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  1. ChrisRichards

    Tenant moved out but won`t return keys.

    In Alberta, the tenancy is broken when the tenant has abandoned the premises or when the tenant does something that makes the landlord reasonably believe that the tenant has ended the tenancy agreement. This is called "repudiation" of the tenancy agreement. Repudiation happens when the tenant...
  2. ChrisRichards

    How to Screen Buyer/Tenants?

    So you`ve been guns to the wall on Ron LeGrand`s system and your finally getting a property or two that you either have or might get under contract. Now you need to install a "qualified" tenant/buyer (T/B). To me, "qualified" means they stand a very good chance of getting their own "take-out"...
  3. ChrisRichards

    Pat Live

    QUOTE (ogarcia @ Jan 5 2010, 10:23 PM) Hi Chris, Can you share which VM / VoIP service you are using? I would like to take that route too. Many thanks, Oswaldo Garcia www.VOIP.ms
  4. ChrisRichards

    Pre-foreclosure Deal

    QUOTE (robertmcleod @ Jan 1 2010, 09:39 PM) I can think of lots of ways to have fun with a deal like this. The reality is you`ll be negative just to hold the property and your "partner" doesn`t have the deep pockets to help hold this so it will be all up to you. Long term development value is a...
  5. ChrisRichards

    Pre-foreclosure Deal

    QUOTE (travis @ Dec 16 2009, 06:34 PM) Facts: Mortgage of 690,000.00 Payments 3,600.00 She is 2 Payments late with the next one due on Dec.29 The property is zoned M-C1 with a 50*120 lot. Currently is a large 4 bed + basement suite home that formerly rented for 3300.00. Great location and...
  6. ChrisRichards

    Pat Live

    Great thread - Here`s our four-bits! We use voice mail (VM) with a local number from one of many Voice Over Internet Providers (VOIP). You can get a "soft phone" (software and head set for computer) if you want to answer the odd call, otherwise you can set it to ring 3 times then go to VM, as...
  7. ChrisRichards

    Lease to Own

    QUOTE (MarkTorgerson @ Nov 17 2009, 02:32 PM) Hello I am interested in using some of the Quick Turn real estate methods as more of an exit strategy for some of the units that I have already owned for a number of years. I have been looking at some information in regards to establishing price but...
  8. ChrisRichards

    Plan for 1M next year in quick turns

    My take in a different format - yes Ron stumbled a bit so I had the same hole. Inputs Letters 1000 Avg $/deal $35,000 Response Rate 10% Prospects/Reply 10% Deals/Prospect 10% Profit per 1000 $35,000 Profit/letter $35.00 Goal2010 $1,000,000 Profit/Letter $35.00 Letters Req`d 28,571...
  9. ChrisRichards

    Where to invest?

    Keep in mind that just because you might get $2000 in rent, the suites must conform to zoning in order for a lender to recognize all the rent (i.e. illegal suite rent can not help qualify the mortgage).
  10. ChrisRichards

    Canada Reeling From Oil`s Collapse

    QUOTE (tonyla @ Dec 31 2008, 12:04 PM) I understand our currency is coupled to the price of oil, but the reasoning that he puts forth doesn`t make sense to me. Simply put, buyers of Canadian products need to pay us in Canadian dollars (even if they pay us in USD, we then need to convert to...
  11. ChrisRichards

    A good Red Deer Realtor

    Hi there - Dusty Smith of Help-U-Sell Realty in Red Deer does a fair bit of commericial/investor work. (403)342-7355.
  12. ChrisRichards

    Oilsands an emerging global growth star

    Here`s what the U.S. is facing up to for its thirst for oil 21-Nov-07 OTTAWA — In a massive new multivolume report on energy strategy in the United States, a high-powered federal task force puts "peak oil" into perspective. "North American oil shale and [oil] sands alone far exceed all the...
  13. ChrisRichards

    Oilsands an emerging global growth star

    As oil leaps towards a new landmark high of $100 US a barrel, the world`s top investor-owned producer, ExxonMobil, has singled out Alberta as an emerging global star of production growth. Output expected to quadrupple by 2030...
  14. ChrisRichards

    November 2007 Research Discussion

    On Monday, Nov 5th, 2007, Enbridge Inc. announced pipeline projects bringing bitumin from north of Ft McMurray to Ft. Sask area refineries and a return line for the dilutent. "The estimated cost of the pipelines and related facilities is approximately $2 billion with planned in-service dates in...
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