Avail Properties Inc.
200 Gray briar Dr T7Z0G1 Stony Plain, AB, Canada
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General Information
Locality: Stony Plain, Alberta
Phone: +1 780-862-5762
Address: 200 Gray briar Dr T7Z0G1 Stony Plain, AB, Canada
Website: www.AvailProperties.ca/
Likes: 607
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Psychiatrist, exorcism or property manager! There are things you know, things you know you need to know, and things you don't know you need to know. Heres one I bet you didn't know you were going to need to know.... Yesterday Melanie our resident satisfaction manager contacted me while I was out conducting showings and fixing a water leak. An elderly resident called and said she was hearing voices from the microwave. I asked if the voices were telling the tenant to do anything. Melanie said she didn't ask and that it sounded like a radio show. I was relieved as I was picturing my microwave berating me for my eating habits. LOL I think they should create a weight loss microwave that only turns on during certain times and asks if your sure you need another Poptart. Melanie did a Google search and found this article. The microwave was unplugged and plugged back in and the voices have stopped. No need for an exorcism on this one.
How to clean walls and trim very quickly. Landlords save your back and your knees when preparing for a new tenant! Tenants use these tricks to make moving easier and ensure you get your full security deposit back.
When the add says no pets does that mean no cats? Yes it does. Today I am replacing the heating element in a 4 year old dryer because of cat hair. Am I charging for it? Do you think the Tenancy Dispute Board would award the owner the damages? The answer is no. We charge a nonrefundable pet fee and monthly pet rent. It is often not enough to cover pet damage especially when the pet owner is negligent. Upgrading fencing to a accommodate pets is costly and the wear and tear ...expenses are very real. Sorry but it doesn't matter how well behaved or old your pet is. We know your pets aren't just visiting. Please adhere to your lease commitments and get permission for pets or your the reason landlords don't want them.
The profitability of residential real estate Investment is going to be minimal for the next 10 years. I expect all mid level and high price points in residential homes to experience a decrease in value. Possibly 10% in Alberta and 30% in the more bubble affected areas. Entry level home prices to stay stagnant. Supported by baby boomers downsizing, insured mortgages, and pent up millennial demand.
Turn this up loud and take a somber moment for the fallen to revel in thanks for the freedoms we have. Thank you to all our veteran, military and civil servants
What has your tenant seeking experience been lately? Population growth and higher mortgage qualification rules keeps demand up for current rent rates but lower student rental demand has reduced because of online classes and international travel restrictions. We do our best to not have vacancies in Oct, Nov and Dec. There is far fewer house hunters when there is snow on the ground. ... Lately we have had very few inquiries. In addition to the weather, I think the 2nd wave of COVID has people deterred from moving. It seems like every inquiry we get is "I have to move now" and "I am unemployed with bad credit" it's a very transient clientele that will likely move out on is just as quickly. What about your current lease? Don't you need to give notice? Not very good prospects. Pp It is the same ads for a lower price that we have used before and they performed very well. We had multiple applications to choose from in addition to dozens of showings. Showing an occupied home is far more difficult these days with giving notice and COVID symptom questioners. The only inquiries we get can'twait for the currenttenant to move out. Its almost an automatic month of vacancy. Maybe people are just busy or distracted by the election and scary news and Christmas coming. It is oddly slow
It is very important to have renters insurance. Heres a scenario that illustrates why The unit below was damaged by the toilet overflowing. ... The lower unit owner filled a liability claim against the landlord and the landlords insurance company declined to pay as the tenant caused the damage. The lower unit owner will come after the tenant and the landlord to pay for the damage and the landlord will file a claim against the tenant for plugging the toilet allowing the toilet to overflow. If the tenant has insurance all is good and if not they will be required to pay for the damage in both units and continue to live up to their lease commitments. Considering we are talking about feces it is likely that one or both units may have been uninhabitable for a while so additional housing and food costs will be applied. Less than $20/month for insurance is nothing compared to the costs incurred in this scenario. Click on this 5% off discount code for your tenant insurance http://secure.nuerainsurance.ca/renters/
Yay we have always enjoyed giving out Certificates of Satisfactory Tenancy and reference for tenants. Now we can make positive reports of what is commonly people's largest expense.
BUYING YOUR FIRST INVESTMENT PROPERTY IS FULL OF UNKNOWNS "I don't know how to find a good property" "I don't know how to get the downpayment" "I don't know how to manage a property"... etc, etc When I started investing in real estate. I DIDN'T KNOW ANY OF THOSE THINGS EITHER. In fact I didn't even know what I needed to know. For 20 years I worked in residential construction and witnessed people succeeding in real estate. I had a dream and the determination to provide a better future for me and my family but the stock market and financial advisors weren't getting me there. I found great educators and read tons of books. My passion drove me to spend thousands of hours and thousands of dollars learning at seminars. Still I learned most things along the way. To this day.....I still don't have all the answers. I never will!! But with the collective knowledge of my network I profitably navigate the real estate cycle for my family and my clients. ONE THING I KNOW FOR SURE IS IF YOU DON'T GET IN THE GAME YOU HAVE NO CHANCE OF WINNING IT. Telling yourself you don't know how to do 1000 different things isn't going to get you anywhere. Instead, assess the situation.... Find others that are successful at it Find a trusted guide that isn't asking for thousands up front.(if they are so successful why do they need to sell you something?) Accelerate your learning by asking your guide to curate the most effective education. Go in the field.... Get your hands dirty.... Win some, lose some.... Reassess and recalibrate.... Then go out and do it all over again.... Keep doing it for a long time. That's how winning is done. Embrace the uncertainty... If your like me and have a passion for real estate investing you can succeed with determination and commitment to learning. Or You can partner with a trusted guide and avoid all the pitfalls. Either way it is well worth the journey of becoming!
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