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  1. ChrisDavies

    Multi-family sign?

    Regent does the signs for 90% of the agents in Edmonton. Give 'em a call. They're called hangers for diabond signs.
  2. ChrisDavies

    Western Conference Opened My Eyes!!

    Great points Wade, and I'm sad I wasn't able to make it out there. The Toronto experience was much the same for us. By halfway through Saturday people started coming over and saying "ok, tell me about Alberta" and "how do we make this work?" I've had a number of people taking money of the...
  3. ChrisDavies

    Assignment of Sale to Investor

    I usually explain this up front when I'm working for the buyer and include a term in the contract allowing us to amend the contract with the correct names. Then it's a simple amendment, and usually we draw up a fresh contract with all the same terms we've negotiated. (also handy if the offer has...
  4. ChrisDavies

    Evicting Rent-to-Own tenants

    That's correct. Your lease should not reference the option, but your option should mention the lease, specifically how breaking the lease will cause you to default on your option.
  5. ChrisDavies

    I have $500,000 and want to know what I should do with it.

    I have a list of REIN recommended books on Amazon. I'd buy the whole bookshelf....wait. I own most of the bookshelf already ;) http://astore.amazon.ca/rein-bookshelf-20
  6. ChrisDavies

    Evicting Rent-to-Own tenants

    I second Marks' comment. In Alberta, when you have a sperate lease which makes no reference to the option, just file at RTDRS as normal and away you go. Two other comments. When it comes to evictions there's no 'almost'. They're either in breach or not, and you either evict them, or you...
  7. ChrisDavies

    No Cash to buy, what to do?

    Save lots. You're getting better than $5k/year in cashflow and I assume you've got a job. Save, network, and talk to family or very close friends about doing a JV. I'm also a fan of lower-cost properties when you're starting out so you're in with less cash.
  8. ChrisDavies

    Looking for Rent to Own in St. Albert

    I have a nicely renovated 3-bedroom townhouse in St. Albert. Give me a call. Chris 780-905-7562
  9. ChrisDavies

    Delton Neighbourhood Edmonton

    Delton's a sketchy area, particularly the part pushing up against Alberta Ave (118 Ave). I've heard that CMHC has blacklisted Alberta Ave (to the south). It's a tough area, and both Delton and Eastwood (to the East) attract a lot of drug dealers, prostitution and crime. I don't see it having...
  10. ChrisDavies

    Buying Ft. Saskatchewan condo`s

    Hi Becky, It's tough to get managers out there, but I know of some people who rent there. It's a nice community for families and you do get a lot of people who work at plants in the area. I can't comment too much on the economics of the area, but I think it might be break-even for a little...
  11. ChrisDavies

    Virtual Assistants - How to ?

    Some great advice in this thread. I sat down with a new investor client a couple weeks ago for the first time and listened to what she wanted, explained how I worked and how I thought we could work together. Apparently I'm the only Realtor who has ever pitched working a specific system on a...
  12. ChrisDavies

    Condo documents for foreclosed condo

    Just call the management company and write them a cheque. In Alberta you can get the bylaws via land titles (SPINII), and the management company has 10 days to send you the docs once you ask.
  13. ChrisDavies

    REWORK- Join the REIN Book Blogging Club

    I have a challenge for the bloggers and readers out there. I talked in my latest blog post (below) about how the book Rework is changing the way I look at my business. The chapters are all just a few pages, and are easy to read and comment on. I challenge you all to join me in reading the book...
  14. ChrisDavies

    Is It Legal For Realtor To File Caveat Against Title?

    If you walked after there was a firm deal, or the listing agreement you had clearly lays out what you were supposed to pay, you'll likely be stuck with it. If not, you'll likely be able to have the caveat struck, but you should call the Realtor first and see what the story is now. They may not...
  15. ChrisDavies

    Judicial Properties

    I'll speak on the Alberta experience (since that's where I'm from). There's two different types of properties here: Judicial Listings (Court of Queens' Bench) and Bank Owned Properties. The former are difficult to buy, the latter have more potential. Imagine the sellers' name is Rob...
  16. ChrisDavies

    Any recommendations for Realtor who understands in renting and flipping properties in Edmonton

    I'd put myself in that category. There's a couple other guys around who I trust and would cheerfully refer you to. Drop me an email or give me a call.
  17. ChrisDavies

    3 bedroom tough to rent out?

    I love 3-bedroom townhouses, and find them easier to rent out (and with better cashflow) than 1 or 2 bedroom options. They're more appealing than a SF home simply because they're cheaper ($1200 vs $1500+maintenance for a house).
  18. ChrisDavies

    Who is appropriate contact in REIN organization for help?

    The fastest way to get the best answer is to call them on Monday morning. 1-888-824-7346
  19. ChrisDavies

    Make your on-line ads STAND OUT

    Jim, you make me happy. Jakob's a star in website usability, though there are other great voices out there. When I worked at Enquiro we did a bunch of eye tracking and other usability tests on websites. I learned a ton, as did our clients. A good friend from Enquiro/Mediative writes a great...
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