QUOTE (JimWhitelaw @ May 14 2010, 01:56 PM) I believe your agent is mistaken. My understanding is the rule requires the realtor to verify the identity of the final buyer on the contract. You can most certainly write up the offer with your name "and/or assigns" and do an amendment later. The...

Hi there, What is the proper way for me to assign a purchase contract to my investor (JV Partner). In the past, I just stipulated the "contract was assignable" and we did an amendment to the contract showing my investors name (since I`m not going to be on title). I guess there is some new...

We used I-Finance (great product in itself) to leverage our RRSPs to invest with a highly recommended individual what was trading FOREX (or so he said). I had several financially educated friends that had been successfully been receiving monies for the past 6 months. He came over to our house...

QUOTE (dleischner @ Mar 18 2010, 08:44 AM) The realtor I use is Peggy Lane. She works for Cold Well Banker and she is a very honest lady. I`m trying to close with her on a 4Plex deal right now in Innisfail. The unit didn`t even reach the MLS (she called me first). I`ve known her for years...

The realtor I use is Peggy Lane. She works for Cold Well Banker and she is a very honest lady. I`m trying to close with her on a 4Plex deal right now in Innisfail. The unit didn`t even reach the MLS (she called me first). I`ve known her for years and completely trust her judgment and expertise.

QUOTE (AndreaW @ Mar 11 2010, 02:49 PM) The sign by-law in Red Deer says you can only put out garage sale and open house signs adjacent to the area where it takes place. Otherwise it is a $500 fine per sign - I almost leanred the hard way with that but thankfully the bylaw officer gave me 24...

QUOTE (housingrental @ Feb 25 2010, 07:34 PM) Approximately how many hours did it take you total? Do I understand correctly you`ll get 50% of the profit what she`s agreed to as the present day value in 5 years , etc. correct? And you have to put up cash for repairs and carrying but get that...

QUOTE (EdRenkema @ Feb 24 2010, 10:54 AM) Nice job and congratulations! Thanks for sharing. Can you explain some of your marketing techniques as in what, how much, and approximate cost? Thanks. Thanks. Basically I created an ad and posted it on Kijiji for a couple of weeks (We Buy Houses...

Good morning, I thought I`d share some results with a recent success I had with one of Tony`s methods of buying property with no money down. Senario: I did a little advertising with the whole "We Buy Houses" marketing campaign and had a lady call me from Costa Rica (lives there for the...

Good morning, I was wondering if anybody had an experience posting "Bandit Signs" in the Red Deer area. I downloaded their sign bylaw, but it`s super long and a little convoluted regarding actual "Bandit Signs". I can email it to somebody if they`re interested in looking through it. I`m...

QUOTE (invst4profit @ Feb 4 2010, 10:52 AM) The best way I know of to keep expenses down is to repair everything ASAP. To do this you need to train your tenants to report any issues they have immediately. Small problems, like water leaks, can become big problems quickly. The other thing I did...

I read this in the Red Deer Express on the 30th of December. I thought some of you investing in the Red Deer Area might find it interesting. Dean Real estate investor defends business Dec 30, 2009 06:00 am | By Erin Fawcett | Red Deer Express A man sending letters to homeowners...

That would be a very handy piece of paper, I would love a copy too.....

Hi John, I had a conversation with Tony Peters and my lawyer about this too. You definitely aren`t protected against the vendor going bankrupt with an AFS. That is a major risk you should be ready to deal with it happens (have a JV partner waiting in the wings to qualify for the mortgage if...

QUOTE (DavidSandbrand @ Nov 13 2009, 02:21 PM) I can`t say that I have too many specific questions for Barry, but I`ll be going to the event in Calgary next weekend. I did a purchase with an Agreement for Sale the week after the Ron LeGrand event, and not having the appropriate forms added some...

Good morning, What about: 1. Get the seller bring his arrears to current (if possible). If not, your risk with the project will be this amount. 2. Construct a short term "agreement for sale" (the shorter the better). 3. Either exit the vendor by selling the property outright or bring in a JV...

I already tried that route, it`s $20K up front, or there is no deal (they need the cash for the down payment on their new home). Do you think it`s unrealistic to get a 6.5% down payment from the tenant buyer?

Good afternoon, I wouldn`t mind some experienced peoples advice on the following deal. Appraised Price = $310K Selling Price = $300K The vendor wants $30K on top of their existing mortgage which they are willing to carry for 2 years and 2 months. They have allowed me 2 months to find a lease...

QUOTE (CarlaJohnson @ Sep 22 2009, 07:52 PM) We have a cabin on a large acreage and the wasps never seem to go away. We just tried something simple and it may have held them off a bit. In Ontario we get brown paper bags from the LCBO, but any smaller, long brown, heavy paper bag will work. (The...

Hi there, Looks like I have a wasp problem under the back step of one of my rental properties. Late on night (when the wasps were sleeping) I plugged the hole between the step and the side of the house with gap filler. I though this would trap all the wasps inside, with them eventually dying...