I have a lake lot at Turtle Lake, Saskatchewan that I want develop and eventually rent out. From what I understand it`s difficult to gain a positive cashflow from property that is rented out on weekly basis and still have a longterm positive cashflow. Has anyone had experience in developing a...

Last year I purchased a piece of recreational property, with the intent to build a cabin on it over the course of the next few years. My priorities have now shifted to other sources of investing, and I am researching the option of selling the recreational property. I called CRA and received...

Is there room to build spec houses in Saskatoon, then flip? I know so many people who did in Edmonton and Calgary and were laughing all the way to the bank, I never had the courage to do so. Now a few of them are crapping themselves with the slow down. Thanks, Mike

Great Advice!! Thanks. Mike QUOTE (thomasbeyer2000 @ Jan 16 2008, 02:20 PM) Seasonal vacation properties are PURE SPECULATION. You speculate that the real estate value will go up while you hold, usually with huge negative cash-flow. The properties are rented perhaps 10-25% of the time, and if...

Thanks for the insight. The other concern I have is the Seasonal Activity, Revelstoke isn`t a "Four Season Destination".....yet. As far as travel is concerned, what about Kelowna Airport, or is it just to far? On the side: In Cranbrook, is there any word on a major airport being built? I...

New here to the Forum and just finished reading Don`s book "Real Estate Investing in Canada". My "Personal Belize" includes resort properties, more specifically properties in Revelstoke. I would like to own one or two properties to rent and from time to time use them for personnal use. I...