Thanks for the input guys! I strongly agree that right is not the best time to buy in the Edmonton market, they have some tough times ahead of them. It was more for informational purposes. I've seen a few properties pop up over the last year and I don't know a ton about the area. Good to do your...

Hey, does anyone have any thoughts around purchasing income properties in Devon, Alberta?

Thanks MrsWalks, I appreciate the advice and congrats on your first rental. I agree the surrounding communities of Calgary offer way more bang for your buck. $244K for a 3 bedroom in Airdrie is a great price, I hope to find a similar deal when the time comes. Thanks

Hey Thomas, Yes, the property is valued at just over $500,000. You raise a very valid point about the risk or renting a higher priced home. As for who rents a home for $2700/month I am not totally sure but it seems to be common in Calgary. There are places in my neighborhood that have...

Hey Greg, Thanks for your response! I do have my concerns with the option of renting out my current home and purchasing a new home as well. But my concerns are more around the overall cost since I will be carrying two decent sized mortgages. If I were to have any months of the rental not...

Thanks Thomas & Tootse, You both have great points! Thomas thanks for all the links, I spent most of my night reading them. There is some really useful information in there which you don't find in most real estate investment books. I look forward to reading your book, its on order from...

Hi Sherilynn, Do you just go down to your local court house to purchase a judgement search? Thanks,

Hello, I am a regular reader of this REIN forum and I find the information to be fantastic. I have a question which I'm sure many people deal with when looking to buy their first investment property. I would love to hear some advice or recommendations from your past experiences. I am looking...

Hello, I am very interested in purchasing my first rental property in the near future. I understand that I should work with a broker that specializes in this area and not just a regular broker. Can anyone recommend a broker out of Calgary, that excels at investment properties and is great to...