Hi, I am seeking a referral to a realtor who has knowledge of fixer uppers in Vancouver East, South, Burnaby area. Please contact me at [email protected] Thank you! Tommy

Hello REIN experts. First of all, I want to thank REIN for giving me the know-how and courage to begin my real estate investment back in 2008. I was lucky and invested 4 properties in Edmonton between 2008-2009. Since the investment has already been 5-years, I recently sold two properties...

Hi, I am an ex-Rein member from a couple years ago. Recently my tenants have given me the notice to leave and I am considering selling an older 2-bedroom apartment style condo by Clareview LRT area. This particular condo has been under-performing and I am debating if I want to keep renting...

Hi Fellow REIN.I am looking for a trustworthy reno guy/team to help me renovate my own bathroom. I am looking to install a bigger tub and ceramic tiles. Does anyone have a good reno person/team? I am looking to do this fairly soon (if it is possible). Please call my cell 780.710.7933...

Hi fellow REIN members!It`s the tax season. I know some of you have mentioned it before, but what should I write off REIN membership fee under? education? professional association fee? Can REIN fee considered an expense under Statement of Rental Income? (under professional fee) I work...

Hi REIN members, It`s time for some shopping now! I am looking for a realtor that fits the following criteria. If you are a realtor or you know someone who is very capable, please pass the contact information to me. I would really appreciate it! knowledgeable in Downtown/Clareview...

Hi REIN Fella! I am working on my taxes right now. I looked at my assessment but there`s no breakdown of land and building value. I know you can claim Capital Cost Allowance based on the building value. But since I can`t find any (I even emailed City of Edmonton), how do I determine the...

Hi Fellow REIN (expert advise needed!) I know this issue has been brought up before by other members. However, I feel that everyone`s situation is different so it is still worthwhile to seek some expert advice on here. I have a rental property that generates about $200 cash flow a month. I...

Hi Fellow REIN, I own an apartment style condo. I want to buy a titled parking stall from someone else in the complex. What do I need to be aware of? How is the sale completed? Since it is a titled unit, do I go through the lawyer as if I was buying a condo? Any input is appreciated! Tommy

Hi everyone. I am a new landlord now! I just had a couple from Nova Scotia since November. My property is a newer townhouse with double attached garage. When the couple came to look at the property, they had a small rental vehicle. They looked at the size of the garage and they thought it...

Hi everyone. First of all, I want to thank Barry for presenting us the latest Due Diligence workbook that teaches us some basics about how to read Title Search. It is extremely helpful! My question is: I went and pulled a title on a property I am going to submit an offer. I thought we...

Hi fellow REIN members! I have recently purchased a condo and I am seeking some options to maximize my returns. I came across The Imperial Suites in Edmonton. They are one of the largest corporate executive suites providers in Alberta. To make the long story short, have any of you been a...

Hi everyone, I am in the process of searching for opportunities of doing furnished 1 bedroom condo in d/t Edmonton. I know some of you are the experts on this. I would like to find out more about it if you can help me out. 1) Do I need to obtain a business license for renting the condo out...

Hi fellow REIN members. I am allowing pet for my townhouse. I already checked with the condo bylaw and it is under the max lb size allowed (under 20lb). I have also downloaded the pet registration form from Critical Forms. So my question is: Say the tenants are moving from Nova Scotia...

Hi to all Experienced Landlords: I will soon to be a new landlord. I am looking at REIN`s version of lease agreement. I plan to rent out the townhouse on a 12 months basis and hopefully my tenants would want to continue for the next year. So my question is, what would be the best way to go if...

Hi fellow REIN members! As some of you know, I am soon to be the first time landlord. Very excited, indeed! I am already getting some inquiries for my investment townhouse in Edmonton. My question is I am getting an inquiry of 3 graduate students who are coming from Vancouver to Edmonton...

Hi fellow REIN members! I am getting close to get my first investment townhouse. I want to plan ahead so I can have an accurate picture of my true cash flow. Since this is a condo purchaser, the condo fee includes exterior/fire insurance. I have been told that I should get "rental loss"...

Hi fellow REIN, I just spoke to my TD broker and she told me that the max amortization that is allowed on the rental property is based on the appraisal. Say I am looking at 30-year-old townhouses. If the appraiser only estimates 20 year life-span of the building, then I can only get 20 year...

Hi everyone! I am in the process of being a 1st time Landlord. I want to manage the property myself (it`s a condo) because I want to know everything about landlording before I hand it to a property management in the future. I have a few questions to ask (especially those of you who manage the...

Hi fellow REIN members. I am in the process of purchasing a townhouse that is currently tenanted, but will be given 30-day notice. My completion date is October 1st. The seller promises to have the tenant out by the end of September (the current tenants are only paying $1000 a month, way way...