Thanks for all your insights which really help me to clarify this issue. So far, I`ve done all the legwork, finding my own properties, supervising property managers etc. Like all of you, I know only too well the long list of tasks to be done and risks run. And I`ll continue to do so! Margaret...

Someone, who doesn`t benefit from what type of investments I make, suggested I buy shares of high quality real estate companies instead of the actual real estate. I said I`d made far more money in real estate investing than I ever had in stocks and besides that, you had leverage working for...

Congratulations on your personal growth success and your real estate success! Your comment on focusing on who you want to become, bettering yourself in your core and then seeing the "outside stuff" manifest is a good insight for me. How did you build your portfolio of 9 properties in 3 years...

Hi Adam Congratulations for getting your new web site up and for asking us for feedback too! I`ve gone through many versions of our web site, so am happy to comment on yours. I like the simple, easy to use layout. I like the logo, very clear and with the house over it to a convey real estate...

I phoned the City of Edmonton zoning office today and gave them the zoning of properties I liked the look of for possible basement renovations. RF1 and RPL (planned lot residential) were the ones I asked about and they said were OK for legal suite development. Just phone with your zoning info...

To get the grant, you have to agree to charge rent that is 85% of CMHC`s average rent for five years. Plus there are criteria, which I don`t recall now but that on the City of Edmonton website in the secondary suite section, for tenants you can rent to. Their income can`t exceed a certain figure...

Hi When I owned two four plexes in Edmonton, my long time commercial realtor and I always checked the zoning to make sure all suites were legal. You could call the City of Edmonton as a general inquirer and not give your name or the exact address, just the street intersection to make sure...

Hi Don Francesco Ristorante on Burrard Street near Robson has a separate free room that seats about 30 people. You may have to consume some wonderful Italian food though to get the room for free. Just a delicious thought! Ciao for now Margaret

Hi Congratulations on getting your site up and running! A big achievement with lots of work behind it. I`m a non techie with a tour web site for a long time. As an investor, I`d like to know more about your track record...how long have you been investing in real estate, what kind of real...

Hi Terri Like other posters have said, a very nice site visually! I love old houses! For your headline for finding tenants, I`d rephrase it in a more positive way, "Looking for a hip, modern apartment home in Queens West? The rest of your text runs fine after that. I suggest changing the...

Whether you have financing or not is irrelevant. You must have insurance against fire or other destruction of the buildings, negligence and loss of revenue. Think of your huge losses if these houses burned to the ground and you had no revenue or someone sued you for all you`re worth (or more)...

Hello! I`m looking at an Edmonton half duplex with an illegal basement suite. What has been your experience with illegal basement suites in Edmonton? I have to make sure the basement suite is well maintained and safe, not a hovel where tenants would have trouble getting out in a fire. What`s...

Hi In Edmonton I was very happy with my commercial realtor, Brian Macdonald of ReMax at 780-462-5000. He`s been in the business for about 25 years, knows his stuff, is very professional. I dealt with him on 3 purchases and sales. Good luck, Margaret QUOTE (JeffU @ Aug 18 2008, 03:04 PM)...

Hi Drew Congratulations on your Power of Focus success in making so many big, positive changes! Obviously you put a lot of work into the program over some time and were totally committed to learning and using its strategies. Thanks for letting me know about it via the forum. I`ll keep it in...

Hi Years ago I took a realtor to small claims court in BC in more clear cut case of negligence in handling a sale of a house I had tenants in and the new owner wanted to demolish the house. The short story is the new owner and I waited six months for the tenant with extortionist tendencies to...

Hello Mike Congratulations to your parents and to you too! A 50th wedding anniversary and buying 17 properties are huge accomplishments for your parents and those around them who supported them on their paths. It sounds like you`re part of a dynamic, action taking family team that...

Welcome to the Wet Coast! I loved your presentation on selling principles this week in Vancouver. Your remarks about 35% of the sale being tied to self image and 5% of it tied to knowledge really struck home and will really help me this week in Edmonton when I make a presentation to the Alberta...

Hi Ross Fullbrook at Wheeler Cheam Realty in Chilliwack did an outstanding job for many years managing my Chilliwack duplex. Phone: 604-792-0077. Ciao Margaret

Congratulations Amadeus! Great news about your first Edmonton deal! For past fourplex purchases and sales in Edmonton, I`ve used and recommend Edmonton lawyer, Barrie Touchings at 780-429-2771. He`s thorough, knows his stuff and is very nice to deal with. You need to use an Alberta lawyer...

What kind of property are you looking for? If you`re looking for a commercial residential property of 3 or 4 units or more in Edmonton, I heartily recommend Brian Macdonald of ReMax in Edmonton at 780-462-5000. He doesn`t know the individual townhouse unit market. I`ve bought and sold three...