The answer is not always black or white. The best way to answer this question is to do a Present Value comparison of all the costs associated with buying compared to the PV of all the costs associated with leasing. You have to use the same length of time for both comparisons. For example, if...

It has been said, but using other words... in spite of the doom and gloom reports in the media, Canada`s economy is still growing. That is cause for celebration.

In talking with Garth Chapman about the lack of tax calculations, they have deliberately left taxes out of REMA because they are too variable and personal... AND most of us have no idea what we are doing when it comes to analyzing the tax implications of a deal. The IRR result in REMA...

You don`t say if this is withing a rental unit, or in acommon area for everyone`s use. If common usage, have you considered a coin operated system? If within the unit, why would you concern yourself about hydro bills? You should not be installing such a unit without first discussing this with...

Yea, it is interesting... and somewhat scary. I took the time to watch about 5 of those videos this morning... figuring out a pad lock... making a bump key... making a copy of a key from a pop or beer can. It makes me wonder if anyone with an "average" lock has a secure home.

Hi Ben; welcome to the world of real estate investing, and congratulations on having the support of your wife. That is paramount in taking your plans to the next level. I see you are not yet a REIN member. My first recommendation is that you join REIN. I have had a 30+ year career in this...

AND, the AB Tenant-Landlord legislation is more balanced than in BC, IMHO. Having said that, I am again considering investing in BC again... even the Lower Mainland. But, my emphasis will be on RTOs and commercial more so that long term residential holds.

Who is Your City? Canadian Edition by Richard Florida This is an interesting review of world economies, and characteristics, and describing why and how some regions become more economically powerful than others; how some regions become "one industry heavy", such as Alberta, or Hollywood. It...

Lee, appraisers are taught to be objective, and will probably not use your list of comps. They have access to all the latest MLS data, which they pull to reach their opinion. If your list contains private sales that the appraiser does not know about, and unless there are no other public sales...

I have a 4plex in Beacon Heights that has had a 3 BR, 1,200 SF apartment, newly renovated, vacant for 3 months. It is located across the street from an elementary school, in a quiet neighbourhood. Rent started @ $1,300, but is not on the market for $1,095. We originally included a garage, but...