition, why is their dollar gathering strength against ours That makes it tougher to buy real estate down south. You would think that we should be back to par or better! The answer, it seems, lies in...
  16. wealthyboomer

    US Real Estate - All FOR SALE?

    And expect property taxes to rise dramatically, as states go after the pockets with money in order to pay for huge debt.
  17. wealthyboomer

    Utility Bill

    QUOTE (dcres @ Oct 7 2008, 08:42 AM) I have a Duplex with a Up/down suite. When the Upper unit was vacated the Tenant didn`t pay the Electric Bill, which was in his name. So Enmax was going to cut the power if I didn`t pay the entire bill. How can one guard againest this? Point out to Enmax...
  18. wealthyboomer

    Accountant Fees?

    QUOTE (investmart @ Oct 6 2008, 10:54 AM) is it reasonable to expect to pay much less for giving the accountant a 1 hour job instead of 5?THANKS, Neil Depends if you`re wanting to pay for `time` or `knowledge`.
  19. wealthyboomer

    Poorly Inspected Home

    What did the Sellers Disclosure Statement reveal? You might have cause to sue the seller for damages, claiming misrepresentation and breach of contract and the agent and the broker will be joined in the action" for their role in using the forms. You might find this of interest...
  20. wealthyboomer

    Help to structure mt first deal

    QUOTE (alexh @ Oct 1 2008, 05:46 PM) Great analysis. free equity building(payed by tenants) and 2-5% appreciation/year How do you know there will be appreciation?
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