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  1. R

    Opinions of future of Alberta

    I'm cautiously optimistic that the worst is over for AB and we are seeing a rise in rental rates and RE values. We recently raised one rent by 23% in Grande Prairie and because the tenant works in the oil patch and vacancies are now pretty low, he didn't bat an eye. Calgary however has been...
  2. R

    top 10 investment cities

    Curious on your reasoning for saying that? I don't necessarily disagree but given an overall vacancy rate over 25% it feels like it can't get much worse. Are you assuming that a slowly recovering oil patch will close the gap and start to push RE upwards?
  3. R

    We need more protection against drug users

    Currently the AB Residential Tenant Act says a landlord has to give 24 hours notice to inspect a suite. However, if a landlord detects drugs being smoked in a suite, 24 hours is plenty of time to clean up the drugs and for the culprit to air out the suite or leave. Where does that leave the...
  4. R

    Is a tenant responsible for damages by their guests?

    I think so too, but would be nice to have a solid statement that says "Tenant is responsible for the damages of their guests"
  5. R

    Is a tenant responsible for damages by their guests?

    (e) that the tenant will not do or permit significant damage to the premises, the common areas or the property of which they form a part; I saw that but "or permit" sounds very weak in relation to responsibility. In my case, tenant is going to argue that she gave her car keys to a guest and...
  6. R

    Is a tenant responsible for damages by their guests?

    But it's not. That's what I would have thought too.
  7. R

    Is a tenant responsible for damages by their guests?

    I'm sure the answer is yes, but where is that actually stated by law? (AB)
  8. R

    Fire damaged home. Wondering about rebuild and obligations...

    You're a bigger person than I. I think the hard part is that I'm taking this one personally. The tenant came to me in a disadvantaged position and was suspicious that I'd be willing to help them. I did. Gave them lots of breaks along the way, free furniture, assistance and a significant price...
  9. R

    Fire damaged home. Wondering about rebuild and obligations...

    >Are you referring to the rent paid for the month he last resided or for a future month? I was referring to the month of the fire. They paid rent for January and one week into the month the fire occurred and they want 3 weeks of rent returned.
  10. R

    Fire damaged home. Wondering about rebuild and obligations...

    Had the misfortune of having a tenant's relative staying in my rental and their discarded cigarette caused a serious fire. The house will be gutted down to the studs and outer walls and rebuilt. Thank goodness for insurance and rental income replacement clauses! I have withheld the damage...
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