There’s good news for readers of Landlord Rescue and the Carnival. The blog migration is somewhat complete! The blog got so big we had to move it to a new host. Loading should be faster and better going forward.
Excellent Carnival Submissions
Financial Uproar tells us Why He isn’t Buying Any Rental Properties Anytime Soon plus he’s single! He’s also driving this nice vehicle while his car sits alone and unloved waiting for warmer weather to start.
Julie Broad asks Is Your Mom Fighting Your Battles For You? in her post about putting an offer on a house. Reminds me of last year when one of my investors wanted to put in an offer of $900,000 on a property listed at $1,800,000 by a receiver. The agent refused and the final selling price of that property? $1,200,000. It was half vacant, hard to finance and on the market for over a year…
VREAA discusses How Many People Have Benefited From The Real Estate Boom There are many people who have a vested interest in keeping real estate going the way it’s going.
Potato talks about the Risk and the Housing Market. He found a book from 1981 with mortgage tables in it. The lowest rate in the book is 9%. That would be like buying a house with a credit card. In fact I know people who almost lost their houses when the rates went up to 18%.
The Versatile Investor – Mark Loeffler analyses the Latest Rental Market Report in his submission. It’s not rocket science, the fact that you more than first and last and a good job and decent credit to buy a house is great news for investors! Those people have to stay somewhere while they save for their purchase. For those of you interested in Rent To Own Investing, this is the guy to talk to. I’ve begged for a copy of his book Investing in Rent-to-Own Property: A Complete Guide for Canadian Real Estate Investors
So that wraps up this edition of the Canadian Real Estate Blog Carnival, it seems that another blogger has decided that I am negative and I received no submissions from the MyReinSpace crowd. After all, you should never include yourself in an open discourse, you should limit your circle of friends to people who think exactly like you. Anyways I miss their submissions… this carnival was designed to represent all opinions on real estate, both positive and negative!
Winners
Real Estate Bull – Winner
Julie Broad… congrats!
Real Estate Bear – Winner
VREAA…congrats!
Have a great weekend everyone !
Tweets that mention Canadian Real Estate Blog Carnival: There’s good news for readers of Landlord Rescue and the Carnival. The blog ... -- Topsy.com // Jan 15, 2011 at 9:59 pm
[...] This post was mentioned on Twitter by Financial Uproar. Financial Uproar said: RT @LandlordRescue: Canadian Real Estate Blog Carnival: I'm in this one! http://bit.ly/fF8i0Z [...]
Thanks for hosting the Carnival, Rachelle!
Yeah, my parents were some of those who nearly lost the house in the early 80′s. They had a variable rate mortgage, and my dad occasionally tells stories about how at the time they were getting pressure from everyone to just pay the extra few % to lock in. He says “we were barely holding on by the skin of our teeth, and I figured it couldn’t last much longer. If we locked in and had to pay more for a full 5 years, that might have caused us to lose the house, rather than saving us!”
You’re Welcome Potato!
I had a teacher in property management school who lost $80,000 deposit and failed to close on her newly built house during the last crash.
I also worked in a building in Brampton that changed hands 6 times while commercial properties were deleveraging.
Thanks for hosting the Carnival Rachelle. Too bad those REIN guys are being jerks. Do you want me to beat them up for you?
Alas, no ladies have come for a ride in the chip truck yet. For some reason, it’s not really what they had in mind when they said they wanted a guy with a nice truck.
Not yet lol.
Did you remember the chips? The chips are crucial
Hey Rachelle -
Thanks again for another AWESOME Carnival … and of course an extra large thank you for giving me the victory for the bulls.
Lots of great posts here!! Good stuff!!
Mark’s book is a great read!! I look forward to your review of it.
Cheers,
Julie
I’m getting a copy of the book
Thanks Julie!
A Day in the Life of the Best Real Estate Investor –Life as Real Estate Investors | Julie Broad | Dave Peniuk | Rev N You // Jan 22, 2011 at 5:23 pm
[...] If you missed it … we were on a winning streak this week as I also won the Canadian Real Estate Blog Carnival for my post about the real estate agent who had his Mommy call our agent regarding our [...]
Rent To Own Investing | Landlord Rescue // Jan 27, 2011 at 6:27 pm
[...] A Complete Guide for Canadian Real Estate Investors“. I asked for the book during the last Canadian Real Estate Blog Carnival A few days later I gratefully received it and read it right [...]
Great Blog!
I do Property Management in St John’s
Great Blog. Lots of information condensed down…just how i like it.
Just purchased Mark’s book, and its fantastic. Lots of useful information
I’m guessing you haven’t read a lot of real estate text books that might be used in a class to teach.
Thanks for the link to the amazon site on the guide to Canadian rent to own property. It’s tough to find resources on this and I definitely know of some people out there who’d be interested in a resource like that.
Well good now they have one.
Now a days buying a real estate property or investing in real estate business has became more difficult because of the rise in price of property. So, less people are showing interest in it.