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real estate investing: Investing in Rental Properties - 01/11/12 02:14 PM
Investing in rental properties is one of the oldest ways to make a return on investment.  Millions of investors in North America hold multiple homes and many have increased their net worth by renting their property to tenants. 
 
The owner, or landlord, is responsible for paying the mortgage, taxes and all costs associated with maintaining the property.  The tenant pays the rent to enable the landlord to cover the expenses incurred and ideally to receive an amount in excess of expenses to remunerate the landlord for the investment risk and work of managing of the property. 
 
A landlord may also charge … (5 comments)

real estate investing: What Was I Thinking When Prices Were Low - 08/23/10 10:59 AM

So what was I thinking when prices for real estate were as low as they were?  I have asked myself that question a few times.  In St. John's we have seen real estate prices surge in the last three years.  Those who were "smart" enough to buy investment properties with record low interest rates and un-inflated real estate prices have enjoyed one of the best growth markets in North America. 
I have been in the real estate business for over 21 years and have had the opportunity to buy rental properties several times; but I did not do it.  Well, I … (7 comments)

real estate investing: If You Want To Sell Real Estate, Be Sure You Own It - 07/14/09 08:22 PM
Primarily for Realtor members but open to all.
In 1976 I began a career in financial planning with Mutual Life of Canada.  I sold life insurance, disability insurance and registered retirement savings plans, group life and health benefits and other financial planning instruments.  One mantra our manager reiterated to us over and over was, "If you want to sell insurance you must own it yourself.  It isn't enough to tell others that they should buy life insurance if you don't own any.  Your mind will not have the conviction needed to effectively communicate the importance of protecting their family unless you … (10 comments)

real estate investing: The Housing Crisis In Germany...and All Around The World. - 05/05/09 05:51 AM
While the Real Estate Market in St. John's has been stable, in the rest of North America it has been going through a contraction period.  That isn't news.  For those whose property values have declined by 40% or 50% it has been no laughing matter.  Especially when their plight has been brought on by a few who have benefited from the debacle. 
Perhaps you have seen this.  I came across this parody on the housing crisis that I thought was hilarious and wanted to share it with you.  It moves a little fast so you may have to pause and start … (8 comments)

 
Greg_osmond_grayscale_ Rainmaker_large

Real Estate, St. Johns, Newfoundland R. Greg Osmond, Realtor

St Johns, NL

More about me…

Sutton Group-Capital Realty Ltd.

Address: 451 Kenmount Road, St. Johns, NL, A1B 3P9

Office Phone: (709) 726-6262

Cell Phone: (709) 895-2500

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