For anyone looking to invest in Central Alberta, I have a new listing coming up in Sylvan Lake. It is walking distance from the lake, single family, 3/2 up. 1/1 down, excellent structure, new appliances and good mechanics. Extra paved parking, it isn't zoned multi family, but the town has relaxed regulations. It has a separate entrance to the basement, and would be quick to suite if not conforming. The town also still allows STR's, and is quick to license properties that are compliant. Call me if you are interested 1-403-598-2767. Address is 22 Willow Springs Cres

Can anyone direct me to good sources of information or data sets for housing stats for Red Deer AB. Thank you kindly

For REALTORS, INVESTORS, & MORTGAGE PROFESSIONALS. Make 2025 your best year yet. We're going to be running a year-long free challenge for 2025 goalsetting. Big prizes & systems to be announced (at the holiday party - link: https://www.eventbrite.ca/e/the-canadian-real-estate-holiday-party-tickets-1065650632729?aff=ebdsoporgprofile) There will be weekly accountability check ins and monthly calls. Comment "I'm in" below if you want us to add you to the list.

Thanks for a great week anyone. Homework for day 5 - (due monday) 1. Calculate cash on cash return for your remaining properties 2. Build a 10-year proforma model from scratch for one investment 3. Calculate annual cash-on-cash return for 10-years 4. Create a rough 1-pager promoting your deal (include photo, metrics, profroma screenshot, and any other key points) Post 1-pager below in the comments. We will pull one random 1-pager to select a winner on Monday!

Thanks for a great live session today everyone. Today's homework is: 1. Contact the local credit union in the market you're searching, and see if they can give you a Debt Service Coverage Ratio (DSCR) and Loan-to-value (LTV) parameter for what they'd loan to you for an investment property. (If you can't reach them, just use 1.25 DSCR) 2. Calculate the DSCR for 3 of the listings on your shortlist. 3. Highlight a deal if it hits the DSCR criteria of the lender. Please post a screenshot of #2 and comment "DONE" in this thread.