The Blog

Late is better than never, right? I've been very busy this past week with our newest investment property, plus Diane being now 7 days past due is adding to the complexity around here.

As I eluded to last week, I have been overwhelmed by the number of calls and emails I've been receiving from folks interested in our newest rental property from afar. I've gotten inquiries from as far West as

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I’m keeping the article list a bit shorter this week – just two articles that show how strong the Canadian economy is, compared to the states, and how Alberta is now the ‘have’ province that the rest of the country is watching.

We took possession of another property on Monday, and are knee-deep in the middle of orchestrating renovations, tenant screening, and ensuring our investor receives great

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Here's a few of the news articles that came out this past week highlighting the Alberta economy.

The Alberta budget

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As you would expect, I find myself talking to a lot of people about investing. I talk about the shortage of quality housing, and about the sub-prime crisis. I discuss how the tenant is your real asset, and not the house.

But the one thing that I talk most about is the power of leverage. This one thing is the most powerful part of real estate investing, and can sky-rocket your returns.

So, how does

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The news this past week has been dominated by two things; (1) the rising price of Oil - specifically gas at the pumps, and (2) the plateau that the Calgary real estate market is experiencing. Some 40% of active listings on the MLS system right now are either vacant or tenant occupied properties, showing how many investors are buying into the negative headlines and getting caught-up in fear.

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I'm sending this week's email out a bit early because I'm off to Toronto tomorrow morning for a Real Estate conference, and won't have an opportunity to put this together in the morning.

It's been a good week of articles showing how the rest of the continent is viewing Alberta, and how Alberta clearly deserves their attention.

Alberta economy sets employment record

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