I have access to a corporation with approx. $300,000 of losses. My accountant said to try and sell it off and it seems more practical to try and recover the losses as the corporation does not have any outstanding issues. It seems that fixing and flipping real estate may be the best way to go...

Is it possible to find a good partner to work with or does most people go the solo route for investing or use joint ventures instead and still keep in control of the projects?

I bought a home in the Crowsnest Pass for $75,000 in 2005 and used it as a weekender home. The value shot up to the $240,000 in the recent peak years. I put a $196,800 mortgage on the property to buy other properties. My stepdaughter currently rents this property from me and she has fallen in...

Three investors, one a contractor, build a house. Two investors pay contractor`s company for materials, contractor does the work outside of the company using his labor as his share of the jv... contractor wants to use the house as a principle residence so he can not pay capital gains. Realtor...

I seem to be getting in on the foreclosure track although i think that the banks really want close to the market value so there would be not much of spread for an investor to jump in on them to buy and flip. The preforeclosures on the other hand seems to be the better way to go, saving someone`s...

Rather than to sell off properties individually, has anyone sold their corporations to another investor with the entire portfolio? Is that a good way to get into real estate as an investor? Or maybe to move up the property ladder with buying one? Has any used a corporation to do a joint...

For those flipping, you pay on the income of your stock at full rate. If the price goes up during that time, you are quickly out of the market. I watched an acquaintance do that in the Crowsnest Pass. He made a killing, but had to buy in the same market that faded away taking his profits as...

Born there a long long long long time ago! http://cgi.ebay.com/Beautiful-3-BR-Colonia...=item19b7c073cb My father held a property there that he rented out and ended up in the 70`s selling for $1000! And almost 40yrs later, the bargain price has only tripled??? It almost seems like this...

A renovator investor and a "family" related investor look at doing a new house flip. They sign the joint paperwork together obtaining the lot and then decide maybe it is best to have 2 jv investors and everyone gets 25% of the profits taking financial stress off the project. As the project is...

Everyone seems to have either a horror story or something that crawled out from underneath a rock and bit them! Life in real estate investing does have it`s low branches to watch out for. Some things that can go wrong are rare occurances, but they do occur. This topic seems like it would make...

Two properties, one a distressed jv...2 of 3 investors want out. This one comes with a story... and a reminder to make sure that your jvs are well documented with everyone being on the same page at all times. A realtor is needed to list this one asap. Second one needs windows and garden/patio...

Curious to know if both programs have the same material or different??? It seems the upcoming event has the What`s Behind the Curtain added plus the bonus evening from what i can see.

If i were to purchase a condo to rent out, would i the owner pay the condo fees and add it to the rent or would the tenant add it to his/her expenses to pay? I have never bought condo property and that situation may arise in the near future. Better to use foresight than hindsight!

I have spent a lot of time actually working on real estate projects and now have decided to do my own bookeeping and better learn that area. The first thing that i noticed as i loaded my company file into the new 2010 Quickbooks Pro software (psst... on sale now at Staples, $50 off til the end...

Anyone interested in creating a Calgary Mastermind Investment Group? (like the one in Hamilton?)

My realtors in Pincher Creek have been putting the bug in my ear to become a realtor and join their team. I am more of a fix, stage and flip investor. I have always heard that you have a fine line not to cross when you are a realtor and an investor combo! I know that you do have priviledged...

I was searching youtube.com for some house flipping videos and came across these two guys out of college who became house flippers. They put together some great videos! Worth a watch! Great format! http://www.youtube.com/user/TheFirstFlip

I am realizing that i have come to a point in real estate investing where i have hit two ceilings. A) Just enough cash flow to cover the risk factor, debt and expenses. No more funds to upgrade properties. B) The time factor: I am only one person! I do what i am able to do with upgrading...

I attended a Darren Week`s Rich Dad Poor Dad Seminar and first learned of this group. It seems that they can invest in real estate, stocks and ??? I am wondering just what structure they use to do this. My guess is a LLP? Mike had some good ideas of how they were investing when it came to...

Recession time hits small business owners. What is done when it comes to quit claiming a lease for a business? I understand that basically the business owner signs over the business to the landlord and walks away in lieu of the balance of the lease. Does the landlord have the forms...