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  1. retiredby50

    This Year I`m Going to...

    This year, I`m going to: Sell my one `dog` property, hopefully to the current, excellent tenants. Refinance my `corvette` property to take out some cash. Get some financial things in place to get further access to capital. Buy one cash flowing property in a town I already have picked out...
  2. retiredby50

    This Year I`m Going to...

    Recent negative posts have got me thinking. There are two ways to look at the current economic situation, and there`s far too much negativity floating around out there, and, sadly, in here as well. Rhett Butler said something to the effect that there are two times to make a fortune, one being...
  3. retiredby50

    Garth Turner: Modern-Day Prophet?

    You`re quite the harbinger of doom there, aren`t you Jack? You might consider a new signature line: "And to add to the bad news, some day you`ll be DEAD!" (gleefully rubbing my hands together) Man I hope everybody reads this stuff. The more people do, the more prices will plummet, and the...
  4. retiredby50

    Best Way to heat a basement

    I`d be asking the city of Calgary EXACTLY what they want. This kind of reno is what I do for a living. I did one a year ago in Cochrane, and all we needed to do was to keep the furnace blowing to the basement, as well as upstairs, and install electric baseboard heat in the basement, with...
  5. retiredby50

    Projections for 2009

    I`ve been listening to the CD,s and if I`m understanding Don correctly, the information was telling us that 2008 would be a down year around here, which has proven bang on. I also seem to remember him saying that 2009 was expected to take off again and be a growth year. I believe that was said...
  6. retiredby50

    Amusing Tenant Inquiry RE Pets

    Hey Sherilynn, Keith here, I believe we met at Quickstart Calgary(the guy staring off into space. he he) Anyway, I know it may sound crazy, but other than the flaky nature of this person, i think there is opportunity in pets, especially if you have hardwood, or laminate floors. I tell people...
  7. retiredby50

    What questions to ask a realtor?

    Absolutely top drawer stuff! Thanks for the input so far. This would make a good sticky once the list is complete. (HINT HINT) much appreciate the feedback folks Peace Keith
  8. retiredby50

    Renovations

    I do renovations, and I have probably installed most of the options. As well I have a few rental properties. Living rooms, hallways, bedrooms- a decent quality of laminate. It is true that if a water issue goes unadressed it can cause a problem, but if you tell your tenants that they need to...
  9. retiredby50

    What questions to ask a realtor?

    Hi All, I`ve been looking through my "REIN Gear," and I haven`t come across this one: So let`s say I`ll be interviewing realtors to begin to build a team of good people, to our mutual benefit, with respect to my real estate investing. I`m wondering what questions I should be asking? The two...
  10. retiredby50

    A good Red Deer Realtor

    Hello all, I`m looking for a good realtor in Red Deer area. Unfortunately nothing came up in the search. I have a large, R3 (multi family) property, and I need someone who understands how, and to whom, it ought to be marketed. I don`t want someone who will just look at it as a single family...
  11. retiredby50

    The world 2010....a different perspective!

    QUOTE (seeu22 @ Apr 29 2008, 02:14 PM) Hi Guys, Throwing this out there for discussion.........No flaming please Summer of 2009 a scientist from the International Committee on Climate Change proves that Global warming is indeed tied to the consumption of fossil fuels. Governments around the...
  12. retiredby50

    Bounced rent cheque

    Ahhhhhh, I guess I should have been more clear about this. I`m in Alberta. Hence my inability to find any such thing as an N4 in my Alberta Govt. information. Still good info for you Ontarioioians who might read this. Taa Keith
  13. retiredby50

    Bounced rent cheque

    This is the second reference to an N4. I cannot find any reference to it in my REIN information. All I could find is that paper we got at quickstart, which is the `Consumer Tip Sheet` from the Government of Alberta. I could not find any reference to said document in there. In fact, that...
  14. retiredby50

    evicting tenants

    Wow, you`ll certainly be an expert by the time this is all done. All the best. Keep us posted. Taa Keith
  15. retiredby50

    44,000 Construction Jobs Created

    What I want to know is: Where on earth are they all going to come from? Egads, do they think they can just go to the freezer, defrost 44,000 of them and SHAZAM? I suppose there are a bunch of ex-GM workers that might need something to do, but even that`s a fart in a hurricane. I fear we`re...
  16. retiredby50

    Bounced rent cheque

    Thanks guys. Hey, Rebecca. You had your own nightmare when I talked to you a while back. (extra people living there, drug deals going down, and such) How did that turn out? If you told the story I missed it. Taa Keith
  17. retiredby50

    evicting tenants

    Hey Donna, Like you, I'm pretty inexperienced with this sort of thing. I was having problems with a tenant bouncing cheques and lying to me repeatedly. Fortunately I finally got smart and hired a management company. The beauty of that is that they are completely objective, have no emotion...
  18. retiredby50

    Bounced rent cheque

    Hey All, Well, it`s now June, and here is the update on my situation. After I talked to you guys, it all got interesting. I decided to go there(Innisfail) to collect the rent from my tenant, S-a-n-d-y=W-i-l-t-o-n. I showed up at the door, and her mother, who I think was living there, but...
  19. retiredby50

    Bounced rent cheque

    Hmmm, I`ve tried o respond twice to this post, and it`s not taking. Rebecca, et al, Thank you for your candor. I think you are all bang on on your assessments that I`m being played for the patsy(As Warren Buffet says, if you`ve been playing poker for 20 minutes, and you don`t know who the...
  20. retiredby50

    Bounced rent cheque

    Hey all, Thanks so much for taking the time to offer up your expertise. So I was reading all my REIN information, and my Alberta Residential Tenancy Act, and everything else I could get my hands on. I`m still a bit confused, but a little more educated. So she said she would get a bank draft...
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