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Recent content by grantala

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    Would you proactively contact a Structural Engineer in this case for an assessment?

    As the previous post said, if there hasn`t been recent deficiencies appearing in the wall it probably occured in the normal settlement processm at the beginning of the building`s lifespan. I wonder... was this wall bowed when you purchased the property 1.5 years ago?? You should look at the...
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    Canadian Real Estate Magazine

    It seems to have quite a few REIN members featured! Looking forward to the article Thomas! For those who have come across this magazine, what is one item you would like to see covered, or covered differently? Myself, in brief news updates towards the beginning, I would like them to...
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    Real Estate Investing in Canada: Creating Wealth with the ACRE System 2nd Edition (Hardcover)

    I had it shipped by Amazon last week. I`ve only had a chance to start getting into it, but from what I can see so far, it doesn`t look like it has been updated all that much... A few charts to make things visual and the CD at the back appear to be about it. Am I missing something?? I`m...
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    mortgage insurance

    personally I use a broker through RBC. I would just look up insurance in the yellow pages of your area and start calling - try to get at least 2, if not 3 quotes, as sometimes the numbers vary quite substantially. It`s already been mentioned to not `over insure`, the point of life...
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    Vacant Homes and New Builds/Show Homes

    Good post. Always nice to have some actual numbers to judge a market. As far as the VTB`s go `nepoez`, first, do a search on this fourm for Vendor Takeback Mortgages, as there is alot of discussion on these, and secondly, do a google search as well - you`ll find lots of reading to give you...
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    Realtor Integrity

    here`s my thoughts on working with any type of service professional. When they say they`ll phone in two days, or send the data, or fax the forms, in two days I fully expect those items to be done. No questions. If your new to this realtor and he has a staggered mentality for his clients(or...
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    Very old properties (~100 yrs) - missed opportunities or risk minimization?

    Sure there are some very old properties that are in good condition. Why go through so many to find one? Is the MUCH higher cash flow going to make up for the MUCH more amount of your time? (which also costs money) Remember that inspectors don`t have x-ray vision. Issues like wiring and...
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    REMA?

    Looks like an intuitive piece of software. I would assume that REIN members have the inside edge on this? Is this something that effectively has accounting built into it? Or is it still prudent to use a program such as Quickbooks?
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    Heaving/Clay soil in Saskatchewan Manitoba

    Thats exactly the sort of thing that helps mitigate the problem, a drainage system in place. You can install it under the flooring, or the best approach is to excavate beside the foundation so that it not only prevents floor shifting, but also the hydrostatic pressure on the foundation walls...
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    Heaving/Clay soil in Saskatchewan Manitoba

    Well my first attempt got wiped out, so I apologize, this one will be a bit shorter. What the foundation is experiencing is expansion and contraction brought on by the soil conditions. Heavy clays, which form much of saskatchewan due to glacial activity have the ability to absorb many times...
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    Creating a Business

    Thanks for your reply David. If the the income goes on your personal income tax return, do the business expenses qualify as being deductible? I don`t think starting out I need to form a corporation, but would like to have some sort of name in order to keep the real estate items separate...
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    Creating a Business

    Good day again, Before joining REIN I`m debating of whether it`s prudent to create a business. I live in Alberta and it would be a Self Proprietorship being home-based. The reason I would consider starting a company would be to facilitate tax advantages. Many costs can be deductible. I...
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    REIN Membership

    Good Day, After much analysis and reading I`m ready to become a member of REIN. I look forward to it helping me realize my goals. I do have a question however! I did do some searching and didn`t find the answer so apologies if this is a repeat. I understand that when you become a member...
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    eviction and homeless prevention program

    Yes, indeed a `emotional` side to the story. The ethics still stand in this case - if she wants to help him, she could put some time into looking at what sort of programs they have.
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    Staging

    QUOTE (JeffSmith @ Mar 26 2008, 07:46 PM) I had a qoute done for a vacant house and found it to be quite expensive. $2400 for 1 month included 2 living rooms, 2 bathrooms, breakfast nook, dining room, 1 bedroom and ensuite. $1100 monthly therafter. I imagine that price isn`t very far off the...
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