Here's a personal example. I bought a single family house with 3 bedrooms and 2 bedroom basement suite with fenced back yard and double garage in Millwoods' Daly Grove neighbourhood in April 2010. On a quiet residential street but easy access to Anthony Henday and Millwoods Centre. My...

For years I'd wanted to do it, but wasn't sure I could. In Italy an athletic friend sometimes leads a trek for four days up and down through mountains and valleys from Piedmont in north west Italy to the Riviera on the sea. 23 km a day. I've been going to the gym three times a week for...

Two ideas to add to agreeing with Thomas and Adam: When you're away from the distractions of your every day life and focusing on your business, in this case, real estate, you get more ideas and the knowledge sinks in more...that's how it is for me. Make sure you go to any networking events...

You don't say what kind of property you're looking to get financing for. If multi-family, read on... In my continuing search for a 10-15 unit apartment building in Edmonton, I've worked with George Hilton of Montrose Mortgage. He's been very diligent, has offered me financing choices for a...

I highly recommend Nanaimo realtor, Cec Wiseman. I bought two investment properties in Nanaimo's Old City area through him in 1997 and 2005 and sold one through him in 2010. He was also my property manager for a few years. He owns investment properties and has been in real estate sales in...

In Campbell River a few years ago, I trusted a veteran commercial realtor from a major real estate company recommended by a successful investor. If I'd followed my usual system of separating myself from the realtor or at the minimum, had visited the local police station as I always did and do...

I've often felt fear. I remember when I did the "fire walk". I was petrified. We didn't have to do it if we didn't want to so I was going to opt out. First we did a lot of practicing in a room and even joked about it to lighten things up. Outside in the line-up by the hot coal pit, I decided to...

A great post! Like you, I see perfectionism as holding ourselves back. It's one of the many symptoms of self sabotage, of doing ourselves in unconsciouly so we don't use all of our talents to benefit ourselves and others. I agree fear is under perfectionism. I think we need to ask...

Congratulations Nik! A huge achievement! I'm sure I'm not the only myreinspace member who'd love to know how you bought over a $1,000,000 of real estate in just over a year. Would you share with us how you did it? What did you do right? What hurdles did you overcome? Kudos to you...

Where is the property? You're in Abbotsford, BC so perhaps it's in BC. If yes, you and the current owner have to follow BC's provincial landlord and tenant laws. If the tenant hasn't paid a few months' rent, has the current owner issued them an eviction notice? Why is the tenant refusing to...

Donna, I agree with the other members who advise hiring a property manager for all your properties, so they can worry about repairs in Sudbury etc. For awhile I did my own property management---not a talent or a passion of mine, and handed it all over to property managers. Focus on what you...

I'm in Vancouver and following Terry Paranych's advice (from the talk he gave at REIN's August multi-family weekend) to look at the multi-family buildings for sale in the Edmonton Journal classified ads regularly. Edmontonians, please tell me if the online EJ version of the multi-family...

Russell, it sounds like you may be following Les Hewitt's goal setting and tracking in his seven life categories of health & wellness, just for me, fun, relationships, business, finance and contribution. Right after the Oct 09 presentation Les gave at the BC REIN meeting on his "Movie Manifesto"...

On the Alberta Nov 30 CD Don said every day he sends Ally articles he reads in a variety of media and she posts them daily on myreinspace. He said it's a 15 minute daily read which sounds great to me. I've searched here n there on myreinspace but can't find them. Please point me in the right...

Would your winter words of wisdom also apply to multi-family properties? I was in Edmonton this week, and walked through a few multi-family neighbourhoods (Oliver, Westmount, Inglewood), noting addresses of properties not for sale that may be a good fit for me. I told a commercial realtor I...

I would wait until I could talk with the building manager to find what kind of tenant he`s been. I`d also phone his landlord previous to his present one, who will have no qualms about telling you all the details, superb to sordid. In December with fewer tenants looking, it`s tempting to not do...

So if I read your post right, I should budget a 20% decrease in rent revenue for each of the four years of LRT construction? Holy doodle! Margaret QUOTE (ThomasBeyer @ Nov 30 2010, 06:07 PM) That`s because there are no "formal"statistics and a wide array of parameters such as: noise, weather...

If the LRT construction takes up to four years, how long would I budget 10-20% lower rents and vacancies? Hopefully not four years! I`m getting a rather wide range of opinions on this LRT disruption question. Thanks Margaret QUOTE (ThomasBeyer @ Nov 11 2010, 07:51 PM) yes it would .. during...

Hi I just asked Brian Cartnall of Superior Home Inspections, an excellent building inspector I`ve used in Edmonton, to recommend some window companies for a 15 unit apartment block. He recommended me these three companies. All Weather WindowsHi, I would like to ask for referrals for a good...

Thank you Brent! If I assume 3 years of LRT construction disruption, how much should I budget each year for vacancies and rent rebates? Since you`re in the PM business, would you know how much landlords along any of the downtown or south LRT lines suffered during construction? What vacancies...