Hello, Does anyone out there have experience with the ventless washer/dryer combo? I am looking to put in a few apartment suites. Was wondering if anyone had any feedback and suggestions on the best place to purchase? Thank you in advance,

Medicine Hat is very challenging for good property management. I have hired and fired almost all of them at some point. Send me a private message and I will give you some direction.

I am considering turning 2 of my units in a multi family building I have into furnished rentals. A corporation has approached me to do so and are willing to sign leases. I wanted to see if anyone on the forum was willing to share their experience and knowledge in the executive furnished rental...

If there are any brokers out there that can get me approx. 3.3% and 80% LTV on a conventional mortgage, please contact me. Thanks

Thanks Thomas, great info. Out of curiosity, where are you getting 3.2% to 3.3% on conventional mortgages? What are the highest LTV's you are seeing with conventional banks?

Hi Thomas, You are exactly right. I am getting 85% LTV but based upon CMHC value. In reality it works out to approx. 70% loan-to-market value. I have owned this building for several years so the equity is there. I can get a 2.7% rate with a 35 year amortization. That certainly gets my...

I am looking to refinance through CMHC a couple apartment buildings I already own. The fees make sense as the interest rates are very good with an extended amortization period. My strategy with these buildings are long term holds. This is my first time going the CMHC route for apartment...

HOS is the largest company that I am aware of executing RTO. They have signed hundreds of deals and have a high success rate of closing. Credit counselling is mandatory and their appreciation rates are very attainable. They have large option deposits and typically run at 2.75% per year in...

Try Miranda Pearson with Sotheby's International Realty. I have used her on several deals with great success. Miranda is a fellow member and was nominated for REIN realtor of the year for 2013. Phone number 403-988-6699 E-mail - [email protected]

Great info, thank you Thomas!

I am looking to make an RRSP loan to an individual secured against his property in which he has ample equity to cover the loan. The loan will have a specified interest rate and timeline. Who can facilitate this transaction? I have heard Olympia Trust has been used in the past. Has anyone...

Thanks Sherilynn, I would be also willing to hire a Calgary based company and pay the travel time. What kind of costs did you incur per suite?

Can anyone recommend a service provider to exterminate bed bugs for an apartment building in southern Alberta? Would like to use the heat method if effective. I'm curious if anyone that has had experience with this method. Has anyone tried renting their own equipment? Thanks in advance,

FYI - Park Insurance was able to reduce my premiums by 30% with better coverage. Thanks for the contact.

Thank You!

Thanks Sherilynn, Do you have a contact name and number at any of these recommended companies? Mark

I am in the process of getting a renewal quote for my property portfolio. My carrier is Economical. I am told that they are losing the flavor for insuring investment property as this sector has been losing money. The quote has my premiums almost doubled. Also a significant increase in...

I have done a deal with Guy at HOS. It is still in progress but great cash flowing property. Straight shooter and fellow REIN member. They have executed more lease option deals than any other company I am aware of. They are big on setting up the tenant/buyer for success through credit mentorship...

I bought a 4-plex years ago and lived in one of the units. I was able to purchase at 10% down using this method. Once you get any larger than a 4-plex, you get into the commercial world with an entirely different set of lending guidelines. Hook yourself up with a good mortgage broker who will be...

I have a group of investors looking to invest in lease option properties (rent-to-own). They would purchase property on behalf of qualified tenant/buyers and lease option it back over a period of 2 to 3 years. We are in particular looking for tenant first deals in Calgary and Medicine Hat...