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  1. JDE

    Request for Introduction to a investment focused Realtor in Edmonton or Calgary

    This is pretty late but there's a lot of them. Calvin Hexter is one of the most knowledgeable in Edmonton, but unlikely you'll be working with him 1 on 1 unless you're a long term client. Devin Gray from Mogul is awesome and knowledgeable about creative financing, BRRR's, etc, helped me buy...
  2. JDE

    Just purchased my first investment property *tips, pics, and ama*

    Hey Matt, great point. I am personally the lots of theory and not a lot of action type, so I wrote that to point out that you don't need to know absolutely everything before taking action. With that being said I think a big part of success in all business ventures is knowing your own biases...
  3. JDE

    Just purchased my first investment property *tips, pics, and ama*

    A few months ago I purchased a 1/2 duplex in the Edmonton area, and it is now rented and cash-flowing every month. This is my first experience with real estate investing, and having someone else pay down a mortgage for me every month regardless of whether I am studying, working, or on vacation...
  4. JDE

    Mortgage rates too good to be true? CanWise Financial

    Hey everyone, I am interested if anyone has experience with using CanWise financial as a mortgage broker, or has any insight into how they can offer such low rates. I recently purchased my first property using a local Edmonton mortgage broker, offering fair rates of about 3.1% for a 5 year...
  5. JDE

    Increasing liability through incorporation in Alberta?

    Hey everyone, I am in the process of securing financing for my first residential investment property in Alberta, and had planned on incorporating because I believed the benefit of limited liability outweighed the more difficult financing I would likely face. Recently however, a friend of mine...
  6. JDE

    New proposed OFSI rules attacking your real estate wealth

    Figured I would bring this back up since it looks like it will actually be happening in the new year http://business.financialpost.com/real-estate/mortgages/canadas-banking-watchdog-sets-new-rules-for-mortgage-lending Anyone changing course or strategy based on this? Any buyers going to hold...
  7. JDE

    Do you schedule your SFH purchases to avoid winter vacancies?

    Hey everyone, I am very close to purchasing my first SFH in the Edmonton area, however one thing has been holding me back. I am unsure if it would be prudent to purchase a SFH in October as I have heard that trying to place tenants in November/winter can be somewhat challenging (especially...
  8. JDE

    Alberta real estate in a slump? (Market analysis included)

    Thanks everyone for the feedback, I really appreciate it. Matt basically the scorecard is based on the assumption that the key drivers (ie net migration, vacancy rate etc.) will be increasing, decreasing, peaking, or troughing at specific stages in the RE cycle. This isn't an exact science...
  9. JDE

    Alberta real estate in a slump? (Market analysis included)

    Hey everyone, I am interested in investing in residential real estate and was considering Alberta as a possibility. After filling out Don Campbell's checklist however it would appear Alberta may be in a slump. I have limited experience in real estate investing and was wondering if there were...
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