Build your team

Buy to let...positive cash flow

A debt is a lien on your future labor

If you are borrowing money and the value of the asset you are borrowing money to buy is not worth more when the debt is due in real–inflation adjusted–terms than it was worth at the time you borrowed the money, then you are agreeing to sell your labor at a discount.

ITulip

Less talkin'...More doin'...

Ozzie Jurock is the King of Vancouver Real Estate.

I have decided to give compensation equal to a full week's work with lots of overtime, to him, to network and learn.

Real Estate Action Weekend x 1	$1,597.00
Item Subtotals:	$1,597.00
Shipping:	$0.00
GST:	$95.82
PST:	$0.00
Grand Total:	$1,692.82

Gooooaaal!

Brazil

Ahhh, Paris

Picked # 1 place to invest for next the 2 years

Consider This

There are many reasons to invest in places other than where you live.

ADDED: thought you guys would be interested to know that in Singapore and HK, no cap gains tax on property, sales commission is 1% and any agent can claim it (whoever brings you a buyer). There are 3 main realty agencies in both markets and you simply list your property with a rep from each of the 3 (for free) who will usher in viewers. There's also a centralized database compiled by the realty boards listing out historical sales and current listings. It's all free. Makes the BC real estate board look like a monopolistic dinosaur.

Vancouver Real Estate

I believe the local property market is overpriced and due for a correction.

But, if you are interested here is a local blog and forum.

Doug

A space in time

I learned something very important a while ago. If you have a project, keep moving it forward. Send an email. Find a collaborator. Sit down and write. Make a plan with concrete steps.

On that note I offer this.

Getting my Irish passport was stalled at my Grandmothers birth certificate. So I went online and searched for professional searchers. Found one. It's in her hands for now. If that doesn't work out I will find another, until eventually I will put my most relentless man on the ground to find it, me.

I will own property with a positive cash flow by New Years. I am in the process of saving money. It's slow. I'm relentless. RRSP time. I'll get past it.

Half way through my first university course. Western Civilization. Of course :) I got 60% on my mid term essay. It was my first. Riddled with mistakes. I will do better.

Every day I research Real Estate. Websites. Talk with everyone I pass. Blogs. Podcasts. Email alerts. Just doin' it.

Writing screenplays is stalled. Have been working long hours and had to make a choice. Uni or writing. I may alternate. Have research material ready for 2 SP's I am working on.

Emergency fund is up to $73, but have a $400 direct deposit associated with it now.

Sailed a Hobie cat in Belize, and went sailing on a friends 28 footer couple weekends ago.

Not sure where holidays will be this year. Probably wherever I decide to invest in Real Estate. Today that place is Egypt. Changes daily. So much to do. Harder. Faster.

Bet I see more sunrises and sunsets than everybody that has read this blog put together. Sometimes, Life is good.

Health