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Recent content by pvilay

  1. pvilay

    Edmonton Property Management. Who Sucks and Who Rocks?

    Libertas has been really great so far. I contacted them last September and they managed to get someone into my place by October. With my first tenants contract ending this October, I hope Libertas really pulls through for me.
  2. pvilay

    Going to Thailand to personally give a donation

    Hey everyone, I dont know if this is a success story or not but I wanted to let everyone know how real estate investing has contributed to my life and the others that I`d like to help. I was having a casual conversation with my parents when my mom brought up her home town in Thailand. She...
  3. pvilay

    Referral for Misc Services in Edmonton

    I recommend ACH services, they are faily new but have experienced all possible property manager nightmares and have the backing of the Edmonton Police! Phone number is 406-3837, ask for Carolyn, you can tell her that Paul recommend you. BHoward, I know they do and arrange renovations, so feel...
  4. pvilay

    credit check on tenents

    I have a friend that runs a property management company, ACH services, and she recommends that I get bank account information (they can black out the account number as long as their name is on the bank info), pay stubs, employer reference letter, previous address or land lord. All of these...
  5. pvilay

    Online advertising - Be aware!

    Yeah, people have to be really careful with these scams, especially if there is any mention of it from Nigeria. I watched a news broadcast about Nigerian Internet Scams.
  6. pvilay

    You don`t have to be older to be an Investor.

    Hey everyone, I just wanted to say thanks for all of your support. To anyone who isn`t a REIN member yet, this is half of what you can expect if you become a REIN member. This group is all about support and building a network so all can succeed. So if anyone is confused about how to start...
  7. pvilay

    If you could only buy one of Don`s books...

    If you like his book and this is something you want to pursue as a vehicle for wealth, i`d buy his quick start program and or join REIN.
  8. pvilay

    Joint Venture Accounting

    Joint ventures are temporary partnerships. In terms of real estate, your Joint venture partnership should be binded by a JV agreement drafted by a lawyer. The partnership can end when you sell the property or if the other party wants to cash out early. All important situations should be...
  9. pvilay

    Deductible Expenses ?

    ekisielewski, I"m thinking that once you accept a rent cheque, or sell a house for profit your in biz. But i`d speak to an accountant. Best to get the answer from the source!
  10. pvilay

    New Guy on Campus

    Hey Kristian and welcome to the forums. A real estate agent can be a good tool to leverage your time, but you need to let them know what kind of homes or neighborhoods you want to target. Like Don Mentioned, pick up the Real Estate Investing In Canada at Chapters or www.amazon.ca/realestate ...
  11. pvilay

    JV calculations - how to

    Russell and Don came out with a great program called the Joint venture secrets. If you liked how the A.C.R.E system was based on a step-by-step system then you`ll love this program. I suggest others should purchase this program, any purchase on increasing your knowledge is a great investment.
  12. pvilay

    Mortgage Calculations

    For anyone else, Randy Jamieson from the Mortgage Centre emailed an excel mortgage calculator to me. Please msg me if you want me to email it to you.
  13. pvilay

    Corporations

    I was actually going to Incorporate as well because of some of the advantages. Turns out you can still deduct expenses and all with being a sole proprietor, but for a new company when it comes to liability, you will still have to co-sign for things under your own name in case your company goes...
  14. pvilay

    You don`t have to be older to be an Investor.

    Hello everyone, My name is Paul and i`m a resident of Edmonton. I"ve been a REIN member for two years now and I owe much of my success to the REIN team. I graduated at NAIT with my 4 year Bachelor`s of Applied System Technology Degree(IT) two years ago. However, during that time I was in a...
  15. pvilay

    Thanks to REIN and the Forum Admin/Mods!

    The creation of this forum has made my month! I remember inquiring about making a forum for REIN members almost a year and a half ago. Great move guys, this was a good step for helping the network grow.
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