QUOTE (monalisa21 @ Nov 29 2010, 05:58 PM) Tax fraud....if you are able to prove this is tax fraud (if the program is non compliant in your opinion) you should contact MissionLife. They will give you 10,000 to prove it. Apparently they`ve had 40 some people try unsuccessfully. I ask you, if tax...

This is an inspiring judgement that shows tenants are accountable for their actions in Alberta. I plan to include this article when i provide final accounting of damages to my tenants. I think it will improve the chances of getting damages from the tenant, if required.

This is to detail my experience with my trial of the property management software, Landlord Enterprise. I would not recommend it. 1. It always hangs. I spend more time waiting for pages to load up or restarting the program and/or computer. For example, the tab for the batch rents take...

Hi, I`m a real estate guy and never recommend a retail investor putting money into the "TSX Casino". Greg Hasbritt just wrote a book on this subject-- google "RRSP Secret"-- Read more before deciding what to do. Be sure to interveiw many sales people before deciding what to do. Quick answer -...

QUOTE (bizaro86 @ Sep 14 2010, 09:30 AM) Gas prices are still low, but oil prices are quite high, and the change to multi-stage frac`d horizontal wells has meant the number of service-hours required for a well (and the # of workers) is much higher. (more workers == more housing demand) It is...

Seems right Brett. Apparently, this building has an engineering report stating that is it is structurally sound. It settled on a tilt. I am not sure what premium would be expected from a finance company to offset this risk. It is conditional in around the asking price with 25% vacancy...

Thanks Ray. Any chance you have a point form summary of how to reduce the risk in our suites, my home and in hotels? article on the Hamptons bed bugs http://www.independent.co.uk/news/world/am...ns-2025830.html

Thanks Nathalie We are going to try this in one of our proerties

QUOTE (JDaley @ Jul 12 2010, 09:10 AM) This is a ridiculous statement and a ridiculous post. No one builds with high-vacancies in mind. The fact of the matter is that the expected demand for commercial property hasn`t materialized because of the economic conditions globally, and mostly because...

QUOTE (JDaley @ Jul 10 2010, 03:41 PM) No. Same thing happened here in the 1980s and they certainly thought they saw the future bight and shiny. The thing they didn`t count on back then was the NEP and the Federal government. This time its the provincial government who did us in. The Stelmach...

There have been many articles lately outlining the high vacancy rate in Calgary office space. With the new Bow Tower coming online shortly and a few other substantial projects this trend isn`t going to reverse itself anytime soon but will Calgary make lemonade from lemons? Interesting press...

QUOTE (Savard @ Jul 5 2010, 04:41 PM) I agree that high vacancy is great for Calgary. Great for my tenant clients who are moving to higher quality buildings for less cost than years past. And great for my properties because employers will experience a reduction in operating costs and should be...

For a size that small, I recommend simply calling the brokerage shops and making calls off signs in buildings that appeal to your friend. Be sure to have his lawyer review the documents. Be wary of personal guarantees. There are brokers that specialize in Reail Leasing: Paul McCloy with Taurus...

I agree that high vacancy is great for Calgary. Great for my tenant clients who are moving to higher quality buildings for less cost than years past. And great for my properties because employers will experience a reduction in operating costs and should be able to afford to hire a new...

QUOTE (Millions @ Jun 26 2010, 11:27 PM) I was wondering what people think about the inner city condo market in Calgary. Not buying right now but I already have a condo in killarney from 2007. It`s still not worth quite what I owe right now but the Ctrain station will be about 600m away end of...

QUOTE (2ndstory @ Apr 19 2010, 09:03 AM) If you are prepared to fight CRA in the future, than go for it. If you don`t want to deal with CRA, don`t do it. You will have about 3 years before they come and ask for the money back. You could invest it during that time and buy some real estate. As...

Hi Alex, Please close the loop and share your decision to buy or not. Have you spoke to anyone else, Barry or Navaz? Found any informaiton on the internet?

I have done a fair bit of research on the internet trying to find any information on someone who has been scammed or audited or anything negative after investing their money and I have not found one person. I have however found many skeptics saying to avoid it, its a scam, you will be audited...

These scams only appeal to your greed. Think about it. You are making money off the CRA. This is a large faceless organization that created a business unit called something like Aggressive Tax strategies. You should know that a business unit has to make money in order to survive, so this...

I was in the Galapagos Islands this time last year. They are amazing, very difficult to get to and expensive. Not sure if this will be allowed. A friend and client of mine is associated with the President of Ecuador. There is a movement to shut down access to the islands which is supported by...