October 23, 2009
Law
One of the most important things you do as the manager of a rental property is communicate with the tenants. For things like rental increases, evictions, major repairs and the sale of a property you have to serve official notice, and you must follow the notice periods laid out in the Residential Tenancies Act. The [...]
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October 15, 2009
Property Management
There’s no excuse for a real estate investor not to know the Law. In Alberta you can read it for free online, download it or get it shipped to you for anywhere between $2 and $6. In Alberta there’s five documents you need to be aware of, the Residential Tenancies Act (the RTA) and four [...]
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Mortgage Default Rates and Assumables
September 16, 2010 Real EstateSara had a great post over at the Edmonton Real Estate Blog about Mario Toneguzzi’s article Mortgage arrears soar in Alberta. What made the post really fantastic was the discussion (still ongoing three days later) which followed in the comments. I pointed out that one thing which is likely contributing to higher arrears is the [...]