Congratulations Dave! You went right home after Don`s nudge and took action! Bravo! Your success is a wonderful reminder for me. During the Olympics in Vancouver I met Carlo Freddi, who owns the Freddy company that makes the clothes for all the Italian Olympic teams and other athletes and...

I`ve spoken with a Calgary couple who own a 10 unit rooming house in the Macauley area of Edmonton. They`ve worked hard on it and now have nice, quiet tenants but don`t want to self manage it because of the distance. When they talk to property managers in Edmonton about managing this property...

Despite my Googling on the proposed new Edmonton Oiler stadium on the edge of downtown Edmonton, I can`t get clear on if the stadium is really going ahead. The funding is up in the air. The location isn`t definite yet. Does anyone have other info on the exact location and if it will really go...

A thought provoking question! I love these kinds of discussions. For me, well being is multi-faceted. Physical: are you eating well and eating healthy, are you getting exercise to stay strong so you participate in sports or outdoor activities you enjoy? Relationships: do you have close...

Over the years, I`ve had my ups and downs (more downs than ups) with financial planners. Now I avoid commission based ones or those who collect "trailers" from mutual fund investments. They have a conflict of interest between maximizing their income vs maximizing mine. Now I pay a percent of...

Hi Rebecca What kind of good cash flow listings are you seeing in Edmonton? I`ve been looking for small multi-family buildings like a 6 plex and none I`ve analyzed cash flow. Expenses are too high compared to gross revenue. Thanks, Margaret QUOTE (RebeccaBryan @ Nov 23 2009, 05:09 PM) I`ve...

Can anyone recommend a realtor for small multi-family properties in St. Albert? I`d like to look there. Thanks, Margaret www.italycookingschools.com

The operating expenses are over 50% of gross revenue, so you may find that a lender won`t give you as high a mortgage as you wanted. I spoke to a commercial lender on a multi-family building with a 52%expense to gross revenue ratio. He said lenders want to see expenses at a maximum of 40% of...

Congratulations, Carla! I watched your video and echo everyone else`s comments! A fantastic interview! I also liked how you told some personal stories behind some of your Do Not and Do photo examples to really bring them alive, like the artist who wouldn`t clean up until he looked at your...

Congratulations on your big achievement! I visited your web site and was awed by the "do and don`t" photograph examples. I learned something just from those examples! Like you, I love taking photos and writing. On TV you`ll do great if you`re just yourself and add a few personal stories...

What about contacting some of the employers in Kimberley who take on staff for the winter ski season so you`d rent it to people working on the mountain or in town in winter seasonal businesses to get it rented for the winter? Good luck, Margaret ww.italycookingschools.com

As the English poet, Elizabeth Barrett Browning (1806-1861) said, "How do I love thee? Let me count the ways." REIN, here are some of the ways: 1. Us Vancouver area real estate investors buy properties not only in BC but also in Alberta and beyond. REIN gives us research so we know where to...

Congratulations Don! In a short time you applied what you learned through REIN, spearheaded the creation of our Master Mind Group, networked to get a good team around you and kept going despite your fears and the inevitable ups and downs in buying your first property. Bravo! Margaret...

You`ll need to make sure that the renovations are extensive enough to necessitate the tenant moving out, on a big enough scale so the tenant couldn`t still occupy the unit while you were renovating. Do some research on this. Otherwise, you might get into a conflict with the good, old...

First, I wouldn`t rent to anyone I had not met face to face---all parties who will occupy the unit. I don`t care how nice one of the people seems on the phone. They or the other renters may be quite different in person. They should also see the unit before renting it. It may not be what they...

At this fabulous, fabulous weekend, I decided to go with the flow, to sit at a table close to the front each day and eat my sandwich with whoever was at my table, knowing that a "right" person would be there. Sure enough, I had some great learning conversations! Thanks, Sherilynn for your...

I have an existing post in the BC property for sale forum and want to add some photos. I tried following the instructions about adding an attachment, but no success. I`m no techie. I couldn`t find where to click etc as per the instructions. Thanks!

I`d like to add 15A. If your first property is near your home, like mine in Vancouver, manage it yourself for a short time so you appreciate all that property managers do for you and go through. From then on, hire a property manager and treat them very well because as you`ll discover, they`re...

Hi Ed Like me, you have a good heart so I can appreciate where you`re coming from. However in my experience of owning multiplexes, single family houses and rooming houses, I found people like those you`re describing usually cause a series of problems to the landlord because something is always...

I agree with other members advising to postpone buying your principle residence. I`ve always rented my principle residence and invested in real estate. Years ago a financial planner told me this was the best path. Recently a wealth manager told me studies that added costs and equity gains of...