In Calgary the CRRA (Calgary Residential Rental Association) has suggested the breach of contract be noxious odors are allowed to disturb other tenants. No claim as to what the odors are, no police , no accusations. Just a foul smell that comes from the basement when the tenant is home. Couple...

I see you are from Calgary. We've been renting here from 1971 and to my knowledge still don't have a business liability number. We have had a business license from the city. Usually larger multi-family/apartments need the licenses, suites just need land use. You can have a business number with...

Keep in mind that REAL linoleum (also called by some battleship) does not have asbestos in it, it is made of clay, cork, linseed oil and colour (you can even eat it - see youtube) Sheet vinyl before the late 70's can have asbestos. VA tile (Vinyl Asbestos) does have it, these can often be...

Just to address those on government assistance. (a little off topic) We know that there are a variety of reason people need assistance. Some are just down on there luck but others have some serious problems in the past. I'm all for giving someone another chance to get themselves back on there...

Thanks Thomas The time I had to do it was November 2008 Would be good to confirm Mark

That be so but I know that my corporation in Alberta had to register as extra-provincal corporation to be able to buy a property in BC Mark

Here are just a couple of facts on mentors and courses I noticed one year that the top 10 (player) award for Southern Alberta at least 3 were in Les Hewitt's Power of Focus training. I've worked with Les, he questioned an investment (non real estate) I was getting into asking "Are you...

Tony You might restate that Your Profit is your Income (sale of property) less land and building costs/renovations (cost of goods) as well expenses of running the business I'm not sure how you could have a "delinquent property", you could have a delinquent tenant - then you have an A/R...

This is a two fold question First - on the old site I could search a member and then read all of that members recent posts (in this case Thomas B), can that still be done? Second - can my personal setting be set in such a way that certain members' posts are filtered out? In reading some...

I just wanted to add some food for thought about your expected returns. In Calgary investors can get money at 12%+ all day long from non conventional mortgages lenders (ie Calvert 12.5% 2nd for 100k) for short term (such as you are looking for). Investors then are dealing with professionals...

Good evening As always Thomas posts points that make you think Other often just spout off Thank you Thomas for asking each of to look closely at opportunities, options and investments with a critical eye. Some are good, some are bad, each of us need to do our own due diligence The...

hi just a total side point nice use of ubiquitous you just don't see that often In another post the account comment was used and did side tract the issue kudos on the word and sticking to the question We did just get the 7 figure capital gain and an accountant using dividends...

Learning about the tax law as mentioned is always a great way to sharpen your skills. I enjoyed 81 Tax Tips (okay I'm a little strange but you should have seen my refund this year), it answers all of the questions and comments posted here . It also gives some warnings, tips, insights etc...

There is one other factor to consider in the VR vs Fixed. I agree with Thomas that you will save money with VR but as we are now seeing sometimes you have to get a new mortgage (ie Xceed, GMAC not renewing). This touches close to home for me as we just suffered a huge loss in a none real estate...

You could also consider just changing the hall and stairs to hardwood or laminate This isolates the bedrooms and allows for them to be changed independently of each other based on wear and damage It also puts highly durable product on high traffic areas while keeping the bedrooms "warmer"...

Orei I use Paywork.ca for three of my businesses, with employees from 7 to 35 They offer 3 type/level of service - they run the payroll with you sending the data, you run it online, or you run it in house and upload it. They deposit by EFT or mail you cheques for a fee The payroll needs to be...

Bo Peabody in his book "Lucky or Smart?" has a line "so you`ve decided to become an entrepreneur, that`s your first mistake" He was not slamming those with the entrepreneur spirit but rather noting that true entrepreneurs don`t "decide" to become one they have that spirit right down in there...

We have several plex`s and cut the grass on all It keeps the look of the property under our control In Calgary grass grows fast in the spring and fall We cut as often as once a week in the fast times but on trim bi weekly In past have worked the cutting into a lease or paid a tenant and find...

Just remember when your looking to that last piece or cabinet Ikea - Swedish for "Out of Stock"

I`d like to preface this by saying my sister who is my business partner is a realtor That being said "we" have a saying "Your realtor is not your friend" Yes I know many great realtors and my best friend IS a realtor But...... It`s business relationship and realtors are paid by commission...