We have a property where the tenant pulled a midnight move and left some fairly extensive damages to the house (ie. burn holes in carpets, holes in walls, marker on walls etc). I had heard from someone that this may be covered by insurance, but after checking with my broker, it is not...

Hello quick turn gurus, I have an opportunity to buy a property for what is owed, with approx 15-20K in equity. Their mortgage is up for renewal in April 2014 and they have a huge payout penalty if they sell or break the mortgage early. So I was thinking of proposing an agreement for sale...

Hello all, I am looking for some feedback: 1) For Buyers and Sellers: Have you used, or considered using a discount or flat fee realtor to sell or buy a home? If so, how was your experience? 2) For Realtors: What are your thoughts on these types of companies such as 1% Realty, 2% Realty...

Hello fellow investors, I am looking for some feedback on a deal that I came across on a 12 suite apartment building in Regina, SK. Here is the story and details of the deal. I came across a 12 suite apartment building in a C area that has been condemned by the city (due to poor mgt...

Hello fellow investors, We have come across a pre-foreclosure townhouse condo in Kimberley, BC...close to the golf course and about a 5 minute drive to the ski-hill. It sounds like we could get it for a good price, but even still, being a recreational property, it would not cashflow well at...

Hello all, I have a property in Stony Plain, AB that we plan to sell over the next while and are evaluating a few different strategies, mainly AFS (Agreement for Sale) and LTO (Lease to Own). Can some of the more experienced quick turn folks please help me extrapolate the pro's and cons...

Hello All, We are in the process of re-vamping our real estate business starting with our website. The focus of these two "quick turn" sites is marketing for motivated sellers and qualified LTO buyers. Please take a look and let me know which "theme" you like better and why... #1 -...

Hello fellow GP investors, Just thought I would start a thread to get others opinions and insight into the Grande Prairie real estate market. From my perspective, it has taken a real kicking over the past few years in both property values (down 10-30%) and rents (down 20-50%). Vacancy rates...

TD bank on Wednesday revised its forecast for annual average house prices nationally next year, and is now calling for prices to fall from 2010 levels. TD Economics predicted in December that prices would rise 1.6 per cent next year from an average in 2010 of $349,000. It has changed that...

Unemployment in industrialized countries will likely remain high this year and next, and central banks should keep interest rates low, the International Monetary Fund said Wednesday. It also said governments should be prepared to spend on job creation. The IMF`s findings were based on its...

We have made a number of good investment choices over the past number of years and made ourselves and our JV partners some good returns in real estate, but I`ll be the first to admit, we`ve personally made a bad one as well and entrusted another individual/company with our hard-earned money...

In tight times, many homeowners want — or need — an extra source of income. An idea that often gets floated is building and renting out an apartment in the house to help pay the mortgage or make ends meet. The first problem with this plan is that these apartments are usually illegal, and that’s...

Hello Lease Option Experts:We have a side by side duplex in Grande Prairie, AB that we have owned for 3 years and are strongly considering a Lease Option as our desired exit strategy. Due to my hectic schedule, I am seeking the assistance of an EXPERIENCED LEASE OPTION EXPERT to help us with...

Have found a potential UGLY HOUSE deal that I am in the process of evaluating. Here are the details: "We have a house we would like to sell in Eastview, it will need basement work, and top end will need updating and reno`s, but due to the fact that we have a large family and no time we opted not...

We are attending the Ron Legrand course in Edmonton in October. We have received some of the initial emails etc, and are planning to implement Ron`s "Yellow Letter" mailout strategy before we attend the seminar.I`d like to do a mass (unaddressed) direct mailout to a targeted market area in the...

Where do Canadian Banks Stand?Posted By DARWIN BRUNNE Recently a report in Newsweek by Fareed Zakaria recognized that Canada has the most outstanding banking system in the industrialized world, without a single bank failure, calls for bailouts or government intervention in the financial or...

STOP LOSING MONEY ON YOU INVESTMENTS!Are you FRUSTRATED with your investment returns?Are you concerned about the current MARKET TURMOIL and how it may affect your RETIREMENT?Are you seeking HIGHER RETURNS, with LESS RISK?If so, we can help! We specialize in Joint Venture Partnerships...

Home-market `correction is in full swing`: construction, sales, prices down Brenda Bouw, THE CANADIAN PRESS February 09, 2009 There are more signs Canada`s housing market is facing a significant slowdown after a double-digit percentage drop in home construction starts last month and a...

REUTERS January 29, 2009By Jeffrey Jones CALGARY, Alberta (Reuters) - Imperial Oil Ltd <IMO.TO> boosted capital spending by 60 percent on Thursday, partly to advance a multibillion-dollar oil sands project, rarities in an industry hammered by shaky energy and financial markets. Imperial...

FYI - Canada`s Mortgage Industry Welcomes Federal Budget Announcements Earlier today, federal Finance Minister Jim Flaherty tabled the federal budget. Several measures affect Canada`s housing and mortgage industry. · Temporary home renovations tax credit of up to $1,350 for eligible...