tag:blogger.com,1999:blog-269648634709183279.post7874977825543532087..comments2023-10-21T06:41:09.118-07:00Comments on Random Enlightenment: Waiting...Markhttp://www.blogger.com/profile/15292824227963056711noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-269648634709183279.post-49241810343874865332009-12-14T09:12:19.334-08:002009-12-14T09:12:19.334-08:00It's going well. We flipped a house last year...It's going well. We flipped a house last year and did fairly well with it. I'm still holding on to our 2 rentals. We've done a lot of work to them both and are trying to decide whether to sell them. Maybe we should meet up sometime in the new year to trade ideas and experiences?rick-penner.blogspot.comhttps://www.blogger.com/profile/08860514784389611305noreply@blogger.comtag:blogger.com,1999:blog-269648634709183279.post-64170987511522752282009-12-10T09:11:46.970-08:002009-12-10T09:11:46.970-08:00Terry, that's a pretty amazing profit if it go...Terry, that's a pretty amazing profit if it goes up that high, good luck! Maybe you'll have to show me some stuff on stock investing and I can trade it for my experiences in real estate.<br /><br />Rick: Good question. A few reasons actually. First, although it is a decent property there were a few issues with it that I didn't like and some tricky repairs that eventually would have to be made and we just decided that we didn't want to do them! So instead we thought we'd cash out, spend a bit of the money and invest the rest - probably in another property, some short term investments, or a mix of both. My real estate plan is to buy some houses to flip, some to lease short term, and some (the real gems) to lease long term. How's your real estate investing going?Markhttps://www.blogger.com/profile/15292824227963056711noreply@blogger.comtag:blogger.com,1999:blog-269648634709183279.post-5363712656349859752009-12-10T06:38:49.525-08:002009-12-10T06:38:49.525-08:00Just curious, Mark, why are you selling? Planning ...Just curious, Mark, why are you selling? Planning to buy another?<br /><br />RickAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-269648634709183279.post-15738426974018333492009-12-10T06:00:10.645-08:002009-12-10T06:00:10.645-08:00a nice Christmas present. I am presently waiting ...a nice Christmas present. I am presently waiting on one as well in my stock trading account. Bought 9500 shares at 0.19, expectations are the buyout goes through before Christmas, possibly as high as $0.80 or more. Not bad for a 6 month investment!<br /><br />Once we have more equity in our house, we are definitely looking at revenue/investment properties. To do my stock trading (up around 40% this year, lots in a TFSA) I simply borrowed from one of my low interest credit cards (around 2%).<br /><br />Many ups and downs though, nothing like the Winnipeg real estate market.Terry Lhttps://www.blogger.com/profile/13009064128875661244noreply@blogger.comtag:blogger.com,1999:blog-269648634709183279.post-46539888779160205632009-12-09T18:27:42.760-08:002009-12-09T18:27:42.760-08:00Looks like they accepted our counter offer - we ju...Looks like they accepted our counter offer - we just have to wait until Monday to hear about financing. Very cool!Markhttps://www.blogger.com/profile/15292824227963056711noreply@blogger.com