Oh right... Yes, the prices are hilarious. $4000 for a roof! $3000 for painting interior and exterior! Love it!

One distinction that needs to be made here is whether you want a contractor or want to be the contractor. Any contractor worth the money charges between 10%-25% of the entire cost of the job. These contractors will organize the trades and materials and ensure the job is done right and on time...

Yep

Ian, We are picking up homes in that same area for $535000. You have your rents about $500 short. If you are paying $600k for a home in the area with a carriage house on top of garage, I believe you are paying way too much. Also, check out this link, it is the allowable rent increase in...

QUOTE (GrahamWhite @ Apr 27 2009, 09:56 AM) TAPING Remove all plug in and light switch covers and then tape all window and door frames and anything else you don`t want paint on. Tape off the baseboards if they are staying on. If you are painting your baseboards the same color as the walls...

My understanding is that you do not have to log exact numbers. I know... CRA says you must and if you got audited you need proof but, as long as you have a note in a calendar that you went to your property you can just go to Google maps and search the distance from your home to property and...

It is illegal to grow pot if the intent is trafficing... 1, 2, maybe 3 plants would be ok?? I don`t know the yields but again, I think it comes down more to what type of person you are and the people surrounded by the pot. ie. if you have young kids playing around your plants, I could see the...

Thomas, you hit all the right points. One other thing. When starting out, if you have no other source of income from your household, I would highly suggest starting out by working under an established advisor. Preferably one that is 50+ and who will be retiring in the next 5 or so years...

What are you painting? It`s very likely you do not even need a primer. If you do need a primer, go out and purchase Zinsser latex based primer/sealer/stain blocker. Also, unless you are going to use a tremendous amount of primer, you only should buy by the gallon. I run a painting business...

Hey Russell, That would be great! Q`s: How did they attract JV money with little experience? Did they have a full time job or were they self employed? If self employed, any suggestions with working with banks?

Best tenant = Semi Retired/Retired who just sold their home, downsizing and don`t want hassles of home ownership.

QUOTE (jamievaughan10 @ Jan 22 2009, 12:29 PM) Hey everyone, my name is Jamie Vaughan and i just recently joined this forum. I have thoroughly enjoyed reading all the posts and am looking forward to get started in my real estate investing. I am currently attending Trinity Western University...

QUOTE (albainstar @ Jan 22 2009, 11:23 AM) i dont think he wants to be a security guard but a securities broker QUOTE I`ve also spent 2.5 years in the U.S. Infantry (including 7 months in Iraq) and lots of security related training. Although I hate the weird hours (nights and weekends), it...

My sister in law`s ex is a security guard. Makes $15/hour in Calgary. Terrible hours... It is shift work so every month he has to work X grave shifts and X day shifts. He hates that the most about the job. Also, be prepared to work Christmas Eve, Christmas Day, New Years Eve, New Years Day...

Hey Marco, The one point that is stressed by everyone is to keep that full time job. I completely agree, but I come from the opposite side of the tracks. I`m 24 and graduated from university just over a year ago and have been building a number of businesses since. I do not have a "steady"...

I`m definitely in. 24 and living D/T Van. Flipped a prop and now looking to buy a C/F. "Blind leading the blind"... We already have REIN and other sources to help with knowledge and wisdom. I think it is great to talk to others in the same situation and how they are handling...