Category Archive: The Rocks in the Road

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/

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/

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 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/

Jul 24

A key to success – smell the roses

When people look at my background (multiple business owner, self employed, investor, real estate, family, volunteering, etc) they tend to assume I’m a very busy person. The media is full of the “you must commit every moment of your day to achieve success” message. When I started, that was probably fairly true, I worked quite …

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Permanent link to this article: http://www.easysafemoney.com/key-success-smell-roses/

Aug 21

Where’s the pain?

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I’ve recently been working with a government agency to place tenants. It’s a very good deal. They screen the tenants, pay the rent, guarantee the condition of the place, periodically inspect the place, call at least once a month to ensure I’ve gotten payment and that there are no issues, and will help evict the …

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Permanent link to this article: http://www.easysafemoney.com/wheres-the-pain/

Jul 17

Money can be replaced

At some point in your life, you’re going to go through a bad patch. With me, it seems to happen every seven years or so (or so it seems). With my friends, it can happen more or less often. It could be a relationship implodes, loss of a job, bad luck, whatever… There are going …

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Permanent link to this article: http://www.easysafemoney.com/money-can-be-replaced/

Aug 07

Two sides to Termination

My property manager was let go today. I’d like to say I didn’t see it coming, but I’m afraid that’s not the case. Ironically, I thought she’d be fired because she was putting in a lot of extra effort, and I could see this happening (though that’s not the official version of course). About a …

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Permanent link to this article: http://www.easysafemoney.com/two-sides-to-termination/

Jul 10

The cheese is gone

I just caught the tail end of an HBO documentary called “Hard Times:lost on long island” which followed four familiis as they struggle with the downturn in the US economy. I must say it brought back some troublesome memories. I remember well being unemployed for several years, wondering where the money for food was going …

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Permanent link to this article: http://www.easysafemoney.com/the-cheese-is-gone/

Jul 09

Conversion rates

Ever wonder how many people who attend a “life changing seminar” ever actually change? What kind of “return on investment” drives all those late night infomercials and seminars? Well, the truth is, all these ads you see to change your life work on less than a 2% conversion rate. That doesn’t mean that 2% of …

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Permanent link to this article: http://www.easysafemoney.com/conversion-rates/

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