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  1. K

    CIBC recall HELOCs

    QUOTE (TomRebstock @ Feb 27 2009, 09:46 PM) I was negotiating with a President`s Choice representative about an HELOC. I heard something unsubstantiated from a person who`s reputation is unknown to me. The sales staff member told me that the CIBC she was informed that by April 1st letters to...
  2. K

    Advice on a specific area in Edmonton - Londonderry

    QUOTE (MitchCollins @ Feb 19 2009, 04:40 PM) Hi Everyone; The property is being offered for $270,000 - but here is the great part. The owners live away in BC, and it has been vacant for nearly a year! They renovated it and did not want tenants to make a mess out of the new reno`s before they...
  3. K

    forclosure alley

    QUOTE (brentdavies @ Feb 14 2009, 03:50 PM) Reminds me of Edmonton in 1983-1987. Sad times for many. Are we going to re-experience those times. My house is already worth 20+% less than in March 2007. Dejan
  4. K

    Slip and fall issue

    QUOTE (invst4profit @ Feb 12 2009, 06:33 AM) Are you evicting them or waiting till next time. Waiting for next time . I try to avoid vacancies / tenants change unless it`s really necessary as they cost me a lot of money.
  5. K

    north east condo property values

    QUOTE (PhilipHauck @ Feb 11 2009, 08:27 PM) Yes, sorry, that would help. Edmonton it is. Victoria trail I have rental properties outside Edmonton at this moment, but value of my personal residence in Mosaic Parkland (West End) which I bought in March 2007, has decreased from $315k to about...
  6. K

    Slip and fall issue

    She did pay her rent eventually. Thanks Dejan
  7. K

    north east condo property values

    QUOTE (PhilipHauck @ Feb 11 2009, 06:19 PM) Can some one please help meout with this one. My condo values in the north east have dropped substantially and my west end condo has held much the same as my purchase price. This is only going by comparables. Thanks for any input. Philip Hauck Hi...
  8. K

    Invest in education?

    QUOTE (Dan_Eisenhauer @ Feb 7 2009, 01:52 PM) Check out REIC, Alex. You can take most, if not all, of its courses at home and/or online. Most UBC courses can be done through correspondence. The UBC real estate courses are rated amongst the top available. But, as Ed suggests, get the REIN...
  9. K

    jv closing technique

    QUOTE (ZanderRobertson @ Feb 11 2009, 09:13 AM) 2) as part of business plan (if buying in edmonton) utilize city money to convert unused basements into secondary suites thereby drastically raising rents and values with the instant $24,000 equity the city provides Great Zander, but could you...
  10. K

    Slip and fall issue

    Thank you all, I appreciate your thoughts. Dejan
  11. K

    Slip and fall issue

    Hello everyone! I have a tenant who during the ice storm, in NB, few weeks ago fell in front of my property, dropped her cell phone and now claims that phone broke and wants $300 for replacement. She threatens through my PM to sue unless her phone is paid for. At the same time she didn`t pay...
  12. K

    Saskatchewan

    Hi all! I agree with you Brian. I own two properties in Regina and hopefully will be able to get more this year in SK! Cheers Dejan
  13. K

    St. John Newbrunswick

    QUOTE (drhowey @ Nov 26 2008, 02:57 PM) Hello, I am just wondering if anyone has any information on investing in St. John, Newbrunswick? I attended a seminar recently where a realtor spoke about all of the positives about St. John; low housing prices, vacany rates, many new projects and hence...
  14. K

    September`s YOY Housing Price Index, 2008

    QUOTE (joe123 @ Nov 11 2008, 12:23 AM) I have family in Saskatoon... They say many "used to be" Albertans are coming back to Alberta.. Edmonton especially. They say the number of Alberta License plates has dropped significantly. Yet I`ve noticed more and more sask license plates here in...
  15. K

    Have a buyer who hasn`t a downpayment

    QUOTE (wealthyboomer @ Oct 28 2008, 11:34 PM) Apparently, Nestbuilders Charity gives a gift of 5% downpayment for mortgage: http://www.nestbuilders.ca/welcome.php Yep, I sold my condo that way, and even without realtor. Dejan
  16. K

    mortgages being reported on credit bureaus

    All of my 3 BMO mortgages are reported from day one, while RBC still doesn`t report. Dejan
  17. K

    Accountant in Edmonton area?

    QUOTE (navaz @ Oct 9 2008, 07:44 PM) Look at my post on my website to see how to choose an accountant -might help Thank you Navaz
  18. K

    Accountant in Edmonton area?

    Hello everyone! Can anybody recommend good accountant in Edmonton area, with RE knowledge first, and in conjunction with other business services. Thanks in advance Dejan
  19. K

    Just 21

    QUOTE (ChrisDavies @ Oct 3 2008, 12:49 PM) Stick around, listen, learn. Read a lot. However, real estate isn`t a get-rich-quick game, and usually requires you to have some sort of income besides real estate for at least the first three years. That said, there`s no better place to learn about...
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