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  1. J

    Interest Rates

    QUOTE (GarthChapman @ Jun 11 2008, 05:16 PM) I suspect we`ll see a good chunk of that disparity reduced via price reductions over the next 6 months, and that should help to keep inflation low and maybe will allow even more reduction in borrowing costs. Hopefully so, Canadians have long been...
  2. J

    Never, Ever Rent to Anyone You Know.

    Unless it`s a mother-in-law, then you can go into it expecting as much anger, tension and awkwardness as usual. But yeah, excellent rule of thumb for renting and many other arenas in the business world.
  3. J

    Can anyone recommend a banking institution for a small business chequing account?

    QUOTE (francisheng @ May 9 2008, 11:50 PM) I can get you connected with Scotiabank in Richmond. I know one of the small business managers who have been doing excellent work and giving excellent service to my members. Just drop me your number in a message. Regards Francis In representing the...
  4. J

    Can anyone recommend a banking institution for a small business chequing account?

    I agree with Greg. While not every credit union is a worthy choice, overall they are vastly better than banks. This stems from their structuring - at a credit union, you are a part owner by virtue of having an account at the institution. As a result, their fees are lower and their spread is...
  5. J

    Total Debt Service Ratio

    I recently talked to a local mortgage broker about this matter. He said that up to 80% of proven rental income from the first property and 80% of (estimated) rental income from the property being purchased can be considered when calculating the ratio. However, I don`t know if it`s just the...
  6. J

    Interest Rates

    Interesting article. There are definitely some whacky forces at play in the macroeconomic spectrum; a credit crunch, US bank collapses, the dollar at a 30 yr high, etc. One would need a crystal ball to predict where rates are going. My horsetrack bet is lower for the next six months, heading up...
  7. J

    The fall of an Empire?

    1.) Kiyosaki is oversimplistic in many of his arguments. I enjoyed Rich Dad Poor Dad, but he has a tendency to go on diatribes and confuse financial planning with conservative rhetoric (e.g. taxation`s only potential outcome is generating poverty) 2.) America is not Canada. Separate (although...
  8. J

    Peterborough RE Agent, et al

    Oh, and as for real estate agent, I`d recommend http://www.elaineemery.com/ This recommendation is not based on personal experience. She is the agent many of my family members have used, and all have reported complete satisfaction. She moves a lot of volume, so you`re not getting a lameass...
  9. J

    Peterborough RE Agent, et al

    Hey I`m a Trent student (on full scholarship and living with my grandparents, luckily). Peterborough is a market heavy on rental supplies due to the historically large student population, and I believe it has begun to outpace demand. The population is quickly greying, student population is...
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