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Recent content by RogerPanchuk

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    Rent To Own Available ?

    If you have a smaller house with a garage in a decent area for sale on a rent to own. I have have a quality applicant. My guy has excellant credit history and $15 000 for a down payment. He would like to buy now but is haveing trouble qualifing because he has been out of the country for over a...
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    When are you too levered ?

    Thomas , Won`t Inflation help us pay for higher rates ? If you think intrest rates will go up that much in 3 - 5 years, if or when this is happens we should see some significant inflation. Which should cause property values to increase aswell as rents ? I think you make very valuable point...
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    When are you too levered ?

    especially if you take a very risky 30 or 35 year amortization as the risk in 5 years is quite high ! Then assess what you would do in 5 years if market is fairly flat and rates are at 6% and your mortgage is not substantially lower than at the start ! Why dose Rein teach us to take 35 yr. and...
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    Getting a new furnace in Edmonton

    We had a furnace installed in a condo in Edmonton last spring. The cost was about $2000-2200, The price depends on how hard it is to run new fresh air and combustion air supply, older homes may not have this.If the basement is developed it can be difficult. I coudn`t easily find my invoice but...
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    New REI in Calgary - basement suites?

    QUOTE (RedlineBrett @ Mar 23 2009, 01:35 PM) In this lending environment we are of the opinion that you are better off using that capital to buy another property as opposed to adding a suite in. We ran the numbers based on our construction costs and figured that if you think RE will increase at...
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    New REI in Calgary - basement suites?

    QUOTE (Hammock @ Mar 23 2009, 07:52 AM) Hi, I`m a new Real Estate Investor in Calgary, and interested in developing a legal basement suite in a bungalow near Heritage LRT station. From an analysis online, I figure I can get about 700-800 a month for a nicely done 1 bedroom. Any advice from some...
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    Best source for kitchen cabinets?

    QUOTE (KevinMatwichuk @ Mar 24 2009, 02:43 PM) Just wondering what type of kitchen cabinets people are installing in there rental units and where do you find the best place is to buy them. Also has anyone had experience having cabinets re-faced? Multi-wood is great for getting new doors...
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    Old Appliances

    QUOTE (realfortin @ Mar 5 2009, 07:01 AM) In one of my tri-plexes, the appliances are appartment sized, brown-beige and really, REALLY unnatractive. Would you say that on re-rental that iappliance replacement one of my 1st priorities? You can get a fridge, stove, hood fan in nice, bright white...
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    Cashing Rent Cheques

    QUOTE (Jessome @ Feb 28 2009, 07:52 PM) How do you do this? Not all banks offer this servce, check with your bank. It is a bit of a hassel to get qualified and set up and yes there is a charge. I don`t remember what the charge is but I feel its good value for us. We run about 40 doors so we...
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    Looking for a good property management company /individual in Calgary

    QUOTE (kuikui1988 @ Feb 24 2009, 07:18 AM) I am looking for good property management company/individuals in Calgary who can help to manage our properties. Any recommendations? Thanks! I am interested in property managmrnt, I look after 35 doors of my own and a couple doors for another rein...
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    Cashing Rent Cheques

    QUOTE (Jessome @ Feb 28 2009, 09:40 AM) Is it possible to set up direct deposit with tennants through the banks? We have set up a direct debit system with scotia bank. It`s the only way to go, we take the money from the tenants account and if there is a problem you find out within a day or two...
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    Looking for a realtor in Calgary

    Tammy Panchuk, Realty Executives here. I would definitely be interested in getting more details on this property you have to sell and meeting to discuss my experience in revenue properties. My husband & I have been members of rein for about 4 years and own several revenue properties ourselves...
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    Commercial Investing Training

    What about Greg habstritt course offered at the rein meeting? Any comments on what Greg has to offer,is it worth the money ?
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    Internet fraud

    I was on kijiji checking on an add that I had posted,whenI found an add for a property that I own. I had recently advertised this property on kijiji. someone has copied my ad and is advertizing the property. So I sent an email saying that I was interested,they sent me an application back. here...
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    Basement Fire and Landlord charges

    Here is an interesting story about a phone call I received a few days ago. I received a call from an elderly gentalman asking if I was the owner of a house at a certain address. He tracked me down by talking with the tenants and he was concerned about the windows in the basement suit.Apparently...
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