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,

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...

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...

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...

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,

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 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...

I will be purchasing some registered investments this year. Only because I need the tax deferral for some other capital gains. I have no shortage of investment "specialists" offering me advice. I am looking for feedback on how other investors are investing registered money into real estate. I'm...

Is there any way to organize your portfolio to take advantage of the $750,000 capital gains exemption when you dispose of income generating properties? For example, either moving them or purchasing them in a small business corporation? Any suggestions or input to help minimize taxes would be...

Can anyone recommend a good mortgage broker for an Albertan to purchase an Arizona property? Thanks

I have several rent-to-own contracts coming to close later in 2013. I am interested in any feedback from investors or mortgage brokers who have been able to close deals. Has anyone found certain lenders that have been easy to work with for funding rent-to-own deals? Any tips or suggestions for...

My experience has taught me that the property manager is one of the most important roles in my investment team. Good ones are very hard to find. I currently have a great manager who has been a large part of bringing up rents and decreasing vacancies....thus increasing the value of my building...

I'm looking for some information on the best commercial mortgage rates investors are paying. I have a 12 suite apartment in Medicine Hat. Approx 65% LTV. Current rate of prime plus 1.25% or 4.25%. Considering making a change if I don't get hammered on with fees... or at very least using as...

I have a client that is interested in signing a rent-to-own contract. He has 5% cash down and is looking in a solid market. It looks like he will be able to qualify for his own mortgage in 6 months but does not want to wait. He is interested in having us purchasing a property on his behalf and...

I'm looking for some creative feedback on a deal I have on the table. Here are the numbers Seller wants out of property. Wants 10k cash to lease option the property (to me) Will be walking away from about 75k in equity. My purchase price will be 600k Lease payments (from me to the...

Hello I have recently re-engaged into the real estate investing world after taking a break. I have several rent-to-own contracts in place. These are for properties that I hold title to. Many of the contracts were signed 2 to 3 years ago and many will be coming to term soon. I signed the...

We have a deal on the table that is somewhat new for us. It is a great deal from a financial standpoint but I am looking for some feedback and where we have may some issues. Scenario We have a distressed seller. He inherited a house many years ago (clear title) and has since racked up...

Hello I am putting on a new roof for a 12 suite apartment building. The traditional "tar and gravel" quotes are coming in around the $50,000 mark. I am getting quotes for a new product called Duro-Last. It is basically a single ply thermoplastic and comes with 15 year warranty on material and...

I watched the news last night and seen a report of a huge mortgage scam in Alberta. BMO is claiming to be out 30 million dollars from the scandle that appears to be quite sophisticated and widespread. The report claims charges are being laid against 300 people that includes many realtors...

Hello I am working on putting together an offer letter for some of my current tenants for the opportunity of rent to own. The tenants are long term tenants and I wanted to somehow reward them for their years of support within the rent to own offer. I would like to put specific numbers into...