Recent content by therenoguy

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    Looking for someone to create a business plan (not a JV situation)

    Hello. Mods if this belongs in another section please feel free to move it. We have owned a double lot in a somewhat less than stellar central Alberta town for a long time and are finally looking to do something with it. I'm looking to hire someone who has knowledge and experience to: -...
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    Future of Alberta

    Caveat: I'm always wrong about predictions, and the following are my opinions, crafted after careful consultation with the voices in my head. Keystone was never going to move a drop of oil. The former POTUS approved it to kill all political/economic will in Canada for a pipe of any consequence...
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    My experience with a domestic violence certificate

    The lease was in her name. He is Long gone -apparently came back one day to perpetrate an “incident.” I maybe could have figured out a way to evict, but we would have gained little, and it would have just put more stress on her., so what’s the point? She left the place immaculate, other than...
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    My experience with a domestic violence certificate

    Hi All, I manage 150 units. One of my tenants hit me with a domestic violence certificate. She is using her deposit for last month's rent. Like all my owners, this couple has a mortgage, and are far from millionaires. Now they are being saddled with the costs of utilities(she stopped paying...
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    Legal grow op-landlord insurance canceled-no legal recourse

    I suspect that because a landlord can't evict a tenant for a legal grow op, we all might need to put a clause in our leases stating that growing weed, whether legal or not, is an automatic breach. Interested in what some of the more experienced people think...
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    Seeking professional to develop commercial property in Alberta.

    Not looking for free advice here. We are looking for paid expertise, which may include a joint venture and/or someone in a consulting role. We own 22 acres - free and clear through a corporation - a few km north of Camrose, on a hiway, across from the auction, near the airport. We are...
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    seeking advice in small claims case

    Thanks for your opinions, both of you. I wasn't aware that the court people would help walk you through it. Thanks for the law society link. I will check them out regardless of which way I go. Cheers Keith.
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    seeking advice in small claims case

    Hello, I hope this is an appropriate place for me to post this. If anyone knows a reasonably priced civil lawyer in Calgary that would be great(I only know real estate lawyers) A Calgary home buyer is suing the seller, his own lawyer and realtor, and the seller's lawyer and realtor, over a...
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    A possible future for oil.

    As I understand it, the only way to send oil from 90 to 30 in a few months is to flood the market with the stuff. And the only people who have the resources to flood the market with enough product to cause that drastic a change is OPEC. So in this instance: yes.
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    A possible future for oil.

    I recently had lunch with a friend who's a 25 year oil man. In spring 2016 he lost his small oil company. Even though it's all he knows, he has walked away from O and G. I asked, "what is REALLY the motivation behind OPEC keeping prices low?" The following is not his exact wording, but the...
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    Town house or detached home for investing?

    Again. Point taken. Nobody ever got wealthy by doing a roof or a hot water tank io their own property. There is power in leverage, and DIY and leverage are mutually exclusive. I understand that. But that's a separate issue, and a separate topic. In the context of the comparison between a me...
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    Town house or detached home for investing?

    I do have a job, as does my wife. I look at the overall investment, so I'm considering uptick in price(we have already done a re-fi) as well as cash flow. I never look at one in isolation.
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    Town house or detached home for investing?

    Again, looking after maintenance is not a problem for me like it is for many. So the opportunity loss is slight, if any. And if SFH is a better overall investment, I'm happy do do a roof or replace a hot water tank every decade or so.
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    Town house or detached home for investing?

    Thanks Thomas. I know you've done it all, so your words have weight. I currently self manage anyway, and I can do my own upkeep, and I'm happy to do so, so simplicity isn't my number one concern.
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    Town house or detached home for investing?

    Thanks. Point taken.
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