QUOTE (RedlineBrett @ Sep 8 2010, 01:48 PM) I haven`t seen anything like this and would love to. I`ve seen a lot of rhetoric, lots of campaigning but very little hardline answers and plans for change. I`d really like to see `standardized` campaigning. Like a big questionaire that all...

Well I guess we have our answer! BoC raised rates today upping your variable rate mortgage by ~$12/100k of debt each month....

Yes I am not sure that any of the top runners have the full package to do what this city needs. Jon Lords is all about Jon. Barb doesn`t have the political skills. And Naheed is probably a little to liberal for Calgary (unfortunately). I think you hit it bang on with the vote splitting...

Its raining in Canmore today so I thought I would do some research on the Calgary Elector vote and stumbled across this TED-X video by one of the candidates. I won`t get into my thoughts on the election other than get involved or shut the hell up for the next 4 years! In this video Naheed...

QUOTE (addbo @ Aug 31 2010, 08:37 PM) I do believe the economy is seesawing up and down... good reports one day... crap the next... but with the recent bout of crap... I think the BoC will probably hold steady taking a wait and see... especially with the possibility of a doubledip recession...

Market Stabilizing but with some downside risk......tell me something I didn`t know CMHC Q3 report

One of the biggest problems junior real estate investors come up against is finding property that cash flows. In other words property that puts money in your account each month rather than taking from it! If you are a regular reader of our column you will know that I am a cash flow investor...

Hi Niel, we might be arguing semantics as we don`t buy property unless it cashflows $500/month and usually purchase our Calgary property in the $350k range. You are right though, there is no sense buying property that cashflows $50/month just because it is a pretty house in a yuppy...

I did my very first eviction the other day. 5 years of land lording with roughly 30 doors to manage and I finally had to tell someone that they could no longer live in my house. Now that being said these were actually squatters. I had rented the home to a young man last year. This spring he had...

Hi all, I have an opportunity to get a home under contract in Erinwoods via a lease-option. The seller is very motivated for a variety of reasons. We had originally talked this spring and they have come back to me. I specialize in NW and SW Calgary buy and hold rentals so this certainly...

The first couple of deals are the hardest....by far. Most novice REI experts don`t make it over this hurdle. Start looking at people very close to you and branch out from there. Read Russel Westcots Joint Venture Secrets. Join a group like REIN. Read EVERY thread on this board. Attend a...

Something I rarely admit....I grew up in Prince George Left as soon as I could No offence to those from PG but I knew I didn`t belong there. From an investment point of view it is an interesting town. It survived the recession better than I would have anticipated. It has diversified over...

Well with the current poll results it would seem that REIN members feel that there is a fair bit of upside risk and no downside. So the question I would like to ask now is what are you doing about it? How are you counteracting the risk that the Bank of Canada will continue its rate hike?

What do the mortgage brokers think? You guys have been quiet on this one......

QUOTE (Rickson9 @ Jul 30 2010, 03:13 PM) There should be an option for "I don`t know". Interesting....over a hundred visits to this topic but only 20 votes....must mean most people don`t actually know

Just curious what you guys think will happen in September....what will the BoC do?

They stole my headline The Return Of The Renter I knew I should have copywrited that line

Its about time! I think the waters are still very muddy as to what is "legal" and what isn`t but this is a step in the right direction!

Hi Gail, I am currently in the market for a canmore home. Send me details to [email protected] and I will have a look at it. Cheers

I would pay down the mortgage first as usually it is more expensive than a HELOC. As a general debt payment strategy pay the most expensive first (credit cards etc) then move down the line to the cheaper debt (HELOC) I know this has been said a million times on this message board but make sure...