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  1. ChrisDavies

    Top 3 Reasons To Become A REIN Member

    And since Rich Dad is here in Edmonton plugging their useless free seminar, I`ll add my favorite reason why REIN is the best real estate education out there: two years of membership plus all the books costs less than ONE of the extended courses or mentorships the other groups try to sell you.
  2. ChrisDavies

    Whats the Good Place to invest in edmonton?

    Hi Ron, There`s a lot of information here if take the time to read it, and several good blogs written by REIN members. This is a good buying time in Edmonton, as we`re bouncing along the bottom of the W, with stronger, if slower, growth coming the next few years. Interest rates have nowhere to...
  3. ChrisDavies

    How soft is the Calgary rental market right now?

    Ron Roth and I did a report in Spring 2010 listing the top rental websites from Google`s perspective. You might also try Rentspot and Homerent. You can download the whole report here. You`re right that people don`t like to move in the winter, and it`s coming up on Christmas, which is a junky...
  4. ChrisDavies

    New Quick Turn Websites - Which one do you like?

    Monte, I like the first one too. One recommendation from a conversion standpoint, see if you can kill the catagories box on the right below your signup form. It`ll prevent any distraction once their eyes go over there. I`d also kil the blog posts at the bottom for now, and the `uncatagorized`...
  5. ChrisDavies

    So You Wanna Be A Real Estate Developer

    That`s a very cool looking talk! I`ll be sure to watch the whole thing later.
  6. ChrisDavies

    Commissions expected?

    To add to what Brett said, Realtors aren`t allowed to completely ignore them, but it`s human nature that a listing offering substantially less will get fewer buyers looking at it. I wasn`t completely sure from your initial post if you`re asking from the perspective of a seller seeking a...
  7. ChrisDavies

    15 story hotel built in just 6 days

    That`s an impressive video. Wonder what it`s like to stay in.
  8. ChrisDavies

    Purchasing property - A traveling salesman`s dilemma.

    Many people in REIN buy properties outside of where they`re located, including lots of people who buy in Alberta. You have to be willing to (potentially) fly out a couple times a year if you`re self-managing, or end up paying more for a property manager who might not find it worth it to just...
  9. ChrisDavies

    Need an access database programmer for a contract

    QUOTE (RedlineBrett @ Oct 14 2010, 09:54 AM) Anyone have anyone to refer? I can`t find any software programs out there that I like so I need to build my own. I doubt this will be a one-off... it will lead to modifications and other business so while I love the idea of spending pennies on...
  10. ChrisDavies

    Can smart property investors get bankrupt

    Even smart people make mistakes or have bad things happen. Never think you`re exempt from having a run of bad luck. I`ve seen many people, REIN members included end up in bankruptcy from mistakes, bad luck or growing too fast. That said, outside of Gold, long term real estate makes a great...
  11. ChrisDavies

    Under-reporting Rental Income - Help!

    You might mention that CRA has an agressive tax planning division, who will stop at nothing to figure out what`s going on. There have been cases where CRA has discovered fraud by adding up values of assets, and seeing if the income vs assets is reasonable. He`ll get nailed eventually.
  12. ChrisDavies

    How far should I bend?

    QUOTE (PaulPoulsen @ Sep 14 2010, 11:01 PM) Thanks Thomas. Do you have a specific prayer you can recommend? See Matthew 6:9-21, with particular attention to line 12 I`m sure Thomas would agree.
  13. ChrisDavies

    The Shiny Penny

    So true! I buy three bedroom townhouses in Millwoods (Edmonton), and I make myself learn quite a bit about a new area before I buy anywhere else (and I think I know the city pretty well). I actually have a long list of things I look for in a property, including half-baths which can be made...
  14. ChrisDavies

    Who Is On Your Team?

    Kudos to the investor Brent mentioned for having the foresight to call a Property Manager in advance, he just needs to get on it a little earlier.
  15. ChrisDavies

    new 4-plex

    FYI, the law says the method of payment must be agreeable to both parties, and cash doesn`t sound agreeable to you. You can refuse it and require a cheque or money order. They can get money orders at Safeway for a couple bucks. At Davies Management we stopped taking cash because it was unsafe...
  16. ChrisDavies

    A $1,500,000 Massage

    You should see what happened when I updated my facebook status with something similar.....I`m friends with a bunch of mental 12 year old boys. It also turned out the building for sale is one we used to manage. Small world!
  17. ChrisDavies

    A $1,500,000 Massage

    I had a great reminder from the multi-family weekend today. I went for a massage and got to chatting with the therapist. She`s a resident manager at a 15 suit building in west-Edmonton which is going up for sale. I`m not looking to buy, but you never know where you`ll find properties for sale...
  18. ChrisDavies

    Lobbying for Changes to Ontario`s LandlordTentant Act

    For a landlord friendly province, try Alberta.
  19. ChrisDavies

    What % of tenants acually purchase the RTO

    I talked to a a well known investment Realtor in Ontario who has been very involved in many deals and teaching some RTO techniques. They said the best folks they know manage a 60-70% completion rate. It often ends up being 2-3 tenants before one of them manages the close.
  20. ChrisDavies

    someone stole my ad!

    They found you a renter, where`s the problem? Scraping is a common problem online, and you`re not likely to get a reply from Urban. The pull content from around the web, hoping to get traffic from search engines, so they can sell ads.
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