1. I am much much further away from my Canadian investment properties than you are. 2. There are pros and cons to being further away. It`s nice to be close to your properties. It can also be a trap to get too closely involved and lose objectivity. It can be harder to be further away. 3. A great...

Thanks guys. Sounds like I should stick to my original plan - keep them a very long time :-) QUOTE (ToddStokowski @ Nov 22 2007, 02:12 PM) To add to what George mentioned, if you are a non-resident, there are different Laws and tax rates that apply. From reading some of your other questions...

All good points Rebecca. I don`t think there is a general "right" answer. Some investors focus on real estate in bigger cities. Typically, rent return percentages are lower, the vacancy risk is lower and the capital growth is expected to be higher. Other investors focus on smaller towns or...

I`ve bought over 80 properties since mid-2003. I believe new investors should focus on creating a portfolio of lower-priced properties with reasonable cashflow rather than one or two more-expensive properties with large negative cashflows. Building a portfolio can be done gradually over many...

Hi Rob, sorry for the delay, I haven`t been on this site for a while. I have kept most of the Australian ones (well 40 out of 66). Main reason I sold some was I did a number of quick buy and sells. Not really quick flips, more like 6 to 18 months. When I discovered Canada RE last March, I sold...

Whilst I have no plans to sell any of my Canadian properties, I`d like to understand how CGT works in Canada. Assuming I had minimal income that year that I sold a property in Canada, what tax rates would probably apply? Is there a CGT discount for holding properties for a minimum amount of...

Clearly this realtor is focused on protecting her commission. There are other things she could focus on - helping you, understanding what outcomes you are trying to achieve, building a long-term win:win business relationship with you etc. For me, Real Estate is fun and easy when I work with a...

You don`t need to choose between growth and cashflow. You really can have both. The so-called experts say you have to choose, but my experience is you can have both. I bought 14 properties in Canada this year. I didn`t really know Canada that well i.e. population, history, culture and industries...

Can anyone help?

Wow ... I am really impressed with the high quality responses here. Corey is right - a strategy I use all around the world (because some realtors lie so you have to do this) is pretend to be a renter and see how the property manager handles your enquiry, what they say etc. Best to do this before...

Question may be impossible to answer because markets can and do change rapidly, also cashflow is dependent on numerous factors including how successfully you negotiate the price and manage the property. This year I have achieved high positive cashflows in towns such as Melville (gross returns...

QUOTE (surya15811 @ Nov 9 2007, 03:10 PM) Hi there, I need help to make a decision, being a first time buyer, I am very nervous and I want to make a right move. I am looking at this property that cost $ 275,000, I figure I could rent it out abt $ 1500 + utilities. The tax is $ 1760.00 If I...

Hi Kevin,Whenever I have a choice of A or B, I like to see if I can choose both. I faced the same question (pay off mortgage or invest) a few years ago. I decided to both. I committed to buying X properties per year which were long term holds and Y properties per year which were flips or...

I just completed an 8 day property road trip in Australia. I went to a bunch of "outback" and rural towns with very small populations (some below 500 people) looking for investment properties for myself and for others. I came back empty-handed. I was surprised to find no liveable properties...

I am an Australian who travelled around the world earlier this year. I had bought many properties in Australia over the last few years. Prices had risen and yields dropped dramatically in Australia, even in small country towns, so I figured it was time to explore other countries. My intention...