Do we have to explicitly state in the lease that smoking is not allowed inside? This is sort of common sense now and how a presiding judge rule on this matter in Alberta?

Anybody ever purchased land through some mortgage syndicates or MICs? I purchased about 5K to Canadian Horizons to develop some land in BC Sooke in 2008 along with other investors. They were going to develop the land, hold it, and hopefully sell for more then initial cost. Now in 2021...

Are you thinking of increasing fees or rent as a result of the new garbage bins and collection method in Edmonton? Will this work for tenants , especially in main floor and basement settings where the garage is typically very messy. With collection in two week intervals, I"m sure two sets of...

Hi, a tenant had a one year lease and it expired on May 1, 2019 (fix leased expiration date). However, in early April , a lease extension was signed to resume another year, May 1, 2019 to 2020 (fixed term). However, on April 24, 2018 the tenant provide proper notification to cancel the...

Hi, I have a conditional order from the Alberta Residential Dispute board. However, if tennat leaves on Nov 1 and calls me that they have already left, is the tenant still required to provide at least 30 days before moving out? Obviously the damage deposit is the thing in question. I...

When using a PM, do you feel there are gaps? How do you deal with : a) the need to do more initial assessments, or investigative work, before calling service people. Surely we can't call service people at every chance (ex. Microwave is not working, furnace is not working, leaking faucet...

Does anybody have a good reference for an electrician, a person that can pulled permits and have done secondary suites? thanks. Kir.

When doing credit report, you do use Equifax or TransUnion and do you obtain the FICO score as well? I pulled my own history using both Trans Union and Equifax and both credit report are the same. Equifax has some details on ATB debts, but Trans union didn't. This about was the only...

Conclusion From the a recent EIA report: "The IEA in its World Energy Outlook 2012 is predicting that fossil fuels will dominate the energy sector through 2035 and that the United States will become the world`s largest oil producer by 2017, overtaking both Saudi Arabia and Russia. The IEA...

Has the rules for mortgage renewals change recently, where the 25 year amortization is the only option? I just did one with Scotia, and the term has to be 25 years. Previously, it was 40 years for me. I thought the amortization would be grandfathered, or stay the same. Kir.

Does anybody have any experience with mould removal? I had an inspection done recently, there is some mould on bedroom ceilings (2 bedrooms and 1 bathroom). However, the extent is unknown until they take samples. They did a thermal imaging and saw something. The work done by the...

Have you ever installed a whirly-bird for attic ventilation? I have a quote to install 2 whirlybirds for 900 bucks? Seems rather high. Kir.

Hi, For those that are after tenant buyers in Edmonton, What's your average wait time to find such a buyer? Also, would you leave your property vacant? I'm curious to see what the wait time would be for a house that is around 450K on the southside (2-3 years old). I guess I can always...

HI, I'm using the Ufile software and have never dispose any rentals yet. This will be my first rental that I sold, out of 5 rentals still remaining. When dealing with the software, there is a question , "Did you dispose the assets in this class? " What does this mean? There is suppose to...

Hi, we have a court Judgement for a renter who were evicted by the bailiff just recently. After applying for a Writ of Enforcment, Is it possible to collect (ex. 50 dollars a month for the next 24 months) from their social services subsidies (ex. AISH or from Alberta Works subsidies)?? Does...

Hi, If I lease a commercial building , ex. with a monthly rent of 20K, what would the agent involved be collecting in terms of commissions? How is it usually done? Thanks, Kir.

HI, Do you think HELOCS will be back at the prime rate only and not Prime + .8% ? Thanks, Kir.

Hi, Does anybody know what the big deal is about getting a bailiff? For example, the minimim fee is 750 for using Consolidated Civil Enforcement Agency. I hired them last week for 1 hour and all they did was go to the door to serve the papers (less then 1 hour). This is pretty good pay for...

I believe I ran into an article about the conversion of the old Mayfair hotel into a rental units , over 15 floors (200+ doors) It`s suppose to be affordable rental units as well. So assuming if this is true, then we have construction of new apartment units. I always thought the cost to build...

Hi, Minor flooding in one of my condo is likely to result in about 1500 damages (estimated carpet replacement for about 475 sq.ft.). Walls are OK and there is no need to redo any drywall since it seems very dry. If my deductible is 1000 dollars, would it be wise to proceed with a claim? This...