Im a Realtor in Edmonton AB. How is your lead-gen any different from the several companies per week who reach out to every Realtor they can find through social media? Do you pre-screen the leads, or sell contact lists from online "squeeze pages"? Do agents pay in advance and hope the leads work...

Contact Greg Bott with Real Property Management. www.rpmresults.ca 780-266-5585

I/many of my clients do assignments regularly; wholesalers can turn up some good deals. There are probably 1000+ books on the subject. I recommend Barry McGuire's Rapid Cash Program if you get the opportunity to attend one of his events. He has an online program as well...

$2000/month cashflow in Edmonton is unlikely unless you paid cash (minimal mortgage) and manage a rockstar of a short term rental. Lots of work to manage, but it might be possible. Otherwise a good investment could be to buy something like a 4plex (or suited duplex) with 20% down cashflow closer...

Good stat infographics! I've seen many of these (or similar) in the past, its nice to see a current collection on AB. Thanks for sharing

I know those as "cost plus improvements" mortgages. The pre-approval is usually based on reasonable quotes, but ultimately the amount added to your mortgage is the same as what your receipts show. They usually limit the repairs to a 6 month window which usually deters all the DIY guys...

In Edmonton EPCOR & Direct Energy are the 2 primary providers who service most of the city. There are many smaller/private providers who offer good rates, but their service may be lacking (or they default to EPCOR for any trouble-shooting.) I prefer to get the utilities in my name and flat fee...

As a Realtor in AB we are required to complete FINTRAC forms identifying the buyer or seller (depending who we are representing.) We are also required to complete a FINTRAC receipt of funds for any money (deposits) received. If the deposit is a bank draft, no issues. Major red flag if you are...

I agree with many of the comments written so far. Wholesaling sounds like an easy point of entry, but it really only works well when you know the market, how to analyze deals, and you have a network of active buyers looking for those kinds of deals. I work as a Realtor, and get many good leads...

There are a couple of ways to do this.... its a good idea to write into your offer the right to access the property prior to closing for the purpose of showing it to prospective tenants, managers & tradespeople. If you are buying their property, sellers should be happy to cooperate if you want...

Cherwan Manor? Tough area to manage, and with mostly bachelor/1 bed suites, you'll have high tenant turn-over and lower rents. Good if you're a local guy, and/or have a live-in property manager. Would be a tough one to just drop into a professional PM contact and make it work profitably.

Hi Dustin. I work as a Realtor in the Edmonton area and can help you out with some ideas around rough ARV. What neighborhood are you looking in? What size of property is it, and is that above or below average size for your chosen neighborhood & property style? Does it have a garage or not? Is...

To help answer your first question, I would suggest talking with a good local investor focused Realtor (better yet, talk to a few of them). Get a CMA done for the property as is; they can compare to what's available and whats actually selling in the area. It could also be valuable to talk with...

Likely should inspect; whether you need to or not will depend on the municipality. If your contractors are comfortable tackling the job on their own, let them. If they're uncertain and want the inspection, its probably worth having the inspection done. Since January in Edmonton, Asbestos...

I understand that you can buy an investment property with 5% down so long as its intended to be your primary residence for the foreseeable future. I know of many guys who bought their first doors that way, lived there a few years then moved on. If you dont plan to live there, its tough to find...

Interesting share Matt. I haven't heard of people using RRSP's for personal purchases (yet.) Im assuming this is for a primary residence only? The link only said towards the purchase or build of a home. If one can use registered funds towards a down payment for a rental/investment property -...

My understanding is that you cannot use registered funds for any type of personal property purchase. You can lend yours out (an "arms-length" mortgage), or you can borrow registered funds from somebody else. In a perfect scenario, you could lend yours to someone, and borrow theirs for your...

What city/province is the property located in? Are you in an area with non-recourse mortgages? Could you possibly dump it 'as-is' as a fixer-upper for another investor to work with? Have you considered selling it by Agreement for Sale or something creative like an RTO?

Buying near a university is often a low vacancy location, so that should work out well. For your personal/Edmonton property you could qualify as a first time buyer with as low as 5% down. High ratio mortgages dont typically cashflow, but in you could offset that by self-managing the property...

Sounds like a great deal for that buyer's agent, lol, to get you under contract for anything in that city/area. The terms of your buyer representation agreement should be negotiable. I will often sign agreements specific to a property (binds the buyer/agent for that one property only), or...