QUOTE (Ian @ Jul 28 2008, 06:14 PM) Hello all: I am looking at buying a house and renting both floors. I am aware that some investors charge a higher rent but pay the utilities and some charge slightly lower rent and have the tenants pay the utilities. Any advice as to which one to choose...

QUOTE (grantala @ Mar 19 2008, 08:26 PM) Hello, Have any of you used a professional staging company when selling a property? Pros? Cons? Thanks! I had a qoute done for a vacant house and found it to be quite expensive. $2400 for 1 month included 2 living rooms, 2 bathrooms, breakfast nook...

QUOTE (investmart @ Mar 3 2008, 11:05 PM) Hi All, Which property report/document shows most accurately the size of an apartment in square footage? The appraiser asked what it is. He will probably measure himself later but I wanted to ask which property report/document specifically is the best...

In the years before I became a residential real estate appraiser I was a Realtor and I would always endeavour to provide as much info as possible to the appraiser related to the property being sold. It was always about developing relationships. One of the pillars of real estate investing. Now...

QUOTE (thomasbeyer2000 @ Feb 26 2008, 11:24 PM) many options: cash (not preferred), debit machine, credit card, EFT / automatic debit from tenants account (VERY much preferred), bank card with right to deposit only, post-dated cheques, money orders Why not give the tennat the follwoing option...

QUOTE (margaretcowan @ Feb 22 2008, 11:41 PM) Hi I owned a couple of rooming houses a few years ago here in Vancouver, both with nice, quiet tenants almost all the time. There are many nice lower income people. If they`re happy in your room, they may stay a few years, or they may move on. I had...

I am seeking a CAD operator to generate renovation plans that would be presented for building permits and jv partners etc. If there are any REIN members with CAD skills or if you can reccommend someone that would be appreciated. Jeff

It is true, once a maritimer always a maritimer. Be it Herring Chokers, Bluenosers, Spud Islanders or Newfies bye. We all have the urge to go back. I am originally from Moncton, N.B. and also return on occassion for visits. I now live in the Edmonton area and have been blessed with equity...

I use the tenant lease agreement form from the REIN critical forms section. It is by far the best available. The details and specifics are very clear and can be customized. The additional rent terms are worth the REIN membership fees alone.

Wow,If I only had to weed out ten properties before buying I would be a happy camper. I usually go through at least 150.

QUOTE (tommy @ Feb 14 2008, 09:30 AM) Thanks for the input, you guys are helping me out already. Let me explain what my plan was: I would have liked to stay with my parents for a couple more years because I could really save up a lot (no food bills and rent). I wanted to buy a property with a...

Hi Tommy, The way I see it. 1/ If you are in a position to purchase an investment property why would you still want to live with your parents? 2/ Invest in a property that will pay or help pay your mortgage and expenses. 3/ Make it your primary res. for tax purposes. 4/ Don`t worry about...

I have a garage rented to a car collector presently. REIN advises that you should use a warehouse or specific garage rental lease form which is available for dowload. I used it for my garage and am thankful for all the resources that REIN provides.

Elements are less than $20. and should take less than 15 min. to install using basic tools. Make sure you pull the unit away from the wall and unplug 1st. Be prepared for a dirty mess under stove. If the color is not white or off white replace it. That`s just my opinion.

I don`t have building knowledge in your area, however the price seems to be a little high. If you are building the garage for income I would treat the garage as a separate investment property. For example: Could you borrow the $20,000. and have the income from the garage support the payments...

Very well stated Paul. Purchasing at the right price is the most important step for renovation homes. Knowing what the market value will be after the renovations are complete is the 2nd most important step. As for the renos. The best return or biggest bang for your dollar will be: 1...

QUOTE (RobCadete @ Jan 14 2008, 08:59 AM) No probelms. I had to deal with this before. The issue is that prople don`t realize that you can only use aluminum fixtures with this wiring. Using copper fixtures could pose a fire hazard. I had an electrician come in and add copper leads to all the...

Hi Donna, How about 3 or more condos in the same apartment building or towhouses in the same complex. You can get the feel for the building from a management point of view and perhaps continue investing in the building in the future eventually you will have a multi unit building.

QUOTE (SusanPenner @ Jan 11 2008, 09:25 PM) Hi Donna: I`m in the same boat as you ....I`m just starting out investing and like you I would love to dive into 4-plexes and 8 plexes. After listening to REIN`s multiplex CD`s (which are amazing!) and realizing the learning curve I`ll be facing in...

QUOTE (kaelsmith @ Jan 7 2008, 05:02 PM) Hello Sam, Thanks so much for the info. Kael 2 local sources for the info are Edmonton Realtors Association(Edmonton Real Estate Board) and CMHC.