“It’s embarrassing. But I think it’s just a cost of being busy.” -Bob Rennie
When you’re the condo king, you’ve got better things to do than plug the meter. That’s the word from Bob Rennie, condo marketer extraordinaire, who today was outed as one of the Vancouver’s worst parking ticket offenders.
In five years, Bob’s Bentley racked up a market-leading 204 tickets. Most of the infractions are from meters around his office.
Bob philosophizes that the cost of paying the tickets is less than buying a parking spot, and that street parking is far more convenient. In other words, it’s a business decision based on costs and value for money.
Funny, I use the same logic when I look at renting versus owning.
Condohype 
February 27, 2009 at 6:31 pm
Yes, the picture is a photo illustration. BC licence plates don’t look like that.
February 27, 2009 at 7:09 pm
I suggest a sliding scale of parking fines for persistent offenders – It would be a great time to get into the market, Bob!
February 27, 2009 at 7:59 pm
I’m glad to see Rennie is giving a little something back to the city he has helped ruin. And who drives a Bentley any more!
February 27, 2009 at 8:41 pm
I think Rennie actually drives a maroon or brown Bentley. It is parked on Hornby across from the Wall Centre all the time.
February 27, 2009 at 9:27 pm
Happy Renter is right. And your quip about owning vs. renting is too apropos. Could not believe this article and yet, it is true. The glibness in Bob’s comments on the matter are saddening.
“Yes I broke the law more than just a ridiculous amount of times but hey, it was cheaper”
Talk about playing the system. I believe he also calls it a bit embarrassing. My big question for Bob would be: When you bought (I think bought) your space on Hornby for your offices did you not get a parking space?
My car’s been sideswiped parked on the street and I’m sure my old Jetta’s mirror didn’t cost near as much as a Bugatti’s would to fix.
February 27, 2009 at 10:50 pm
It’s metallic poo brown with a very white interior. He takes it to the same detailing shop that I use. Only he’s in there pretty much every time he wears dark jeans on that upholstery…
February 28, 2009 at 1:14 am
“If you just broke it down in business terms, if I kept a parking spot in a Triple A location, in Wall Centre or at Bentall Centre, it would far exceed — or be equal to — the sporadic tickets,” he said. “And [you have] the convenience of parking exactly where you want.”
Bob, why don’t you support the Triple A locations in Vancouver? Downtown is for the rich!
February 28, 2009 at 9:21 am
People just love to hate the successful people. For better or worse Bob Rennie did great things for himself. He wasn’t some silver spoon fed kid, he grew up in East Van and made something of himself.
You all need to stop sippin on some of that Haterade and contribute something good to society and this city yourself. After all (just the haters, not talking about the bears), you all seem to be all knowing and powerful.
Deep down you probably wish you had his luxuries, sadly that is society.
With that being said, I think thats my Bentley in the photo 😛
February 28, 2009 at 10:02 am
“contribute something good to society and this city yourself. ”
UD, can you clarify what Bob did that was a positive contribution to the city? That’s where some of us differ, you see.
February 28, 2009 at 12:28 pm
UD “People just love to hate the successful people. ” Not really there are many successful people I admire and YES am envious, Bill Gates, Jimmy Pattison, and even Conrad Black. Lots of envy and respect. Bob Rennie NO envy OR respect, same as any other rip-off artist. A fraud contributes nothing to society! 🙂 Mind you my opinion would change if he offered to buy out ALL the WOODWARDS pre-sales bought by young nieve couples or individuals that fell for his blarney. He can let the flipper types sink no problem there. If he doesn’t he should just shut up! I mean lets get real if what he says is true what would be the problem with buying them out? According to him there is nothing to fear? 🙂
February 28, 2009 at 1:17 pm
The Urban Dweller Says:
“”February 28, 2009 at 9:21 am
People just love to hate the successful people. For better or worse Bob Rennie did great things for himself. He wasn’t some silver spoon fed kid, he grew up in East Van and made something of himself. “”
I’ve seen the same logic and justification applied to a Hell’s Angel. The reality is when someone wants to make the big bucks, chooses to be in the public eye, criticism is part of the package. Justified or not.
February 28, 2009 at 1:33 pm
Rennie sure sucked in a lot of people with his “raised in East Van” crap. East Van is not some huge ghetto. It has always had nice tree-lined streets with middle class homes. Meanwhile, you can find truly poor children in Kits and North Van.
February 28, 2009 at 5:28 pm
“UD, can you clarify what Bob did that was a positive contribution to the city? That’s where some of us differ, you see.”
From the wealth he has accumulated he has donated a lot to local charities and also his company creates jobs for others. If that is not a good thing then I don’t know what is (also these jobs aren’t peddling drugs for the HA’s or anything like that). Albeit his contributions are miniscule in comparison to Pattison, Gates etc…but they are on a whole other level.
I’d like to clarify that I don’t admire Bob, I just don’t see the hatred for him. He does his job and does it well. It’s buyer beware out there if you aren’t doing your due diligence then you should lose your money. Capitalism 101.
You can all now resume hating on Bob as “…criticism is part of the package. Justified or not.”
February 28, 2009 at 5:29 pm
Btw thanks for blurring the license plate on my Bentley CH 😉
February 28, 2009 at 8:59 pm
UD “f that is not a good thing then I don’t know what is (also these jobs aren’t peddling drugs for the HA’s or anything like that). I guess; but I would classify him in the same realm as leaders of Evangelical Mega Churches, I would assume they create jobs and also give probably a greater portion of profits to charity. On a legal economic scale they are also one man success stories and unfortunately from my perspective they are still fraud albeit legal and charismatic. In some ways the Rennie buyers are likely of the same mind set just a different church! 🙂 I don’t feel hatred for him just disdain! Not someone I would want in my close friends circle.
February 28, 2009 at 9:04 pm
From the wealth he has accumulated he has donated a lot to local charities and also his company creates jobs for others. If that is not a good thing then I don’t know what is
FYI the global real estate bubble has been the greatest destroyer of wealth and employment the world has seen in our lifetime, and Rennie was one of its biggest pushers. So what if he threw a few crumbs to charities. God knows how many people have been sucked into debt by his claptrap (and I’m not trying to claim they weren’t responsible as well).
February 28, 2009 at 11:00 pm
I like to back the underdog, so I’m with you UD. I also think Vancouver looks better, yes better, with all the new buildings. That doesn’t mean I like the look of each individual building, they aren’t inspired and no one held competitions that drew big name architects to Vancouver, but overall with more density, more downtown living, more skyscrapers, lots of glass I feel there’s an improved skyline. To this Montrealer, Vancouver looks and feels more like a vibrant city than it did 15 years ago. Bob Rennie was a big part of that.
He’s also done some great marketing. His space for the Millenium Water project was good. Montreal good. From the Fake Plastic Trees to the touchscreen computers, to the architect statements, it worked. Too bad it was his last project and failed abysmally. Thems the brakes in real estate. Just ask The Donald.
March 1, 2009 at 9:19 am
“…the cost of paying the tickets is less than buying a parking spot…
Funny, I use the same logic when I look at renting versus owning.”
ZING!
That made my morning
March 1, 2009 at 10:11 am
[…] thank the muses, poetic justice is still alive and well over at condohype where Bob Rennie admits that the cost of paying the tickets is less than buying a parking […]
March 1, 2009 at 10:23 am
Rennie is good at marketing…himself…if he wasn’t around at the right time and place the industry would have created someone else.
March 1, 2009 at 11:42 pm
Rennie is great at marketing…So great he convinced me to buy one of the first ‘shoe boxes’ he ever marketed. I am forever grateful to Bob for that because I sold that shoe box at a profit of nearly 170K a little over a year from now.
And now thanks to Bob am I about to buy an even bigger shoe box at a very reduced price, and hopefully sell it again at a great profit sometime in the next 10-15 years!!! Thanks Bob!
And as for CH’s quote of “I use the same logic when I look at renting versus owning” I fail to understand it without more information. Renting vs. owning has surely been beneficial over the past 2-3 years, other than that owning is a no brainier. However as a landlord I am grateful for renters like CH, grateful for them paying my mortgage on an investment property which saves me from having to sell it!!!
March 1, 2009 at 11:44 pm
Should have proof read before I posted. Correction…I sold that shoe box at a profit of nearly 170K a little over year ago from now.
Sorry!
March 2, 2009 at 12:17 am
“From the wealth he has accumulated he has donated a lot to local charities and also his company creates jobs for others. If that is not a good thing then I don’t know what is”
Bob “Robin Hood” Rennie: robbing from the rich and giving to the poor, minus a little administrative fee for his trouble. Give me a break. 🙄
March 2, 2009 at 12:19 am
Greata Ranch (Concord Pacific) in the Okanagan has been postponed indefinitely”
Dear VIP Registrant,
As many of you already know there have been some delays with respect to the development approval process for Greata Ranch Vineyard Estates, including a decision on the amendment to the Area F Liquid Waste Management Plan of the Regional District Okanagan-Similkameen.
Regrettably, as these delays have impacted our schedule, the project will not be proceeding as originally planned.
We appreciate your interest and your patience while we work through the required approvals. Greata Ranch Vineyard Estates is a unique and very exciting project and we are dedicated to achieving the best for our clients and the area.
We know that living amidst an established working vineyard along the sun-drenched shores of Okanagan Lake would be a dream come true for many of you and we would like to assure you that as a VIP client, you will be among the first to know when we are ready to begin sales again.
If you have any questions regarding Greata Ranch Vineyard Estates, please feel free to contact us at marketing@concordpacific.com.
Sincerely,
Greata Ranch Developments Limited Partnership
March 2, 2009 at 1:14 am
I sold that shoe box at a profit of nearly 170K a little over year ago from now.
In other words Bob has been recruiting greater fools for you. Well that works out fine, provided you don’t turn out to be the greatest fool.
March 2, 2009 at 1:15 am
As many of you already know there have been some delays with respect to the development approval process for Greata Ranch Vineyard Estates, including a decision on the amendment to the Area F Liquid Waste Management Plan of the Regional District Okanagan-Similkameen.
Executive summary: TSHHTF.
March 2, 2009 at 7:43 am
Vomitingdog and Pro Rennie, thanks for balancing out this hate fest. It seems like many out here can’t afford to buy or got sucked into the evils of market bwah ha ha 😉
I too made a killing on a few condo units during the last boom. I had to take on some debt (line of credit, friends etc…) to finance as I just got out of university and was without a full time job at the time. However, after paying down my debt I still cleared close to 300K of downtown condo units.
Believe it or not people want to live downtown.
March 2, 2009 at 1:44 pm
uh.. weren’t ppl just making comments about rennie, his parking tickets, and car?
When did the hating discussion start?
Who threw us off topic?
I agree with LC re: sliding scale penalties for repeat parking offenses.
March 2, 2009 at 1:59 pm
“In other words Bob has been recruiting greater fools for you. Well that works out fine, provided you don’t turn out to be the greatest fool.”
Bob had nothing to do with the subsequent sale of the condo. He simply provided marketing services for the original purchase. THe subsequent sale of the property many years later had nothing to do with Rennie Mktg.
March 2, 2009 at 3:37 pm
“Bob had nothing to do with the subsequent sale of the condo. He simply provided marketing services for the original purchase. THe subsequent sale of the property many years later had nothing to do with Rennie Mktg.”
Okay, you aren’t really this dumb are you? Of course not… you are a smart, talented investor that made $170 K all on your own. Bigger picture be damned.
March 2, 2009 at 6:35 pm
Your right mk, I didn’t make it all on my own. I had the help of renters like yourself, assuming your one of the many on this board who swear by renting for life!
My point was that Bob had nothing to do with recruiting the “Greater Fool”
who purchased the condo from me, as the previous poster implied.
Furthermore, I find it hard to believe that anyone on this board wouldn’t trade places with Bob. If you started a successful marketing company and every single developer in town wanted YOU to market their product would you say no? Wait…Of course you would, and it would probably be due to some “bigger picture”. Clever! Thank god this world has so many big thinkers like yourself!
March 2, 2009 at 6:41 pm
I have to side with Pro Rennie. But you probably could have figured that from the rest of my comments 😉 Anyways, I too would like to thank the renters. You have paid my mortgages for me for the past 5 years and counting. Continue renting my friends, its the path to success! Mine that is…
March 3, 2009 at 4:45 am
If everyone keeps renting until mortgage payments fall back in line with rents, who are you going to sell your condos to for a profit?
March 3, 2009 at 9:45 am
Do I need to point out people rent based on incomes, not future speculation? Patriotz is right. Despite all the smug so called mini Trumps invading this board, being a landlord who bought and only covers a portion of his costs and is watching his equity evaporate and his value go south bleeding dollars, hmmm, sounds like a smart decision to me. And in this market, all these mini trumps probably better not talk about all the money they made on flips 2-3 years ago. It might be better to discuss the current underwater situation on whatever over-priced piece of junk they got left holding when the music stopped and they realized there weren’t enough chairs.
As someone who learned back in the dotcom day, spouting off about what you earned last year means nothing unless you were smart enough to cash out at the top.
How many of these mini Trumps were smart enough to cash out of the market in the fall of 2007 and stay out of the market since?
Oh yeah, only those renters….
March 3, 2009 at 9:52 am
Actually Greg I got out in early 2007. I am no mini Trump. I made my money in the real estate market while I could and I got the eff out.
I now live comfortably in my Yaletown digs and have properties rented out in the rest of the city (the properties have been paid off btw so I could sit on them for a while). Could I have sold them, sure but you know what for me they were long term holds and not meant to be flipped. I worked my ass of since I was 14 and saved my money. Now I could sit on my ass and not go to work and live off the rent for the rest of my life, however that is boring and I quite like my office with a view. I urge more and more to rent! It helps me maintain my lifestyle 😉
I’ll now be cautiously deploying my capital into the equities markets soon for a long term hold strategy. Buy low sell high! Nothing goes up forever and nothing goes down forever.
March 3, 2009 at 9:54 am
Patriotz the markets of renters and buyers are dynamic, you know that. You aren’t stupid.
March 3, 2009 at 10:34 am
Yes it’s dynamic all right. I’m not stupid enough to buy at an inflated price, and the market is going to run out of people willing to buy at an inflated price. You’d better catch them while you can.
March 3, 2009 at 10:38 am
Wow Pro. Just wow. You really are that stupid.
March 3, 2009 at 10:40 am
Better to keep your mouth closed and be thought a fool than to open it and remove all doubt – Mark Twain
March 3, 2009 at 11:10 am
anyone want some humble pie? no? oh…
March 3, 2009 at 12:51 pm
“Yes it’s dynamic all right. I’m not stupid enough to buy at an inflated price, and the market is going to run out of people willing to buy at an inflated price. You’d better catch them while you can.”
Who said I bought at an inflated price? I sold out near the top, a year behind but I still made off like a bandit 🙂 Secondly, I’m not trying to sell, the suites are rented for the next 6 months to a year. I’m not trying to catch fools right now. Check back in 5 to 7 years and then i’ll go looking for “fools” but if that doesn’t play out I’ll hold out til I die and collect rental payments. Who needs an RRSP contribution when you have rental units available.
March 3, 2009 at 12:54 pm
Urban Dweller
I don’t know where to start …
Please look up cost of capital … Market value of your properties (not what you paid) … opprtunity cost … etc.
Your obviously a hard worker and good saver but “you got to know when to hold’em, know when to …”
I also have owned several places and sold my last in summer of 07′ (8 bids 22% over asking “sigh”) … wouldn’t dream of owning right know … I’ll own several again in a couple of years … IT’S NEVER DIFFERENT back to the fundamentals.
March 3, 2009 at 1:56 pm
@Cashisking, you are correct, I look at my rental payments and what they generate and I look at the erosion in value and in the next 3 years my rental payments will generate more than the erosion in value, including taxes.
The properties are out in Richmond in excellent locations that have appreciated in value due to zoning changes. I never mentioned that but when big corps come knocking on your door asking you to sell so they could be a Wal-Mart. I think I’m doing quite okay 🙂
March 3, 2009 at 2:14 pm
???? Not quite sure what you mean … I understand that they may be worth a lot more than you paid for them but if they’re worth X (not what you paid but today’s present value) then calculate what return you could be getting from X invested. If rent + appreciation gives you a good yield on the value of X then good on you. If it doesn’t beat invested X then it”s a bad economic decision.
I pay 6500 a month in rent for a house that is worth approx 2.5million so the 2.5 invested nets me twice what the house costs … I could buy a similar house but I would be giving up 6500/ month or in simple terms I get to live in my rented house and buy a 1.25million dollar house for the same cost as owning a 2.5 million dollar house. Comprende amigo?!?
March 3, 2009 at 3:39 pm
Also, I’m betting that house prices are going south for a year or two and then sideways for a couple of years after that. If the house I’m looking to buy is 2.5 today (down 14% from peak using Benchmark) and reverts to normal valuation metrics I could save another 750k in after tax dollars.
Maybe I’ll buy a few condo’s – the non leaky ones without stainless steel appliances and granite counter tops with my savings.
If your wondering what I’m invested in it’s laddered shorter term high quality corp debt (1-4years YTM 5.5%). In fact I’ve even got about a 2.5% cap gain since Oct.
March 3, 2009 at 3:56 pm
ps I think Rennie is great at his job … if you bought the B.S. it’s your own fault … I couldn’t do that to people but that’s why I’m not in that business … He’s a helluva salesman full stop!
Also like his art collection – hope he has auction some off.
March 3, 2009 at 4:06 pm
The UrbanDweller = Pro Rennie = …Mike Stewart! too easy.
March 3, 2009 at 7:07 pm
@ cashisking. Comprende. I guess I should have explained the zoning and why I’m not selling, because that factors into. Put it this way what I paid for it is peanuts compared to the value of it now due to the zoning changes. I lucked out on them and I’ll cash in during the next boom. Till then I’ll be waiting…
March 3, 2009 at 10:47 pm
in the next 3 years my rental payments will generate more than the erosion in value, including taxes.
You’re getting a net rental return on your properties of over 10% annually? Based on current market price?
HAHAHAHA.
March 3, 2009 at 11:32 pm
UD
Renters don’t care about zoning changes so your yield must be awful based on X (see above note). In fact may be more undesirable ie would you want to live next to retail/industrial/apartments ?!?
Good luck to you … for a responsible/industrious guy you could be a lot wealthier a couple of years out.
March 4, 2009 at 12:07 pm
“I pay 6500 a month in rent for a house that is worth approx 2.5million so the 2.5 invested nets me twice what the house costs”
Are you implying that if you were to buy the 2.5 M house you would be paying cash? Just wanted to clarify that.
Also, your corporate debt paying 5.5% isn’t as great as it sounds. Factor in taxes (assuming your holding it outside your RSP which is a safe assumption since the value is 2.5M), factor in inflation. I bet your real return is somewhere in the area of 1.75%. So you have 2.5 M locked up for 4 years earning you 1.75%, now thats prudent investing!
March 4, 2009 at 1:58 pm
Yes I would be paying cash – I would rather borrow for investments as at least you can right off interest expense.
Bonds are liquid securities – not “locked up”
And I agree it’s not optimal but it sure beats any other investment right now – I must confess I have begun to dabble in the stock market Very recently – about 20%
I didn’t realize investment properties capital gains/income weren’t taxable?!? If you hold on long enough you might not have to worry about the cap gains – just a thought
March 4, 2009 at 3:01 pm
Urban Dweller – humour me. Why would someone, like you, who has got out of real estate and made his fortune already bother reading, let alone posting on, a real estate forum like this? And why, when you say you could live off rent, would you have a go at renters – your customers? Methinks everything you say is a crock.
March 4, 2009 at 8:01 pm
@ Paulette, I read this because CondoHype is the best blog in the city about the city. I can make fun of renters all I want, I highly doubt they read this and if they do they won’t know who I am anyways so who cares.
Like I said before, all my rentals are in Richmond and have changed in zoning. See Garden City. They were purchased in 2002 before the city drafted their version of a downtown. I got lucky on the richmond properties (both are detached properties that are near the end of their life span). I know that and am thankful for that. That being said the properties will be rented out until they can be sold to someone interested for building in commercial purposes. Obviously right now know one is calling. Give it time and they will. I’d be an idiot to sell right now when I could fetch more later on. And yes there is an opp cost involved I know that but I can live with it 🙂
March 4, 2009 at 8:03 pm
Oh and Paulette I never said I got out of the real estate game. I’m just sitting on the sidelines for the time being…
March 4, 2009 at 8:13 pm
Urban Dweller, you could make more money holding seminars telling people how you got rich. Oh wait, you’re already telling us how you got rich. Thanks man.
March 4, 2009 at 8:28 pm
Ud, the last downturn in real estate was from 1992 until 2003 , thats 11 years of opportunity cost, taxes, maintenance, fee’s etc. Theres no reason why this real estate recession will be any differant. That is a long time to sit on the sidelines. A lot can go wrong in 11 years. After all, it’s all speculation at this point.
In the recession of the 1980’s real estate values fell an average of 54%, thats just a historical fact not an opinion or conjecture. The recession of the 80’s was a baby compared to this one coming due to the global nature of todays situation versus the localized nature of the 80’s recession which lasted from 1981 until 1986.
When 2, 3, 5 years have passed and your ‘investment’ real estate is down 50% with no upturn in sight thats when the smug are going to be crowing on the blogs about how happy they are.
The capitulation phase of a recession comes when you can’t find a buyer for real estate, that will come, it always does. Talk to someone whos gone through a recession or three. Young people can’t imagine this happening given the performance of that market in the quasi adult experiance of the Diva generations timing. If you can’t imagine permanent layoffs, long term recessionary fundamentals, hopelessness among desperate rental owners then you’re not ready for what’s coming.
One of the biggest and scariest issues I glean from these blogversations is how unprepared most posters are to weather a real hard recession. I put his down as mostly youthful inexperiance.
March 4, 2009 at 9:03 pm
The capitulation phase of a recession comes when you can’t find a buyer for real estate, that will come, it always does.
You can always find a buyer. The only question is how much they are willing to pay.
Agree 100% with your last comment. Even those who lived through the 80’s seem to have convinced themselves that the likes of that could never happen again. Well they’re going to be shown wrong, in spades.
March 4, 2009 at 10:14 pm
My father owned 4 houses in 1981 … by 1984 he had lost 3 and our home was up for sale … if it wasn’t for the local banker at TD 57th and West Blvd we would have been forced to sell. Can’t imagine with the centralized/impersonal nature of our banking system today that ANYONE will get that kind of treatment. I feel sorry for all the families that will go through what I had to endure. Trust me its not too late to sell, my father always laments that he should have acted sooner when things began to unravel.
My guess is it will be 5 years before real returns in RE turn positive (4 more). I suspect most of the real damage will be done by the end of next spring’s selling season.
March 5, 2009 at 9:22 am
@ tragicspin, true a lot can go wrong. However, the value of the two properties went gangbusters when zoning changed. So even if I see a 50% decline I’ll still end up with a nice profit. I have no mortgages and are rented month to month. The only thing I have to do is general repairs and maintenance when needed. In the last five years I’ve spent some money on repairs and am prepared to do so until I sell. I heard rumours that Walmart might come a knocking ;)…
March 5, 2009 at 3:18 pm
UD, good luck with everything. As I said, ” its all speculation at this point”. I don’t believe that the world is going to come to an end. But wading neck deep through a long recession takes it toll.
In the 80’s for example, the stock market picked up towards the end of 84 , two and a half years before the recession in real estate ended and speculators were making boatloads on junior resource stocks. A lot of people who were stuck in non fungible assets were tripping over themselves to sell at a loss so as to get in on the boom.
During a recession , cash flow is sacrosanct, during a boom it’s not as important as a hot market elsewhere. Especially when you’re real estate venture is a millstone while your office mates are makling a killing. This too will happen again.
You can say “I’ll borrow against the property then” true enough, but short term rates in a recovering market will be way up from where they are now.
However you might not want to hold your breath on that WalMart idea. That smoke has been blowing around for 20 years.
March 6, 2009 at 7:36 pm
I find the Rennie-bashing both amusing and edifying, just as I enjoy the comeuppance of the specuvestors who have blighted so many lives. However, I don’t give a damn about the parking tickets. He pays them, he doesn’t abuse the city staff, and the whole thing is just tax collection dressed up as law enforcement anyway.
March 7, 2009 at 1:25 am
Strataman writes: “I admire and YES am envious, Bill Gates, Jimmy Pattison, and even Conrad Black. Lots of envy and respect. Bob Rennie NO envy OR respect, same as any other rip-off artist.”
You classify Rennie as a rip-off artists because he’s the single most successful salesman in your city. But you admire a guy who is in jail for FRAUD?!
You hate someone who legally earns more money than you do. And put some perverted, misplaced faith in a bloated fat-head who has done nothing but strip companies clean for his own personal gain for his entire working career.
I can’t decide whether it’s pathetic or galling.
March 8, 2009 at 4:47 pm
I have to say reading this blog makes me feel better. For a while I kind of felt like an ass because deep down I *really* wanted to see the economy keel over and die, just so we could all see which mini Trumps went tits up.
After flipping through this thread I’m cheerful again. All you wannabe Trump douchebags are going to get a haircut, and by haircut I mean scalping.
March 20, 2009 at 12:24 pm
[…] wonder how real estate developer and king of parking tickets Bob Rennie feels about […]
April 4, 2009 at 3:27 pm
UD- wouldnt hold my breathe for a new walmart. after residential, the retail sector is the hardest hit. you would not believe the number of companies cancelling projects right now, or have pulled out of the canadian market.
April 8, 2009 at 7:04 pm
I agree with those who say the ones that are complaining are the ones who are jealous of Bob’s success. He is a self made millionare by making an honest living (he did not force people to buy or ride the real estate wave). From what I see he has a very succesful company and has a very qualified staff. (with the expection of his operations guy named Kevin) he is an idiot who knows nothing about real estate and pretends to speak intelligently as I had the unfortunate experience of talking to him at an opening once. Other than that Bob should be congratulated on building a successful real estate empire.
April 8, 2009 at 10:20 pm
Once the market picks up again (it may be a few years so who knows) I bet most of these whiners and complainers would have bought something in this current lower market and then be on the opposite side of the fence.
I don’t know Rennie but why are so many people angry that he is successful? He sells real estate….he’s not a criminal or a drug dealer. If you don’t believe in real estate then don’t buy it, why be mad at a guy who is good at his profession? Jealously is ugly!
July 25, 2009 at 1:11 am
Nothing about Rennie, he is making money doing well at his job! If he thinks it’s cheaper to pay for tickets then great for him!