I think Wade was getting at the legalization of secondary suites... not Nenshi being re-elected or punted from office.

Would love for this to be available online, like a title search.

Do you have your realtor's license and are looking to take your career to the next level? Would you like a steady leasing commission cheque every month PLUS sales cheques? Interested in being part of Calgary's real estate revolution? PM me for more details!

Thanks for posting... Do you think he can handle volume (20+ contracts all across the NW and SW)?

Very cool!

All this would be spelled out in your mortgage contract and is hardly 'fraud'. Yes payout penalties suck, but if you aren't going to keep the loan for five years, why would you sign a five year term?

Cool table that shows who is in support of secondary suites, by each ward. Make sure you are voting for the right candidates! Link

If they are both on the lease then both are bound by it. If the lease has been breached (non payment) then I would move for eviction and get them both out ASAP. Get an RTDRS hearing date, post the notice on their door. Government issued paperwork stirs tenants to action. If they have...

If you can't lose it, put it in a GIC. It's not sexy but you know it will be there when you need it. When I'm raising money for a project and don't need it before closing, I put it in GICs until such time as it's required. If it's going to be a long time make sure all your high interest...

I guess someone needs to pump Calgary's tires... heh.. REIN (you know, the guys that run this forum and do all the research for the books, ACRE events etc) still ranks Calgary #1! And that's just strictly investment speak. Since you are actually going to *live* in this property...

Thomas I noticed you posted your thoughts in a couple threads and I thought I would create a new one so that interested investors can more easily engage the conversation.

Everything is for sale in Kelowna, that market hasn't been healthy for years. It is a vacation town and I suspect it will only turn around after the major centers (Calgary, Edmonton, Vancouver) have a couple years of strong performance giving people enough money to get back into the second home...

If it's a sweet deal in Calgary I'll buy it from you and pay you your fee on the spot, I don't need to wait for closing. Just PM me Address and price and I'll tell you yes or no.