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Recent content by Savard

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    Fight Aids, Save Taxes

    QUOTE (monalisa21 @ Nov 29 2010, 05:58 PM) Tax fraud....if you are able to prove this is tax fraud (if the program is non compliant in your opinion) you should contact MissionLife. They will give you 10,000 to prove it. Apparently they`ve had 40 some people try unsuccessfully. I ask you, if tax...
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    Canmore renters must pay $19,000 in damages after dog pee destroys carpet

    This is an inspiring judgement that shows tenants are accountable for their actions in Alberta. I plan to include this article when i provide final accounting of damages to my tenants. I think it will improve the chances of getting damages from the tenant, if required.
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    Property Management Software

    This is to detail my experience with my trial of the property management software, Landlord Enterprise. I would not recommend it. 1. It always hangs. I spend more time waiting for pages to load up or restarting the program and/or computer. For example, the tab for the batch rents take...
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    Saving for...downpayments or retirement

    Hi, I`m a real estate guy and never recommend a retail investor putting money into the "TSX Casino". Greg Hasbritt just wrote a book on this subject-- google "RRSP Secret"-- Read more before deciding what to do. Be sure to interveiw many sales people before deciding what to do. Quick answer -...
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    Is Calgary still #1?

    QUOTE (bizaro86 @ Sep 14 2010, 09:30 AM) Gas prices are still low, but oil prices are quite high, and the change to multi-stage frac`d horizontal wells has meant the number of service-hours required for a well (and the # of workers) is much higher. (more workers == more housing demand) It is...
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    $125K/door Calgary Multi-Family

    Seems right Brett. Apparently, this building has an engineering report stating that is it is structurally sound. It settled on a tilt. I am not sure what premium would be expected from a finance company to offset this risk. It is conditional in around the asking price with 25% vacancy...
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    Bed Bugs

    Thanks Ray. Any chance you have a point form summary of how to reduce the risk in our suites, my home and in hotels? article on the Hamptons bed bugs http://www.independent.co.uk/news/world/am...ns-2025830.html
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    Bed Bugs

    Thanks Nathalie We are going to try this in one of our proerties
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    Why High Office Vacancy Is Good For Calgary

    QUOTE (JDaley @ Jul 12 2010, 09:10 AM) This is a ridiculous statement and a ridiculous post. No one builds with high-vacancies in mind. The fact of the matter is that the expected demand for commercial property hasn`t materialized because of the economic conditions globally, and mostly because...
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    Why High Office Vacancy Is Good For Calgary

    QUOTE (JDaley @ Jul 10 2010, 03:41 PM) No. Same thing happened here in the 1980s and they certainly thought they saw the future bight and shiny. The thing they didn`t count on back then was the NEP and the Federal government. This time its the provincial government who did us in. The Stelmach...
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    Why High Office Vacancy Is Good For Calgary

    There have been many articles lately outlining the high vacancy rate in Calgary office space. With the new Bow Tower coming online shortly and a few other substantial projects this trend isn`t going to reverse itself anytime soon but will Calgary make lemonade from lemons? Interesting press...
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    Why High Office Vacancy Is Good For Calgary

    QUOTE (Savard @ Jul 5 2010, 04:41 PM) I agree that high vacancy is great for Calgary. Great for my tenant clients who are moving to higher quality buildings for less cost than years past. And great for my properties because employers will experience a reduction in operating costs and should be...
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    Commercial Lease

    For a size that small, I recommend simply calling the brokerage shops and making calls off signs in buildings that appeal to your friend. Be sure to have his lawyer review the documents. Be wary of personal guarantees. There are brokers that specialize in Reail Leasing: Paul McCloy with Taurus...
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    Why High Office Vacancy Is Good For Calgary

    I agree that high vacancy is great for Calgary. Great for my tenant clients who are moving to higher quality buildings for less cost than years past. And great for my properties because employers will experience a reduction in operating costs and should be able to afford to hire a new...
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    Inner City Condo Market Calgary

    QUOTE (Millions @ Jun 26 2010, 11:27 PM) I was wondering what people think about the inner city condo market in Calgary. Not buying right now but I already have a condo in killarney from 2007. It`s still not worth quite what I owe right now but the Ctrain station will be about 600m away end of...
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