QUOTE (invst4profit @ Nov 23 2007, 07:58 AM) It also depends on your experience in owning rentals. It is far easier to do in your own back yard. You invest where you can make money! but long distance ownership comes at at a cost and it ends up costing you morer if you cannot see what`s being...

Looking for a good accountant with real estate experience in Edmonton. Also need a financial planner. Please refer only professionals you have dealt with.Thank you.

QUOTE (timk519 @ Nov 21 2007, 06:52 AM) Unless you`ve got a lot of experience, gut feelings`ll get you in trouble sooner or later. I`d find out why all these companies decided to locate there, which would put me on the trail to the reason why you should hold or sell the property, and if you`re...

QUOTE (navaz @ Nov 20 2007, 02:38 PM) Perhaps look at what Don teaches at REIN- be a student not a follower. Have you looked at filling out the "Goldmine card"? This will avoid any knee jerk reactions based on emotions Thanks for the feedback. Mike scared the daylights out of me ( Hi Mike...

QUOTE (RebeccaBryan @ Nov 19 2007, 08:12 PM) Adding to my last post. It`s also a townhouse and if not in Callingwood, right beside because the Callingwood Arena is to the West of it. Also their condo is renovated nicely, but the basement is not renovated. If you renovate it you should easily be...

QUOTE (mikecunning @ Nov 19 2007, 07:09 PM) I would sell that thing so fast your head would spin! Check out the Pink Beetle report that REIN has produced...also, take a look at what is happening with employment levels at the local mills...especially with the strength of the Canadian...

Hello, Last February I bought two townhouses in Prince George, BC (Westwood area). Units evaluation is now up 28%! there has been a positif impact from nearby commercial development and I am considering my options: selling this summer or holding until after the olympics? Both units deliver a...

QUOTE (RebeccaBryan @ Nov 19 2007, 02:30 PM) I know my sister and brother-in-law, also REIN members, are getting 1450/mo for a 3 bedroom 1.5 bath condo near the WEM. Thank you. Sounds good to me!

QUOTE (PaulPoulsen @ Nov 19 2007, 12:48 PM) Hi talno; Check out http://www.rentometer.com/rentometer/index_ca. It should give you a pretty good idea of what rents are like in and around the area. Thanks. Great tool!

Hello, I own a 3 bedrooms 1.5 bath rental townhouse in Edmonton Westend (Callingwood) 1200 sqft,finished basement. The place will be up for rent January 2008. Any idea on what the rent should be from a market perspective? At my current carrying costs $1200 would allow me to break even but I...