The furnished rental (Super Suite) market, if done correctly and carefully, can be a master stroke to the positive cash flow you create. However, it must be done correctly. Great reading this experience. Thank you for sharing it.

I have personally witnessed the amazing results that this program has had on REIN Members who have graduated from it and used the included coaching. My only comment is "Wow".... a definite under promise and over-deliver.

Slow and steady. Tough for many to follow, given the "Instant Result" society we have created. But those of us who live by the Slow and Steady lifestyle truly do create lifetime results. Thanks for sharing this one!

This is going to be fun. I am looking forward to seeing who wins the "One-on-One" contest! Those conversations get deep, very quickly! What a great promotion.

Thank you... it is sad to see the shift towards victimhood. I am noticing a grave increase in people 'looking to be offended' by the smallest thing... which they then turn into a major issue in their life. Almost with the hope of "See I Told You!" (which then gives them an excuse not to perform...

If You Want To Be a True Strategic Investor, you MUST Not Get Distracted The Way Everyone Else Does. The more I watch people get all hot and bothered by the latest "headline," I find myself shaking my head (and sometimes my fist) increasingly more often our of pure frustration. Although some...

Hense the reason that the proposed by-law carefully chose appropriate neirghbourhoods AND clearly laid out the requirements for safety, parking, egress/access et al. Yet, still, no go.

Congratulations. It is stories and experiences such as this that make it clear that with the correct 'reality-based' continual education we all as investors can become transaction engineers. Building both a long-term portfolio as well as quicker-turn properties. As economies shift, the...

In what can only be interpreted as a "political" play, Calgary City Council has once again voted down a bylaw that would have allowed safe an secure secondary suites in select neighbourhoods in the city. This is starting to be embarrassing for the City as a whole. Leaders who are afraid to...

This large demographic wave will begin hitting the rental market in 2016 and will turn into a tsunami-force by 2021. Sadly MANY investors will get washed-over and damaged by the wave because they didn't adapt. Adaptation is critical in any business, (look at Blockbuster vs NetFlix). Get to...

Thanks for sharing the whole story. It is through this type of sharing that everyone can improve their outlook, their perspective and of course their investment strategies.

The leadership you showed in this situation (without judging him or discouraging him) probably saved him a lot of heartache. Sharing knowledge and info is critical. Well done Gary!

My belief is that you are "in Business" immediately upon buying your first rental property. You have revenues (rents), expense, Customers (renters), regulations (City and provincial bylaws), taxes and financing (mortgaging). Each of these items needs to be managed in detail. Choices made...

Sounds like you are beginning your journey outside of your local region. So it would make great sense for you to ensure you are digging deep on the research. For instance get a copy of the REIN Research team's Transportation analysis for the KWC region (...

Sadly, too many people jump into a Joint Venture without ensuring that the two parties have CLEAR and DEFINABLE roles and expectations. Thanks Russell for starting this conversation! Don

I also have seen good luck with www.rentboard.ca and Members do get special deals. D

This article is written by a 20+ Year REIN Veteran who has been a part of hundreds (yes hundreds) of transactions. I learn something from him every time we meet. So pay close attention to these 5 Mistakes! Learn from them...

This is such an important post that Anna has put here that I bet most people won't take the time to read it. Yup, it is true (and sad). However, if it was titled: "How to find Hidden Money and Opportunity by learning how to read the way a pro does" most people would at least look at it. So...

Since 1985 I have paid on my mortgages a wide range of interest rates. From 16.25% to Prime minus 0.9% (and just about everything in between). Today's low interest rates are at record lows and will frankly stay low for a fairly long time given the flight to safety (bonds) and the need for...

This will prove top be an 'affordability' story in the long run. Ground oriented units (those with yards) will still be in high demand and that is where we will see the strongest upside in values over the coming decade. And be cautious, those studio or micro suites may look affordable and...