Yeah tell me about it. It's pretty bad right now here. Both the city and province are hell bent on bringing down the investors. Do you know the ballpark lending rates on commercial? My agent was saying 4.5-5% but curious what everyone else is actually getting?

Hey Cory! Thanks for chiming in - I was hoping you would as I know you have extensive experience in this realm. This unit is in Kelowna to make matters worse. I have heard recently that the multi pricing here is way out of whack. I will keep reading and learning and I have an agent or two...

Hey everyone - I am in a position that I am starting to actively look for a multi unit building and had a few beginner questions. A unit that I viewed is 2.8M ask and the cap rate is 5.1%. The NOI is 140K and I just found out that NOI doesn't include debt servicing costs (newbie here...

Great - will definitely fire you off a PM if we decide to make a move on this place. I think the best play is for them to just unload it and everyone can be done with it - but we will see! Thanks again for the info/advice!

Wow those are great rents in Saskatoon. I will do some digging to see what similar units are renting for in Regina. Great call on the dog friendly approach - is that $100-$150 a month extra that you tack on? Are you allowed pet deposits in SK? In BC, we rent to dog owners and takehalf a...

It is a non conforming suite. Doesn’t even have a window in the basement. No stove downstairs though. We have legal suited units in Kelowna but I know the rules are different everywhere. Yes it’s in very good condition - ideas as to what it could rent for up and down? Would need to hit 2k...

Hey Kris - thanks for the reply and the insight. Good to know that others have seen this issue and its not just the contractor stringing them along. That is crazy that the entire city is dealing with those kind of soil/foundation issues. We live and invest in Kelowna and we don't know the...

Hi there - my family has an older home in Regina (good neighbourhood) and they have been trying to sell it for a year now. No luck. Worst possible timing for them. My wife and I are trying to stay out of the picture as another sibling fronted the cash for the property so we don't want to...

Hey everyone Does anyone here have a recommended realtor that they have used or have experience with in Regina? My in-laws listed their place four months ago and the agent went in too high ($339K)- and convinced her parents that the price was right. Two months no offers or showings and they...