The reason we have this clause in the schedule is mostly aimed at what we call 'low equity/no equity AFS'. In fact, in most of the AFS deals we see, the seller has very little equity. With no equity, the seller has little motivation to be ready, willing and available to sign transfer...

We're getting very excited about our third Rapid Cash Program, kicking off September 25-27, in beautiful British Columbia. One question I get all the time is, "Barry, I'm from Ontario/Alberta/Saskatchewan. Is your BC program only for BC? Or does it apply in other provinces?" The answer is...

I read this thread with great interest. Comments as follows: 1. I agree that AFS is not suitable for land development deals and all my experience comes on the residential or commercial side. 2. It is a less known and more complicated strategy so we do not recommend it for any new investors. We...

Hi folks, from my point of view the threads here on myreinspace.com discussing joint ventures (JVs) are not only very interesting but extremely topical. One particular thread started out with the question, `Has anyone had any challenges justifying the additional $1,500-2,500 expense of creating...

Great column by Robert Noce, QC, in Edmonton Journal on Saturday, May 11. All about condos... All about 'THE BASICS' of condo ownership. Read, and read twice! There is a question from someone who bought a condominiumized semi-detached property (duplex). Two years later, they discover...

Well, it's ACRE weekend and Russell Westcott and I have cooked up a great diligence presentation. Here's why diligence is important. A member is looking at a condo and had the condominium documents reviewed. That review revealed that NEITHER the management company nor the condominium...

Apartment buildings converted into strata/condominium titles provide fertile ground for litigation. Complaints often revolve around misrepresentation often with respect to the state of repair or reserve funds. Individuals often find it difficult to sue for many reasons. The recent BC Court...

`If it seems too good to be true`` is the title of a column by tax expert Jamie Golombek. Jamie's column is yet another reminder to all of us that the Canada Revenue Agency (CRA) is death on questionable charitable tax shelters. Essentially, if a tax shelter promoter says you will get a tax...

Hey folks, we've just done a great new supplement to our Home Study Kit. If you've attended our Deal-Ready Documents Focus Workshop, or purchased our Home Study Kit, please stop by our booth at the ACRE event this weekend. We've got an add-on that includes 3 different Lease-Options used...