Category Archive: Real Estate

Nov 19

Death of a tenant

If you own enough properties, and rent to enough people, sooner or later you’re going to have a tenant die on you. So far, Ive had this happen twice to me, once was unexpected (a young tenant of mine was killed in a vehicle accident), the second was known well in advance (my tenant succumb …

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Permanent link to this article: http://www.easysafemoney.com/death-of-a-tenant/

Nov 06

Partners

Picking the right partner is probably one of the hardest things to do in business. A good partner is like a good tool, it can allow you to get more done than you could on your own. In my experience, the right person can more bring more to a situation than two individuals could accomplish …

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Permanent link to this article: http://www.easysafemoney.com/partners/

Oct 30

Meth is messy

As I said, I’ve got more things to write about now, but some aren’t as much fun as others. This one is a sad tale about one of my tenants. I wrote a while back an article called Where’s the pain? where I talked about working with a government program to help house the homeless. For …

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Permanent link to this article: http://www.easysafemoney.com/meth-is-messy/

Oct 27

Flippin’ Ain’t Easy – Supplies

Well, I know it’s been a while since I last posted, but I’m still alive! I know I haven’t been writing for a while but, truth be told, I kind of ran out of things to say. Everything sort of fell into a routine, so there was nothing to say…real estate investing is quite boring, …

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Permanent link to this article: http://www.easysafemoney.com/flippin-aint-easy-supplies/

Oct 24

Can you beat the index?

We’ve often been told that 75% of professional money managers fail to consistantly beat the index, so what chance does “the little guys” like you and me have of making money in the market. While there are advantages that money managers have, there are several reasons why I think an individual can do better than actively …

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Permanent link to this article: http://www.easysafemoney.com/can-you-beat-the-index/

Jul 23

Being cheap can cost you.

Well, if you live in Edmonton, you’ve probably heard of Oliver Gardens condo complex. If not, the brief summary is the complex was recently hit with a 2.1 Million dollar special assessment due September 1 of this year. That averages out to about $45,000/unit. The media, of course, is having a field day talking about …

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Permanent link to this article: http://www.easysafemoney.com/being-cheap-can-cost-you/

Jul 22

Who is going to blink first?

Alberta is in a bit of a spot right now. Oil prices are down, there’s been a draught, forrest fires…overall, It hasn’t been a good year. On the national scale, the Feds once again cut interest rates, but I doubt it will do much (when you’re this close to zero, it doesn’t have much impact). …

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Permanent link to this article: http://www.easysafemoney.com/who-is-going-to-blink-first/

Jul 17

The price of profiteering

You’ve probably heard about the drought in Alberta. It’s a legitimate concern for many people as crop production is way down over last year. For some, this has been seen as an opportunity for profit, big profit. Unfortunately, this short term profiteering could have long term consequences. First off, let me say that you need to …

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Permanent link to this article: http://www.easysafemoney.com/the-price-of-profiteering/

Jun 23

What did you expect?

We’ve all heard the stats…75% of money managers fail to beat the market, yet we continue to pour more money into them. I often get asked by others to help them find a place, buy some stocks, or start a business…which usually turns into “can you just do it all for me”. We as a …

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Permanent link to this article: http://www.easysafemoney.com/what-did-you-expect/

Jun 19

Know thyself

One of the questions I’m often asked is… If I buy your book, do you guarantee I’ll be rich? to which I answer… No, if you buy my book I guarantee you’ll be $25 poorer. My book, like every other “how to” book ever written can’t make you rich, because nothing anyone says or shows …

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Permanent link to this article: http://www.easysafemoney.com/know-thyself/

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