I’m working with a new JV partner on an 18 suite building (asking price $1.6m) and we had initial conversation of a 50/50 partnership. His commitment would require initial down payment, a reserve fund (3 months rent) closing costs and some minor repairs. We’re near closing on the building and...

Thanks in advance for your comments and constructive feedback. I’m looking to take out a 35 year mortgage on a condo I recently closed on in Edmonton. Final mortgage documents will be in place within the next 10 days. The bank has offered three options, first, a floating rate (which is what...

Thanks in advance for your feedback. I’m looking for a realtor and a property management company in Edmonton, your thoughts would be appreciated. Regards Rick

QUOTE (thomasbeyer2000 @ Jul 15 2008, 09:45 PM) what do you charge ? somewhere between $1350 to $1500 plus utilities ? if tenant is good, keeps house clean and pays on time .. I`d not raise rents and send them 4 movie passes AND a voucher for a free dinner at some restaurant (say Earls, Joey`s...

QUOTE (kenko @ Jul 17 2008, 11:36 PM) I don`t see any rent increase in Mckenzie area.....I feel it`s already good when the tenants don`t ask you to reduce the rent. For Mckenzie, i am getting about $1550 for 3 bedroom, 1200sqft townhouse, and about 1850 for a single family home, 4 bed...

QUOTE (GarthChapman @ Jul 15 2008, 09:19 PM) We are not seeing increases in Calgary this year, at least from rents that were set last year when the vacancy rate was at its lowest point. Some rents are even down a little. Thanks for the feedback,, just as an FYI I`m getting $1700 for the home...

Thanks in advance for your feedback. I’m looking to increase the monthly rent on a single family home I have in the S.E. (McKenzie/Stonegate) area. 3 bedrooms, en-suite off the master, 1.5 baths, 1200 sq feet developed basement. Your thoughts on average rental increase for 2008 in Calgary...

RE: Thoughts on renting out a double detached garage, websites to use and time of year I`ve got a really nice, clean, secure, double detached garage in S.E. Calgary (Mackenzie lake) which I listed on Home Rent 30 days ago for $250/mos. storage only on a 12 mos lease.The add contains a very...

Thanks in advance for your suggestions and comments. I’m looking to engage with a realtor to purchase several properties (condo/town homes) in Edmonton, someone who’s previously worked with REIN members has knowledge of our model for property selection/due diligence etc. as well as an...

Your recommendations for a residential property management company in Calgary? Thanks in advance for your feedback Regards Rick Brost