Please allow me to throw a different perspective into the hat here. That of someone who`s level of sophistication is nowhere near Thomas or Godfried. Godfried you`d mentioned in your -"the path to becoming rich is already known"-these words: "When all is said and done, with investing you want...

Update: I`ve contacted my New Best Friend(heretofore referred to as NBF) over at the city. She has filled me in on a few of the details. They are on board: What I need is to have the letter "S" added to the back end of the zoning, which will allow a suite. NBF says they very much want to see...

I`ve renovated the place from scratch and on the one hand, if I provide them I know there isn`t going to be tin foil or the Rebel flag in the windows. On the other hand people may want to bring their own. Thoughts? Thanks Keith

Unfortunately the issue is that the kitchen itself must go, and not reappear under the current zoning, according to the city. I can`t put one back even to rent it to one family. If the rezoning process fails, my backup plan is to get a family in on a rent-to-own. It would have a total of 4...

Background: I found a foreclosure in Marlborough, NE Calgary at a decent price. It’s a 4 level split, 3 beds up, enough room to park 5 cars, plus a large heated double garage out back, and an illegal suite in the basement. The cash flow would be stellar with the suite, and barely acceptable...

Hello, I`m new to advertising on the internet for my places for rent. Already I`ve had a number of people who sound just a little too...sweet...asking questions via the net and asking for the address. I don`t give out the address until I`ve talked to them on the phone to determine they`re...

Here`s the opportunity I see here. Use the deck as a negotiating tool. Get a quote or two to build a deck (which can be done based on the square footage)and add the quote as an appendix to your offer, so the seller understands you are taking off the cost of a new deck. Then call the builder and...

Hi Mark, For the record, I am NOT NOT NOT an expert on RTO`s, but I have had reasonable success with something I learned from Ron Legrand. It goes something like this. I`m kinda paraphrasing what he said: Ron asks: How much do you think you could put down per month on the lease option portion...

My brother and I found an interesting situation in the Calgary area lately regarding foreclosures. It`s not so much that the banks won`t take below asking, it`s that they don`t have to. We`re interested in handyman specials and have gone after three lately. Of the three, one went for 10,000...

QUOTE (BrianPersaud @ Mar 1 2010, 05:57 PM) I know some that are keeping it as cash, otherwise their properties would not cashflow with the down payments they put on the property. I agree with this, and certainly want to keep it as cash flow. If I have to put it in trust there really isn`t an...

I second that request for CMHC information as it pertains to RTO`s. I honestly hadn`t heard that they want it kept in trust. Interesting. Thanks Keith

Hey folks, The title pretty much says it all. I`m looking for the builder you would have build your OWN house, or your dear sweet mother`s house... Thanks in advance. Keith

WARNING!!!! I have received new information that this whole thing may be next to useless. My understanding, as well as those I`ve talked to, was that this is to be a tax rebate, meaning, we spend our 10K, and we get back $1350 at tax time. Apparently not so. My sister in law is a partner in...

Thanks all, The most comprehensive information I was able to find, from one of the above links, was here: http://www.budget.gc.ca/2009/pamphlet-depl...pliant3-eng.asp Cheers Keith

Hello, I`m wanting to be able to offer help to my clients regarding the tax rebate on renovations, as a marketing tool for my renovation business. I`ve done a Google search, and been to a government of Canada website. Unfortunately, I`ve been unable to find the skinny on it. I want to make sure...

How much does it cost? It doesn`t matter, whatever it is, do it! Every single time! whatever the cost it`s nothing compared to the horrendous consequenses of non working, battery operated smoke detectors, in human life, as we`ve seen, as well as the financial cost to all involved(legal fees...

Hello, I have a house in a small town south of Red Deer, Alberta, with great tenants. However, I bought the place before I joined REIN, and it`s not a cash flow property. The tenants are very interested in buying via lease to own, and I`m interested in selling, to move on to some cash flowing...

I think you should win the prize for the greatest question asked on this website. Go visit her at her current place. If it smells like cat urine, then there`s a problem. If not, the thing is probably litter box trained. One other thought. The cat, unless it`s got a gig in the next Garfield...

Man, just THINK of the OPPORTUNITIES abound right now, and in the years to come! Hoooooooeeeeee!!!!! And now for something COMPLETELY apocolyptic. This is very interesting. I don`t know what sort of credence to give this sort of `prophecy,` but it`s entertaining, none the less. Listen to parts...

From listening to reports, and talking to friends in the industry, I think it`s all about the royalty thing. Sorry if I`m light on details here, but on CBC radio the other day they were talking to an oil industry guy, from Calgary I believe. He said we`ve lost over 160 rigs in the last XXX...