A number I heard somewhere is that each letter is considered to represent 5,000 people.

That is good news. With rising occupancy rates and populations, I think we can expect more cities to follow this model.

Here is an update on what is happening. I tried jumping through dozens of hoops to save this. However, foreclosure seems to be the only option now, with the court hearing scheduled for the end of July. You investors who want a good 4plex in NE Edm, keep your eye on the MLS next month. NOW...

Mark Warkentin, a REIN member, lives and works in Abbotsford. You can find his contact info in his profile. Rick Ledding is also a REIN member, I think. He works for Thompson & Elliott in Vancouver. Either could give you good advice on this topic. Let us know what you find out. Many of...

Rather than get into the argument about whether your decision was racist or not, simply stick to your line that you are choosing another applicant. You do not need to, and should not under any circumstances, justify your decision. If the applicant is offended by the rejection, the conversation...

Now that I know about the Special Assessment, I agree with the others. It is time to find another property.

Hi Hanna; One option is for you to buy with an Agreement FOR Sale, whereby you make the payments on the property for her. You can then market the property, either as some form of rental, or sell it to make your $25,000 profit, less closing costs. If she is willing to borrow $10K to pay down...

I would also go through the property as part of your move-in inspection, taking photos as you go. Be sure to include the tenant in some of those photos. You then have documentation of the condition of the premises at move-in. Keep the pix on a CD somewhere safe.

Being a landlord, you need to know the Alberta Residential Tenancies legislation, AND understand it inside out and backwards. I could give you the answer in one sentence. But, you won`t learn as much as when you go looking for the answer yourself online. Google Alberta Residential Tenancies...

I was a member in Halifax for about 8 months... as a Realtor. It did not make me any money.

There is HST on commercial buildings. However, by filing a certain document with CRA, that HST is deferred indefinitely. You need to get more information from a real estate accountant or lawyer.

This is a question that should never be asked of anyone, except one with whom you are about to marry. Don`s net worth, Larry`s net worth, my net worth is of importance only to us, our lender`s, and our families. But, for those inquiring minds who really want to know... it is probably much more...

I am not 100% sure, Matthew. But, I beleive only members can post docs and spreadsheets, etc. in the members` section.

Wade, I have also been using A La Carte for the past 7 or 8 months, and am very pleased with the service I have been getting. In addition to the tenant placement, Jared also gives incredibly good advice when it comes to the management of the property. The office staff is always friendly and...

Not ALL new homes, Thomas. I do not know the formula, and have been trying to find it online, without success. There is a scaled rebate. And you are correct. There was no PST on new homes, which I forgot about. But, the question was about used homes. But, let`s put all of this in...

I am a Nova Scotian, who just happens to live in Vancouver. When HST was introduced to NS about 20 years ago, there was the same hue and cry that everyone`s life and standard of living would be negatively impacted, that people would stop buying real estate, stop going out for dinner, buying...

In another thread here, I outlined an experience I am going through with a "troublesome" property. One of the lessons I am learning from this experience is that I gave up my day job WAY TOO EARLY. It was one of about 6 factors, all arriving at the same time, that have come back to bite me in...

There is one other very important lesson for me here. I replied on my meager real estate holdings to provide the income on which I have lived for the past few years. I gave up "a day job" way to early, thus giving me no way to finance or pay for the needed repairs. This is the one area of...

I appreciate everyone`s comments. My options have become very limited. I may be able to protect the balance of my portfolio. But, there is no guarantee. My reason for starting this thread was to issue a hard learned warning that our portfolios can come crashing down if we do not take steps...

Thanks for the advice, Pheenix. I think you nailed the Sellers perfectly. They seemed rigid from the very start. I cannot read them because they have not responded to any of the suggestions I have made that makes this a win-win. They have not communicated with me in anyway. I have no idea what...