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Chris

12 Cash-Flow Assumptions You Haven’t Thought of Yet

October 24, 2011 Buying
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Last weekend Brent and I attended one of the Real Estate Investment Networks’ ACRES weekends. It’s always a good refresher weekend and the people I meet there always amaze and inspire me. We often take out a booth to share our listings and our services as REALTORS®. However, since Brent joined me this July, we’ve [...]

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Eat, Learn, Move – A Man’s Guide to Eat, Pray, Love

August 18, 2011 Cool Websites

One of my favorite time-wasting ‘relax’ websites is a video aggregator blog called Devour. I take no responsibility for the ensuing addiction if you click that link. Today they posted one of three short films I had to share with you. They’ve done a Man’s version of the popular book Eat, Pray, Love. My wife [...]

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Making Multiple Mistakes Multiply – Advice for Buyers

August 17, 2011 Buying
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I’ve been in several multiple offer situations this year and learned of several interesting situations that other REALTORS® have experienced. First, someone had a great question on myREINspace about how you know if there’s another offer on the table. As an agent we’re required to disclose when there’s another offer. That said, an offer isn’t [...]

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Can I have the trampoline too?

August 8, 2011 Buying
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That’s a picture of one of my clients enjoying her new (to her) trampoline. It cost just a little over $300,000. Included with the trampoline was a very nicely renovated and maintained 1,200 sq ft bi-level in St Albert. Usually when you buy a house the offer to purchase has space for two types of chattels [...]

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Edmonton Rental Market Survey – June/July 2011

July 26, 2011 Property Management
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Things have started moving a little more quickly in the Edmonton rental market this spring. Incentives have almost totally disappeared, and many Property Mangers and investors have said they’re starting to test the waters, moving rents up by $50-200/unit. Vacancy is down more, slightly below 4% according to Colliers, and things are (usually) renting quickly. [...]

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Why The Bank of Canada Won’t be Raising Rates Soon

June 23, 2011 Economic Fundamentals

Today I was at the dentist for a cleaning and checkup. (It doesn’t matter how old I get, it’s always nice to hear them say ‘no cavities’.) My dentist has nice TV’s at every chair, so I dialed in some BNN. I had a nice chat with my hygenist who said something along the lines [...]

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Buying Multi-Family – Sellers’ Market Tips

June 21, 2011 Real Estate
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It’s 2011 and Edmonton’s still a funny market when it comes to multi-family investment inventory. There’s only 58,557 purpose built rental units in Edmonton according to CMHC (page 2, PDF) and that number is shrinking. That’s 58,000 units for just over a million people compared to almost a half million units for Montreal’s 3.6 million. That’s [...]

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