Looking longer term though, aren't we looking at a deeper more drawn out recession scenario with stagflation as a result. What does this mean? Will there still be demand for what we have and produce? Yes, oil is needed but will the forecasted demand be correct? Not trying to be a pessimist...

With all that is going on in both these areas, what do the implications mean? It seems like noone is willing to step up to the plate and make the tough decisions about letting Greece go bankrupt. They are simply to far gone and we need to let them go. What about the US? I don't know but I...

Hi Wade, When I signed up, it says it is for October 10, is that correct?

It depends on how you are calculating it. Is it cash on cash? Are you including mortgage paydown in it? Is it purely the positive cashflow that is being looked at? Are you looking at the tax advantages as that is one area that one would have to talk to their accountant about. Appreciation?

Can you use it as part of a JV at all?

Is there any way, similar to RRSP's, that one can use RESP money to invest in real estate?

So, just to clarify, there is no law requiring us to give 30 days. Lots of notice is good of course but just want to know our "legal" requirements.

So, just to clarify, there is no law requiring us to give 30 days. Lots of notice is good of course but just want to know our "legal" requirements.

Is there a law in Alberta which states that tenants must be given 30 days prior notice when having a new management firm taking over? I am not aware of anything in this respect. Our current PM says we have to give current tenants 30 days prior notice to having a new PM firm and are seeking...

Just wondering if there is any legislation that requires us to give tenants 30 days notice. Our contract with current PM is 60 days which we knew going into this.

We are switching management companies. We have been told we need to provide 30 days notice to the current tenants. Is this correct? Does anyone have any experience with this?

Which one would you get and why? Which carrier do you find offers the best service and coverage for them as well?

no, it was just most recent data city had, that is all.

For everyone investing in Grande Prairie here is a copy of some recent information (2007) that the city had done for future planning purposes. It shows what they were forecasting the population to be for the city up to 30 years from now and where they foresee the city growing to accomodate the...

I think it is a great idea. We could also just get any other information from the monthly meetings emailed to us so we have hard copies of everything on our computers which would be better. It would also be easier, cheaper ( no trees to cut down to print everything ) and faster for all of us.

Here is some recent information thaty I came across. I thought that all Alberta investors might find it useful when looking at different areas in which they are looking at investing. http://www.edmonton.ca/business/documents/PropertyTax_Final_2010_Final_Report.pdf For those of us in...

I couldn't agree more. If you follow your passions, whatever they are, the money will follow. When we are truly where we are meant to be we will solve the problems associated with it with joy and gratitude and not the "boss needs this fixed" mentality. I will admit that stepping out of...

I couldn't agree more that it is a long process. When we set up our real estate goals last year the goal was to have $5000 a month in positive cash flow within 5 years. That seems like a far off dream right now but one that is still attainable, just maybe a little longer than originally...

Just a story which I found recently which some of you may find interesting. http://www.moneysense.ca/2011/08/23/secrets-of-the-rich-use-other-people%e2%80%99s-money/

Just looking for some thoughts on how much to budget for maintenance for suited properties / single family properties. I read recently that a person should budget 3 - 5 % of purchase price on an annual basis towards maintenance. Some of this would be used to do the more day to day repairs and...