QUOTE (jarrettvaughan @ Nov 7 2010, 03:11 PM) ... Any photography advice is much appreciated. Make sure to use a digital cam with lot so memory space so you could take as much picture till you get the pictures right. Also you could start with the manual it self. They have a outlined...

QUOTE (Pheenix @ Nov 7 2010, 06:33 PM) .... .............historic behaviour pattens emerge, or the business issues get clouded by family issues, or vice versa. Might be easier to do when going into business relationship well after everyone has established their individual adult lives. Thanks...

QUOTE (JoeRagona @ Nov 7 2010, 08:26 PM) Why do you think they do not trust you after gaining a nice sized portfolio in a short amount of time? There must be another reason and it could simply mean they are just afraid. Base on the overall result of my networking. It is not so much that they...

QUOTE (JoeRagona @ Nov 7 2010, 01:39 PM) ... put your money into your portfolio and build confidence...in time this first level will begin coming to you and you will have much more to offer. First of all thanks Joe for your response to the thread! I am also been exposed in a business oriented...

QUOTE (ThomasBeyer @ Nov 7 2010, 10:36 AM) that is GOOD NEWS !! Prices were quite high then !! .... I have started in my buying around 2005 - 2006 time frame...I wish I have sold some at the end of 2007! I can`t agree more! it is definitely a good time to buy now.

QUOTE (housingrental @ Nov 7 2010, 10:14 AM) ...You should find that there will be very few this applies to Nicely put together Adam! Thanks you for summing this up for me. We truly have to put into consideration what level of understanding and tolerance of whoever we engage with before we...

We have to start somewhere, and the best place to start is with the people who we closely know and love. It make sense right? Given that they are the one how know us the most they should be the first we approach. I do agree with this somewhat, but I sill do have mixed feelings. It reminded...

Just looking at the Edmonton MLS and I can`t help but notice the resale price...Am I seeing prices dating back 2006 - 2007? Wow! It has gone down. Is this just seasonal effect or what...

Thank you very much Thomas for sharing you time and knowledge! You posts and responses are always a good source of input. One last question if I may….would there be any advantages or disadvantages from rolling over my properties in the corporation?

I am planning to transfer my revenue properties that are under my personal name into my corporation. These are well established and performing properties. My goal is to grow my corporation to be in the position to attract investor and to acquire more investment properties under it. Here are...

QUOTE (JimWhitelaw @ Mar 18 2010, 11:07 PM) I have a condo in a downtown highrise. The way this is dealt with by the condo board and pm is that move-ins/move-outs put up a $200 damage deposit and get an elevator lockout for their move. When the move is done, if there is no damage to common areas...

Thanks Thomas, I have not reviewed the bylaw, but it is in Alberta. I am proposing to have this presented at the upcoming AGM next week, but they feel they have all the power. I feel that all owners should make the decision and not just the board members. I agree that someone has to be...

The board in one of my condo is trying to pass this new rules. Just want some of your thoughts...How to stop them? Thanks! Amendment: That all move in and move out, owners and landlords are to be there until either is completed in the best interest of all condominium owners for both...

QUOTE (gwasser @ Jan 31 2010, 04:05 PM) Get a professional appraisal for the time you plan to convert your old residence into an income property while you and your family move into a new personal residence. All cap gains up to that moment are tax free. After that the now converted income...

QUOTE (invst4profit @ Jan 31 2010, 05:46 PM) The key to that statement is "based on the figures provided" which are very sketchy. The missing numbers point to far less cash flow and in my opinion likely negative cash flow. But that`s only an educated guess. At a quick glance just basing from...

Based on the figures you provided, you will be cash-flowing for sure. The only concern I would have is the switch from having the property become your personal (capital gain tax free) to a revenue earning property (taxable). I haven’t had this scenario before, but wouldn’t this be something...

I am currently shopping around for a new accountant…One that will give me the proper guidance to help structure my business and to save money. Someone experienced in the Real Estate Accounting. Currently I feel I am not getting the property service I need to grow my business. Could some...

In preparation to my kid’s education, from day one I have been contributing to their RESP and Educational ROTH. In the long run if these are not enough, between the education savings and my real estate investments definitely it would be plenty for them to attain what ever they what to become if...

QUOTE (terrynat @ Dec 30 2009, 10:09 AM) I bought a condo in St Albert and had a sewer backup March 09, repaired by insurance, and another sewer backup July first. The sewer line as videoed and tree roots were the problem. The condo board has taken until Dec to repair the line so we were unable...

QUOTE (MikeMcC874 @ Dec 31 2009, 01:16 PM) In the building I just bought I have 2 tenants that pay cash. I understand that some of these people do not have bank accounts and cheques cost money etc. Are there any ways for these folks to pay me via the mail that does not cost them additional...