I used to work in Lloydminster and have invested there since 2008. It's a small town of 30,000 with a growing population. The census showed a 15% population growth from 2006 to 2011. The local economy is based on heavy oil. When oil prices went down in 2009 and 2010, the rents went down...

Why not invest in Lloydminster?

Hi Rickson9, What cap rate do you look for? Gary

Hi Kirk, Those are excellent rents. Do you manage the property yourself or do you hire an on-site person? What do you think about the future of Lloydminster's economy? say 5 years Thanks, Gary

Hi Kirk, I have some townhouses in Lloydminster. Just wondering, how much rent are you getting for the main floor? and how for the basement? Thanks, Gary

Why does the financial industry use price return indexes instead of total return indexes? The S&P 500 is a price index and does not include dividends. Thus, understating actual performance. Why do mutual funds use the S&P 500 as a benchmark to compare their performance?

The often quoted Dow Jones Industrials average does not include dividends. Look at this fact sheet from the Dow Jones website. Page 3 says only the total return version of the index includes dividends...

CORRECTION - property tax $800/year

I have found many 1 or 2 bedroom condos for less than $30,000 in good areas of Las Vegas. Some have low maintenance fees (under $150/month) and property taxes are low (under $800/month). An investor paying all cash would get at least $150 to $250 positive cash flow. Then, wait for them to...