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  1. mortgageman

    My recent experience as a potential tenant

    My wife and I wanted to move to a specific neighbourhood in Edmonton so our oldest son could go to the community school in September. So rather than looking to buy we decided it might make more sense to rent an executive home and preserve capital for rental downpayments. We have two little boys...
  2. mortgageman

    Credit bureau scoring info

    Hello! A REIN member emailed me last week asking if I could forward a pamphlet on the major components that go into determining credit scores. I`m sorry but I can`t find your email on my computer or my blackberry. Please email me again so I have your email address and I`d be happy to send it...
  3. mortgageman

    Shut down crackhouse and bawdy bus

    I have a happy success to announce that should go improve life on one street in the Montrose neighbourhood of Edmonton. Thanks to speedy and decisive action by the Edmonton Police Service, a nuisance in the neighbourhood is history. In mid-August I learned from one of my tenants that the...
  4. mortgageman

    Rate cuts on Variable Rate Mortgages

    Hi All, Good news for those of you with variable rate mortgages. The Bank of Canada has cut it`s key lending rate by .75 percent. A couple of banks have reduced their prime rates by half a percent. Others should follow in the next few hours or days. Enjoy your extra cash flow. However, you can...
  5. mortgageman

    Great lawnmower for yourself or tenants

    Last weekend I purchased from RONA what I think may be the best lawnmower going. It`s a Gardena 320. It`s a reel or cylinder (no motor) push mower but it`s not like those horrible heavy steel monsters that were the bane of my childhood chores. It`s incredibly light and smooth to use. My...
  6. mortgageman

    What need do you have for cleaning company and how much would you pay?

    A friend of mine is considering starting a cleaning company in Edmonton with rental properties being the target market. So I`m helping her by seeing what sort of demand there is for a service dedicated solely to cleaning recently vacated units. She`s trying to determine how many crews she could...
  7. mortgageman

    Two female students looking for an Edmonton apartment for January 1st.

    Hi All, A friend of mine has a daughter who is heading to the University of Alberta in Edmonton and hopes to rent a two-bedroom apartment with a friend starting in January. Ideally it will be near the university or at least an easy transit ride and rent will be between $900 and $1000. They don`t...
  8. mortgageman

    REIN is a classy organization

    I just wanted to say thank you for the unexpected surprise gift I received from Don, Russell, and the rest of the REIN crew today. They sent a very nice soap package and congratulations on the birth of our second son. My wife thought it was an incredibly sweet gesture and I think it`s fantastic...
  9. mortgageman

    Interesting globe article about RE investing and pro athletes

    http://www.theglobeandmail.com/servlet/sto...RealEstate/home
  10. mortgageman

    Feels great to leave money on the table

    I`m thrilled to report I rented my condo five days after putting it on the market, especially since my ads started Sept 28 and most potential tenants were looking for Nov 1 leases. What worked for me? I was dealing with people who were new to town and needed a place quickly. The interesting part...
  11. mortgageman

    Globe story on potential short term oil constraint.

    Here`s an interesting story from reportonbusiness.com Oil sands facing capacity squeeze NORVAL SCOTT Globe and Mail Update...
  12. mortgageman

    Luxury Homes

    The properties in this Globe and Mail story certainly won`t cashflow but thought this article was of interest. See Below. ROMA LUCIW Globe...
  13. mortgageman

    Closed: Rents in Edmonton`s Montrose neighbourhood

    Hi Everybody, I have a couple of houses in Montrose with a joint venture partner. We`re not sure if our rents are at full market for the type of property and neighbourhood and I was hoping to get a bit of feed back. Here`s what we`ve got. House number 1. It`s a 2 bedroom suite up , 1 bedroom...
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