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02-01-2014 | #5 |
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Join Date: Jul 2005
Posts: 6,165
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Re: Eggs In Other Baskets?
exactly.....I am buying houses with two doors. Down at the heels, decent neighborhoods, fixing them up...instant 30 to 40k equity and positive cash flow after all expenses...management, maintenance, insurance, vacancy possibilities etc. And they are in Edmonton....blue collar oil town, low vacancy rate...and brand new lrt. No land transfer tax. No rental cap. Firm leases. Business friendly governments.
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