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  1. RedlineBrett

    Condo board in Alberta - policy vs bylaw

    Time to yank out the condo docs. Depending on when the bylaws were ratified changing them could require a range of board support numbers. Usually it's 66.6% of board members after a special resoultion is set up for a vote. I have seen my fair share of boards 'drunk off their own power' and...
  2. RedlineBrett

    What is better: cash-flow ... or higher ROI ?

    I think everyone loves income. (how is that for insight!) Because of that, the value of investments that throw off a lot of cash is very high, which drives up the price people are willing to pay for them, which then reduces the dividend % when compared to acquisition price. I feel that's...
  3. RedlineBrett

    What is better: cash-flow ... or higher ROI ?

    Private second mortgage companies.... lend at higher rates, but your money does not appreciate while it is loaned out. Sorry for the late reply.
  4. RedlineBrett

    Going back home with $1.5M. How should I start?

    To the OP I would rent, and establish your 'back to Canada' lifestyle costs, and ensure you can keep it under your 100k /yr. Get a REIN membership if you are interested in real estate. Maintain employment in your feild. 1.5M is not enough to retire at 32. Once you have some answers there...
  5. RedlineBrett

    Personal Belize Achieved !!!

    Great to hear someone make it! Well done!
  6. RedlineBrett

    Redline coming to Toronto ACRE

    I'll be working a booth there this weekend. Looking forward to seeing some fresh faces from out east, and showing Ontario based investors how easy it is to invest in Calgary, REIN's #1 investment market two years running. We are a great fit for investors looking for 'boots on the ground' while...
  7. RedlineBrett

    Calgary on the Grow.

    Very cool, thanks for sharing! Will be neat to see A380s here.
  8. RedlineBrett

    Best way to find new houses/investors for PM Service

    I just googled your username and I can't find your company website. Also, under your profile you make no mention of being licensed to trade in real estate, let alone with a brokerage that offers PM services. Property management is is included under the definition of trade in real estate...
  9. RedlineBrett

    rental reduction compensation

    No way you should be waiting until Feb 17th to have your boiler fixed. Surely there must be plumbing / mechanical contractors local to you that have a faster response time than that. Problems like this is what gets your building condemned. I would not want to be you if a tenant went to the...
  10. RedlineBrett

    New Member introduction - RedlineAngelina!

    Hello REIN community. It's my pleasure to introduce REINs latest member, Angelina De Boer! Most members know I own and operate a real estate brokerage in Calgary and that I specialize in investment property sales and property managment. What may come as a surprise to many though is that...
  11. RedlineBrett

    Getting bank/contractor concessions in return for publicity/signage

    Nuttin, unless they offer it. Just say no, you don't want your sign getting confused with theirs.
  12. RedlineBrett

    How do I best advertise a property to a developer?

    If your land is truly valuable for redevelopment purposes developers will come to you. Either privately or through their agent. Make sure your owners address is correctly described on title to the property so that you can be easily found. If not, make sure your PM or tenant knows to contact...
  13. RedlineBrett

    What is better: cash-flow ... or higher ROI ?

    Depends so much on the needs of the investor. I would put my retired parents in a cash flow rich, equity poor investment structure. I choose to put my own money in the opposite. I generate income outside of my investments to keep the lights on at my house, and so I can take on risker...
  14. RedlineBrett

    Missing the mark: Businesses sponsoring REIN events?

    We usually do one REIN event a year, big booth and all. We'll do the same next year. I have done several, and know what it's like to be on the other end of what you're experiencing. I can tell you that REIN clientelle are extremely high maintenance! The issue isn't so bad with experienced...
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