Nov 2
Vacation Rental Scams On CraigsList

It's been a long time since I posted anything, whatever! Anyways I have been renting out my personal condo in Vegas as a vacation rental and have been posting ads on CraigsList and it's crazy how many scam emails I get from scumbags trying to rip me off in one way or another. Some emails try to get your logon info for CraigsList.com, or offer you jobs as a cleaner lol. Other people pretend to want to rent your place then you email them back and forth and eventually they send some bs cashiers check that is fraudulent and they mistakenly overpay so they ask you to return the overpaid amount back to them in Nigeria or England. Lots of bullshit lies to steal from you. Be smart on CraigsList, lots of dirt bags are ready to dip into your bank account if you let them!

from: Reebee203@sbcglobal.net & jeremywilliams875@yahoo.com

Hi,  Good day to you, how are you doing over there???.

 I and my Husband (Mr and Mrs jeremy-williams) want to rent your vacation for our coming to your location for 7days, 

I'll like to tell you little about my self, I'm a Chemist by Profession and my husband is a Building Contractor, also i want you to get back to me with the cost for the 7day … Please get back to me to know if it is available for us and we don't have any Pet.

Best regard to you
Mr and Mrs jeremy-williams

from: akbusick@sbcglobal.net & lilkey100@gmail.com

Subject: Can you supply for us?

Dear Job Seeker,

We saw your advert on Craigslist and have considered you to be one of our Cleaner. We are moving from Manchester into the States to work on a contract with the Environmental Monitoring Agency. I'll be moving to the States with my family i.e. wife and kids.

We are offering $450 plus tips and compensation, so you could help work on our new home which will be bought on the confirmation that we have someone who will be working and cleaning, decorating plus other things.

Let us know if you are interested in the position, your flexible working hours, pay rates and all. Looking to read from you soon.

jeremy-williams.

from: raymond@tjzhjc.com & dmk150dmk@yahoo.co.jp

Greetings Sir,
Our company (VETCO) requires urgently a dietary chemical material which are produced and sold in your country. This Material is used in the production of dietary supplement, vaccines and injections for sub Saharan Horses and pets. My director will be sending our procurement officer to Your country to purchase the chemical material and am requesting you to stand as a supplier so that i can give you the contact of the local Vendor for you to procure the material from him and sell to my CEO at a very lucrative price. It will interest you to know that our director does not have the direct contact of the local producer due to some managerial changes in our company. l was opportune to discover this contact from the last airway bill used by our last procurement officer who just died. Previously our deceased officer has been inflating the supply to the tune of $27,000.
But i discovered from the receipt that the local dealer is selling the material for $11,750 per 5 liter gallon and you will supply to my CEO at $23,500 per gallon , that is the more reason our Director will like to buy from you and my company will require more than 100 gallons.My CEO will advance you payment as soon as he can confirm the availability of the Material.
l will give you more details when i hear from you confirming your interest.
Pls reply here: dmk150dmk@yahoo.co.jp with your details as:
1. Full name/address
2. Your occupation/ position
3. Your cell/mobile phone number
4. Your marital.
5. Age.    
With best wishes,      
Derick Ahmed

icon1 CV | icon2 I'm bitching, real estate | icon4 11 2nd, 2012| icon3No Comments »


Dec 12
Las Vegas Real Estate From A Canadian Investor’s Perspective

The sky is falling in the USA!! Don't buy anything, stay far away from the U.S! Sound familiar?  You have to love the media, always ready to scare the shit out of you for ratings. Fear sells news papers, remember that people. I learned long ago there are 2 sides to the story, his story, your story and the real story.  The local news is no different.

I'm taking about the housing bubble in the  U.S.A. I bought my first condo in Las Vegas in 2009, and have since picked up 7 MORE condos. WTF? Am I crazy??? Before you think I'm retarded you need to read and learn, something most people don't seem to do. People listen to the news and gobble up all the BS they serve on a silver platter. Lucky for me I listen, then I start digging for information on my own. I don't really ever believe what people say until I can confirm it's 100% true.

Back to Vegas….

Now you're probably thinking Las Vegas is finished! Maybe even the whole US is going to be a 3rd world country. Are you insane, seriously? Get your head out of your butt. First off yes Las Vegas was the foreclosure capital of the whole U.S.A. There are many reasons it happened, but it boils down to greed, from mortgage brokers giving 100% financing to people who never should have gotten loans. When their mortgages were ready for renewal their interest rates jumped, then  they couldn't pay for the mortgages any longer. That screwed allot of people and then made house prices drop up to 75% in many cases. This housing drop screwed the 2nd waveof home owners. People who now owe more than there house is actually worth. Many condos I purchased where bought for up to $225,000 in 2006 and now they are worth $50,000!!! These people don't want to pay a mortgage for $225,000 or whatever there amount is owning if their condo is only worth $50,000. Would you?? So they walk away and put there house in a short sale.

Here is the thing most people I talk to don't get. All these people who end up selling their homes or getting foreclosed on end up renting!! Yes, you got it right. Las Vegas is full of people renting homes in the neighborhoods they once owned homes in. So investors like me come and buy condos and houses for 75% discounted rates and rent them to previous home owners. ALL my places are rented and they cash flow very, very well. So I have cash flow coming on properties I purchased in many cases for $50,000 – $60,000 and then rent them for between $725 to $845. Are you starting to understand how this is a great opportunity, if you have the cash and balls?

Did You know?

  1. Las Vegas was the fastest growing city in the whole U.S.A for the last 10 years!!! And 1000s of people are still moving there every year. It's still a growing city, so that means there is a need for housing. Yes unemployment is high, but it's coming down, this a good indicator things are shifting in the right direction.
  2. Vegas is still full of tourists, I know because I go to the strip and I can see first hand what's happening. Casino revenues are up about 5% from last year. This is another good indicator that things are going in the right direction. As the revenues continue to climb casinos will start hiring people to fill more positions because of consumer demand.  Then the big casino building projects will be underway, which leads to more construction jobs, hospitality jobs etc. It's all going to happen, the indicators are there.
  3. There are 1000s of investors buying in Las Vegas, some many in fact that there are multiple offers on houses and condos. I  was outbid on 3-4 places in the last 2 months because of multiple offers happening.
  4. The top out of country buyers are guess who? Canadians! With a strong dollar and strong economy, tons of Canadians are doing the same thing I am!
  5. Once the Canadian dollar looses more of its value compared to the USD, when I exchange my rent money from U.S to Canadian I will be make more because of the conversion rate.  I already am but the U.S.dollar  will get stronger, maybe not today or next week but it's going to happen.
  6. The prices are now so low that they can't even build for the price that the houses and condos are selling for! 

I have talked to lots of people about this because it comes up in conversations. If you buy 6 condos at $50,000 and rent them for $750= $4500 before expenses. After expenses if you bought the properties outright, then you are pocketing $500 a month per property roughly. 6×500=$3000 USD per month!!! Now once you exchange that US money into Canadian it gets even better! Right now if you have 4,500.00 USD =4,588.72 CAD. You make extra $88, it's not much but wait till the Canadian dollar drops even more….CHA CHING!

Compare To Vancouver

A condo can easily cost you $300,000 in Vancouver. I can get 6 condos in Las Vegas for the price I would get for one here in Vancouver. It makes a little more sense to buy in Vegas as opposed to here.

Right now is the perfect storm for Canadians to invest in the USA. Once these deals are gone, you will never see them again in our lifetime. This is basically a once in a lifetime opportunity. It's here now! But for how long can you buy 1200 sq ft 2 bedroom condos built 2003 and newer with attached garages for $50,000? You have the chance to make a difference in your life, something that you can look back on and say "That was the smartest investment I ever made!". But will you do it?  I did it and I get paid every month… Fear is your enemy, that little voice in your head isn't helping you it is HOLDING YOU BACK!

Why Las Vegas Over Phoenix?

The majority of Western Canadians are buying in Phoenix. I had a choice and I picked Vegas, but what is the difference and where is better to invest? There is way to more Vegas than the strip, stop being so narrow minded. Do you think everyone in Vegas lives on the strip, lol? Think again. Vegas is a city of 2,000,000 people, the population of Vancouver!

  1. Both cities have similar weather, with Vegas being about 3 celcius cooler.
  2. Both cities have over 300 days of sunshine every year.
  3. Both cities have tons of golf courses.
  4. Vegas has outdoors just like Phoenix if not better. Vegas has Red Rock Canyon, that is only 15 minutes away from the strip.  Truly amazing views there, it looks sort of like a mini Grand Canyon.
  5. Mount Charleston is located about 40 minutes away and it has skiing, horseback riding etc. It looks like Whistler!
  6. Ever hear of Lake Las Vegas? Another amazing place to visit 20 minutes from the strip.
  7. And then you have the actual Vegas Strip pretty cool in itself. More nightlife, restaurants and everything else.
  8. Flights are cheaper than Phoenix. I have gotten flights that are $100 round trip with taxes included, from Bellingham with Allegiant Airlines!
  9. Nevada has no personal income tax, I don't know if Arizona has that?
  10. You can drive to Los Angeles in 3 hours.
  11. I can drive to Vegas in 2 days, driving 10 hours per day. Phoenix takes 27 hours to drive to.

I'm not knocking Phoenix at all, I just never understood why all the Canadians went there. I guess they just followed the herd. Obviously Phoenix is a beautiful place, but I never understood the reasoning behind Phoenix over Las Vegas. Where I live the Canadians have bought as well, and are still doing so. And……. No, I don't live on the strip. I live 20 minutes away from the strip in the North West part of the city. You probably thought I lived on the strip, silly you! Like I said there is WAY MORE to Vegas than the damn strip!!  It's just a bonus that it's there.

Financing

Don't  even think about trying to get a mortgage in Vegas. The last thing they want to do is give out mortgage loans to anyone, especially people out of the country. You will either need to pay in cash or get a home equity loan and borrow against your house in Canada. You may be able to get a mortgage in Vegas, but Canadians who I have spoken to have tried with no luck. I never really researched getting loan because I never needed one.

The Process Of Buying Real Estate in Vegas

  • Contact a realtor and start getting listings emailed to you daily. You can then become familiar with prices, the different areas and what to expect in general. Prices will be a shock as first trust me. It takes getting used to see new condos going for $50,000 to $60,000!
  • Have a somewhat general idea of the type of property you want. Don't look at million dollar mansions if you only have a $75,000 home equity loan.
  • Get your financing in place before you go down. There is no point flying down to look at places if you don't have your financing worked, it's a complete waste of time for you and the realtor.
  • Transfer your Canadian money into US funds when the Canadian dollar is the strongest. This way you will get the absolute most for your Canadian money.
  • Bring a proof of funds. You will need a print out of your bank account showing you have the money to have the ability to buy the property your putting an offer on.
  • Plan a flight and see the places in person.
  • Start writing offers. You need to write many offers just to get 1 property. It's a pain in the ass to actually close deals because of many factors. Many times I will write offers and never here anything back ever from the other realtor. It's nuts. But, when you close on a condo for $50,000 it feels damn good! Even if you submit 10 offers and 3 are approved you can back out of the deals, so don't think you are obligated to close on 3 accepted offers. If you get 3 approved and only want one, then you can pick and choose which one you want the most. If you don't put offers on them someone else will and you may loose that place you want the most. It's not like Canada..
  • Look outside of the strip for condos. Look in the suburbs, it's much more peaceful, cheaper and never more than 20 minutes away from the action.

If you're interested in Vegas then shoot me an email. I bought in October 2009 so it's been 2 years of going there, so I can answer many questions from taxes, where to buy etc… Yes, I am still actively buying. It's hard not to buy when you buy a condo and it get rented in under 30 days. I makes me continue to keep on buying.

Do your own homework, don't take what I say at face value. Learn for yourself and see what makes sense to you. I've done all the home work for myself, because I don't like to rely on other people for information. It's better to learn as much as you can before you jump in. Once you have bought a $20,000 house in a shitty part of town, then you're stuck.  Do all your research before you pull the trigger, or you will be very sorry. I never made that mistake in Vegas, I did in Winnipeg years back. I learned my lesson the hard way, now I am overly cautious about where and what I buy.



Mar 2
Looking Out The Window

I hit 40 years old, it's 2011, house prices in Vancouver keep on rising.  If you told me 10 years ago I would be working out of a StarBucks on free wireless internet on a laptop computer I would have thought, wow. I'm here 10 years later. It's been a ride and a half, the world continues to change at break neck speeds. I have internet on my phone now for fuck sakes lol! One thing that I have learned is that change is going to happen like it or not. You MUST prepare for the future.  If you don't look ahead you will become surrounded by things you don't want.

In my business (internet marketing), changes are even faster than the rest of the world. I feel I am at ground zero for change since the internet is my business. If I don't change, I don't make money. I am not a huge fan of change but adapt or die is the sword I live by.

My question to you

Are you living in the moment, or preparing for the future? Remember this, I was 20 years old just yesterday.What happened in between is a damn blur to me. One day I woke  up and I was 40, it happened fast. It didn't take long to get here, 20 years from now I'll be 60, scary thought. I makes me want to enjoy every minute of my life. I'm glad I planned for the future, the best decision I ever did. I set myself up for life to live comfortably. It was an important goal for me to do.  I'm glad I achieved it because I wasn't much of a student in school so I never thought I would be able to live on my owns terms with no 9-5 job. Some people like working a 9-5, not me. I thought I did until I had the chance to go off on my own and really prove to myself what I was made of.

As I reflect on the past, the present is my vision from the past. I can still recall saying I wanted to retire by 40 , but back then it was just words. Funny how your thoughts and words can become your reality if you want it bad enough. Looking out the StarBucks window, I look ahead at the world and my life with great anticipation, joys, questions, dreams, visions but bring it on! I am ready.

icon1 CV | icon2 daily life | icon4 03 2nd, 2011| icon3No Comments »


Dec 2
My Favorite IPhone Apps

I didn't make a huge post out of it, but I did get my IPhone about 3 weeks ago. I have to say that I really do love that little gadget, even though I still think for most people (myself included) it's a waste of money really. That being said the IPhone gives me access to Internet anywhere, email, take and upload videos and photos wherever I am. I have been using a few IPhone apps for photography, Twitter, Facebook, free texting and dictation.

My Iphone4 Apps:

  1. Twitter for IPhone: Years ago I bitched about the how unnecessary Twitter is, now I find myself using it daily to post my rants, thoughts and photos of fried eggs and other silly. I find it fun to post silly BS throughout the day. Now I can see how Twitter is useful, you can see real time what people are talking about, I finally got it LOL!
  2. Photoshop Express: I like touching up my photos, sharpening them to make them crisp and cropping them them nicely. This app does that all for free, LOVE IT!
  3. Facebook App: Another waste of time, but fun to be able to post photos on Facebook and my cousins in New York and Italy can see what I am doing at that exact minute.
  4. Text Plus: My data plan didn't come with free texting so I searched around and found a free texting app. You can text as much as you want with this app for completely free. It's an ad supported app so you will see ads on your IPhone, big deal though. It works good, love it!
  5. ImageShack app: I like using ImageShack to upload my photos, that is how I store them online. You can also use ImageShack to post images and videos on Twitter through their app.
  6. Four Square app: Four Square is an app that enables you to  "check in". This app can track where you are through the use of GPS and then you can use the application to check in to the location you are at. You open the app and see a list of local businesses (Starbucks, Walmart, whatever) and click check in to the business you are currently at. Yeah it's useless, but something to do while you're waiting for your appointment at the hair salon. It can post your location on Twitter and Facebook at the same time, weee. This is perfect for people who want to stalk you LOL…

Those are the apps that  I use daily. I'm not into downloading app of cats talking and all that BS. I'm more of a design type person so taking photos is my thing.

icon1 CV | icon2 Uncategorized | icon4 12 2nd, 2010| icon34 Comments »


Nov 19
Happy 40Th Birthday To Me

Happy birthday to me! My awesome wife held a surprise birthday for me and basically got me once again (same as my 30th bday). It was all on film so I thought I would upload it to YouTube. I like keeping my computer as clean as possible so YouTube is great for archiving videos, so I won't lose them.

Back to the birthday, I had no clue at all. I may not look surprised because I am usually self contained, and don't show my feelings too much. It was a blast and good to see all my friends together. I will be ready for my next birthday, don 't you worry wifey! I'm very grateful to have the family and the friends that I do. Life up to this point has been awesome, could not have expected it would turned out soo great. Cheers to the next 40 years and what it will hold!

Enjoy the video, and please laugh at my expense. A great time, thanks everyone!

C.V. (40 YRS OLD and still usually act like a little kid…)



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