My friends are about to loose their house as their bank decided to start foreclosure proceedings after one missed payment! This home is located in Harvest Hills in Calgary, built in 1989, city assessment was $408,500, 2 story, 3+2 brms with developed basement, 3.5 baths, 1802 sq.ft with 1000...

Good article in todays Herald Don. I do have a related question for you. You mentioned that AB RE is hot in Europe and the US. Where from the US are the buyers coming from and what are they looking for? Interesting to find out as well, was that even as far as Irland investors know about the AB...

I`ve been investing in AB RE for number of years and we manage our own properties, locally anyways. I`ve had number of people ask if we could manage theirs as well. Can anyone manage properties, that are not their own, or does one have to be licensed to operate it legally? Thanks in advance Jana

Don, here is a question for you. I just spoke to a long term RE investor (20+yrs) and he said he`s thinking of liquidating all of his RE portfolio due to what is happening in the US, he feel that this will affect Canada by decrease in housing prices in the next year or 2. He feels that...