Personally this is one that WE like to rent to...we do not consider them high risk, and although we only have two "currently" in this situation, we have had many in the past. We have never had to be a social worker or deal with any other problems relating to their own "personal" issues. I think...

QUOTE (invst4profit @ Mar 17 2009, 08:18 AM) Too high risk. Potential professional tenants. Recently separated leads to two possible situations, violent X doing damage to apartment or tenant leaving apartment to go back to spouse (very common). Totally disagree with this. Two of our...

QUOTE (RJPurvis @ Mar 1 2009, 11:22 AM) Yes, Greg had a special offer he presented at the last Calgary REIN meeting that was only available to the Friday of that week - not sure if he would still offer that REIN price or not. I took him up on it so I`ll be there. If you are looking to go for...

QUOTE (TomB @ Mar 1 2009, 12:27 PM) I`m interested in signing up for a credit monitoring service. There are a few out there and just wondering if anyone uses them and which ones are recommended. A lot of personal information is requested on line. If the service isn`t legit, it is sure an easy...

QUOTE (ARBenison @ Feb 17 2009, 06:08 PM) I am presently working on a deal for my 4th property and I have read the REIN books. I thought the 110% rule was fantastic and all my propertys fall in this category, I mentioned it to my current mortgage broker and she has never heard of it, and noone...

Hi Martin, I am not sure where you are sending the post from....and that can play a bit factor in regards to what you may need to do in order to be a legal duplex. I have a bit of experience with duplexes and I believe that you would need a fire barrier between the two units. Exits are a big...

I have always enjoyed listening to Greg speak when he is at REIN meetings. I find that he is full of incredibly usefull information. Not just selling something. And I appreciate his offer to refund the registration fee if you take action in the next year. For that reason I enrolled today. When I...

I definately agree with David. I have seen clients with differences in the triple digits between Equifax and Transunion. Some lenders and credit companies report to both, some just report to one. Always good to know that both bureaus have been looked at for identity fraud. Mark on your calendar...

QUOTE (Rascal @ May 19 2008, 12:56 PM) Is anyone investing in Drumheller? Any information that you could give me on the market there would be helpful. Thanks. As Sonia had mentioned above, my husband and I have invested in Drumheller for sometime now. The "boom" has already happened here a...

QUOTE (konechny @ Jan 3 2008, 09:00 AM) thanks for the idea, I had not thought of that. I wonder what a person could charge for rent for truck storage Try going on that "rentometer.com" that Russel talks about. I don`t know how much it will have for the Cold Lake area but it is worth a try. I...

QUOTE (LizHaywardRealEstate @ Jan 3 2008, 11:17 PM) Does anyone use Simply Accounting for recordkeeping? My understanding is that accountants prefer it because of the tracking system. Information cannot be accidentally deleted. I started using it because my accountant uses this system, but I`m...

QUOTE (Torg @ Dec 2 2007, 09:51 AM) I was away for a couple of days. Thanks for everyones response. I will take the advise to heart. Just to answer a couple of the questions; The tanks were indeed removed 30 years ago when this building was constructed. The price reflects the environmental...

Congratulations Owen! You must be so excited! Keep that momentum going!

My suggestion to you would be this: if the vendors are motivated then I would right it in the deal that the vendors are responsible for a clean phase II environmental. Most anyone else that approaches them to purchase the property would be in the same position as yourself. And they know it. I...

I have never done this personally, but my father looked into this. I believe he had to have a qualified approved inspector come out and assess the property. He was given a detailed list of what needed to be upgraded to be energy efficient. The cost was $100 and he could claim that cost back if...

QUOTE (rehlein @ Nov 26 2007, 03:07 PM) I am ready to get started in real estate investing.I live in Maple Ridge BC, but am willing to be guided by other comments as to the best place for me to start (BC or AB).My major challenge is the choice of investing: single family or multi family...

I have been a REIN member since last spring and I can very easily say that REIN has helped pay my dues for the next 10 years+ already. Whether it be information or networking, you will get it here. Regardless where you are, REIN is a fabulous resource to have. I had purchased properties prior to...

QUOTE (timk519 @ Sep 20 2007, 02:50 PM) This is a common scam - for instance if you`re selling something on Ebay - an "overseas" buyer offers to send you a certified check for $x + 4000 to cover the purchase price, shipping etc. You`re supposed to ship the product, pay for the shipping with the...