Hi there, First of all before I begin, I just want to say this is just my personal opinion and one should not take this as fact. I think Darren Weeks is a man of questionable integrity and people who listen to his investment advice often lose money. I have gone to several of his events purely...

Hi Jack, I agree with you on the fact that holding real estate in Alberta is not a great thing to do and that things are going to get bad before they get better. I even had discussion with REIN members a year ago...

I do not sign exclusivity contracts. Those contracts can become a massive roadblock if the realtor does not do his job. What if he doesn`t do his job? What if you find a great property but can`t buy it without having to pay him? This has happened to me. In addition, if you sign it, then doing...

Good question Brett, Yeah its hard to know what to do. It`s hard to know where to invest. I now aim for cashflow in the less stellar areas because at least I can sleep well at night. Best wishes and good luck to everyone!

Good point Brett. Regarding the three cities above Calgary`s affordability: Vancouver - It is the second highest overpriced city in North America according to Merryl Lynch. I also think it has the potential for a big price correction in the next 3-4 years. Toronto - Yes it may be more...

RedLine Brett, Yes Alberta has future growth. Prices have increased dramatically because of speculation of this long term growth. Everyone has been investing in Alberta for the future gains so I believe the housing prices has the future growth already priced in. If you have taken a finance...

RE/MAX Housing Market Outlook 2008 They forecast that there will be 0% growth for residential average prices in Calgary for 2008. Realtors are the cheerleaders of real estate. If realtors are bearish on Calgary that is not a good sign. http://tinyurl.com/2ot9y8 I just think that you should...

Don,I have a lot of friends in REIN and they become very defensive when they hear my opinion and get quite upset. So I simply stop talking about it. I don`t list my identity because people tend to shoot the messenger. Changing the mortgage amortization from 25 to 35 years does not change...

Be careful if it is deemed to be a partnership. In a partnership, you are fully liable for all the actions of the other partners. If they make a bad business decision in the name of the partnership without your knowledge, then the banks can still come for your personal assets. I for one...

Contrarian`s View on Calgary & Edmonton Real EstateI am a professional real estate investor and since several months ago I no longer hold any Alberta real estate in my portfolio. Alberta has been real estate investors` dream come true in the past few years however I do not believe real estate...