Does anyone have any information regarding Port Hardy? Would anyone invest there? I have been trying to complete my due diligence on the town because I have an opportunity there. I understand that the economy there depends on fishing, lumber, and mining, all of which are declining, but when you...

QUOTE (ThomasBeyer @ Jun 16 2010, 10:41 PM) What part of the world do you buy in ? Small dieing towns, depressed US areas or rural Quebec ? A GRM (gross rent multiplier) of 10-12 is common in W-Canada. A GRM of 5 does not exist in viable cities in Canada unless a) you got lucky b) the town...

I was hoping someone could help me better understand multi-family. When you are looking at a property, how do you determine a good price. It is tough to use the direct comparison approach because there are are not many for sale, so is it the cap rate? In a particular area, how do you determine...

QUOTE (MitchCollins @ Mar 9 2009, 12:55 PM) Wow..I wonder if Fort St. John and Dawson Creek didn`t top the list due to lack of good PM companies? I would assume it`s quite difficult to find real cash flow in areas other than Northern BC - I`m interested to see the study. Anyone that was there...

When you are buying a house, do you want a high LTV or a low LTV? From what i understand, i high LTV means the bank is lending you most of the value of the house. So for example, if the house is worth 150,000, a high LTV of about 93% or 140,000 would be the mortgage. Is this correct? If so...

QUOTE (jamievaughan10 @ Jan 22 2009, 02:29 PM) Hey everyone, my name is Jamie Vaughan and i just recently joined this forum. I have thoroughly enjoyed reading all the posts and am looking forward to get started in my real estate investing. I am currently attending Trinity Western University in...

Thanks everyone.

Hey everyone, my name is Jamie Vaughan and i just recently joined this forum. I have thoroughly enjoyed reading all the posts and am looking forward to get started in my real estate investing. I am currently attending Trinity Western University in Langley BC, where I play basketball. I will be...

QUOTE (thomasbeyer2000 @ Jan 7 2009, 10:00 AM) Actually, it is better than that even: If real inflation is 6% but interest rates are 4.5% then you get a loan that has a negative real interest rate of 1.5% .. better than free money ! On some REIN posts I have put those charts .. accessible...

QUOTE (ChrisDavies @ Jan 6 2009, 06:36 PM) Say you buy a house today for $100,000 and you`re making $50,000 a year. That`s a ratio of 2:1, or 50%. Inflation takes off, and your salary is indexed to it, so now you`re making $75,000. Has the purchase price of your house changed? No, you already...