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  1. R

    Experienced mortgage broker for refinance

    Thank you! I appreciate the contact!
  2. R

    Experienced mortgage broker for refinance

    Hello! Does anyone know of a mortgage broker experienced in working with real estate investors. My husband and I would like to refinance a property that we recently purchased and significantly renovated, and has two added suites. There is sufficient equity in the property for a refinance, the...
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    Edmonton Public Engagement for Suites in Semi-Detached Homes and High Rise Apartment Zoning

    sorry, accidentally posted this under the wrong title; I've changed it now
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    Edmonton Public Engagement for Suites in Semi-Detached Homes and High Rise Apartment Zoning

    Hello! Just to inform those who may be interested, the city of Edmonton is holding a number of public engagement events this month (November) and early December. One of the topics of interest will be zoning bylaw projects, namely legalizing suites in semi-detached homes as well as high rise...
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    Edmonton Public Engagement for Suites in Semi-Detached Homes and High Rise Apartment Zoning

    Hello! Just to inform those who may be interested, the city of Edmonton is holding a number of public engagement events this month (November) and early December. One of the topics of interest will be zoning bylaw projects, namely legalizing suites in semi-detached homes as well as high rise...
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    Suggestions how to structure deal with potential seller

    He just said he would like to sell the properties in the property management company which basically just consist of two residential properties in which himself, his wife, and children all have shares. He is following the advice of one of his kids who told him it would be better for tax saving...
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    Suggestions how to structure deal with potential seller

    You can also buy well below market value but agree to pay him a high interest on his VTB mortgage so that lowers taxes initially quite a bit and then defers his taxes annually. Or agree to pay him a management fee for 5-10 years in exchange for lower price. Many creative options available...
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    Suggestions how to structure deal with potential seller

    So here's the update... Good news is that the seller is very flexible on financing the deal (he doesn't have any mortgages) Bad news is the asking price is way too high IMO and way over ($167,000 over for one of the properties) the city assessed values (which I know is not necessarily market...
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    100+ Rental Units & Counting!

    Well Done and Congratulations! Great reminder, to just keep going!
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    Suggestions how to structure deal with potential seller

    This is why I love this forum - you guys have been so helpful, thank you very much! We will try to contact the gentleman this week once he is back from his travels and build more rapport with him as well as find out more info about the corp. My impression is that the pm company is merely for...
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    Suggestions how to structure deal with potential seller

    Greetings! My husband and I were recently driving around and came across a property, though not listed for sale, appealed to us as it fits within our strategy and niche. As we pulled around from the back alley to the front of the house we saw an elderly man tending to the yard which we presumed...
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    In need of Edmonton carpenter/handyman

    Thank you, I will. What kind of work do you do and how may I contact you if I need some work done?
  13. R

    In need of Edmonton carpenter/handyman

    Please do, that would be appreciated. Thank you!
  14. R

    In need of Edmonton carpenter/handyman

    Hi Kieth, sorry, I didn't receive any notifications for this post in my email. I was just looking to have an exterior man door to a garage replaced as well as a fence replaced. I was able to find someone to help me out but am still in need of a reliable handyman to have on my team for future work.
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    In need of Edmonton carpenter/handyman

    Hello, does anyone have any highly recommended carpenters and/or handymen in the Edmonton area? Kindly appreciated:)
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    Edmonton to potentially/hopefully legalize suites in side-by-side duplexes

    I believe the issue is partly a matter of safety since there are already so many suited duplexes that are being rented out and thus having the bylaw amended to enable legality will help ensure that they meet the proper regulations/codes. Also, as long as the suites meet the requirements it will...
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    Edmonton to potentially/hopefully legalize suites in side-by-side duplexes

    Hi Everyone! In the event you may be interested, the city of Edmonton currently does not permit legal basement suites in duplexes, HOWEVER, it looks like that may be changing as city councillors review amendments to the current bylaw which will legalize such suites. This month (June 2017) the...
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    several single family, mid-large apartments, or small apartments... which is more ideal?

    Thanks, for your reply! The only challenge with purchasing anything under six units is that it would be considered residential and our personal debt to income ratio would be considered which is about maxed out
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    several single family, mid-large apartments, or small apartments... which is more ideal?

    Hello All, It seems my husband and I are quickly approaching a transition stage or at least a crossroads or juncture where we need to decide the next direction we should take in our real estate investing. We have been purchasing suited single family/duplex properties with our own money...
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    How to get into apartment building deals in Edmonton

    Great information in the links. Thank you!
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