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All Forum Posts by: Steve R.

Steve R. has started 3 posts and replied 64 times.

Post: Getting rid of super-strong pet odors in a rehab -your story?

Steve R.Posted
  • part-time investor/landlord
  • Calgary, Alberta
  • Posts 66
  • Votes 27

ducts have to be cleaned anyway since the filter is black

good idea to prime subfloor before putting new flooring

vacuum as much as possible in all little holes

all surfaces that are not being replaces wife out with 50/50 vinegar and water

ventilate as much as possible

and my favourite, look into investing into an ozone generator machine, you can get one online for 200-300 bucks,

with all that, you should have no problem

good luck

Post: Deal in Calgary Radisson Heights SE.

Steve R.Posted
  • part-time investor/landlord
  • Calgary, Alberta
  • Posts 66
  • Votes 27

I would not bother with this one given it's zoning

nothing special about numbers either

Post: Rental Property Cities?

Steve R.Posted
  • part-time investor/landlord
  • Calgary, Alberta
  • Posts 66
  • Votes 27

my rentals in Calgary are cash flowing even with the rents down right now.  I have never considered student market since seems it is very seasonal (8 months out of a year) and thus vacancies and turnover, and that they would have to be made much more tenant-proof against students (plywood under drywall to avoid holes in the walls, etc).  It is possible to find properties in Calgary to cash flow, just do not concentrate on expensive areas.  I am not talking NE, but even there are some decent areas and not as expensive as SW and NW.  Consider SE such as Ogden (city train in the plans there, Glenmore trail should be finished this year, and lots of factories and offices not far from there), Erin Woods, Applewood.  The market has already started recovering, we should see some positive impact this summer, but the recovery will take a while, we lost too much ground in the last two years.

Good luck

Post: If you HAD to make $100,000 in the next week, what would you do?

Steve R.Posted
  • part-time investor/landlord
  • Calgary, Alberta
  • Posts 66
  • Votes 27

how much do kidneys go for these days?

Post: Does BRRR work in Canada?

Steve R.Posted
  • part-time investor/landlord
  • Calgary, Alberta
  • Posts 66
  • Votes 27

good idea on

"

Get aligned with REA's in the area that find ugly houses that aren't candidates to be listed to the retail MLS market audience"

but how do you find them? all that I have ever come across just use MLS and do not look around

Get aligned with REA's in the area that find ugly houses that aren't candidates to be listed to the retail MLS market audience

Post: Canadian Investor

Steve R.Posted
  • part-time investor/landlord
  • Calgary, Alberta
  • Posts 66
  • Votes 27

@Jett Rao there is still lots of safety margin to cash flow in Calgary, right now it is just much less cash flow then before.  Having upper and lower units and renting a garage separately works for me.

Post: Canadian investors

Steve R.Posted
  • part-time investor/landlord
  • Calgary, Alberta
  • Posts 66
  • Votes 27

Calgary here

Post: Hi everyone I do things a little bit differently

Steve R.Posted
  • part-time investor/landlord
  • Calgary, Alberta
  • Posts 66
  • Votes 27

I mentioned something like this to my wife and she almost killed me.  Moving, living in renovations with kids....

Post: Keep or change Windows?

Steve R.Posted
  • part-time investor/landlord
  • Calgary, Alberta
  • Posts 66
  • Votes 27

you mentioned they are large fixed windows

most likely there is a way to just remove the glass and put the double glass unit in it's place

if I saw a picture, I could tell you more

but this would be much cheaper than replacing the whole window