The short answer is yes to both, currently.

Transactions are way down in Calgary, so many are hurting bigtime. Going to get worse too, with all kinds of people looking for ways to supplement their income and deciding to get their licenses to sell. If you are going to use an agent (and you should, unless you are an expert, and even then...

You want Randy Bett. He is exceptional and has seen it all! Send me a message and I will give you his contact info

Never too early for the media

Rickson... you have mellowed ( a little anyway ;) ) since I last traded posts with you. Nice to see you still around. I hope you are well.

Most acknowledge that the NDP didn't win, they were elected by accident when the PCs were voted out. If the market is poor for many years Albertans will be clamoring for jobs and will revert back to their traditional right wing voting tendencies, and will quickly enact legislation to undo...

Hard words to read and take in from someone as experienced as yourself. But we are decidedly on the mat after a one-two punch losing two conservative governments in 2015 and enduring an oil price war. Are we going to stand up or get counted out? These market conditions will create opportunity...

Calgary housing subcontracted their leasing to a local PM firm. But it is tough out there for landlords.

Great assessment and this has been my experience as well. The city is moving ahead with several projects... Green Line, Arena etc. Great fundamentals in single family / small multis in these areas. There are also tonnes of vacancies in office buildings and the owners won't stand for it...

Hey Phil - so you are buying the property but they have to like it? I likely have someone who can help, but in my experience RTO deals have several moving parts... feel free to reach out if you are still looking.

Do your own homework to see what you could rent the suite for if it was on the open market. If the difference is 8% or more (so one month's rent) most tenants will walk across the st. for the difference. You raise rents when them market bears it, andyou lower them if it won't...

The land value is reflected in the sale price even if it has a nice home on it. If it's on MLS then the world knows about it and you'll get full (current) value for it. Builders and developers all have realtors that work for them to find properties like these. Just because the zoning has...

Curious to hear what market investors like best? mid 2008-mid 2010 was a down market, great time to buy but tough to find tenants and we watched peak values erode. Harder to raise money despite lots of great deals everywhere. stayed even for a few years but mid 2013 through to now has been...

Did you self-manage before going to a manager to know what is entailed in property management? What makes you so sure this 'one person' is going to be a better fit? What proof do you have that you didn't get the sell job from someone else? Are they licensed? Can they legally work for you in...

Coaches will want to sell you more coaching, and few will have the detailed market-specific answers you will be looking for. I mentored dozens of REIN members when I was actively selling... several have very handsome portfolios now! Many decided real estate wasn't for them when faced with...

Glad to hear it went well! You should expect a small settlement to the tenant to placate to them a bit... In my case a ~$14000 claim ended up being whittled down to $600 (100x 6 months). However that came with a court order to terminate the fixed term lease effective at the end of the month...