I have several Clients who are looking for property management services who will take on suited properties in Edmonton. They should be licensed with RECA. Some of the bigger guys shy away from suited properties such as Libertas Property mgt, Davies Property Mgt., and York West. Landlord...

Congratulations to James Knull on his presentation Thursday night in Edmonton on "Doing Suited Houses the Right Way". Excellent road map for the Investor who want Edmonton secondary suites basement suites mother in law suites, etc. Hopefully the handout will be in the download section soon...

The ACRE program refers to building your team. In my view there is 2 teams. The buying team and the Manage for Cash Flow team. The buying team is the realtor, mortgage broker, lawyer, building inspector, and appraiser. The Manage for Cash Flow Team should be your property manager, plumber...

Snow and ice will soon be here for good. A short reminder for Alberta this weekend with a couple of inches of snow ( 5 cm) and cold temperatures. Hopefully it will melt and warm up before the deep freeze starts in November. Time to call your tenants and PM to water the trees on your rental...

Just a few months ago, the Media made it sound like the world was coming to a end if the big Automakers go bankrupt. Monday, June 1, 2009, the world`s largest automaker goes into chapter 11 bankruptcy, wiping out bond holders, and shareholders, and who knows what to the suppliers of GM, and...

A few months ago the nay sayers on the local news and others were whining about the bad shape of the economy, and the ripple effects of a bankruptcy of one of the major auto makers. I mentioned to a friend at the same time, The US President or the Canadian Prime Minister need to cause a...

I have been very busy and missed posting the results last week. Week 3 results of the 8 websites for a townhouse are Winners are Edmontonsun.ca, Hometrader.ca, and Rentfaster.ca Losers are Kijiji, Craigslist, RentEdmonton.com, Viewit.ca, Gottarent.com and Rentboard Look for the final...

Advertising a townhouse in Northeast Edmonton on 8 websites. Week 2 winners were Hometrader.ca, Edmontonsun.ca, and Rentedmonton.com. No responses from Kijiji, craigslist, rentfaster, rentboard, and gottarent.

I posted my townhouse ad on 9 of the websites we talked about earlier (finding tenants on the internet) and here are the leaders in replies: Leading the race 1. Rentedmonton.com 2. Kijiji.ca 3. EdmontonSun.ca 4. Hometrader.ca 5. Rentboard.ca The sites coming up empty...

How does a tenant find a rental property in the big wide sea that is now the Edmonton rental market. 10 years ago, we only had the Edmonton Journal, the Edmonton Sun, and the Home Renters Guide. No internet. 4 years ago, Rent Edmonton and Rentfaster were available, and were very good at...

Hi Edmonton Investors I`m sure I`m not the only one finding the Edmonton market slow. What websites are you using to advertise your rentals and which ones do you think are working today? Here are a few I`ve tried: 1. RentEdmonton 2. RentFaster 3. GottaRent 4. ViewIt 5. RentBoard 6...

I attend a number of investment club meetings, who regularly have guest speakers come in to pitch their products or courses. The presenter will tell you that you can make a million dollars, and you can never lose money. Only the good side. They never talk about the bad. If you missed...

Recently a renovator posing as a property manager has gone bankrupt. Because this company was not a legal property manager, all rents and security deposits are probably gone. If you were one of the victims, it is critical that you file a written complaint with RECA at www.reca.ca. These...

(This was originally posted on www.brentdavies.com as If you property manager isn’t licensed, your money isn’t safe.) Barry McGuire mentioned this during the ACRE weekend in Edmonton this past weekend. Many people don’t realize that property managers need to be licensed by the Real Estate...

One our family`s success stories is about Asking and Receiving. Whenever one of us leaving the city, back to the farm, we would call out to the farm and ask if they needed anything. Leigh, my wife of 30 years, would typically reply, milk and "A million dollars and a trip to the Bahamas." 10...

feel free to add to the list - communicate with owner -finds good tenants -collects the rent

What qualities are you looking for in a tenant. Please add to the list - -pays the rent on time -cheques never bounce -maintains the property in neat and tidy condition -removes the snow & ice from sidewalks in timely manner -cuts and trims the grass -moves out on time and does not overhold...