The Nanaimo Real Estate Investors Club has now started.

Here's a few benefits club members could enjoy....

  • Network with other investors
  • Access to investor-friendly professionals (lenders, realtors, brokers, lawyers, accountants, appraisers, contractors, etc)
  • Motivational speakers
  • Access to training
  • Online newsletter
Newsletter Archive

The club's next meeting will be on Tuesday, March 2, 2010.

The meeting location is

Beban Park Rec Centre 2300 Bowen Rd
Room 8
(enter directly into the room, right side of breezeway)
from 7 to 9 pm.


There will be a $10 charge at the door to help pay for the rent of the room.

Next meeting's speakers is Rick Hoogendoorn who's topic will be

Why We Don't Invest - When We Want To

For years you have thought about real estate investing. You've read Rich Dad - Poor Dad and every other motivational book under the sun. You've gone to seminars, joined clubs, scoured the MLS website, and yet, still, you are no further ahead at building you dream portfolio. What's going on? Is there something fundamentally wrong with you? In a word, "no". So how are you to explain the fact that you want what you want, and you keep wanting it but your action seem to indicate otherwise? Is it finally time for you to leave the Real Estate Investing Twilight Zone episode you've found yourself in?

On March 2nd, 2010, the reason or reasons why you haven't amased your portfolio yet will be revealed. Our speaker is someone who has been battling to find his way out of his own maze and finally got so fed up that he found the magic key. Thankfully, it's a key that will work for anybody and everybody. After this seminar you will have a simple, and concise menas by which you can and will become the investor you want to be. No more inner struggles. No more false starts. No more beating yourself up because you're not doing what you should.

"I know, I've used it. It works! Even Denise, my wife, is astounded by the results. You do NOT want to miss this session."

Gord Knox, Founder, VREIC

Federal Finance Minister Jim Flaherty announced three major changes to mortgage insurance rules which will affect all government-backed (CMHC) insurance programs.

These rule changes are scheduled to take place as of April 19, 2010.

1. All borrowers will need to qualify at a five year rate regardless of whether they are choosing a shorter term or a variable rate mortgage. It is unclear whether this rate will be the posted or discounted rate as we await clarity for this question.

2. Refinances will be limited to 90% LTV versus the current 95% limit.

3. Non-owner occupied properties will require a down payment of 20%.

BC Govt Home Improvement Incentive Program.

Landlord Guide.

Outlook 2009 powerpoint (.ppt).

Apply to change use of land in Agicultural Land Reserve (.pdf).

Current Mortgage Rates courtesy of Rate Miser Mortgage Advisors.

Let us know how the club could serve your needs in the form below.

We will only contact you via email with club related information.


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