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  1. Dresden

    Is this the end for BlackBerry?

    Cue Sunny telling us how Blackberry is going to be the next Apple.
  2. Dresden

    200 a month !!! Really?

    Problem with this logic is that the 600K house is worth 800K and your 420K house is worth 500K in a few years (low interest rates are here to stay and so is the pace of housing prices). I agree with living within your means, but money in the mattress is fools logic in a low interest rate scenario.
  3. Dresden

    Triumph Thruxton R (2016)

    Can anyone comments on the reliability of triumphs and/or thruxton? Also parts availability... Sent from my SM-G935W8 using Tapatalk
  4. Dresden

    Triumph Thruxton R (2016)

    I'm itching for this bike, but it's pricey $20K+. Anyone have one? Any first hand reviews? The R is vastly different than the standard thruxtons. The 2016 model is 1200cc, 96hp and full ohlins suspension stock. I was on the hunt for a Sport Classic, but aside from the collector feel this...
  5. Dresden

    Stupidly overpriced motorcycle for sale thread

    2009 Suzuki GSX-R 1000 K9 $9,999.00 One mature owner M4 Exhaust (cat removed) Low km's Mint condition Mechanic owned Meticulously maintained Never tracked or abused Comes with UVIP and certified. See YouTube: https://youtu.be/0vD4sfI_W_I Edit: I see that it's one of...
  6. Dresden

    When did Jeep Wranglers become so bloody expensive???

    Ninety six months. http://www.elliottwave.com/Economy/Another-Credit-Bubble-Car-Loans-Top-1-Trillion-for-the-First-Time Cracks are showing...
  7. Dresden

    2016 Kawasaki Ninja H2R Street Legal in Ontario?

    Saw my first H2 on the road yesterday. Ehhhhh... not bad, but not the Ferrari of bikes I thought it would be.
  8. Dresden

    Housing Market

    Wasn't you from what I recall. Yes I guess I was in a sour mood, didn't mean to be a d1ck, so I apologize for that mmmnaked. Numbers check out in the previous scenario, but I've not come across any 330k condos renting for 1,650/mo, at least not recently. Port Credit has high rental values...
  9. Dresden

    Housing Market

    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...
  10. Dresden

    Housing Market

    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...
  11. Dresden

    Housing Market

    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
  12. Dresden

    Housing Market

    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...
  13. Dresden

    This and That

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

    Housing Market

    *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...
  15. Dresden

    Housing Market

    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...
  16. Dresden

    Housing Market

    So talking out of your behind then. Got it.
  17. Dresden

    Housing Market

    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?
  18. Dresden

    Housing Market

    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...
  19. Dresden

    Housing Market

    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...
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