Sherilynn, that is an excellent idea of having a trial 3 month leases for suited houses. I have one tenant who has been a jerk and I am stuck with him until the lease expires next year. I am going to do that for my leases from now on. This is agem. Thanks Sherilynn!

There is a similar program in Edmonton and we were bitten twice. We thought we would give these kids a chance, These kids are not stable and caused damages over 8K. Ouch! The program coordinators did not even take any responsibility by paying the cost of the damages. Rent coming through is...

That was an excellent presentation. Thanks!

If you claim the CCA, is it recaptured when you sell the house assuming there is a profit?

Can the following items be expensed or capitalized? 1. Furnace replacement 2. Hot Water Tank replacement 3. Roof replacement

I have an investment property for sale in the desirable area of Allendale in Edmonton. Close to U of A and Southgate Mall. It is 1139 sq raised bungalow and has a 2 bedroom LEGAL basement suite approved under the City of Edmonton Cornerstone program. Both the main floor and basement suites...

Hi Tazman Linda LeBlang is a very good realtor - [email protected]

Great achievement! Congratulations! Your future looks very bright as you are still very young. Out of curiosity, where did you purchase the properties and what kind (condo, townhouse, house, etc)?

Wow! You are in demand! Can you please forward a copy to: [email protected]. Thanks very much!

Did you stage the place before renting?

The other issue is that if and when your deal is accepted by the courts then you need to come up with the rest of the money in 30 days otherwise you lose your deposit. The banks will not give you a pre-approved mortgage on a judicial sale. Unless if you have cash sitting around and you are...

Is this the most recent experience? Why did it take 3 months to know if you got the deal? That means that your 10% deposit was tied up for so long! Were you able to view the property?

Does anyone have any experience with buying Judicial Sell properties? Is it worthwhile to pursue or too much hassles?

I live in Edmonton. Last week I took my tenant to the Residential Tenancy Dispute Resolution Service (RTDRS) for failing to pay rent. The judge told me that I cannot charge late fees to tenants who don't pay the rent in time. I was surprised as I thought that one could charge late fees if...

Do you advise having a credit check done on potential tenants. If so, any recomendation on a company that does credit checks. What information do you need to collect from the tenant. How much does it cost and what is the turnaround time? Thanks

I need some advice on signing a rental lease with a tenant. Should I be going for a 1 year or 6 month lease? Or is it better to go month-to-month? I have heard that tenants have been able to break the lease and it is almost impossible to go after them.

I have read Don Campbell's book and he talks about the 10% rule for positive cash flow. i.e Annual rents must be at least 10% of the purchase price of the property. Can anyone tell how that can be achieved with the current price of real estate? I live in Edmonton.