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  1. GarthChapman

    East Versus West

    Kim, if I were you I would be thinking about buying now in the Maritimes to get in before the ship-building boom hits. You ought to be able to build a very nice portfolio of rentals on that economic fundamental alone!
  2. GarthChapman

    Realtor to do comps!

    There is a huge difference in the time and effort required to create adjusted comps versus non-adjusted comps. By adjusted I mean those where the Realtor has valued the adjustments between the comparable properties to give you a value for the Subject Property, in much the way an Appraisal is...
  3. GarthChapman

    How soft is the Calgary rental market right now?

    Our vacancy experience in 2010 has been a bit lower than 2009 and rents are flat. My sense is that we will see improvement in 2011 on both fronts.
  4. GarthChapman

    No need to throw out the bath water with the baby!

    If the 2nd mortgage holder won`t work to create a solution with you, you might consider trying to take him out of the equation. He is not in a strong position, so might be wise to take a haircut rather than a total loss. You might be in a position to offer to buy out the 1st mortgage from the...
  5. GarthChapman

    TD Mortgages change / collateral charges

    To hopefully add some clarity to this subject, here are details provided to mortgage brokers by our local Regional Sales Manager, TD Broker Sales, and copied here with her permission:Subject: UPDATE - New Mortgage Loan Agreement – The Introduction of a Collateral Charge for...
  6. GarthChapman

    Mac REMA

    QUOTE (mickg @ Oct 16 2010, 11:08 AM) I am still unable to get remasetup.exe to run. Hi Mick, I wish we could help you with your computer operating system issues but we cannot take responsibility for that support on. We can only support the software. I think someone at Apple would...
  7. GarthChapman

    Mac REMA

    QUOTE (mickg @ Oct 6 2010, 05:34 PM) I have Office 2008 for Mac. This means I have Bootcamp loaded. From what I understand, I need to restart my computer with Bootcamp in order to load the REMA software. Is this correct? If so, how do I do it? Any help would be appreciated. Thanks...
  8. GarthChapman

    A Plea

    QUOTE (wgraham @ Oct 5 2010, 06:58 PM) what's BTW....anyone got that link to Thomas's abbreviation topic.....i searched abbreviation but it didn't come up with anything. What about the hockey game? you guys still haven't answered my question about the hockey game.... frustrated! BTW =...
  9. GarthChapman

    A Plea

    QUOTE (ThomasBeyer @ Oct 5 2010, 09:48 AM) Didn`t this game contribute to excessive global warming ? Should we cancel all NHL and CFL games for a decade and measure its impact on the earth`s temperature ? Surely, no driving to arenas, less TV`s on to watch stuff, less heating of arenas and...
  10. GarthChapman

    Rent to Own and CMHC

    By fully refundable, CMHC takes the position that the deposit is akin to a deposit on a purchase that has not yet gone `firm` (all conditions removed). Hence their requirement that A REASONABLE PORTION of the deposit be refundable. It seems to me to be an incorrect interpretation of contract...
  11. GarthChapman

    Alberta House Prices OVERVALUED.

    Look beyond the headline and you will note that Alberta and BC prices are reported to be only about 1% more overvalued than most of the rest of the country. A more appropriate headline would have been "Canadian House Prices Overvalued". But that would not have attracted as many readers...
  12. GarthChapman

    How slums can save the world

    The scene inside Iqbal`s market might be mistaken for the main street of a prosperous rural village in the Indian subcontinent. Beneath sparse, fluorescent-tube lighting are big sacks of rice and grain and racks of raw spices; men chew betel and women cover their heads in all manner of...
  13. GarthChapman

    Owner as Tenant

    This can work well, but there are risks. One that they have diffficulty reconciliing their loss of ownership of the home and end up being a lousy tenant because of that (like continuing to live with a spouse after they divorced you). The second risk is that the bank loses a lousy customer and...
  14. GarthChapman

    Educational REIN Posts by Thomas Beyer

    Thomas, your posts are the essence of this site and of REIN membership. May you never get carpal tunnel syndrome...
  15. GarthChapman

    Under-reporting Rental Income - Help!

    QUOTE (invst4profit @ Sep 22 2010, 05:57 AM) You may not find what you are looking for on here beyond moral advice. Probably not many have been audited and if they were may not care to admit something that would shine a negative light on themselves. Personally I believe what ever your relative...
  16. GarthChapman

    Under-reporting Rental Income - Help!

    I guess I would simply say to him "would you tell you child what you are planning to do?" I find that`s a very powerful guide for my behaviour (although in my case it`s "would I tell my grand-children?"
  17. GarthChapman

    Under-reporting Rental Income - Help!

    So if I understand this correctly, you`re asking for information/advice to determine if your relative can attempt to under-report his income and not pay his share of taxes due on income...really?
  18. GarthChapman

    where can I get insurance for my condo that will not be my primary residence

    Also check out State Farm Insurance. We use them as well. Assuming you have a good Agent (we do) they are an excellent provider.
  19. GarthChapman

    Property Goldmine Score Card

    Sorry Moosehead, but it`s copyright protected, so the only source with authority to give it to you is REIN itself. GIve them a call...you never know what they might do for you.
  20. GarthChapman

    Property Goldmine Score Card

    It is in the Downloads section under Critical Forms.
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