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  1. J

    Tax and Capital Gain confusion on Re-fi to buy more Rentals

    I keep getting conflicting data on this... All I want to do is take an existing Rental property that has appreciated to 40% equity, pull out 20% to buy another Rental property... I get conflicting info that I may have to pay tax on that 20%... do I?
  2. J

    Tenant wants to buy my home, good credit, no downpayment

    Is there a strategy where I can sell my tenant my home he is renting when he doesn't have a down payment. Such as the home is worth $500k, normally 20k would go to realtors if selling, I'd be left with $480k, which I am fine with... can I give him that $20k equity somehow? is there a trick...
  3. J

    Tenants in Edmonton say they can`t afford rent anymore, only 4 months into 1 year lease... trying to skip out...

    Tenants gave me notice that they are out middle of Feb. Lease is until Sept 2014. They say they can't afford rent. Got more info from them and it appears they didn't realize utilities for a single family home would be "so high"... They want me to reduce the rent from 2150 per month to...
  4. J

    90% 2nd mortgage.. need help

    I`m trying to access more equity out of a very good cash flowing property. I originly put down 20%, 3 years ago, and the market is still lower than what I paid for it.. argh Edmonton... I figure it`s getting close to 20% equity again, but I`d like to keep it and pull out up to 90% value. The...
  5. J

    Need a test subject for a new type of flooring.

    I need a "guinea pig"... on Vancouver Island or Vancouver, but Nanaimo would be best. If you have the right project, I`ll do it for nothing. Just pictures, your testimonial and your cooperation. I have developed a new type of flooring that I think us landlords will love. It provides a hard...
  6. J

    Any stock tips out there?

    I`ve got some cash ready to buy real estate, however I`m too nervous after I had a horrible 2007/08 and would like to grow this money by investing in stocks etc. I know I may lose out on the really good deals, but until people slow down with the negativity I`m paranoid these people will drive...
  7. J

    new home builder profits?

    Just wondering if anybody knows what the new home builders profit margin is now? I`m guessing they have to be getting close to giving the homes away at cost? Or are they still raking in? Just wondering because I feel if the builders have to raise prices soon, then eventually the used market...
  8. J

    Kitimat BC investors?

    I am thinking of investing in Kitimat. Cheap housing. Good wages from what I have heard. Smelter expanision and need for more workers. Anybody agree? Disagree?
  9. J

    Saskatchewan is invinsible?

    Why is the same house more expensive in Saskatoon and about the same in Regina as Edmonton? I make 30% more than my Saskatoon counterpart, and 40% more than my Regina Counterpart... Are they oblivious or are Albertans panic stricken sheep? What is going on? Very little slip in pricing there...
  10. J

    Never mind Alberta top 10, how about Canada top 10?

    What would be the top 10 cities nationwide? St. Johns? Kitchener? Ottawa? Vulcan? Saskatoon? Where is the most appreciation going to happen? Would Edmonton win number 1?
  11. J

    Nanaimo or Kelowna?

    I`m a new member, I`m invested in Edmonton, even after getting burned here severely before I followed the fundamentals , but looking to move to Kelowna or Nanaimo to be closer to family since my wife and I just had a little girl, and we are all alone in Edmonton. Anyways, the rental market in...
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