TD personal has minimum balance amount that you have to maintain to waive the monthly fee. I believe it is $1500 balance and you get 10 transactions free in a month. If you need more then that the balance requirements increase. On a business side if you do not have to deal with physical...

From what I have read the timelines for this are quite long ~10 years? I think the conservative government is throwing this idea out there to see what the public response is. Devil is always in the details on how they privatize it. I personally would like to see CHMC's mandate and role...

The specific question I have with rental licensing is to do with illegal and legal non-conforming properties. Since there have been several cities that have implemented it, I am wondering if anyone knows or has heard of how the cities have dealt with implementing rental licensing and all massive...

I was using that example to illustrate that single family investing relies heavily on capital appreciation, versus multi-family which is valued based on it's cashflow. I might have not been as clear as I could have been. Basically it boils down to multi-family being more stable and...

I think what they were communicating is the fact that residential real estate investing (sfh, condos, townhouses) relies much more on capital appreciation then multi-families. Multi-family properties are valued much more closely to the income they generate (cap rate). While residential real...

In other words, I'm trying to explain is that we do not live in a discrete world where outcomes are finite. The point I'm trying to make is not that uncertainty is a black box that can not be understood. Rather "uncertainty of outcome" stems from the distribution of probability across possible...

It is impossible to predict with absolute certainty what the outcome of a fair coin flip will be. The world is full with uncertainty and that is why an entire field of mathematics was spawned. It was created to quantify and qualify this uncertainty and try to understand it further. There is...

I think this is what is problematic with success stories in a seminar situation. It lends itself to embellishment and is light on the details. In my mind a situation such as this could only conceivably happen in a very hot market and with very loose credit. I think the more relevant question...

I don't think we are in disagreement at all. This is why places like the US has committed to not raising their interest rates until at least the 2nd half of 2013. There is a pretty convincing argument that we are going to have a very low interest rate environment in Canada/US for the short to...

A huge driver of interest rates and future interest rates is the huge debt load that consumers have on their balance sheets. We are more interest rate sensitive then we have ever been in history. Everything equal there is no reason for the government to significantly raise interest rates. As the...

Some great information from you and other posters in this thread. Interesting comment about stated book value. How do you usually calculate NAV for a REIT? Most REITs will post their numbers of what their opinion of NAV is. How reliable is this? Also how would you get those reports that...

Starting to evaluate REITs as another method to invest in Real Estate. Mostly in tax sheltered vehicles (RRSP/TSFA). Focused mainly on REITs that invest in Western Canada and possibly the US. Are there any REITs that members on this board own/like and why? The Canadian names that I have...

I have been researching hot water heaters for my own residence and the general advice it get with regarding tankless versus tanks is, it's not worth it. The tankless does save on energy bills but the payback period is ~15-20 years. Estimates for tankless are 3k+, while tanks are ~1.5k. In...

I assume what he means is that taller ceilings are a desirable quality, more so in basements as their ceiling height usually is pretty poor. Very much like buyers that are looking to purchase a home to live in, a common selling point mentioned by builders/realtors is ceiling height. Especially...

This is how I usually break it down for people that ask, and have no specific requirements. iPhone - Ease of use/Virtually no setup - Integration with other apple products - Real internet browser - Easy backup/restore/sync Android - Customizability - Physical keyboard - Real...

There wasn't very much substance to that post really. I'd be interested in hearing the other side before forming any opinions about the trademark issue. Most of the REIN based accusations and implications are either based on incorrect information or half truths. In the end it was her...

Thanks for all the feedback so far. I just want to clarify that GoogleDocs satisfies a very different purpose. GoogleDocs is used for document collaboration and editing. For example GoogleDocs would not be very useful to a realtor that needs receive multiple documents from a buyer for...

Dropbox is a great tool and I use it also. One of it's largest short comings is sharing files with other users. It requires them to have a dropbox account and then sharing the folder reduces the storage quota for both users.

Problem: Emailing documents back and for between real estate purchasers and real estate professionals (realtor, mortgage broker, accountant, bookkeeper) is: insecure unreliable and error prone disorganized and inefficient Solution: Purposed built web application that centralizes...

Acess has some limitations, but on the other hand it is quick and dirty. Depends how much functionality you need from it. If the ceiling is that you will need some moderately complex reports generated from a moderately large data set then access might not be a bad solution (cost wise). Some...