Hello. Mods if this belongs in another section please feel free to move it. We have owned a double lot in a somewhat less than stellar central Alberta town for a long time and are finally looking to do something with it. I'm looking to hire someone who has knowledge and experience to: -...

Caveat: I'm always wrong about predictions, and the following are my opinions, crafted after careful consultation with the voices in my head. Keystone was never going to move a drop of oil. The former POTUS approved it to kill all political/economic will in Canada for a pipe of any consequence...

The lease was in her name. He is Long gone -apparently came back one day to perpetrate an “incident.” I maybe could have figured out a way to evict, but we would have gained little, and it would have just put more stress on her., so what’s the point? She left the place immaculate, other than...

Hi All, I manage 150 units. One of my tenants hit me with a domestic violence certificate. She is using her deposit for last month's rent. Like all my owners, this couple has a mortgage, and are far from millionaires. Now they are being saddled with the costs of utilities(she stopped paying...

I suspect that because a landlord can't evict a tenant for a legal grow op, we all might need to put a clause in our leases stating that growing weed, whether legal or not, is an automatic breach. Interested in what some of the more experienced people think...

Not looking for free advice here. We are looking for paid expertise, which may include a joint venture and/or someone in a consulting role. We own 22 acres - free and clear through a corporation - a few km north of Camrose, on a hiway, across from the auction, near the airport. We are...

Thanks for your opinions, both of you. I wasn't aware that the court people would help walk you through it. Thanks for the law society link. I will check them out regardless of which way I go. Cheers Keith.

Hello, I hope this is an appropriate place for me to post this. If anyone knows a reasonably priced civil lawyer in Calgary that would be great(I only know real estate lawyers) A Calgary home buyer is suing the seller, his own lawyer and realtor, and the seller's lawyer and realtor, over a...

As I understand it, the only way to send oil from 90 to 30 in a few months is to flood the market with the stuff. And the only people who have the resources to flood the market with enough product to cause that drastic a change is OPEC. So in this instance: yes.

I recently had lunch with a friend who's a 25 year oil man. In spring 2016 he lost his small oil company. Even though it's all he knows, he has walked away from O and G. I asked, "what is REALLY the motivation behind OPEC keeping prices low?" The following is not his exact wording, but the...

Again. Point taken. Nobody ever got wealthy by doing a roof or a hot water tank io their own property. There is power in leverage, and DIY and leverage are mutually exclusive. I understand that. But that's a separate issue, and a separate topic. In the context of the comparison between a me...

I do have a job, as does my wife. I look at the overall investment, so I'm considering uptick in price(we have already done a re-fi) as well as cash flow. I never look at one in isolation.

Again, looking after maintenance is not a problem for me like it is for many. So the opportunity loss is slight, if any. And if SFH is a better overall investment, I'm happy do do a roof or replace a hot water tank every decade or so.

Thanks Thomas. I know you've done it all, so your words have weight. I currently self manage anyway, and I can do my own upkeep, and I'm happy to do so, so simplicity isn't my number one concern.

Thanks. Point taken.

I haven't found a big difference either way, but my sample size isn't very big.

This is one of the reasons I'm considering selling. The fees take a big chunk out of my cash flow and i personally get ZERO benefit from condo fees.

I'll keep eyes out for those inspection details, Sharon. Thanks. And Kfort: wow, that is like the most important lesson we all get to learn... Mistake: I took a chance on a tenant once. It was the 11th hour and I was staring down the barrel of a month of empty house. I broke my own rules and...

A whole forum on failures and mistakes would be absolutely invaluable. I don't have the power to make that happen, but I can do this. We've all heard the old maxim, "Success is a very poor teacher," yet there is a penchant for us to want to read only success stories. But I think there's a lot...

Hello all, My question is: given a choice between a town house in a building(with a condo corp of course), and a single family detached(in the same market), which is typically the better long term investment? My wife and I have owned a 3 bedroom condo in Cochrane since 2003, for revenue, we've...