It will be quite sometime before you see a breakeven point on this investment. Our market has stabalized but without seeing the unit I would say it would be at least 12-18 months before values appreciate back up to these levels, which means you have to keep absorbing the negative cashflow. This...

Yes you can, you can apply for a gst rebate. Good Luck.

Travis, I myself am an investor and a licensed realtor and work out of Edmonton. I work solely with investors, majority of whom are REIN members. Most investors I work with focus on NorthEast Edmonton and NorthWest Edmonton. I am very familiar with the Killarney area, the first thing I would...

Chris, I myself am an investor and a licensed realtor and work out of Edmonton. I work solely with investors, majority of whom are REIN members. There is a big difference between most realtors out there and investment specialist agents such as myself. You want to work with someone who speaks...

I work with Kim Franz, who is also a REIN member. I know a few REIN member`s who use her services. She has been fantastic for myself and my business. Please feel free to contact myself directly and I can forward you her info.

QUOTE (mandmholdings @ Apr 22 2009, 10:57 AM) Hi I was wondering if anybody has any experience with renting furnished townhouses in Edmonton? Is there a demand for for it? If so what is a reasonable rent to charge over and above an unfurnished townhouse? We have 2 townhouses, both 3 bedrooms...

Personally, I`d look at the numbers and your corresponding R.O.I (rate of return). Remember, this is a business decision and at the end of the day its the bottom line you should be most concerned with. Run the numbers. What will the cashflow numbers be like if you do the deal yourself, what...

There is a way to structure your offer: Have your realtor write the following in the additional terms of sale: *Seller to allow access of property to buyer and/or buyer`s representatives for the purposes of showing property to potential tenants. This access will be given upon removal of all...

Many of my clients work with Chris HorvathName : Pefanis Horvath Lawyr Address : 550 11 Ave SW, Calgary AB Zip/Postcode : T2R Phone : 403-444-5879

First things first. You need professional representation. The landlords realtor cannot prevent you from working with your own buyer`s realtor. Leasing a commercial space has many variables and can be very complex. I highly suggest you work with an agent. I persobally know of a few very good...

2007 Housing Year a Roller-Coaster In the beginning of 2007 housing prices continued to climb just like the year before but by mid-year the market had turned and prices cooled as the housing inventory quadrupled. Year end figures released by the Realtors Association of Edmonton reveal the...

Housing prices tumble even as inventory decreases The REALTORS® Association of Edmonton reports that housing prices in Edmonton suddenly dropped in November. The largest monthly drop in single family prices so far this year was 3.2% in August. The drop in November was 5. 3%. The residential...