Author Archives: admin

About admin

Bill has been investing in Calgary Real Estate since 2003 and has been writing about various Real Estate topics since shortly after he started. With a significant amount of Real Estate transactions and experiences he is able to pass his knowledge on to other investors and partners, and now you through his Real Estate blog. To automatically receive new posts, be sure to sign up on the top right of this page and I will send you a free ebook on Screening Tenants.

Landlord Tips #5, Take The Emotions Out, It’s All About the Numbers

Much like Tip #3 and #4, if you look at the numbers and take all the emotions out you are able to make much better decisions. DO NOT FALL IN LOVE WITH A PROPERTY OR TENANTS. Just because a property … Continue reading

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Landlord Tips #4 – Don’t React, Pre-Act, Solve Potential Problems Before They Become Real Problems

The first bounced check, the first unexpected vacancy, the suddenly leaky roof, these can all come out of nowhere, but need to be taken care of immediately. You should have explicit steps explained in your leases as to how you … Continue reading

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Landlord Tips #3 – Being a Landlord is a Business, Treat it Like a Business

Businesses need a plan to survive and being a landlord entails being a business owner. They do not just decide to open shop, sell widgets and then make money. Before starting out as a landlord, make a written plan as … Continue reading

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Landlord Tips #2 – Spend Extra Time Screening Tenants, So You Don’t Spend Time Evicting Them Later

One of the most important landlord tips experienced landlords are aware of is the proper screening of tenants. Beginning investors are often too anxious to just fill the property with anyone to help make the payments. This path leads many … Continue reading

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Landlord Tips #1 – Don’t buy where you would live, buy where tenants live

Sure, the houses may look pretty in the suburbs, and the prospect of having upper middle class tenants’ sounds inviting, but it’s not how to invest for profit. By purchasing in nicer areas, you are paying more for the property … Continue reading

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Another Land Developer Lands in Hot Water

It’s been a rough year for investors who went with some of the large developers with huge advertising budgets. Already this year we have seen Concrete Equities and Bridgecreek Development run into some serious issues, now Shire International Real Estate … Continue reading

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A Funny Thing Happened on the Way to the Drunk Tank

Bet that headline caught people’s attention, and no, it wasn’t me heading downtown for a sleep over either. It was one of my tenants, twice in two days matter of fact. So here is some quick background for you before … Continue reading

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Alberta #1 in Personal Bankrupcy’s, Duh!

What a great way to feed the fear that is already prevalent out there just to shill a few papers. I just read the article from the Edmonton Journal talking about Alberta’s bankruptcy’s being up by 86%. The sub headline … Continue reading

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June Real Estate Statistics Show Sales Increasing!

June marked the sixth month in a row of increased Real Estate sales and this continues to help  keep the Calgary and area Real Estate market sitting in a balanced environment. As I discussed before a balanced market is where … Continue reading

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How Can I Help You?

So how can I help you? Really, do you have questions about Real Estate? Do you wonder how mortgages work and whether a fixed term or variable rate is best? I have been actively involved in Real Estate for over … Continue reading

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E + R = O

Anyone familiar with this formula? Or want to take a guess? You will have to keep reading to find out the answer. I obtained this formula from Jack Canfield’s The Success Principles book which I am re-reading yet again as … Continue reading

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So What’s With the Scary Headlines?

Scary headlines sell newspapers. Think about it.  You walk by a newspaper box and read a headline that says “Family Dog Bites Person”, who cares.  Instead, if the headline reads “Vicious Pit Bull Attacks Grandma”, now someone’s grandmother was attacked … Continue reading

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Variable Rate Mortgages, Lock Them or Leave Them?

This seems to be one of the most frequently searched topics on my blog currently and there are no easy answers for this as every person’s situation and mortgage is different. Although there are some suggestions I have that may … Continue reading

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What Does the Price of Oil have to do with Globalization?

If you don’t know who Jeff Rubin is, he was formerly the chief economist for the CIBC and he always had some interesting views on the the Canadian economy and the world economy. He was recently on the Hour with … Continue reading

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Has the Real Estate Market Rebounded?

The latest statistics for May are out for Calgary and area and there is some very optimistic news to be found in them, depending on how you interpret the numbers that is. Compared to May of 2008, the total amount … Continue reading

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