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I'm not being a d-bag. And conversation is a two way street. I am not above changing my mind when the facts present themselves. If you want me to believe a negative cashflow condo is a good investment, show me why. Show me the income and gains over a 25 year period. I'll show you the same...

Numbered company, 20% down, CMHC fees etc., and negative cash flow are entirely separate discussions. The only one important here is your assertion that a negative cashflow property is a good idea which I categorically disagree with. Thanks for Baggsy to bring up that you are actually an...

I was always talking investment properties which should be clear from my posts. Do you not need to have 20% in under a number company? Have I been mislead?? You're boy snakeoilsalesman is the one pushing negative cash flow investment properties as grade AAA

Show me how you put 5% down when a developers schedule asks for 15% and the last 5% on final closing. Not all, but most I've seen. You know something i dont about how I get around the CMHC' mandatory insurance if you go with less than 20% down? Yes you can go with 5% down but you are...

Regarding #1 - if you are handy there are so many cheap DIY options https://www.youtube.com/watch?v=wwcREI7L-w8

*flash back to mmmmnaked's RE licensing classes* When faced with financial/numerical facts, just throw em off with some doom and gloom insults. YEAH!! that'll get him on your side!!! /flashback This guy reminds me of some of my parent's friends who are nearing the end of their working...

And there you have it folks... true colours. Buy a negative cash flow asset he says, it will be fun he says. Ghad damn. This is almost as bad as the CXV.V penny stock in the other thread. What's it trading at today, below IPO price. To any youngsters watching the thread here's a...

So talking out of your behind then. Got it.

Since you are experienced in these investments, why not break down the potential some real-life listings on MLS currently on the market for us younger investors?

Right. So, pay into a negative cash flow on the hopes that the asset price will rise indefinitely, and so your tenant can pay down part of your mortgage. You're a hell of a contrarian, I'll give you that. I too remember the florida crash in 2008. Betcha the ones who lost their a**es on the...

You're either dreaming or ill informed. First off, you can't buy with 5% down any more. Those days died a LONG time ago. It's 20% if it's an investment, and even if it's not an investment, most (if not all) developers ask for 15% within the first year and the last 5% on occupancy. If you...

This. I will never understand why motorcyclists bother proving something to a car driver. Regardless of circumstance, you're still effed if things go ugly.

For what it's worth, I've been looking for a good investment property downtown Toronto. 1 bedrooms are between 400k - 500k in a half decent neighborhood. With 80% of it as a mortgage you're looking at a monthly mortgage payment of nearly $1,700 depending on how you structure it. Then you add...

Nexus 5x is like 350 bucks on kijiji, new or practically new. It would be horrid to sign a contract for such a cheap phone. A $1000 phone, maybe.,

Just coming back to say "that the universe is a manifestation of vibrational energy, whether it be emotional or physical"

This is not a balanced view. Few points: Higher interest rates affect the demand side. Vancouver and Toronto both have their struggles on the supply side as well. The permit process for both cities make it difficult for developers to put together projects, hence its cheaper for them to go...

All of the carriers are trying to shed the old plans in whatever way they can. What kind of phone are you looking for an can it be had on the second-hand market? Hate to say it, but Samsung does not hold their value at all. The S7's are going to drop in value like a brick, especially the...

+1.

FF 25 years and this is going to strike a chord with a lot of our RE buying generation today. http://www.bnn.ca/News/2016/5/24/The-rising-cost-of-home-ownership-exposes-financial-strains-in-Canadas-housing-market.aspx

My problem is setting up Kodi/Roku. I can't seem to find and download the streams. Do you have a link to a good tutorial/where I can get these streams? For my parents place, they bought into IPTV - they paid $120 for the box and $15/mo for the company to maintain everything for them.