Real Estate prices typically follow 1 -2 years behind oil and gas activity, so hopefully we'll see prices climbing again in a year or two.Our plan is to pick up as many cashflowing properties as we can while the market is down and soft, then re-fi when it improves and recycle the capital into more projects or possibly down into the states on larger deals.

So, you’d only make $5K.There is no way you would do that deal, but do not just brush the agent off.

For example if you buy properties in certain areas of SoCal you may be charged a premium to due Fire Risk if you are too close to brush areas.

The fix there is going to be a steam cleaning followed by steel brush with some TSP or oxalic acid (Bar Keeper's Friend) and digging out the top layer of the grout with an oscillating tool.There was no need to replace the tile around the fireplace to deal with that stain.

I thought for sure Calgary will crash with 2 oil prices crashes since 2008 – the market is now described as “soft”.

@Matt Hendrickson to each there own but times have been good for a while now and I’d except some market softness around the corner.

@Mike Reynolds I need to brush up my TX geography lol.

Sent my maintance man who could find no leak, evidence or a past leak, no softness or anything coming from out unit.

That's just a soft-stop limit so I don't get crushed one month because of 10 $200 jobs.

When they do this it is considered a "soft pull" and does not impact the applicants credit score.If your municipality does occupancy permits they will set the maximum number of occupants in a unit.