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  1. Kir Luong

    New House Roof Leakage

    Just to share one story. I have this bungalow with water base-board heating and the tenant cooked alot and was into canning, and stuff like that. The house was always humid and at that time, the kitchen exhaust fan was not working. During cool time, the ceiling would drip water in the...
  2. Kir Luong

    New House Roof Leakage

    First, Check to see if the new home warranty applies to your situation. If you are in Alberta, for example: http://www.homewarranty.alberta.ca/. Definitely fix the issues before further damage..it could be the freezing of the bathroom is cause a lack of insulation, which maybe cause icing on...
  3. Kir Luong

    Non-conforming basement suite in Edmonton - fine issued

    I had a similar situation once, but the notification was months and tenant could stay , if feasible. In the end, ending the tenancy was just logical and more convenient.
  4. Kir Luong

    Non-conforming basement suite in Edmonton - fine issued

    Perhaps they are getting more strict with enforcement. I suppose the 1000 isn't too bad relative to the development/and permit fees. It's like 2000-2500 dollars (usually 10% ) of the total project cost for me.
  5. Kir Luong

    Non-conforming basement suite in Edmonton - fine issued

    I never had been fined for an illegal basement. It seem so quick and without notification, was this your case?
  6. Kir Luong

    Free Parking is like Squatting

    No, the direct taxes and charges collected from car usage and parking fees is not enough to build new and maintain our road infrastructure. That's why our taxes always go up 3-6% annually. However, there are some indirect taxation collected that is used for road maintenance. Now in Edmonton...
  7. Kir Luong

    Free Parking is like Squatting

    I agree... we should have some mechanism to tax the people that have many vehicles, which would otherwise clog the road system (ex. Parking on streets). This applies not only to busy central places, or expensive lots. House lots are getting skinnier now and more townhouses being built ...
  8. Kir Luong

    Will you buy a property only cash flow but no appreciation potential?

    Illegal basement suite in duplex might not be possible even if you try to legalize it due to zoning and density issues. Check with the city. It would be bad if you got shut down only to find you can't even have a suite there even if you pay for the permits.
  9. Kir Luong

    New Member - What event should I attend first?

    I would read a few books first (cheap books). The principles of investing in income properties hasn't change much. In fact, people just recycle old information and make it look new. The economics and stats might change, so REIN produces that over the course of the 17 months (recommended...
  10. Kir Luong

    CMHC Secondary Suite Rules.

    Just ask the bank how they will rental income from principal residence.
  11. Kir Luong

    Great product for drains!

    IF you mechanically clean your pipe (snaking it, or pressure wash), then you put the enzyme cleaner in, how do you know it works? I once did a test...took some heavy oil (ex. bacon oil that has been cooled and turned to gel form) and put a solution of this "enzyme" in a glass. I Observed it...
  12. Kir Luong

    Alberta CHBA Nov YTD Results: Prepare to Weather the Storm!

    I'm looking to see what happens to net migration numbers. So far, AB still has a net migration (but I didn't check the specific numbers t for Calgary and Edmonton). Even if prices and rents go down a bit, I'll be happy. Good time to buy, I think (?). But the Notley government's policies...
  13. Kir Luong

    Rental Insurance

    Why did you add sewer back-up? If there were never any sewer back-ups historical, would you still add it in?
  14. Kir Luong

    concrete lifting

    Really? where would you rent this equipment? I'm not afraid with concrete work and have poured sidewalks before (with not bad looking results too). Thanks for the tip! With many houses, a lot of concrete surfaces are not ideally sloped for proper drainage, so some sweat equity might be...
  15. Kir Luong

    concrete lifting

    Yeah, form injection injection is around 2000 in my case, but it really depends on how much form is needed. I thought about coring some holes in to the concrete and trying to make piles or stabilize the concrete from further subsidence. Then pouring a levelling agent on to correct for slope...
  16. Kir Luong

    concrete lifting

    Does anybody have any experience with concrete lifting or have other suggestions to deal with sunken concrete in garages ? It's about 25% of the total space in the garage that will need to be lifted (in my case) or redone to achieve a nice slope for proper water drainage since this garage is...
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