I would do the inspection, get the keys back, and work hard at finding someone new to live there. I wouldn't give the security deposit back until I had a new tenant, which is something you should be able to accomplish in a 1 month time frame in the Edmonton market. If you took a 1 month security...

The two reasons you want to evaluate businesses have different goals, which is in important point, imo. Your "active" business has a balance sheet value that you'd like to know. You can use it on your balance sheet to boost your net worth for qualifying, in which case you want the highest...

10x revenue seems pretty aggressively high to me. Unless you meant 10x revenue to the owner (aka profit) or something like that. There are a number of books written about valuing small private businesses, one I'd recommend is here: http://www.amazon.ca/gp/product/1889150479 Also be...

You might want to take a look at this...

That is absolutely and unequivocally NOT the reason we sell our oil for a lower price than we import oil. Oil in the North American midcontinent (roughly Alberta to Oklahoma and the US midwest) is trapped. There is so much new production (oilsands, bakken, etc) that the price has gone down...

Thanks all. We're already moving forward with an eviction. However, the PM has indicated he'll just get similar tenants in again, which defeats the point. (We can keep evicting, but it's a fair bit of work)

A condo building I'm on the board of is having an issue with a property manager. He manages two units, and is consistently putting terrible tenants in them. (When you advertise "pets welcome, no damage deposit" you don't get the cream of the crop). Anyway, I've checked his name and his company...

I've sent my ROI/cashflow sheet to everyone who has requested it in the last couple of days (after the epic thread bump!). If you didn't get it, post a request again here or shoot me an email. (Address in my profile) Michael

Very interesting, thank you for sharing that. I was surprised to see the decision quote US cases in support of a common law argument, I would have expected that to be relatively uncommon in the Canadian legal system. Michael