Thank you for your insight, Thomas. In this case, do you have any advice on how I should risk mitigate "appropriately" for investing in small town? Such as have a reserve fund for 6 months instead of 3 months? Greatly appreciated. Thank you, Ken

Hi Everyone: I am interested in purchasing a townhouse in Airdrie, AB as it is ranked 3rd place in Alberta top 10 towns. However I am trying to do my due diligence and tries to plan the worst case scenario. I want to find out what the rental market was like during last recession time.(...

Hi Everyone: Just wondering if anyone tried to stage the homes before selling and had generated good results from it? It seems like very costly to stage a home. Also, does anyone know any good home staging company here in Calgary? Thank you, Ken

Thank you very much!

Anyone know any good Staging service/company with good quality and reasonable price in Calgary?

I see this happen more in newer areas/new condo buildings...as so many people buying properties at the same time and renting out at the same time. Then competition happens and we see rent price drops as people trying to rent out their units first. Where as in older areas, this doesn`t happen, in...

great post guys...I think everyone just need to give their properties some time before seeing the real profit from it, and seriously, it does not take that long. I personally invested in calgary back in 2001, originally with 25% down, gave me overall of +200/mo cashflow..and this property now...

Totally agree with Nil. This is the time when I actually realize that by "NOT" following the rule, actually hurts...For many of us(new investors) who have invested prior to 2007, our mistakes by not following the system were covered by the market. I have one negative cashflow property, paid more...

I don`t see any rent increase in Mckenzie area.....I feel it`s already good when the tenants don`t ask you to reduce the rent. For Mckenzie, i am getting about $1550 for 3 bedroom, 1200sqft townhouse, and about 1850 for a single family home, 4 bed. However, appreciate your tenants is a must. I...

QUOTE (Kilarney @ May 13 2008, 11:13 AM) Hi Ken, The service I use is: https://www.tenantverification.com They do credit checks and criminal checks. Good Luck! Brenda Just wondering if they have any special discount to REIN members if we want to search for criminal record? Thank you.

make sure your tenant pays for the utilities....less trouble and increase your cashflow even more.

I have been there before. I would say it`s a good program overall. However, must keep your mind open. And it`s pretty good idea to leave your credit card at home, as they still do quite a bit of selling. Overall, the course is good for discover yourself deeper. Don`t just get annoy by their...

Does anyone know who do we can the condo report from? from realtor? How much is the fee for condo report usually? What should I becareful with for those "converted condo"? (meaning it is older apartment converted to condo)

Hi guys: Does anyone have any experience regarding to renting to company employees? Is it a better way to get higher rent and better tenants or it`s a faster way to fraud and disaster? How do i find about these companies who are looking for housing for their employees? Any suggestions/thoughts...