QUOTE (Candi @ Apr 22 2008, 08:50 AM) Thank you for your vision and postings, I am learning as much as I can from you and everyone! my mind is saying move to Albeta - My family in BC think I am crazy! You don't have to move here to enjoy our fruits. Just invest, although, being Saskatchwan...

I think you should be more aggressive. You need to get at least 2200/mo. to make it pay and not cause you any stress if you are buying it for $330,000. Could you get that rent? Maybe if it were furnished. You could market it to companies that are bringing employees into the city for short...

Thanks Don, I`m as relaxed as can be and glad I am in the Investors Crowd.

Randy, I think the thing to do is to phone your accountant. He/She will be able to give you the answer you need.

Congratulations Mike! I plan on doing exactly the same thing in a year or two. In the meantime, last week I bought a 2005 Dodge Durango (definitely not my dream vehicle) which is what I needed to get me through for the next couple of years. I did go and test drive 70-80K trucks, but decided...

If I remember correctly, Wade Fenner is a REIN member and he has many many properties and I guarantee you he wouldn`t be selling the seminar if he didn`t know what he was doing. I beleive he has an interesting story, rags to riches.

It`s very important to learn landlording OR hire a PM who knows what they are doing! If you have the tendancy to be nice/it`s ok to push me around, rather than running your investments as a business then I suggest you hire a PM.

Monte, That`s a wonderful news article. It pays to have persistence and vision. My Mom turned around two apartment buildings with similar stories (without the comercial space however) and now she has two viable, safe buildings that tenants are very happy with and so are the police as they...

Take note that all of the negativity comes from the group that are not REIN members. REIN members know where to buy properties and what price to pay for them. They know to hold long-term. They know it doesn`t matter what the market does while they are holding the property and collecting the...

One more thing: If you think it can`t be done, you`ve lost the race before you even get out of the starting blocks.

While we`re waiting for the $5000 story. You might find my rags to riches story helpful as well. I did it with $18,000. I attended Quickstart, then joined REIN. From Quickstart I was motivated to change my life. Quickstart gave me the knowledge of where to invest and how to analyze a...

I have 2 properties like that with R1 zoning. There have been suites in them for years and no one has complained. I wonder if you can appeal it or ask for specific reasons as to why they would shut it down. I wouldn`t roll over, I would ask for a hearing and state my case. Every situation is...

QUOTE (RedlineBrett @ Apr 16 2008, 11:11 AM) I have taken the Robert Allen course and even paid for their more detailed coaching. He`s an Albertan too, FYI. In short it wasn`t worth it... but I did get some great info out of them. REIN focuses on the best way to create wealth through real...

QUOTE (invst4profit @ Apr 13 2008, 02:10 PM) No response since his first post so I would guess he was just blowing smoke. I would bet he`s busy out buying another property. :-)

QUOTE (billdekramer @ Apr 11 2008, 07:18 AM) Thanks, Rebecca, I appreciate your input. With a lower % solution, would you extend the amortization to help with cash flow? Pushing the mortgage out 40 years instead of 25 can give more monthly cash to build the slush fund, etc. eh? Thanks again...

I agree with Thomas. Hire a professional firm to get rid of them. You can evict yourself, but you have to have the personality for it. You must be able say what you mean and mean what you say and follow through. There`s no being nicey nice and you need to know what you are doing. It`s...

The first property I ever bought was an up-down duplex in Killarney. It`s a two storey. The main suite has 5 bedrooms and two full baths, the basement suite has 2 bedrooms and one bath. It`s huge. The main suite is 1700 square feet. Anyway, when I first bought it in Feb/06 I rented the entire...

Yes Sam, This has happened to us as well. With Mortgage Statements and with City of Edmonton Taxes. It drives us nuts because just when we think we`ve sorted it all out, it happens again. I send written confirmation of the address changes by fax usually, and when it doesn`t get changed...

We accept it without hesitation because we are also successful and know what REIN has done for "US". The people that stand up and defend the system are having success after success after success in real estate and they have learned it through REIN. I`m as sceptical as the next guy when it...

My sister and brother-in-law own there as well and are doing well.