Hi Paul, We researched this model a few years back and the company we identified as the biggest player in Edmonton was Premier Executive Suites. We met with the owner and he seemed like a pretty good guy. Here's their website: http://www.premieresuites.com/ I hope this helps... Lucas

I agree with the posts above. I would sell the land and buy an income generating principal residence. I have done some subdividing and it has been good but it required a lot of cash; and in both cases, it was cash that was not budgeted. The subdivision process is ALWAYS more complicated and...

It can't hurt to ask though...or at least mention your perceived value of putting a sign of theirs on the project. I would put the sign up for free...especially the financing bank...Its called scratching each others back and you may want to do another project with them in the future. Save...

This is fear based journalism...Debt is definitely a problem for some but not necessarily everyone and it depends on your definition of retirement... Lets say I borrow 400k to buy a house today with an agreement to pay it off in 30 years...I am 34 yrs old. In theory, if all goes as planned, I...

I was replying to Rickson.

Haha! Your strategy is calculated, if not a little morbid ;) At least your honest about it and it does make sense. Historically, I've been a more "hands on" investor so hearing your strategy is interesting. Lucas

I appreciate your insight. I understand that in order to be really successful in Real Estate (as well as pretty much anything else), I have to specialize. The whole point of me approaching Rickson with these inquiries was to gain some insight on his success in these areas. As well, I was...

Thanks for the reply... It looks like I missed the boat. Do you have any experience with/knowledge pertaining to multi-family in Phoenix. You mentioned that you were negotiating a bulk purchase in Phoenix...do you think there are still opportunities with those or should I scrap the idea...

Hi Rickson, I've been following this thread for sometime now. The information is very good. Thanks for posting your experiences. I have been interested in investing in the US market for awhile now but haven't acted (I may be too late but c'est la vie...). I have a few properties here in...

Hello, I am an Realtor in Edmonton that specializes in investment property. I have 7 years experience and have helped numerous REIN members over the years. I'd be happy to discuss the possibility of working together! You can reach me on my cell at 780.965.7029 or email me lucas dot...

It is very skimpy...especially considering the condo fees on an apartment style unit would be in the 220 to 300/month range. Older 3 bdr TH in decent complexes are still selling in the 180 to 190k range and they get 1200/month. Also, the fees are only in the 160 to 200/month range (because...