I like Rickson's honesty. "Anyone who tells you they got into rock n` roll for reasons other than girls, fame and money is full of s***." - Gene Simmons

$450K is definitely on the high side for RTO. I wouldn't be surprised at 6 months or so to find and qualify the right buyer. Much easier to show if it's vacant.

Data has value to the extent that it helps to make better decisions. What question does this data help to answer? I suggest the question is "How can I drive more traffic to my blog and get some cheap google-juice?". ;)

"Drive fast." - pre-race advice from a fellow racer. "Your real asset is your tenant." - from another investor. "Whether you think you can or you think you can't, you're probably right." - Henry Ford

Hi Sean, I have property in Leduc, so I have some insight into that market. Your rent numbers are correct - $1700-$1800 is average for a detached bungalow. You might get that for your duplex since it's quite new - especially if it has a garage. Garage is a big one there - lots of trucks, dirt...

http://myreinspace.com/search/searchresults.aspx?q=accomodation+inspection+report

Pro: You need less capital to get into the deal. You may be able to get the VTB at favourable terms - no interest, no payments, etc. Using a VTB may allow you to purchase an excellent property that you otherwise could not. Potentially higher cash-on-cash ROI. Con: You're more highly...

Doug Dach - 780.902.4505 C&G Renovation & Maintenance - Gary Venhouis 780.953.0486 Precision Home Renovations - Charlie 780.970.3285 or Joe 780.298.8945 Please let them know I referred you. Thx.

Yes, I've bought houses with no money down, taking over existing financing. In Canada, that is typically done via Agreement For Sale (AFS). There's some relevant sample documents here: http://myreinspace.com/downloads/critical_forms/m/ron0legrand-canadian-quick-turn-forms/ Beware, though...

Thanks, Russell. Speaking of RSS, is there a way to get the "recent posts" updates via an RSS feed? I thought I saw some RSS links for updates earlier, but can't find them now...

Can we please kill the posting of Don's Twitter activity to the forum? From my point of view, they add no value to the forum and in fact make it harder to find the content that does have value. 1. They pollute the new posts listings - can't find the real comments 2. The info provided is...

I've questioned a couple realtors I know about the seller leads and they weren't interested. Most of the people that contact me with a house for sale aren't in a position to use a realtor and they know it, that's why they are checking out the "I Buy Houses" options. I haven't seen that there is...

Yes, pass on this deal. Even if you got it with no cash up front, you still have too much neg cash flow, plus the $40K obligation in less than a year. Too much risk.

Good tips, Donna. Although I have to wonder where in Canada weeds grow over the winter... Certainly not here in Edmonton! :) For those that may be interested, here is the complete original article and many links to other staging resources...

EasyHomeBuyCanada is Canada's largest marketplace of available rent to own homes and features properties from many different sellers. I believe there are some Okotoks homes listed currently. If you create a free account on the site, you can be notified immediately when new listings are posted in...

For documents with sensitive information, I've used e-courier.ca and yousendit.com. I also use jungledisk.com extensively for secure document backups and sharing/sync on multiple computers.