kfort nailed it. Get the apps filled out on the spot and take them with you.

I have property in Leduc and I'd buy more. It's been a good market. I'm not sure how friendly the city is toward secondary suites, if that's in your plans. When we first bought there in 2007, they were specifically not permitted, but I think that was changed in 2010 or so. Like Sherilynn said...

Apologies for dragging this old thread back on topic... Did TenantPay revise their fees recently? I've been using it for a couple years without the benefit of a REIN "Members-Only discount" and I pay $1.00 per transaction for fewer than 25 doors. I agree that $5 or $10 per transaction is...

Unfortunately, as you've found out, a great lease is a good thing to have but it can't force people to stay where they can't afford to. Your focus should be to minimize losses and move to better clients ASAP. Get them out and find someone who can afford the rent. Vacancies in Edmonton are very...

Things are probably a bit different in Ontario. In Alberta, there is no longer any such thing as a regular cab 2-door pickup (except as a bare stripper model in white for fleets), nor a 2WD pickup. They are manufactured, but no dealer here will waste lot space on them. You get a 4-door 4x4 or...

I don't think staging with furniture is worth it for rentals and $1000 won't get "good" furniture anyway. We do a "partial staging" for vacant rentals. We have a couple big plastic storage bins of knick-knacks, kitchen items, towels, bathmats, candles, silk plants, plus a couple large fake tree...

Yes, I've been through this and other insurance claims on my rentals. A few words of advice: 1. The insurance company will (should) hire a professional damage restoration company for the cleanup. They are pretty experienced with that kind of work and do it quickly. However, you may want to...

A lot of the "which is better" question will come down to the specifics of the particular building or project your unit is in. With either type, there's going to be a number of factors that are either out of your control, or difficult for you to manage and change. Newer isn't necessarily better...

I went to a Lucid presentation back when they were raising money for the Ft. Mac RV park project. Something about them didn't seem quite right (got a weird "slimy" vibe from them) and we didn't invest, but I did enjoy the free beer. ;) From some of the stories on the reviewstalk site, it seems...

I have a rental property in Leduc. I like the city; it's been very easy to keep rented. A simple sign in the window nets 5-6 calls per day. I now have a long-term family there with roots in the community, etc. I've heard that the City of Leduc is not friendly to basement suites, but I don't have...

I don't think that the RTO strategy is fundamentally different than other RTO businesses like furniture and electronics or "buy here, pay here" auto sales or even cheque cashing services. The core business is providing a form of financing to high-risk borrowers while holding the underlying asset...

I'd be shocked if the RTO group was more than 0.02% of all home buyers.

It sure would be handy if someone would invent some kind of system for sharing documents online in order to avoid all the one-at-time email requests.

Hi Pindy4, It's good to see how thorough you are being with your research. Good work. I have a few questions about your analyses.

Keep reading, keep learning. Check out this list of books popular with the REIN community. Consider doing the ACRE program via home study. (It was a bit out of date when I bought it a few years ago; I don't know if it's been updated or not. Regardless, the fundamental principles don't change). A...