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Every month, I will share valuable exclusive information and knowledge gained from over 25 years in real estate and property management. This newsletter will provide you with insights on the Edmonton property market and the business of making money in real estate without losing your mind.
Falconridge Townhome
Just renovated 3 bedroom carriage home, with fireplace and 5 appliances. Investors, this property has a current yield of 8% . The complex is currently 50% rented. Great access to the skating rink located is the Hairsine Park to the south of the complex.
Landlords Do Care, But You Will Never See It On TV!
Fred was pensioner who lived in one our apartment suites in northeast Edmonton, where he has been living in a bachelor suite since 1977. I first met him when we took over management of his apartment building in 1990. When we took over, Fred’s rent was $100 lower than the other suites. We were told [...]
Advanced Landlording & Investing Fundamentals Expo (LIFE)
The Real Estate Investment Network (REIN) is putting on a awesome event in Edmonton on June 26, 27 & 28. Friday night starts with an economic summit with key speakers, some top Canadian economists and veteran analysts. You can download the PDF brochure here, or go here to register. Saturdayis the LIFE Expo and starts [...]
Testing Edmonton Rental Websites
As a Landlord in Edmonton, finding the great tenants during the busy summer rental season is a must. With the economic slowdown and the increased vacancy in Edmonton, it time to check our rental tools. The Edmonton Journal Classified section, the traditional place to advertise the rentals, has shrunk from 2 full pages a few [...]
Drowning in a Sea of Ads
How does a tenant find a place in the big wide sea that is now the Edmonton rental market. 10 years ago, we only had the Edmonton Journal, the Edmonton Sun, and the Home Renters Guide. No internet. 4 years ago, Rent Edmonton and Rentfaster were available, and were very good at attracting the tenant [...]
11 Lessons From Recessions Past
I was listening to the local news last week and the headlines gave me this feeling of doom. Companies closing, job layoffs, foreclosures and the stock market crashing. No political scandals or crazy celebrities to take my mind off the bad economy. I flashed back to the last big recession in my life; the 1980′s in Alberta. [...]