All Forum Posts by: Josh Horvath

Hello Everyone,

I live in a small town just outside of Calgary Alberta. My wife and I have been investing in SFR for about a decade.

Has anyone  from Alberta found a rental property that meets the 1% rule? 

We would really like to hear any success stories or if anyone has even come close. 

Josh Horvath

Hello Alan,

I completely agree with Kai's comment. Self management can be tricky if you do not take the right steps to protect yourself. Self management can also be highly profitable (more than just the 10% fee) and allow a great deal of control when selecting your tenants. 

As our screening process has become more strict, our quality of tenant has improved dramatically. I would suggest a detailed application form that includes the required permission for credit checking as well. This is completely legal where we are but should be verified for your area.

My wife and I are eager to take a leap into fix and flip. This is the first analysis that we completed for a property we are actually interested in and I would like all the constructive opinions and criticism you can provide.

Thank you!

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