I dont know if others have experienced this as well but over the last 3 years my home insurance provider keeps jacking up rates 20% or more per year. When I ask them why, there answer is always the same story of how its because there are more people making claims. I find this hard to beleive...

Just wondering what others think about Garth Turner. A friend of mine is really into his predictions and wondered what I thought. Now that I have read some of his book "after the crash" I see he has a pretty bleak view of the future of real estate. any thoughts?

Unfortunatly I cannot look at the PDF file cause im not a memeber but thanks for the reply`s. I feel that I have the best property manager and they are doing amazing dispite the rental market. I have had to lower rents and and pay for the remainder out of my own pocket. dispite what grande...

I bought in Grande Prairie in mid 2007, Right when Rein was praising it as its number 2 town to invest in. Since then I have experienced price decline as well as rent decline and now have to subsidise the mortgage. (even though I had bought a "good deal")My only Issue is having paid thousands of...

QUOTE (Millions @ May 18 2010, 06:36 PM) Yes I know what you mean. the references did seem to check out. I called them all as people looking for jobs and what not to make sure it was not phony. My main problem is desperation. One months vacancy is one months salary for me. So its a very...

thanks for all the imput...and also for the tax stratigest reccomendation.

QUOTE (ThomasBeyer @ May 6 2010, 05:49 PM) claim some CCA (aka capital cost allowance aka depreciation, up to 4% of property value annually excl. land value) Hi and Thanks for everyones imput. I dont know if my accountant has been depreciating my properties every year in fact I didnt know...

I just did my taxes and I owed about $900 dollars...apparently my rental properties are making to much money even though im breaking even on them. Does anyone know some good tax strategies so I can plan for a tax return next year? Is it possible to have my wife start a company that does fix it...

Yes that does sound reasonable...I hope you are right. I do think when I buy again I will stay away from longer term mortgages and stick with 1 or 2 year terms.

Im no economist but I am wondering how high interest rates will go in the next few years. I always thought that they cant go that high because our dollar will be to strong and hurt exports and manufacturing. My guess is that a 5 year will move up to around 7% in the next few years Other ideas...

Good article on the price of oil in 5 years. This sounds hopefull for anyone who owns in northern Alberta http://www.guardian.co.uk/business/2010/ap...oduction-supply

I have a very wise uncle who has made his millions in real estate. I had asked him if I should invest outside my area in another province. he had told me not to since i was quite new to the real estate game and it is best to invest in an area that you know and can take care of things if any...

QUOTE (ThomasBeyer @ Dec 28 2009, 09:39 AM) depends on your definition of "few" .. of course if you joined in 2007 at the peak and you heard values will be higher in 2009 then your expectations were not met .. but they WILL BE HIGHER in 2012 from 2007 .. and some areas in some towns will be up...

I was a Rein member and have let my membership run out Here is my take. Rein is great for networking, Information on how to buy, run a rental property and meeting other like minded people. Rein is not good for predicting where values will go up in the next few years.

QUOTE (TerryF @ Aug 3 2009, 06:28 PM) I`d call B.C. Gov. Residential Tenancy Branch or go to their website and get the Fact Sheet RTB-114: The Dispute Resolution Process (PDF). If you did your due diligence when you first rented to her (eg. application form, checked her references/previous...

the tennent refused to pay rent the last month of her tennancy told us we could keep her damage deposit as rent. we told her this is not possible so for the rest of the month she refused to pay rent and then left us with a mess that cost about 600 dollars to clean up... is it possible to send...

oops somthing isnt working here....anyway Oil has been up for the last few months, but where are the jobs??? Oil anylists have been saying it should be from 50 - 70 $$ per barrel. Yet in Alberta Jobs are leaving average wage is declining as are rents and realestate prices. The goldmine...

<H1 style="MARGIN-TOP: 0px">Vacancy rate through the roof: 8.5% mark highest in the province </H1>REMO ZACCAGNA - Herald-Tribune staff <H5 class=grey>Posted 2 hours ago</H5>During the gas-drilling boom of 2005-06, finding an apartment in Grande Prairie was next to impossible. But no longer...

QUOTE (wgraham @ Mar 25 2009, 08:32 AM) The federal government won approval Tuesday afternoon to quickly start pumping $3 billion into Canada`s sputtering economy after the Liberals dropped an earlier demand for advance details of how the money is to be spent. The special stimulus fund was...