Calgary was similar. Was a case of two different methods of evaluation - multifamily (based on NOI and prevailing cap rate) and individual unit selling prices on the owner occupied condominium market. That gave each multifamily property a much higher value if it could be converted...

It's definitely been a much stronger fall / early winter than I was anticipating. Our internal "missed opportunity"vacancy rate was just over 1% for December, which is great for this time of year. We've had lots of applicants for each new tenancy and the quality of the applications has been...

The more levels of management you have in any investment the tougher it is to see a strong return. The same management entities that make investments like the Trump project seem low maintenance and 'hands off' also reduce from the returns the investor can expect to achieve through escalating...

There is no easy solution to come up with the 70-100k neccessary for a down payment on a solid rental property in Calgary. If it were easy everyone would do it! I would reccomend you strongly consider REIN membership. The yearly fees are a very cheap education when taken into context with...

I'm definitely happy with the outcome. Romney and the republicans are crazy. Some senators got ousted for good reason as well. For the most part, when the US does well we do well too. I'm happy for them. Here's hoping that pipeline gets built now.

Dawn M. and Jason B + 2 kids They're certifiable. I have an order from RTDRS booting them from one of our suites for Nov. 30th and they'll be on the hunt now. They'll likely want to stay in RL due to their child's schooling. If you have a vacancy there, or near there PM me for more info.

Was looking forward to your thoughts on this thread Thomas. Thanks for sharing.

It's nearly impossible to buy in Calgary. Very little product to begin with, so those buildings that hit the market all have 'stories'. With rents increasing in the last year it's further tightened things. There is more new construction, but not a lot. We're kind of in that tough spot...

We have an opportunity for a full time position within our maintenance / general contracting division. If you know someone who might be interested please have them send their resume to inquireATredlinerealestate.ca

Really great insight by Adam here. Packaging a bunch of land together only makes sense if the end project looks better due to the economies of scale. In this market space though if the land/zoning/ESA is really choice a developer would have come knocking already. There are likely other...

we had one done on our parkade last year as a condition to purchase... costs were in the $3500 ballpark. Whatever engineering firm you want to use will quote you though.

We have an opening for a new Leasing Associate with our brokerage. If you are a licensed realtor in Calgary looking for consistency (we pay you a share of the management business income every month for each lease you sign) as well as a pool of leads and referral opportunities with our other...

Hey guys, I've taken a couple months off REINspace. But back at it for the fall! We've had a super busy summer as always, and we've notice the Calgary market gaining a lot of momentum both in the pricing of invetment properties and rental rates. The calibre of applicants has increased...

Invest close to you in something small that you can manage yourself. Buying your first investment property isn't just about the property... it is about learning how the buisness works and all the factors that must be co-ordinated to make it happen. Your first property is as much an...