QUOTE (nepoez @ Nov 22 2008, 12:39 PM) Hi, I`m basing my cash flow on income minus any expenses caused by an acquisition. That includes the interest from my down payment paid with HELOC. Hi nepoez, If you are looking for property which will cover your interest from your down payment paid...

QUOTE (joe123 @ Nov 21 2008, 09:50 PM) Just wondering if anybody knows what the new home builders profit margin is now? I`m guessing they have to be getting close to giving the homes away at cost? Or are they still raking in? Just wondering because I feel if the builders have to raise prices...

QUOTE (nepoez @ Nov 21 2008, 10:17 PM) I would start writing offers left and right, but for those that I looked at to work I`ll be writing offers at 30% below asking price! Is that a good idea? Thanks, Nepoez Are you basing your cash flow calculations on 5% or 10% down payment and 25 year...

QUOTE (EdmInvestor @ Oct 28 2008, 08:22 AM) Hello fellow investors, I`m looking for some help. Can anyone give me suggestions of where to purchase scratch/dent appliances in Edmonton. Specifically I`m looking for a washing machine. This is going in a rental property so functionality is most...

QUOTE (Lucas @ Oct 28 2008, 09:55 PM) Hi all, I have a house. I have a buyer. I want to sell my house to this buyer. The buyer does not have enough for a downpayment on the house but has been pre-approved by a mortgage broker and qualifies to purchase my house. The buyer has exhausted all...

QUOTE (investmart @ Oct 10 2008, 09:20 PM) Thanks Brett, you are right it is the same property with issues outlined in the post I made the other day. The situation is a little unique and in order to be on the safe side I decided to amend the offer so it still includes a financing condition...

QUOTE (judi @ Oct 8 2008, 10:57 PM) Hi everyone! I am in need of a plumber and went to the Resource Section to find only one name for Edmonton. Aaron Kreb currently is listed with an inactive number. Can anyone help me by providing a new number or another referral please. Thanks, Judi Hi Judy...

QUOTE (MarkTorgerson @ Oct 8 2008, 06:25 AM) I have been working on a deal on a large multi unit building. I found the property, I`m curious to everyone`s thoughts... Thanks Mark Hi mark, Can i ask how you happened to find the property? Was it through utilizing your realtor`s website? Was...

QUOTE (Nicola @ Oct 1 2008, 10:56 PM) Hi Sam, Sounds like a great idea. How do the tenants react? Has anyone ever agreed to option 2? Nicola Hi Nicola, They`ve chosen either 1 or 3. The reason for the higher rent for option 2 is that , in Edmonton, they can give 30 days notice to end their...

QUOTE (thomasbeyer2000 @ Sep 27 2008, 10:24 PM) Essentially, since you have to give 3 month notice to terminate, you tell them in month 9 that their lease is ended in 3 months and give them a new lease at the same or different terms as an option. Hi Thomas, Is this correct in Alberta? My...

QUOTE (smack123 @ Sep 2 2008, 10:48 PM) Okay... here are the details: Here are ny numbers: 1. $1122 Monthly Mortgage payment (Mortgage remaining - $167k) ($1122 per month @ 4.4%, 2 years left) 2. $ 80 Insurance 3. $ 145 Prioperty Taxes 4. $ 196 Property Management (11% of gross rent) 5. $ 140...

QUOTE (Brianrpaul98 @ Aug 30 2008, 10:34 AM) Hi, I have 3 new-built detached houses for sale in a smaller centre that are side by side by side on the same street. The question we are struggling with is whether to have one Realtor handle all 3 sales, or divide it up between two or even three...

QUOTE (Brianrpaul98 @ Aug 30 2008, 10:34 AM) Hi, I have 3 new-built detached houses for sale in a smaller centre that are side by side by side on the same street. The question we are struggling with is whether to have one Realtor handle all 3 sales, or divide it up between two or even three...

QUOTE (Brianrpaul98 @ Aug 30 2008, 10:34 AM) Hi, I have 3 new-built detached houses for sale in a smaller centre that are side by side by side on the same street. The question we are struggling with is whether to have one Realtor handle all 3 sales, or divide it up between two or even three...

QUOTE (nepoez @ Aug 9 2008, 10:26 AM) Hi all, I'm mostly concentrating in town houses in Edmonton. I see quite a few nice units at good prices now but many have wood burning fire place. I've been told be a PM that fire place scares him so I've been staying away from those. What are your...

QUOTE (TommyK @ Aug 8 2008, 12:43 AM) Sam, My investment focus is on apartment-style condos. I particularly like this because they are hassle and maintenance free. I understand that townhouses are like this as well, but I have concerns with 30-year-old townhouses that require reno works. I am...

QUOTE (TommyK @ Aug 7 2008, 12:51 AM) This is an interesting topic as I have been struggling to find apartment-style condos in which condo fee DOES NOT include water/heat .For those of you who invest in apartment-style condos, do you focus your effort on condos that DO NOT include water/heat in...

QUOTE (Ian @ Jul 28 2008, 06:14 PM) Hello all: I am looking at buying a house and renting both floors. I am aware that some investors charge a higher rent but pay the utilities and some charge slightly lower rent and have the tenants pay the utilities. Any advice as to which one to choose...

Hi, You can probably let them know that you will be amending their Tenancy Agreement to read "Tenant agrees to cut the lawn at least once every 2 weeks. Should the tenant not cut the lawn on a regular basis, the Landlord may have this work done by a different party, and the cost will be borne...

Hi everyone, One of the frustrations of renting out a place is having "no shows". I found this comment by a landlord on Rentboard.ca. It undoubtedly reflects the frustration some of us have felt about this process. "If you have no intentions of showing up to a viewing appointment, don`t...