I receive all of the above from Braden Equities.

The answer is it depends. What type of income property are you contemplating? Returns differ greatly on what you buy and where. Are you buying a condo, house, duplex, apartment, commercial property? Keep in mind your 'projected' cash on cash return almost never matches reality. For the most part...

Down payment plus all associated closing costs divided by annual pay down is a rough estimate to calculate the percent return on principal pay down, which is in fact the only 'real' portion of your return you can calculate. Cash flow and hypothetical appreciation are components, however far...

Avoid Kelowna at all costs, massive overbuilding and prices already coming down fast in the past month or so.. Alberta is the best right now, Edmonton, maybe Saskatchewan in a year or so as not quite at the bottom yet. Best though is to buy something close to where you live for a 10+ year hold...

Well certainly you can also cut your own hair, change your own oil, or any other list of tasks one can delegate but who really has the appetite to market, advertise, show, negotiate the sale of your home? Good realtors will still do okay, especially in the commercial sector so I don't see a lot...

To me this is the riskiest type of real estate investing there is. Yes you could turn 20K into 150 if your early in the cycle but could also turn into -150 especially in incredibly heated markets like Kelowna. The other thing I don't like is your buying a product that you can't even see. I would...

Like an insurance claim, expect this to take some time and try to be patient. If you have all the paperwork and are well organized it should go fairly smoothly. I would approach a second or third roofing company for an estimate of repair, so you know the true value to fix vs. what the roofing...

Welcome to landlording. The lease only really protects the tenant from rent increases, something non existent in Alberta in the past 4 years. It is almost non enforceable if they break their lease and leave, and is not worth your time and effort. The RTDRS is also a complete joke set up for...

To find a decent project expect to comb over 100 listings, visit a dozen properties, make a handful of offers for every purchase. There are three categories of building you can buy: Value add - 20% or more below market value but needing a lot of work. Can do very well in a short term time...

Buy the present not the future. Apartments will keep going up, especially smaller ones as folks make the first jump to multi family where vendors are just waiting for over zealous first time, unsophisticated buyers. Don't fall into this trap as so many have.

Yes you certainly can, but as a rookie why would you? Learn to swim in your backyard pool before attempting the ocean. When you are starting out your chances of failure increase dramatically the further away your asset is.

I am strictly an inter-provincial investor in two markets and it is one too many. The only property I own in BC (and plan to own) is the house in which I live. One of the WORST, and most expensive mistakes a rookie can make is investing far from home.

Seriously man? How many newbies have you seen who bought their first home for 5% down and held for 5 years or longer and lost money?.. How many newbies have lost money investing with so called "experts" in real estate and land deals loaded with upfront and ongoing fees, second mortgages...

The main reason why do it yourself beats investing in a 'suit' as you say, is you aren't charged the heavy and ridiculous fees charged regardless of performance, not to mention all of the shady dealings, bankruptcies, and ventures that go sour trusting your hard earned money to a 'professional'...

Very good situation to be starting from, and many options for you but some great advice out there especially on being conservative and educating yourself extensively. You always want to consider your highest and best use of the capital you have available. Assuming you have 1.4M at your...

In my experience almost all markets I have seen have been cyclical, and nearly always follow the seasons spring, summer, fall, and winter. There are locations however, that are in eternal real estate winter, which would be the only linear example I would use. Timing markets to buy in is tricky...

This is unusual and can be expensive and complex and your likely far better off with one of you owning the property outright and taking out the other via refinance. The simplest solution of course is to sell said property, split the gains and move on. For example you need to know value at...

That's nice but would you buy a condo there ?

My advice would be to purchase your first property as soon as you can and with any means necessary to start building equity, that you can quickly springboard into other properties. I started with a single with a basement suite in 2000 when I was 26 years old, with 5% down. I was fortunate at...

What province is this in? By needing major renovations I assume that all three are not performing as they should? It could be tricky to term them all out right away.