All : Great thread. My TD HELOC is 4% I have a mortgage with Resmor Trust - and confirmed today a new 5 year fixed rate at 3.69%. $2200 payout penalty. 5 yr payback. $170K mortgage, 14 yr ammort. Scott

Just a quick thank-you to Thomas for his honest and humble, informative postings. It is not rocket science. It can be done. It is hard work that pays over time. Regards, Scott

South of 49 is a good read. I am in Florida (Orlando area) right now. Today I toured : A 2900 sq. ft. brand new 2 storey home with jacuzzi and pool; all for $155,000. 2 beautiful newer condo`s, 3 bedroom, pool, games rooms, furnished. $70,000 each. These were not short sales just bank...

Hi, I once purchased a property from a woman who was dting of liver disease. She had put a second mortgage on her home to take care of her medical bills and likely enjoy the last months of her life. By saving her the RE commissions, and putting some cash back in her pocket I was able to give...

Hi Jessa, I moved 1.5 yrs ago from Alberta where I had (still have) my properties. 6 Months ago I received notice from my insurer that because I live out of province I had to switch to commercial insurance. I found that I had to find a commercial insurance provider in Alberta. I use Peace Hills...

I once owned a house with stinky cat pee. It was not on the concrete though. It was on the carpet throughout the house. I ripped the carpet out, painted and spots on the subfloor, and put laminate over top. 2 years later when I sold it, there was still no odour. I am glad I was not intimidated...

After reviewing a poll on this site on Edmonton property managers I contacted Libertas Propoerty managers. They came highly recommended. I am happy to report that they have lived up to their recommendation. They filled my unit within 8 days, and have dotted all i`s & crossed all t`s. Good luck...

Hi Ed, (or anyone else this may be of interest to). I do not know ofanyone. However I am interested in JV / Real estate opportunities in Belleville. Duplex preferred. Feel free to contact me at qualicum27@hotmail.com or call at 514-451-7610 for further discussion. Thanks, Scott

QUOTE (rena98 @ Jun 17 2009, 11:27 AM) I am very interested in creative financing with the seller. I know somebody who is very successful doing it. Have you done any deal with creative financing like owner financing 10-20%, no interest for 5 years, option to buy in 5-10 years or owner finance...

I almost got involved with HEIR 2 years ago. I proceeded cautiously with their investment "representative", whom I found by answering a billboard ad on the side of Hwy # 2 in Lacombe. After answering a very detailed financial questionnaire I got on his email broadcast list and was at the point I...

My joint venture partner over the years allows me to qualify for the mortgage on my own, get title and then registers a caveat as "beneficial owner". The agreement is registered with the caveat. We never get the morgage company involved simply because I have always been able to qualify and we...

I am a succesful Alberta RE investor who has recently moved to Quebec for a 3 year term. I too see opportunity on the West Island of Montreal. I would love to connect with any RE Investors or potential investors in the Montreal area. Feel free to connect with me at scott.lyall@sympatico.ca

QUOTE (ZanderRobertson @ Dec 15 2008, 01:13 PM) Here`s an interesting article regarding the deflation vs. inflation debate: http://www.kitco.com/ind/Schiff/dec212007.html I`m certainly not knowledgeable enough about these things to know if it`s correct or not. then again, the economists seem to...

Much appreciated Thomas. Scott

Interesting discussion re : Quebec. I am a REIN quickstart graduate in Edmonton and am moving to Quebec next month. Although I hold properties in Alberta; I am excited to transfer my skills to the Montreal area. REIN quickstart and the property goldmine scorecard are certainly applicable...