Hello all! I have finally become landlord in my home city, Edmonton. I own 4 other properties but in other towns and provinces, and over there advertising on Kijiji is a way to go to get most interest in your property. What`s your experience and preferences for Edmonton? Are Rentfaster, or Rent...

Hello, I am currently renting a duplex in Regina, and my PM was approached by a woman who wanted to rent the property in purpose of day home for kids. She offers higher rent than I ask, and would sign for 3 year lease, stating that she would get her own insurance for this type of business...

Hello everyone! I would appreciate if anyone would recommend good, price reasonable and AVAILABLE handyman in Regina! Thanks upfront! Dejan

Hi everyone! In past 2 years I`ve been investing outside Edmonton, but now looking to Edmonton again. What is your opinion and experience about particular areas and neighborhoods of the city where you wouldn`t have to worry much about finding tenant in next few years (during this "slump")? Some...

Whoever invested in Alberta or lived and worked until 2008 wishes this golden times again. Back then, neither BC nor SK were as competitive as they are getting more now in oil and gas industry, which is Alberta economic spine. What`s next for Alberta? Is $80/barrel enough for kick start or we...

Hi all! Anybody could recommend realtor in Red Deer? Thanks Dejan

Hi there! In a buying mode again! Anybody knows current vacancy rates for Red Deer and Edmonton? In addition, if anybody would recommend Red Deer realtor, would be appreciated. Thanks Dejan

Hello everyone! Interest rates are predicted to increase in 2010, and I`ve seen some investors are hedging now against higher rates (opting for fixed instead of variable). Even though nobody expects them to jump sky high, they are expected to rise as soon as January. What`s your take on it and...

Hi there! I know there had been many posts here, if HELOC is better than mortgage, or so. However, my question relates, if getting secured LOC instead of mortgage would affect credit file and score, as it would be placed as revolving account, and therefore in same class as credit card or...

Hi there! I`ve been recently approved from a chartered bank for refinancing, with condition to pay off some debt on credit line (unsecured), but can leave it open. However, when I attempted to get more money by going through CMHC, I`ve been told that I might be asked from CMHC to actually...

Hello everyone! I started investing last year during last months of boom period, as I was initially lucky with my own condo a year before. I did eventually got caught up with some good and some bad investments, as I was rookie (still am) and was hit with downturn right after purchases ...

Hi all! I have fallen into my own trap I believe, and I would appreciate your opinion. I have recently signed offer to sell one of my property and received deposit for it. Reason for selling it was too many problems (my first rental ever) last year and high maintenance costs as well. I have...

Hello everyone! I have a tenant who during the ice storm, in NB, few weeks ago fell in front of my property, dropped her cell phone and now claims that phone broke and wants $300 for replacement. She threatens through my PM to sue unless her phone is paid for. At the same time she didn`t pay...

Hello everyone! Can anybody recommend good accountant in Edmonton area, with RE knowledge first, and in conjunction with other business services. Thanks in advance Dejan

Hi everybody! I need some help if anyone could explain to me how "rent-to-own" option actually works. I`ve heard for term but I don`t know how it functions. I know somebody might be surprised at this basic terms that I don`t know, but for me as a novice investor and having it hard to sell "dog...

Hello everyone! I have recently came across bump when I tried to get insurance for to be purchased VACANT property in Regina, so I can close the deal. Main obstacle is that I am out of province, so not having supporting business, and that property is vacant at the moment. Seems that no one is...

Hello, everyone! There`s been lots of talk about investing in the U.S., and how good market is now and probably will be better for Canadians. Does anyone know by personal experience if ownership of the property there gives you additional status in the States but visitor? I know that you are...

I have got a bit surprising results, today, of the bank appraisal for the property I intend to purchase. Agreed price, which seemed pretty good to me was 90k, but bank appraised it on 70k. So far I have never had appraisal being so much off, if not even higher. So, my question is by your...

Hello, everyone! Would like to know what`s your experiences and thoughts on owning property few thousand km from where you live. Did it cause you any additional hardship/expenses or it`s only a matter of quality property management company that you hire? After all, even though there is good...

What do you think about Saskatoon in upcoming year(s)? We focus most of the time on cities in Alberta, but after this year`s 50% appreciation is it poised to continue somewhat smaller but still good pace, or this was only price correction/speculation and it has peaked? Fundamentals look good...