Real estate investing is a pretty forgiving world and the average person can still make money even with some pretty big mistakes.Buckle in, keep your arms and legs in at all times, and enjoy the ride!

Do you are you willing to take more risk for higher returns or would you rather have lower returns and more safety.

Ready: This is an opportunity to arm yourself with knowledge, wisdom and know-how from experienced players in the game.

If it was not an arms length transaction explain that too.Just my 2 cents and good luck!

@Shin Bo  -  I'm getting 6.35% w/ my commerical lender on a 25 year ARM

I have since switched careers into Occupational Health and Safety, which treats me very well.I would certainly appreciate any additional insight on creating an investment/income property situation in Edmonton. 

I give them a list of comps in the neighborhood that help my case or the details of my purchase since a property is worth what someone will pay and if I bought it on an arms length transaction, that should be what it is worth less personal property like applicances ect. 

I agree with John here about the uncovered loss part.Even more importantly, what I want investors to know is that they need to think about the safety of the occupants in the building.

Health and safety issues are what need to be addressed anything else is just keeping the rent any happy. 3.

I am talking safety issues here.