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  1. ChrisDavies

    Kitchener or Edmonton?

    Edmonton, both because of economic fundamentals and because of the favorable political climate (good for business, good for landlords). And the Oilers', but the last few games haven't been going so hot...
  2. ChrisDavies

    Question re: 8% rule

    1. If you're buying condo, you have condo fees instead of a big chunk of repairs and maintenance. If you buy SFH's, then you have big maintenance, and no condo fees. If you're buying well managed projects, you come out even or a little ahead thanks to the economies of scale. 2. I like...
  3. ChrisDavies

    searching for website

    Take active listings on Realtor.ca and subtract 5%. The best way is to get a Realtor to pull comparable solds for you, but for checking prices on many properties, that's a good quick way.
  4. ChrisDavies

    Acreage development within town limits?

    Hi Kevin, A couple thoughts, with a caveat that I don't know that much about the specifics of Saskatchewan. There will likely be a Municipal Development Plan, which will lay out the intentions and restrictions regarding development, and your potential subdivision. Failing that, most...
  5. ChrisDavies

    secondary suite owner-occupied restriction in Alberta

    Hi Chris, I didn't want to see your post go unanswered, and a bump might get some more people's opinions. Strathcona County has some interesting attitudes, and while I agree with you about both the logic and the law, that's an expensive fight you're considering. Someone like Barry McGuire at...
  6. ChrisDavies

    Is Belmont a good neighborhood in Edmonton?

    That's a fairly blue-collar part of Edmonton, but a more solid profile than across the Yellowhead in zone 23 (Abbotsfield/Rundle). I know quite a few people who buy in Homestader, and Sifton Park. It's a great area when the refineries and Fort. Sask are busy, and the Anthony Henday will help...
  7. ChrisDavies

    CMHC Insurance

    Some lenders will also require insurance if you're going for a longer amortization period.
  8. ChrisDavies

    Build a Real Estate Team You Can Be Proud Of

    Great post Neil, but I notice you didn't put any Realtors on your team.
  9. ChrisDavies

    Edmonton Rental Market Survey

    Here's a link to the blog post and download. Edmonton Rental Market Survey Cheers, Chris
  10. ChrisDavies

    Edmonton Rental Market Survey

    The final report for December 2010 has been published
  11. ChrisDavies

    Does Your Realtor Get Paid Too Much?

    I can't speak for Russell, but I tend to use a similar structure, or a flat rate, just so I have confidence I'll be able to feed my family at the end of the day. One thing that investors like him have going for it, is volume. I can deal with a smaller commission on a FSBO deal, because I know...
  12. ChrisDavies

    The Chris Davies Edmonton Rental Market Report – Dec 2010

    Originally posted on my blog: The Chris Davies Edmonton Rental Market Report – Dec 2010 Knowing what a potential revenue property will rent for is the most important and most difficult part of establishing a rental portfolio that has positive cash-flow and creates serious passive income. To...
  13. ChrisDavies

    Insurance companies

    That`s the one, and there`s special packages for REIN members: http://www.parkinsurance.ca/content/rein/
  14. ChrisDavies

    Christmas Shopping for Investment Real Estate

    Wade`s right on target. I`ve been talking so some sellers this week who are starting to get depressed, and I`ve found some great cash-flowing deals on MLS. I also have lots of free time right now to take people shopping, since our baby isn`t due for a couple weeks
  15. ChrisDavies

    Iam looking for a House

    Hi Ronald, Are you looking to move across into the new stuff in Cumberland, or stay around Dunluce? What`s your existing house like (beds, bath, sq ft and parking) and what are you hoping to move into. I won`t give you the standard Realtor song and dance about why it might be better to use...
  16. ChrisDavies

    Edmonton Rental Market Survey

    After answering a lot of questions, I`ve decided to try and compile a market survey for the Edmonton area. Attached is a spreadsheet, and I`d ask you to take 10 minutes, throw in some ballpark numbers for currently available or recently units and email or fax it back. Please feel free to forward...
  17. ChrisDavies

    Property Investors

    There`s a couple of Maritime investors here, but (obviously) there are very few who specialize in PEI.
  18. ChrisDavies

    New to REIN

    Hi Rick, Welcome to the club. I`m a former Kelowna resident with one unit there still and now I`m back in Edmonton (which is home). I`m a Realtor here, and I`d be happy to answer some questions about Kelowna vs other areas, and what your next steps are. Tahani and Thomas are right, there`s a...
  19. ChrisDavies

    Top 3 Reasons To Become A REIN Member

    QUOTE (Berubeland @ Nov 27 2010, 07:06 AM) Fourth, as soon as I started my business, I found out I was pregnant. I am the sole income earner in my family and just as I was establishing my business, I was very ill. These are not very good conditions for starting a business. My son just turned...
  20. ChrisDavies

    Property sales history

    Private sales history can also be found through the land titles service, which can be an expensive and tedious process if there have been many sales.
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