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    1 year lease mistake (?)

    QUOTE (cozzafrenzy @ Jun 18 2010, 10:02 PM) So I've got my first place, suited bungalow with detached garage and I think things are going quite well. I will be advertising the basement by the end of next week after I have new bigger egress windows installed. I've signed a 1 year lease with a...
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    appliances

    QUOTE (davidlucas @ Nov 8 2009, 10:20 PM) Hi, just got back from the ACRE weekend in Calgary. Thanks so much to Don and the REIN team for a brilliant weekend. Question? Does anybody know of a good source to buy Laundry and kitchen appliances in Calgary apart from the 'BRICK' Try Major...
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    Am I the only one a little concerned

    QUOTE (wgraham @ Oct 30 2009, 11:22 AM) There is undoubtedly a lot of enthusiasm out there right now regarding Legrand style deals. I think that it was great of the REIN team to bring him in and show REIN members how to be creative with Real Estate. I am using a few of the skills taught and...
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    Showing Security Deposit statements

    QUOTE (JimWhitelaw @ Jul 13 2009, 06:14 PM) Zuzana, what branch/dept of gov`t is requesting your info? What kind of compliance? Have you verified that they are legally entitled to the information they are asking for? Nathalie, I agree w/ Zuzana. Tenant has no right to see your bank statements...
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    Showing Security Deposit statements

    QUOTE (NathalieLiuHiller @ Jul 13 2009, 05:38 PM) Hi, I currently manage my own couple multi-unit buildings in Edmonton. Ever since I started, I have kept my tenants` security deposits in a separate Interest-bearing Business account. One of my tenants moved out and she is making a stink about...
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    Looking for a Calgary RE Lawyer

    QUOTE (bizaro86 @ Apr 3 2009, 11:34 AM) Hello, I`m looking for a Real Estate lawyer in Calgary to close my first purchase of an investment condo. Ideally looking for someone who is both competent and reasonably priced. Located in the NW would be a positive, but not a necessity if they meet...
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    REIN membership fee.. considered what expense?

    QUOTE (realfortin @ Mar 7 2009, 09:31 PM) Hi Zuzana, How many properties did you own at the time? I think the rules are different if you own one than if you own 2 or more RF We managed 28 doors with rental income in excess of $250 K a year. This is mu full time job for over 3 years. Zuzana
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    REIN membership fee.. considered what expense?

    Hi, we have first hand experience with this. We were audited in year 2006 and 2007 and REIN fees, Calgary Apartment Association fees were deemed non eligible for the deduction from Rental Income. Our accountant fought all the way to the Appeal board, but decision stands. We were told that...
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    Carpet damage - what to charge?

    Tenants moved into newly painted basement suite with brand new carpet 3 years ago. Now they are moving out. I did walk through and discovered that they cut into the carpet - about 2 ft (probably to run some cables) and carpet is now damaged. I was not planning to charge for cleaning the carpet...
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    to rent or not rent

    Empty! From my own experience most of the problem tenants and evictions were inherited tenants. Selecting your own tenants is always advantage, good luck! Zuzana Haska Linden Property Management LTD
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    6 Month Lease Term Early Termination By Tenant

    QUOTE (GarthChapman @ Jan 27 2009, 11:56 AM) Agreed, one month`s rent is too high, hence our $500 figure. Whether the fee is enforced is up to the discretion of the Judge or Dispute Resolution officer ruling in the case. Build a strong case, present it well and you should be successful - note...
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    6 Month Lease Term Early Termination By Tenant

    QUOTE (RJPurvis @ Jan 24 2009, 09:25 AM) Oooopss on the Diane thing I was in a hurry...lol! Okay Garth that`s what I thought and I will be adding that clause in my new contract! Hi friends, you may add any clause to the contract, but it will not stand in the Tenant resolution court. In our...
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    Smart Key

    I have started installing Smart key locks on all of my properties once the tenants move out. The benefit is that you install this lock once and then with a simple pin like device re key to another key every time new tenant moves in. Obviously there is an innitial investment ($45 ), but after...
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