Hi Luong98, Can you explain the general methodology used for doing a 4,5,6 plex to estimate value? No need to explain the usage of cap rates. I`m interesting in the work and steps needed to estimate value if the house is new or if the house is old. Then explain how an assessor would assess...

Just a side comment: It must takes a lot of guts to have a 10 unit rooming house in Macauley and the landlord/Property manager resides in Calgary. This should be a chapter in itself. I wish I can learn more from this Calgary couple. Thanks,

HI, In my case, I simply renew by the phone. It was done and over with in 5 minutes. No appraisal needed...but if you go somewhere else, they might do an appraisal. I renewed many times with different lenders, and each time it was painless...and they don`t question equity. Having said that, I...

If my wife wanted a home, then I would get a home. Then if a few years, you can always refinance the property to get this money out to purchase an investment. This is assuming the market picks up and estimated value of your own home is more than what you paid. However, you might have to wait a...

Hi, I just did a renewal with one rental from TD. They usually send you a renewal notice with several options. Usually they are pretty competitive. It might not be better to switch to another bank due to fees incurred while trying to get a new loan from a different bank. Plus you have to go...

If it`s nice house...maybe rent to own? I did this last year, and had an appraisal first before deciding on what to do . Kir.

Are there any REIN members belonging to any of the CCIM chapters?

QUOTE (thomasbeyer2000 @ Jul 29 2009, 10:18 PM) indeed ! Also, keep in mind that most real estate investments today are not as sexy as they used to be 3 or 5 years ago .. so some caution is advised ! With the recent blow-up of syndicated real estate, primarily in commercial or...

HI Richard, Thanks for the info. -I find the taxes rather high in the Halifax region (Tax rate is Almost double than in places like Edmonton). Example, the tax for a 200,000 property would be 4000 dollars compare to 2000 in Alberta (roughly speaking). Generally taxation is higher in the...

Hi: Besides rock concerts, what are the fundamentals that make Halifax and surrounding areas so good? I`m interested, despite not living there, Please expand your assessment. Thanks: Kir.

Thanks, I`m located in Edmonton. Terri, what is the name of your window installer? I`m still seeking bids from numerous installers. The purpose of the post was to see what is a reasonable price for windows. I can install inserts, but capping is not something I want to do. Some windows...

I have a billevel in NE with a suite and it is zoned for it. We have a family there , plus 200 dollars from the garage renter. If you renovate it (basement), grants are possible from the city of Edmonton. However, you have to rent it at 15% below market for 5 years, if you accept grant...

Hi, I prepared a few window estimates for my bilevel. For 7 windows (with one huge living room window), exterior capping on all windows, the price was a little less then 4000 bucks. It`s not too bad! I would like to do the exterior capping, which is something I can`t do. But doing window...

QUOTE (thomasbeyer2000 @ Feb 12 2009, 10:14 AM) a pro-longed bottom this year and next .. then inflationary 6% or so .. possibly more depending on interest rates and monetary stimulus i.e. devaluation of money (i.e. appreciation of HARD ASSETS) more here: (REIN members only due to...

HI, I`m in Edmonton; but I have a 4 plex near Halifax. Most of my properties are in Alberta however. Kir,

HI,As an real estate investor, I assume we must be somewhat visionary. We don`t invest for no reason. So in general, if you are about to buy something or have recently purchased something, what gains would you expect in the next 3 to 4 years? There can only be 2 choices: 1) You want cashflow...

For commercial ventures, more cashflow is better because of bank will use the income approach for refinancing. Hence, equity is secondary. Also, it`s better if you live there and manage it, which might not be your intentions. Kir. QUOTE (alexh @ Feb 3 2009, 11:10 PM) I have this money, and...

Hi, I have been wondering if the TFSA can be used for real estate investements as well. I have brought into land syndicates before and have been issued the corresponding shares. If your company suggest you can register real estate investments, via bonds, and have them registered under a TFSA, I...

Hi, I have taken a few of the courses a UBC. There`s lots of opportunities within those block of courses. I was interested in appraisal, commercial developments and real estate analysis, in general. The subject matter is interesting but will require a good 10 hours a week and may cut into...

Hi , I have two rental porfolios that have tenants who actually get 100% subsidies from some Alberta Social services (not sure what the exact names are) and one other from a first nations program. Do any of you have any bad experiences with such subsidy programs. I see it as good and bad. It...