Evictions Are Popular These Days

NotepadI had hoped to have my eviction package all complete by now, but time has managed to get away from me and the project keeps expanding. Currently I am just finishing page four of the outline up, I already have about a dozen pages written and I have ideas for about a dozen more! My original deadline of December 31st is long past, but I will keep working away.

I was just checking some of the stats earlier today and I have had over 300 hits on the blog all directly related to evictions in Alberta. Obviously people are looking for information, I might as well be the one to supply it! If I have helped you previously with an eviction, or you have suggestions about what to include, I would love to hear from you so I can help guide the next person in a similar situation.

My goal is for the completed work to have the whole process covered from whether you need to provide a 14 day eviction notice to the final steps to regaining possession of your property from a tenant.

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Foreclosures in the US Continue to Rise in 2010

houseandmoneyIn previous articles, I have mentioned it is too early to jump into the US housing market unless you have a very long term plan. This latest article in Business Week seems to concur with my thoughts.

2009 was a record year for foreclosures in the US with an increase in the number of foreclosures of 21% versus 2008 and they believe 2010 will be worse. The majority of this is all related to the adjustable rate mortgages resetting to higher interest rates causing payments to increase on many properties by double or more.

With any equity in the property wiped out, it doesn’t make sense for many homeowners to continue to make payments on a house they owe $100,000 or more above its actual value. With the ability in the US for mortgage holders to just walk away from this loss without the lender being able to come after them, it is exactly what they are doing.

So what does this mean to potential buyers? Well, as more of these foreclosed properties hit the market it will continue to drag prices downward, or at the very least leave prices very flat until all the inventory burns through and demand ramps up. So while that four bedroom home just outside Phoenix with the pool sounds like a bargain now at $200,000, in six months it may be more of a bargain.

You can read the full article here, Foreclosures: An Increase of 21% in 2009 and Climbing

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Collecting From Evicted Tenants

gavel2Great title, lousy article. At least that is how many of you will feel when you read this hoping to find an easy way to collect money from tenants you have evicted. Although some people have had success with collecting money from evicted tenants, unless the outstanding amount owed is over a couple thousand dollars you may be better off letting it go.

The time and energy you waste trying to collect could probably better serve you by spending extra time finding and screening for exceptional tenants to replace the less than stellar former inhabitants. For those of you looking to collect, though here is some information to help you with the process of either garnishing a former tenant’s wages, or potentially seizing tenant’s assets to pay outstanding deb.

If you are planning on doing this yourself, here is the link to the governments PDF on Getting and Collecting a Writ of Enforcement in Alberta. This 40 page document (yes 40 pages!!) walks you through the various forms and processes, but most importantly, it says this.

“Legal enforcement of a Judgment is often complex and difficult. Many aspects of creditor law and legal procedure have not been explained in this brochure. Court employees are not allowed to give you legal advice. Please consult a lawyer if you have any questions.”

They also include the phone number for the Lawyer Referral Service sponsored by the Law Society of Alberta which is 1-800-661-1095 or can be found at this link, Law Society of Alberta Lawyer Referral Service. You can receive up to half an hour free legal counsel by using this service. Once you have received some advice you can decide at that point whether to pay for additional advice or whether it may be worth it for you.

Due to the complexity, the other option is to have one of the collection/bailiff services do the process for you. Costs for this start at about $700 and can move upwards for additional services, so be sure you are receive a breakdown of what the potential charges will be prior to committing to anything.

Also, this is different from simply sending the tenant to a simple collection agency that attempts to collect outstanding money for a percentage of the debt. Companies like Foster and Co, Kurseshi and Company or Serv-it offer the full service of going through the courts and garnishing wages and can offload the time you would spend on the process.

If you have had experience collecting, or attempting to collect from former tenants, we would love to hear your thoughts on the process.

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You Gotta Start By Crawling Baby!

first stepsWow, am I ever grateful it’s 2010. 2009 was a pretty brutal year economically, business wise and action wise for us. We still have a few headaches that have followed us over into 2010, but with some strong action and forward movement on our part, instead of waiting to see how it plays out this time, we should be on a much stronger footing for 2010.

What I have realized as I reviewed some of the mistakes and shortcomings of 2009 was how far we have actually come. Yes, we lost money in 2009 on Real Estate, in fact a considerable amount which pains me every time I reflect on it. However, Real Estate also put us in a position so we had money to lose. If we hadn’t have started purchasing properties back in 2003 I would probably still be working at my old job, making a comfortable living, but not very happy. This life is so much better!

Financially we are twenty years ahead of where we were back then, even after the slowdown. Lifestyle wise we have the ability to show up to our children’s recitals in the middle of the morning, pick up our children after school and make our work fit around our hours. Sure, I had flexibility at work due to a great boss and plenty of seniority, but nothing like this.

None of this would have happened originally though if we didn’t start crawling and make that initial purchase that started us moving forward.  That initial purchase led to the next one and the one after that and so on. Much like a baby learning to crawl, there are struggles and surprises as you learn. Unlike a baby, these struggles and surprises can be bumps and bruises on your finances instead of your body.

Surprisingly many people who run into these setbacks in Real Estate tuck in their tails and become the loudest mouthpieces about how Real Estate can wipe you out and what a bad investment it can be. It’s amazing these people are able to walk. If they had the same mindset when they initially started crawling, they would have never left the safe spot they started at on the floor. Obviously, they didn’t stop trying to crawl though and managed to not only overcome crawling, but also learned to walk, talk and run.

So what changes our mindset as we grow older and potentially wiser? If we really had acquired wisdom as we aged, wouldn’t we realize we need to crawl before we walk or run in many of life’s adventures? Do we simply get too caught up in the fear of making mistakes that could cost us money or could damage our pride? Why do we lose the gusto to reach for that brass ring that appears to be just out of our reach?

As more people come to me for guidance and mentorship about Real Estate investing, I am seeing a colossal difference between the people worn out by day jobs and the people just entering the Real Estate business. The excitement they bring, the willingness to not only learn to crawl with their Real Estate investments, but the desire to learn to walk the talk to move forward can be an adrenaline rush to me. It reminds me of how when we initially started we ate, talked and dreamed of Real Estate almost 24 hours a day and how crawling eventually leads to walking and running. So remember, you gotta crawl before you start running!

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Another Tenant (Or Near Tenant) Story

crazy womanThis particular post could have also been titled “Google Knows All”, but it does revolve around tenants, so I thought I would share. Hopefully there are a couple lessons and some laughter for everyone in this.

Around mid December I received an email from a lady named Marla for my mixed residence shared accommodation property, it looked like this;

What is ur address? I am looking for a place
temporarily. I am a non smoker and very quiet..

Other than bad spelling it looked acceptable, perhaps she just texts a lot which accounts for the “ur”?  I responded by provided the district (I don’t like to give out the address until I can confirm it is worth my time) and at the same time asked when she needed a place.

She replied back as early as the upcoming Friday and asked for the address and inquired if she could see it first. We passed a few more emails back and forth and then I received a call from a private number the next day from a lady asking the same questions. I asked if the lady was Marla and she said yes (should have been a sign that she didn’t mention it first!!) and we set up a 2:00 meeting on the Friday at the property.

As is my practice, I asked her to give me a call about an hour prior to the meeting in case something came up and to verify I wouldn’t get stood up. She immediately said no, she couldn’t. Ok, that should have been warning sign number two, but we had a couple vacancies, it wouldn’t be too far out of my way, so I said fine, no problem.

Now I had two lawyers meetings that Friday morning and late Thursday afternoon the second lawyer’s office called and informed me we would have to move the meeting to 2:00. This was a refinancing that had to be done before Christmas, so I had to accept the new time, but now I didn’t have a number to contact Marla, and she wasn’t going to call.

Fortunately I did have her email address, so all I could do was email her and hope she read it prior to leaving to meet me. Luckily enough she did receive it Friday morning and called me. I explained the situation and we rescheduled for Saturday at 1:00. Being the “nice guy” I am, I explained it’s for reasons like this I like people to call an hour prior. Since the Saturday stop was semi on my way home from other rent collection it would work.

Anyway Saturday rolls around, I complete my rent collection early, get to the property about 45 minutes ahead of schedule and start doing some work while I wait. This property has an onsite manager, but he had to work the Friday and the Saturday, otherwise he normally would have met and shown the property.

So it is a few minutes before 1:00 and Dave the manager suddenly appears, he ended up not having to work that day, so I said perfect, he could hang out and meet Marla and show her the place. So I packed up, headed home and then checked up with him about an hour later, Marla never showed up.

Here I had worried about her the previous time, made an exception and strayed from my system of calls an hour before and in the end it just wasted my time and Dave’s. This however is where it really starts to get interesting, or should I say fun?

I festered over it the remainder of the weekend and Monday morning I sent an email off to Marla that read like this;

I hope you can understand now why I ask people to call an hour prior to the viewing, it saves the hour plus of wasted time I had sitting at the property only for you to not show up. Just another reminder to me why I shouldn’t make exceptions.

Merry Christmas

Well my new best friend Marla took exception to this and later in the afternoon I received this back, just without any asterisks in it;

F**k you you Canadian  scum. I don’t know you and don’t bother me again  or my boyfriend and his buddies will punch your f**kin head in .

Oh my gosh, did I hit a nerve?!!! A threatening email, what should I do? At this point I had a couple of options; drop it in case the threat was real, or push buttons. Since I am a natural button pusher I went that route.

There is where the “Google knows all” comes into play. I simply plugged her email address into Google and did a search and lo and behold I had pages and pages of links with her email address in it. **For you landlords, this is a great way to find out more about your potential tenants as well, think of it as a unique screening technique to acquire additional information about your tenant.

From the web search, I was able to ascertain the following. She had a history of placing ads in the Rossland, Kelowna, Trail, Selkirk and Nelson areas offering to housesit. She offered excellent references and would also pet sit. As I looked through more of the ads, she also rented out furnished rooms in properties, hmmm.

Now I am only assuming this, but from what I could see she was getting free places to stay, then subletting rooms out and making some quick cash, nice little scam. Flipping through more of the ads she had posted, she was now offering to housesit in Calgary, Canmore and Vancouver in separate ads over the holidays, so I am sure she was just between places when she found me and was waiting for an “opportunity” to open up.

It only became better the more I looked as I also found her putting ads out as a qualified legal assistant experienced with family law, personal law and litigation and as a medical records assistant with plenty of experience. and as a housekeeper, also with plenty of experience. The kicker was when I found one of her ads renting a place out in BC with her BC phone number. This led to me sending out the following email back to her;

I thought with your background you would have been slightly more eloquent? The problem with the internet is that is makes a wonderful shield for threats and bravado when in reality it just makes the threatener feel better about themselves. Maybe you need to go back to all your old haunts like Rossland and Nelson and continue with your house sitting program. After all with your excellent references you should have no problem finding a place outside of Calgary to housesit over the holidays.

Don’t threaten to send your boyfriend after me, if you have one, I don’t live at the property which is why I originally asked you to call in advance. If you want your boyfriend to come find me, call an hour in advance! With your previous litigation experience ( or could it pertain to personal injury law? Definitely not family law?) you should be well aware this email you sent me wouldn’t help your case. Anyway, I am done with you, unless you want to push it, so remember the internet offers only partial anonymity. If you do want to push it you can reach me at 250-308-XXXX, ooops sorry, that’s your old number.

Merry Christmas

My wife particularly liked how I ended by my emails to her with Merry Christmas. Oh and I did include her phone number without the XXXX’s as well.

Strangely enough that was the last I heard from her? So a couple lessons to be learned from this. 1) Don’t stray from your systems, in my case if I would have stuck to my guns and demanded the call an hour before I would have recovered some of my time and never had to deal with this. 2) Google Knows All, if you don’t want your information on the internet, don’t use it, otherwise be careful what you say or do, Google your name someday to see what comes up, you may be surprised. It can also be a useful tool for checking out potential tenants.

The positive part of all this is one more chapter in a potential book, so thanks for that Marla and thanks for providing what I hope was an entertaining post. If you have some fun tenant stories I would love to hear them!

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Calgary Ranked Top Real Estate Investment City in Alberta for 2010 by REIN

We're Number 1!

We're Number 1!

I just received my copy of REIN’s Top Investment Towns in Alberta for 2010 and Calgary has been tagged as the Top Town in the province over the next 3-5 years. How exciting! Except that I am selling some of our properties, but in that case how exciting for the lucky purchasers!

Now to help clarify this a bit more. Investing in Real Estate is only a get rich quick plan on TV shows. In reality it is a slow and steady race (think Tortoise and The Hare) where persistence and a long term plan work in harmony.

What Don Campbell’s report shows is that after Calgary’s predictable correction of the last couple years we are at a point now where we have more affordable housing conditions, a stabilized economy and renewed optimism. This all bodes well for the next three plus years for Calgary to see above average growth in property values, in-migration and general happiness for Real Estate investors.

So if you are currently investing, planning on investing or are considering investing this is some great news. Oh for Edmonton readers you are in position two this year after multiple years of being top dog!

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The Flood Gates Have Opened

So many books to read, so little time

So many books to read, so little time

I know, third post in as many days, what’s going on? Well as the New Year has started, the flood gates of information have started as well.

I have been getting inundated with all types of information regarding what 2010 will be like, some like the Don Campbell interview I have passed on, other less valuable information I have read myself and will incorporate into future posts.

One of the pieces of information I recently received was a link to Seth Godin’s new FREE ebook that is a compilation of thoughts from over 70 different authors. Most of the people you may have never heard of, but you may want to learn more about them once you read some of their views and thoughts.

The book is called What Matters Now and provides you many things to think about for this year. Here is the link for you to access this, Seth Godin – What Matters Now ebook.

If you haven’t read anything else of Seth’s, I highly recommend you pick up a couple of his books either at Chapter’s or the library, or you order them online from Amazon here, Seth Godin book’s. One of my favorites was The Dip, which talks about the inevitable dip in a growing business and helps guide you to whether you need to quit or push forward before you waste to much time. Lily, this may be for you!

Two others you may also want to check out (although they are all good!) are Purple Cow, and Meatball Sundae. He does like unique titles! There are numerous other titles as well, but these would make an excellent start, especially for anyone involved in marketing.

Just to help introduce you slowly you can download his other recent book Tribes as a free audio file to play on your iPod or other MP3 player. It is available through a service called Audible.com and as a warning they require you to load some software on your computer to properly download the audio book. The direct link for this is as follows, Tribes: We Need You to Lead Us – Seth Godin Free Audio Book.

If anyone has already heard this I would love to get your thoughts, (Harold, did you end up listening to it?). I thought it had some very valuable points in there and I am trying to apply several of them, some right in this post!

Growing a successful Real Estate business, or any business for that matter, requires a willingness to learn and Seth Godin has many ideas for people to learn. So if you have read any of his books, would you recommend them? If so, could you tell the tribe why, because remember if it helped you, it may help someone else to read it as well?

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Don Campbell on BNN Talks About The Canadian Housing Market for 2010

As a REIN member and an investor I am a big fan of Don Campbell and here is a clip for an excellent interview Don just had regarding Real Estate and what is coming up for 2010.

Looks like BNN only hangs onto video clips for a little over a year. They have moved the link and the clip is no longer up, fortunately there are plenty of other articles here for you to read about!

Don has some great points in here about investors starting to spread investments from just stocks and into more Real Estate investments. He also talks about viewing Real Estate as a longer term investment, not a get rich quick scenario. What are your thoughts on the interview? Did he make sense to you?

 

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No I’m Not Giving Up On Real Estate!

mmmm Coffee!

mmmm Coffee!

I had a few inquiries yesterday whether I was packing it in, this is far from what is happening. We are actually simplifying and this involves getting rid of quite a few of our current properties.

Most of them are rooming houses which although they have been a huge source of income for us over the last five years, have also been a drag on our morale. Originally there was three of us working together doing all the required work, but over the last nine months I have been dealing with all the tenants basically alone and it has just worn me out.

So we are simplifying things by getting out of all but three of these units currently. For someone willing to put in the work and eager to get some great cash flow it will be a tremendous opportunity. I just wouldn’t recommend renting out 48 rooms to tenants all on your own!

As for some of our other properties, perhaps we are just getting lazy, but we have the one property in the NE (Marlborough Park) we are selling and then we have another couple coming up over in Bowness as well. These properties are both about a 45 minute commute for us, we have made our money off of them and are ready to pass them on to someone else looking for a great deal and who will profit for many years to come.

We will spend the next several months re-balancing our lives,  simplifying and/or removing our headaches and then come back harder and faster than ever. We have some fairly simple plans for 2010 which involve getting back to our original business model which allowed us to be successful for so long.

2010 will involve plenty of Real Estate and there will be many new opportunities for people to become involved with us for short term investments and more Joint Venture partnerships. If you want to jump on our bandwagon and come along for the ride be sure to contact us, be sure to follow my postings and be sure to buy me a coffee!

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Investment Properties For Sale – Get Your Jump on 2010 Now!

house and dollarLet’s start 2010 off with a bang. For you investors reading this I have two properties I need to sell. One is a traditional rental with an upper suite and a non-conforming lower suite along with a detached garage. It is located over in Marlborough Park and currently has tenants in the upper unit and for the garage.

The upper suite has three bedrooms and one bath, while the lower is a single bedroom with bath. There is a shared laundry setup and along with the street parking, there are two gravelled spots in the back beside the garage.

The fence between the properties should be replaced in the spring or summer and it will need a new roof within the next couple of years. Those are the only major expenditures coming up. There is some work to be completed in the basement, apparently a couple hours worth of painting and sanding. Pricing is still being confirmed, but currently I believe it will be around the $325,000 mark which puts it as the second lowest priced property in the neighbourhood which would give someone a heck of a deal. If this interests you, contact me right away.

The second property is all about the cash flow. It is our biggest rooming house. Now this property has been a source of pain and suffering for me over the last six months, but it has also been our largest source of pure cash flow. With the ability to generate over $2,000 cash flow per month with vacancies or almost $4,000 when completely full, you can see why it is attractive and so lucrative.

This property is located in Ogden, has eleven furnished rooms and will include not only all of the furnishings, but we will also provide all of our systems to the lucky purchaser. We originally bought this property from another person running it as a rooming house and had to bring all of our systems in to make it work. You will be able to skip this step.

It is a full duplex with six rooms on one side and five rooms on the other. All rooms are furnished with beds, dressers, TV’s and linens. The two full kitchens and two partial kitchens are all complete with everything one needs to prepare meals, cook meals and serve meals. Also, the living rooms come complete with furniture and TV’s. To supply just the furnishings for the property would run close to $15,000 without taking into account the time and energy required to acquire and install them.

The property also is one title and is not currently subdivided. This will allow the owner to have a secondary exit plan of building a couple of infills or potentially a newer fourplex which they can sell off once they decide to sell, or they can pass on the building as a rooming house to the next individual.

We are looking at a purchase price of $525,000 currently on this. It was appraised at $500,000 for the building only, a year ago and you are aware prices have managed to crawl upwards from then, plus we are including furniture and our unique systems to streamline your operation. Once again, if this is of interest, please contact me as soon as possible. We will also have a couple smaller rooming properties coming up as we move forward this quarter so this could be the door to having your own fleet of shared accommodations and the accompanying cash flow.

I can be reached via email at bill@housez.ca or via phone at 403-870-4663, I look forward to hearing from you!

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My Biggest Mistake of 2009

contemplatingAnother year has flown by and this particular year has had its share of headaches, heartache and economic impact virtually everywhere on the planet. Although hindsight is 20/20, reflecting back on this past year I have become mindfully aware of my biggest mistake of the year, have you?

For anyone hoping to change their life, improve their successes and just make things better it is critical to look back and perhaps review what he or she could have possibly done differently.

For me this year was a financial nightmare. The losses we took will impact us for several years, but in hindsight, if we didn’t take chances originally, we would never have been in a solid enough position to weather this setback.

We have had some very successful years and we owe those years to taking some very significant action. When we started over six years ago there were many months of using advances on our credit cards to cover mortgage payments, hoping, begging, pleading that a property would sell before we ran out of room on the card! Knowing we had to take action to get things done.

During 2009 and even most of 2008, we never felt that same pressure, we never took enough of the action to get things done. Sure, we have had bursts of it, but we never ramped it up to the point where we were taking massive action.

In my mind and in my review of the year, this lack of massive action is directly responsible for our lack of forward momentum this last year and for us moving backwards rather than forwards. Our biggest mistake was simply a lack of massive action.

Historically the downturn of the economy has resulted in the creation of some of the biggest strongest companies out there. Companies like Hewlett Packard, Microsoft, GE and FedEx all began during downturns.

Many much smaller companies also started up during the downturn and have also succeeded. Much of this in part to the owner not being able to get a job and having to fall back upon him or herself to put food on the table. Failure simply wasn’t an option!

If you haven’t reflected on this past year yet, take a minute to look back, reminisce about how things could have been instead of how they are. Think about what you can do and must do in 2010 to make it a success.

This upcoming year will be a turning point. A time when things finally are starting to get back on track. So you can just roll along for the ride or you can step up and ensure you make things happen.

I know I have personally let tenants and partners take control of my life and our business, but this year will be different, it has to!

As a side note, I put a post up yesterday that I didn’t send out to everyone. If you aren’t aware, Jim Rohn passed away earlier this month. Jim Rohn was an incredible influence on many people’s lives with his incredible views on everything from motivation to success.

I found a video of one of his seminars on Frank Kern’s blog and enjoyed it so much I thought I should share it with my readers. The post is available here, Jim Rohn Video

Tell me what you think, both about the Jim Rohn video and this post. Tell me your stories about 2009 and any stories you may have about your successes or what you hope to change to make 2010 successful! I look forward to your comments.

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If You Aren’t Familiar With Jim Rohn

You missed out on an incredible person. Jim Rohn recently passed away and I managed to stumble across this watched this video on Frank Kern’s blog. I enjoyed it so much as it made such sense, as much of his information does, that I felt my readers should have an opportunity to see it as well.

Some of his statements in the video make so much sense, so if you enjoy it, have heard some of his works previously or have some comments I would love to hear them.

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Alberta Eviction Questions and Answers

apartment for rentI receive a considerable amount of emails and searches on our blog regarding evictions every week and quite often, it is the same or very similar questions. Here is a list of my top five eviction questions to help you out.

1) Alberta Eviction Question One – Can a tenant be evicted in the winter in Alberta?

  • a. It’s cold outside, the weather can be frightful, but yes if a tenant doesn’t pay their rent or causes a serious breach of the rental agreement they can be evicted. The tenant and the landlord have a contract that both sides have to uphold and is regulated under the Residential Tenancies Act of Alberta.

2) Alberta Eviction Question Two – Can a landlord cut-off utilities to make a tenant leave?

  • a. Absolutely not, if the landlord shuts off heat, water or any other utility that he is responsible for paying they can be fined and find themselves in a very bad spot. The secondary question that comes with this is no, you cannot take the front door away for repair either, nor can you change the locks on the tenant without going through the proper procedures.

3) Alberta Eviction Question Three – How expensive is it to evict a tenant?

  • a. If you go through the Residential Tenancy Dispute Resolution Service (RTDRS) there is a $75 filing fee to have a hearing. If the hearing officer decides in your favour, the tenant is responsible for paying you the $75. Unfortunately collecting the outstanding $75 can be much harder than winning the hearing. If you win the hearing and the tenant still does not vacate it can cost you another $400 to hire a bailiff and have the tenant removed.
  • b. There are also full service eviction companies that will charge you from $600 to $1,000 and up for the service and depending on how much additional work is required the fee will continue to increase.

4) Alberta Eviction Question Four – Do I need a bailiff to evict a tenant?

  • a. For most evictions, you can complete the entire process yourself through the RTDRS and may not require a bailiff. The only time during the eviction process that you absolutely require the bailiff is if the tenants receive an order from eviction and do not vacate the premises. At this point, you require a bailiff to serve the tenant(s) with the writ of possession which gives you your property back and allow you to legally change the locks and allow the police to charge the tenants with trespassing if they return.

5) Alberta Eviction Question Five – What is the fastest way to evict a tenant?

  • a. Each circumstance is different, but generally, the quickest method is to file immediately with the RTDRS and get a hearing date. This will be the quickest sure fire method to evict a tenant. You can provide a 14 day eviction notice to a tenant, and then if it appears they will not be vacating you can file at RTDRS, but it will add an additional week or more to the process.
  • b. In the case of a tenant causing serious damage to the property or threatening the landlord or other tenants, you can provide them with a 24 hour eviction notice. Once again, if they do not vacate you still have to file with the RTDRS and go through the process.

Hopefully these provide you with some answers that help you move forward, either as a landlord or as a tenant. As a bonus, here is one additional eviction question.
Alberta Eviction Bonus Question – How long does an eviction take?

  • If you follow the systems we recommend (including properly screening tenants), a landlord can have their property back and the tenants evicted in approximately 15 days. Depending on the circumstances, the hearing officer may allow the tenant to stay on and make additional payments to catch up outstanding rent on a set schedule. If they miss any of the payments on this set schedule, you can take your property back within a few days.

If you are a landlord and found this site while you were searching for eviction help you definitely want to check out our main eviction site

www.AlbertaEviction.com

You’ll find dozens of articles about evictions that can answer many questions landlords or tenants have. Over 1,000 comments on the sites with questions asked by people in situations likely very similar to what brought you here. And I even offer consulting and guides if you need help moving to the next step.

You can register there below and start getting information about the eviction process right away. Just click the link below or go directly to the site by clicking the link above to look around.

I rarely check comments on this site so I have disabled them.

If you need assistance or have questions please visit www.AlbertaEviction.com

Here is some more additional eviction articles for you;

The Eviction Process

The Eviction Process – an Extended Walkthrough of an Eviction

Police Tactical Visiting is a Great Reason To Evict!

Landlord Tips – Filling Vacancies and Saving Headaches!

 

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Do You Need to Revisit The Big Picture?

Christmas balls world mapAs we are on the back end of what has been termed the worst economic situation since the Great Depression, do we need to re-establish the Big Picture of what is happening in the world? Sure it’s fun lamenting about how crappy the last year and a half has been, talking about the layoffs, the drop in oil prices, perhaps we can bring up how the government royalty program is directly responsible for the global meltdown (oh did that come off to sarcastic?), how it’s just not great like it used to be?

You remember, when we continuously complained about how expensive property was getting, when we complained about how busy it was, when we were frustrated at the incredibly poor customer service virtually everywhere due to lax hiring standards, you know the good old days. It just seems if we aren’t finding something to be annoyed with (did you go outside anywhere Sunday in Alberta!), we just aren’t happy.

Far too many people are caught up in the moment, it is definitely time for many of us to revisit the Big Picture, and I am not talking about global warming right now either. That is a separate rant. We will still feel repercussions of the recession for quite a while, there will be plenty of debt for people to pay back, there will be more pressure on homeowners as values keep increasing, we have to accept it.

Look forwards a year, two or perhaps even further down the time line, what may be happening then? As I like to mention, what happens when the global economy continues to ramp up? First and foremost demand for energy (think oil and gas) will eventually increase, this is a good thing! If you haven’t paid attention, neither China nor India are going away, in fact they are expected to continue to have more incredible growth in their economies for the next several years.

Too many Canadian companies have focused on dealing with the US, after all, it’s easy, and they are just across the border. As Canadian companies start to look globally to economies that are more active, (I think the US will be stagnating under all its debt for quite a while yet) more business will be directed globally. Global business requires more energy! Canada and specifically Alberta provide energy; can you see where this is going?

The Big Picture is things will continue to improve and while we won’t repeat the same unbelievable levels we were mid this decade, we will be rolling along. We will still have people complaining about something then, but for the majority of us it will be a much better place.

Since I brought up a potential rant about global warming, here are a couple thoughts for you. As global warming and its new nom de plume, climate change continues to take center stage; wouldn’t it be great if we see more electric vehicles in use. After all, they use less gasoline and are more efficient, we just have to plug them in? Our already over taxed electrical grids would welcome even more burden on them, then we can fire up more natural gas or “clean coal” electrical plants overnight to help increase power in the grid. Except it won’t be overnight, it takes a couple of years of longer to build a power plant, and they already account for 26% of the CO2 emissions in the world, making them the largest single source of CO2 emissions globally.

Perhaps there will be even more pressure due to the climate conference on Canada and  Alberta to reduce CO2 emissions most specifically relating to the oil sands. This as the US has already announced they are planning on weaning off Middle Eastern oil within ten years. This leaves Venezuela (gosh that Hugo Chavez seems like a nice fellow, very rational and looking out for everyone, seems to love the US too), Mexico (thought to be a net importer of oil due to its growth within the next five years, oops one more tap turned off) and perhaps Canada?

Who do you think will win that one? The energy starved demands of the US perhaps? If they do put reductions in place, the oil just becomes more expensive, which eventually leads to price increases that get passed on to the consumer. Presently one in every five barrels of oil the US uses comes out of Canada; one barrel out of every 20 comes from the oil sands. This number will only increase as Obama moves away from Middle Eastern oil and it has to come from somewhere stable, and nearby. What affect will this have on our economy?

Of course as our economy goes, so does our Real Estate. This really puts a big smile on my face as I look at the Big Picture, now if I can only get through 2009.

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What Were They Thinking?

The capacity for people to continually astound me never seems to end. Here is an email I received today from someone looking for a room.

Hello! The following is a reply to your “Rentals For Women, Short Term Shared Accommodation” Ad on Kijiji:

From: sleaze.queen@h******.com
Hi! I am very interested in renting from you. How long wouldI be able to stay? And what are the monthly rates? 🙂

You can respond to “sleaze.queen@h******.com” by replying to this email.

So what do you think? Should I rent to her? People, take a minute to think about how your email address represents you! Hopefully it’s just a prank email, but unfortunately it probably isn’t. On the positive, my book of landlord/tenants stories grows a page a day lately!

For those looking for a picture for  the post, sorry, everything I found wasn’t appropriate!! This is the best I could come up with.

What were they thinking?

What were they thinking?

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