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: -...

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...

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...

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...

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...

Hi all, Apologies for the length of this question. Before I understood real estate, I bought a 100' X 120' R3 lot in Innisfail. This is the real estate equivalent of getting pregnant when you're 16: now I know better, but I'm stuck with the thing so I need to make the best of it. For...

Hello, I am in Calgary. I'm very careful about checking tenants' references, but it's looking like a bad one might have gotten through.(see my post, boasting about how great my system is...eye rolling) This is only his second month in the place. He is currently on a 6 month lease. I self...

Sorry to waste anyone's time, but I have purchased a copy of the LTA and can't find this specific circumstance. I have a signed one year lease with my tenant(I use the 6 page REIN residential tenancy lease) which expires December 31, 2014. They gave me a month's notice and vacated August...

Hi all, I've received a lot of good information from REIN over the years that has brought me closer to my goals, so here's a small nugget that might be helpful to someone. When I advertise a property, I always mention right in the ad that, "please be aware that I am very careful about...

I just spoke with a young couple who are interested in doing a rent to own on a place I have for sale. They're just starting out. He works construction and she will be able to be employed in the next year or so . This is small town Alberta where buyers are few and far between. The purchase price...

Hi there, I have a heated, detached garage in NE Calgary that I rent for $240 a month. The house is rented to a family. A guy wants to rent it and work on his cars-not professionally. What are your thoughts on that? If it did it I would bump up rent to $310 to cover extra utilities and he would...