Lots of good responses on here already. I work with Re/Max Real Estate in Edmonton. If you sign a contract with any Realtor, you are essentially signing a contract with that Realtor's brokerage. If something happens to your Realtor, you are still a contracted client of the brokerage. For...

I second All Decor - contact Gina or Kjartan

I honestly don't find absorption rate or flow through rates all that helpful per se. I wish it was more helpful as its a simple calculation to do for Realtors or anyone with access to the MLS sales data. My opinion is that this metric is highly correlated with the old real estate adage...

Looking at the month of May (2018) stats for Edmonton & area, there was a total inventory of 9859 residential listings. In May there were 4136 new listings, and 1776 residential sales. The absorption rate for May was roughly 18% (1776 sales out of 9859 listings.) The average (all residential)...

Sell-through rates are also known as absorption rates. Its an easy metric that's indicative of market health in a given area. Monthly absorption rates for a city are useless - for example: one can say that there are currently 10,000 listings on MLS for a given city. Last month there were 1,000...

To legalize an in-law suite may or may not be easy - depends on how long the suite has been in existence and the quality of the work that has been done already. If it was a suite prior to 2007, its easier to "grandfather" as they will hold you accountable to the old safety codes. If the suite...

I'd suggest getting a real estate lawyer involved, and have a conversation with the lender to see how this transpired. Is there a clause anywhere in the original contract that says it will continue past the original term until other arrangements are made?

Regarding the best market in Canada for investing, it depends what product you invest in. Commercial, industrial, residential, land development, etc., and whether you are a long term investor versus short-term (quicker cash) investor. I can only really speak about residential.... I havent done...

In Edmonton, those maps are conveniently available to share with prospective investors and new buyers. As a Realtor, I certainly have searches setup for my preferred areas along the existing & new expansion LRT lines. I search by neighborhoods though, not just within 800m of an LRT station...

To get started now that you are a REIN member, attend a few meetings and learn the basics. What city/area are you in? The ACRE events are a wealth of information - many people hit the ground running after their first ACRE. I believe the next ACRE is in Edmonton in October. Being several months...

I'd guess one may have the city water shutoff, and the other could be a vent for an old plumbing system. If they are the same pipe in a straight line, they are likely for a clothesline.

From my perspective (I am a Realtor with RE/MAX), I would list with the agent whose business is most aligned with your properties. If they are suited houses or something that is clearly an investment product, definitely work with an investor focused Realtor. If you have something that's more...

Contact Chris Davies @ ReMax Commercial Capital; He specializes in apartments [email protected] or 780-905-7562

Thanks for the input Kim. Its interesting to hear how things operate in ON compared to her in AB. As a Realtor her in AB I too have seen some of these leases needing to be bought out or transferred with the sale of a property. Its far less common here (than ON), and most of what I have seen is...

This property is in Edmonton, and the company is Reliance. One of the HVAC & Mechanical guys that I used to deal with switched to Reliance about 6 months back and speaks highly of their lease program. I have only looked at their offerings for hot water systems. I know they offer furnaces, AC...

I am working on a building legal basement suite in Edmonton, and am fortunate to have some good tradesmen on my team. Discussing costs & potential savings with my HVAC & plumbing crews, they brought up the idea of leasing mechanical equipment (furnaces, hot water systems, etc.) instead of...

Nice work Caleb! You're working hard and your business is booming. Info like this is bound to get you some interested JV partners and investors.

Welcome Justin! If you aren't registered for it already, the Calgary ACRE weekend is March 16-18. My first ACRE weekend totally changed my perspective.

Contact Cole Romaniuk with Karen King & Associates. 403-614-6873 , or [email protected]

At this stage, if you can afford to hold the property without feeding it too much out of pocket, I'd suggest buckle up & sit tight for the long term. With mortgage paydown and property appreciation, time is on your side. If you are paying enough monthly out of pocket to keep this one afloat to...