QUOTE (jeffjas @ Nov 24 2009, 08:03 PM) Thomas, would you reveal where in Alberta you are particularly finding good value ? Is it outside of Edm ? I am extremely interested in investing in Edm, but I find $100K/door still over-valued. I know you have an acquisition team behind to find these...

QUOTE (invst4profit @ Nov 20 2009, 09:14 AM) <br />Personally I have too many tenants to give gifts. Luckily for me though none have complained yet.<br /><br /><br /><br /> How many is too many?

QUOTE (seeu22 @ Nov 22 2009, 11:07 PM) Hey Guys and Gals, I am in the market for some more property. Just looking around and wondering what everyone is finding out there for numbers. Doesn`t seem to be a lot of cash flow out there and the markets seem to have stabalized. Post you numbers on...

QUOTE (CDM @ Nov 23 2009, 03:56 PM) Hi, I have been absorbing all the information of this site for the last while now; thanks to many of your posts and me doing allot of book reading/research I am finally ready to make my first offer!- If anyone could review my deal to make sure I have all my...

QUOTE (ThomasBeyer @ Nov 23 2009, 04:29 PM) you sign a "mutual indemnity" agreement with him. It means that if you default on the mortgage, and the bank comes to him for $s, he can turn around and has reason to collect from you. Any lawyer could write this up for $500 to $1500 ... Next time the...

Hello I have come to a verbal agreement to buy out my partner on a property of many years. He wants to sell. I do not. We have agreed that I can purchase his interest in the property for $20,000 cash. That is the easy part. We are both listed on the mortgage as well as a line of credit...

QUOTE (kanabel @ Nov 21 2009, 11:15 AM) Hi Mark, As Thomas mentioned UBC`s Sauder School of Business and Lakeland College in Vermilion, AB, offer 2 year diploma program. However, I am unsure how much more time you need to get certified and/or whether you need certification (designation), in...

QUOTE (kboughen @ Nov 7 2009, 08:55 AM) In my experience with using R2O credits as down payments, the Lenders want to see the following; The authorized R2O agreement confirming the details of the R20 agreement including upfront credits, monthly credits, commencement date, completion date...

Hi I have a friend that is interested in becoming an appraiser. Does anyone have any suggestions on what her first steps would be? She has already contacted the existing ones in Medicine Hat and they don`t have any interest in taking on someone new. Does she need to work under someone or can...

QUOTE (WadeFenner @ Nov 18 2009, 04:45 PM) Hi Mark, Speak with Garth Chapman regarding this but expect to use him for it. His specialty is tough files (ask me how I know this) he likes a good challenge. His contact info is: [email protected] (403) 891-2204Yes thats the idea. Do...

QUOTE (WadeFenner @ Nov 18 2009, 04:45 PM) Hi Mark, Speak with Garth Chapman regarding this but expect to use him for it. His specialty is tough files (ask me how I know this) he likes a good challenge. His contact info is: [email protected] (403) 891-2204Yes thats the idea. Do...

QUOTE (WadeFenner @ Nov 18 2009, 02:48 PM) Hi Mark,My approach is a little different. Please see the following methodology as one of many you can slice your pie any way you want to.Having bought, sold, renovated, lease-optioned, and kept (or whatever) well over 100 houses I have grown weary of...

QUOTE (markl @ Nov 18 2009, 03:41 AM) We are using 5% - 6% appreciation fixed per year right now. How we pitch it is these are historical averages and these price increases do not take into effect any equity you add to the property therefore this gives you an opportunity to buy for less than...

Hello I am interested in using some of the Quick Turn real estate methods as more of an exit strategy for some of the units that I have already owned for a number of years. I have been looking at some information in regards to establishing price but it is vague in its methodology. I was curious...

QUOTE (housingrental @ Oct 27 2009, 09:22 PM) Isn`t this not grey area just outright fraud ? And to be avoided? Isn`t the only thing unsure about it is whether or not your caught? Yes...this is definitely to be avoided!! No question!! But....the beauty of a forum is this is where you can...

QUOTE (MitchCollins @ Oct 27 2009, 04:26 PM) This is definately something you need to be careful about - but here is an option for doing this. Decide what the cash back is to be on the purchase - say the buyer needs $10,000 down payment at closing. Then negotiate with the buyer what the...

QUOTE (MitchCollins @ Oct 27 2009, 04:26 PM) This is definately something you need to be careful about - but here is an option for doing this. Decide what the cash back is to be on the purchase - say the buyer needs $10,000 down payment at closing. Then negotiate with the buyer what the...

QUOTE (tbarcier @ Oct 27 2009, 09:19 AM) I understand what you are saying, I wasn`t trying to focus on "who" rather more on the wording they are using in the description. It seem there is alot of confusion over this, just trying to get clairification. I fully agree. I would love to get some...

QUOTE (tbarcier @ Oct 27 2009, 05:50 AM) Mark, can you give an example of the RTO sites that are offering a "top up"? I have yet to see one and I would like to see the wording. I have seen the interest free loans offered however. You have now peaked my curiosity especially since CMHC states the...

QUOTE (JDRInvestments @ Oct 26 2009, 09:24 PM) Hi Mark, what this 200-400 "we have put aside" for you actually means is...that the tenant has paid that extra money ON TOP OF the regular market rent. The vendor is just holding it to apply back to the sale at the end of the deal. In essence, this...