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Alberta

Has anybody seen a greenhouse around here?

April 2, 2008 Alberta

Charles Frank from the Calgary Herald wrote an interesting article about carbon, climate change and Alberta. He said a couple things I don’t fully agree with, although I’m sure in an extended discussion we’re in agreement. The majority of his article is right on the money. In a nutshell: Canada produces slightly more than 2.5 [...]

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How is Telus not bankrupt?

March 31, 2008 Alberta

I hate Telus. They’ve always been annoying. Their cell service has always sucked, their reps are frequently annoying, and then they tried to sell porn on their cell phones. Now I’m trying to get a phone line hooked up. I’m in the middle of trying to buy some more real estate, so it’s a good [...]

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Playing with Real Estate in the Oil Sands Box

March 28, 2008 Alberta

It’s Friday and that makes me happy. It’s going to be a great weekend for me, and there’s a couple more properties I’ve done a cash flow analysis and some due diligence on and have asked my Edmonton team to go check out. Might be a motivated vendor. Today I’m going to share some more [...]

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Property #1? P0wned.

March 17, 2008 Alberta

Kiss me, I’m a real estate investor. I just got the call from my JV partner that we bought a townhouse. I’ll post more next week after I’ve crunched the paperwork this weekend back home. I’ll post the whole story after the whole thing is cleared, but now you know how long it took me [...]

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Alberta Economic News for Real Estate Investors, March 10, 2008

March 12, 2008 Alberta

Today’s going to be the first of a series of posts just to provide news on the Alberta economy and real estate market. I’m indebted to Joe Iannuzzi, the staff and members of REIN, and all the others who share news in the Alberta Economic Fundamentals discussion at myREINspace. Oilsands job growth enters new phase [...]

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The Tories Are Back: 2 Reasons Why and What it Means for Real Estate

March 3, 2008 Alberta

I think that CBC’s headline says it best. Albertans re-elect historic 11th straight Tory government There are two big reasons why Honest Ed won, and CBC points to them, if obliquely. Driven by the booming oilsands, the province is grappling with major growth pressures, including a lack of affordable housing and aging infrastructure, as well [...]

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Six Steps to Finding Cashflow Creek (and two bonus steps)

February 25, 2008 Alberta

The secret to investing in Real Estate is Cash Flow. If you get some cash out each month/quarter, you’ll be able to continue to invest. If not, you’ll be stuck nursing along your one property and never make any progress towards your own personal Belize. Because I hear and read a lot of new investors [...]

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