I know you need to perform your due diligence: conduct interviews, call past employers, check references, credit scores, etc. But some people are pretty crafty when it comes to covering the bases and people are not always as they appear. That being said, who have u had the most success with...

I was reading about a similar grant program in St. Albert but there are a lot of stipulations. As you said: must live in home for 5 years, there's a cap on the rent you can charge, the tenant must make below average income, you must submit paperwork annually showing the total amount of rent u...

Also, a goofy change in the electrical code just came into effect alberta wide I believe. I'm not an electrician so don't quote me on this but my understanding is that any bedroom or common area requires a co2/smoke detector. They are all too be hardwired in series. So in your case I believe the...

Zoning is a big issue obviously as is parking. For every 2 bdrms u need one additional parking stall. So if u have 3 bdrms on the main floor and 3 in the basement u will need four stalls. Two Bdrm basement suite means 3 stalls, etc. In Edmonton they allow tandem parking, other municipalities...

Have used Cambridge windows and have always been happy with them. Had pricing from three different window manufacturers (dura-built, all-weather, and Cambridge) on a new home. Cambridge was the best priced by a substantial margin.

Just so you know, if we were to partner up, I think it would be highly beneficial to both of us. Once we have possession I can start the construction process and you have nothing to worry about. I have done legal secondary basement suites, so my trades and I know what we're doing. I think it...

Thanks for the feedback. To make a short story long...he proposed 85, 15. I said no way as politely as I could and countered with 75,25. He declined. So its a no go. As some say...sometimes the best deals are the ones u don't make. Would not have been worth my time and would have taken me away...

The woodwork and detail is very nice but I would be concerned about the age of the home. Better get a very thorough home inspector. Want to make sure there's no major structural issues. I would definitely ensure you use a home inspector who can scope the sewer line, make sure the sewer has been...

May be a fair bit of distress sales, assumable mortgages, foreclosures, etc. Just a matter of timing. I've been told Edmonton economically is about 18 months behind Calgary. So once we see some signs of recovery down south, may be time to act. We've been trying to sell our acreage, build on our...

I agree. You cant paint a clear picture just based on proximity to public transit. There's a huge number of factors. I've been stuck in traffic in the university area and Kingsway area well the LRT makes its rounds. I would have no desire to live anywhere near there. Makes for noise, congestion...

Depends on the numbers. He seems more inclined to flip. I would prefer to hold long term given the current market conditions. The potential partner is a realtor/investor so he would be the real estate expert. Given that he would be financing the whole deal, he would have final say on weather to...

Hey Thomas, Poor wording on my part. Maybe it's the holiday rums talking? Damn u sailor jerry! It's good stuff, just don't try to be a keybpard worrier on REIN after :) you might have your bluff called on you. There's a lot of speculation, skepticism and uncertainty. I'm just saying that there...

I like to think of economic slow downs as realignments and reality checks. Just as employment goes, it's the weak links that will be feeling the pinch. In 08' there were layoffs, but it was the weak links who have been dragging their feet and living on easy street that were let go. Same goes for...

Wow. I am by no means a educated, savvy investor and even from my point of view, these numbers look ridiculous. Interested to see how sales go. I'm sure there will be uneducated, inexperienced, first time investors who eat up their sales pitch, especially since Brad Lamb's name is associated...

Hey SVS, I was going to bill out at cost for subcontracted trades. No pay cheque for site superintendent, no markup. Just my split of the profit at the end.

Thank you for the valuable responses. We did a case study on the typical sort of property we would be taking on. There just isn't enough of a profit margin to justify a JV. And as stated by "sweet zone" there are a lot of turn key, upgraded, rentals that are out there and can bring in instant...

Hello, I own a plumbing and general contracting company, so I have some business experience. However, I have never paired up on a joint venture and do not have experience in real estate investments. I have personal properties and a couple lots I have purchased in the past, but that's it,so my...

I was going to suggest fort road as well. We did a up and down suite for some clients. We used fort road appliances and we're please.

Hey Brian, I'm out in Edmonton but I used a local web designer for a site I started. I was very pleased with the price, service and finished product. He does sites for out of town clients all over the country, so that is not an issue. Message me if you're interested and I can send you his info...

Hello, I am considering starting a joint venture with a partner. I would be responsible for the on sight construction and management of the project, as I own a general contracting and plumbing company. The other party would finance the project and be responsible for the business aspect of...