The "rent to own` option is quite popular with people now. I have had a few calls on my home asking if I am interested in this option.

There is definitely some slow down here. Contractors are getting laid off, until the price of oil becomes more stable. I hear through the grapevine that the LOA has been cut out (Living out allowance). But, I also heard from a realtor the other day that alot of the condo projects are on hold...

There are still lots of jobs to be had in Fort Mac. We have been somewhat "sheltered" from the recession compared to the rest of Canada.

Yes, let`s get back to discussing the original topic!

Currently I have my payments coming out bi-weekly, but since my rent money doesn`t enter my bank account until the end of my month, I find that I am dipping into my personal money to cover the payments. I am going to move mine to monthly, at the end of the month.

I was always told that I could only use my RRSP money for first time home owners only. Is that not true? I would love to invest the majority of my RRSP`s in real estate. The Government Tax free account is a good solution, but what if you need a tax shelter for a certain year, because of your...

Good Day All I`m sure that we are all in the same boat lately with our RRSP`s heading into the tank. Does anyone know of any other tax exempt alternatives out there that we could invest in besides RRSP`s? I really don`t like the fact that I have no control over the markets, thus no control...

QUOTE (HeatherBrandt @ Jan 7 2009, 11:26 AM) Hi all, Hearthstone Property Management (Red Deer) is conducting research about the feasibility of opening an office in Fort McMurray. Deb Bradford has lived in Fort Mac previously. They want to know if there is sufficient interest in their...

QUOTE (GarthChapman @ Jan 7 2009, 10:56 PM) [list type=decimal]I think Dent is partially right.I think Alberta will be much stronger than the ROC and the US.My properties cashflow so value is less important.If I sold what would I invest in to provide decent returns? I don`t trust or properly...

QUOTE (GarthChapman @ Dec 1 2008, 01:05 AM) I think that most would agree that our Prime Minister`s move on the funding of political parties issue at this time was both opportunistic and ill-advised. But let`s also recognize that the governing party has a great advantage in this ill-advised...

QUOTE (mortgageman @ Nov 30 2008, 12:10 AM) Don't bother waiting a couple of weeks. Just delete, rework it and get it back up there. Repeat over and over until it's rented. Good luck! I AGREE!

QUOTE (nepoez @ Nov 25 2008, 01:00 AM) Hi Tommy, NOPE! It`s been listed for over a month. But the holiday special only started this week. I don`t live in town so there are many things suggested here I can`t do. Internet is probably my best bet.. How long has yours been vacant? I find that...

QUOTE (Jack @ Nov 21 2008, 01:42 PM) -Energy producers are tentatively looking at boosting exploration in Alberta again after a government shift on royalties, but not by enough to rescue the province from a drilling slowdown in 2009, oil patch companies say.-there was also widespread confusion...

QUOTE (C2Ventures @ Nov 9 2008, 01:17 PM) Please provide more details. What area and rental type are you talking about? In many areas rents are going up, not down! What areas are going up? I have 2 condos in NE Edmonton and have decreased both to $1295 month versus $1350 to get people in there

Hi there I know that I have seen some threads on this subject before, but can`t find them. Hello fellow investors: When getting mortgages, do you sign up for the mortgage insurance that the banks offer (sort of pricey) or do you go with different options? Thanks very much

Hi Andrew I`m also a member of REIN and live in Fort Mac...PM me anytime!!

QUOTE (Dan_Eisenhauer @ Sep 17 2008, 10:33 PM) Thomas is the third person in a week who I has advised those with an LOC to max out the LOC, and to bank the money just to ensure it is on hand when it is needed. I am wondering if it would be safe if I transfered my HELOC to my high (LOL)...

Could they touch unsecured LOC`s that are already in place?

QUOTE (thomasbeyer2000 @ Sep 6 2008, 08:15 PM) Banks are getting MUCH MUCH more difficult to deal with over the next year or more .. as they took a huge hit on the bad US sub-prime mortgage debt .. so they are looking to improve their cash position .. and a LOC means: a % of this LOC must be...

QUOTE (JDRInvestments @ Sep 10 2008, 10:12 PM) Kim, I have asked for help on this approach as well from a few key members on the board. www.homeownersoon.com is a good source with a formula that you can use as a start to see if it works for you. I have successfully pulled together a RTO and if...