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  1. M

    Starting an exercise program

    QUOTE (johnwaitecda @ Dec 15 2007, 07:05 AM) Tony: Thanks for the post. Nicky and I are very proud to have you as our son-in-law. It`s great to know how committed you are to your health and to your family. I will be calling you for advice. Love to Cathy and Olivia, and have a great day! John...
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    My offer was accepted! - question about validating property information

    QUOTE (investmart @ Dec 14 2007, 09:20 PM) Should I personally view original utility bills or just trust the summary of expenses shown in 1 page faxed to me by my real estatre agent? what is the norm? The reason I`m asking is my real estate agent told me she is not sure the executrix will be...
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    Words of wisdom investing in Lethbridge

    QUOTE (stringfb @ Dec 15 2007, 06:58 AM) Can anyone share some words of wisdom investing in Lethbridge.Is it a good place to invest in rental properties?I am seeing the three bedroom market as the best vehicle.What are the best areas in Lethbridge to purchase in or not to purchase in?Please add...
  4. M

    Helped Good Friend Purchase First Rental Property

    QUOTE (bonniemersereau @ Dec 14 2007, 01:32 PM) I invited one of my good friends to June Quickstart in Calgary. I am happy to say she is taking possession of her first property in December. Thanks to Don, Russell & team for the "bring a guest to Quickstart" option. Bonnie Hi Bonnie: Way to...
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    Real Estate savy Lawyer Accountant in Vancouver

    QUOTE (vandriani @ Dec 12 2007, 12:55 PM) Hi Everyone, I`m just in the middle of setting up my Real Estate power team. Do any of you here on the Wet Coast have any recommendations for Lawyers and Accountants that specialize in Real Estate? Thank You in advance Vince We use Randy Klarenbach at...
  6. M

    Tenants on Disability

    QUOTE (investmart @ Dec 13 2007, 10:36 AM) Hello, I was jost infored that all tenants in a multiplex I`m considering are on diability. Should I request more information regarding their disability or as long as they pay it is not my business why they are on disability as the process and law are...
  7. M

    Seller accepted my offer to purchase. Should I still avoid contacting the seller directly?

    QUOTE (investmart @ Dec 13 2007, 05:04 PM) I am represented by a real estate agent. Do you recommend that I avoid contacting the seller directly? Just a bunch of small questions I wouldn`t necessarily bother my real estate agent with, plus it reduces confusion/miscommuniction when you contact...
  8. M

    Importance of property status - Conforming Vs. non-conforming?

    QUOTE (investmart @ Dec 12 2007, 10:49 PM) Thank you Terri for the detailed summary of the topic. VERY HELPFUL! Cheers. Be aware, non conforming may also mean `unauthorised or illegal suite`! Generally, they are harder to finance and sometimes more difficult to resell.
  9. M

    Investors finder

    QUOTE (arnoneshel @ Dec 13 2007, 04:23 AM) Hello, Yesterday I had an important meeting with a person who has an investor who might be interested in investing in real estate with us. The person is interested in collaborating with us so he finds the investors and we find the property. If...
  10. M

    Rent collection

    All of our leases stipulate rent must be paid by EFT. No more cash to get `lost`, no more cheques to bounce.
  11. M

    Need advisor

    QUOTE (DonMaxwell @ Dec 10 2007, 09:51 PM) I am looking for an advisor with some land development experience to help put together an offer for a piece of land with rental housing on it, with immediate rent but all on one title. Hi Don: Send me an email with the details and I`ll see what we...
  12. M

    Potential Fraudulent tenants

    There are a couple of threads about similar frauds....try searching fraud. Great to see your red flags went up!
  13. M

    Providing my layer`s and banker`s contact information

    QUOTE (investmart @ Dec 10 2007, 07:57 AM) I`m a new investor. The real estate agent I`m working with offerred to contact my lawyer and banker for me for every transaction. Should I agree or is it actually important that I do communicate with them personally in order to build stronger...
  14. M

    Openning a business/Corporate bank account

    QUOTE (investmart @ Dec 10 2007, 08:01 AM) I would appreciate any tip regarding openning a new business account at the bank. For example, is there any bank better than the other (i.e. CIBC vs. Royal bank) or does it not really matter with whom you set it up as service and fees are kinda...
  15. M

    ideas ?

    QUOTE (konechny @ Dec 9 2007, 07:11 PM) I was looking for some suggestions for a property we are purchasing 10 min out town with a 4000 sq ft building on it. it has heat and a concrete floor.it isn`t the greatest looking building but sound enough. we had thought of storage with stalls and...
  16. M

    Two bedroom condo

    QUOTE (Rascal @ Dec 9 2007, 09:47 PM) We saw a terrific two-bedroom townhouse in a great SW Edmonton neighbourhood. It is perfect and has a finished basement with a room that could either be a 3rd large bedroom with a sitting room or a family room. There is also a half bath downstairs. We would...
  17. M

    A real estate agent introducing to another.. fees?

    QUOTE (investmart @ Dec 8 2007, 08:25 PM) A real estate agent I know in toronto introduced me to another one in Orillia from the same real estate company. Later, he asked me to sign an agreement mentioning that for any purcahse I make in orillia through the agent he intoroduced me to, he will...
  18. M

    Advice Requested for 1st Time Seller

    QUOTE (Georgeo @ Dec 8 2007, 10:30 AM) Hi: We`ve had an acreage property in Sturgeon County on the market for 2 months now that has had lots of viewing but minimal offers. We are now at the crossroads of either to rent it out, drop the price significantly to sell it, or leave it vacant until...
  19. M

    Property Mgmt Company in Red Deer

    QUOTE (Mystique @ Dec 8 2007, 01:30 PM) I currently use Prudential for some of my properties in Red Deer but I do have some issues with them? There are some other Rein members who also use this company as well they might want to add some comments. I`ve had issues with every management company...
  20. M

    cap rate

    Hi Terry, I`m not aware of any official postings...even if they were official, it would be such a moving targe (i.e. constantly changing) that it`s accuracy would be highly suspect....it is all market driven...my numbers come from my own participation and observations in the market and from...
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