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4 Reasons Why You Should Work With a Property Wholesaler to Sell Your House in Calgary

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  Property wholesalers offer an appealing option to homeowners with a property that wouldn’t typically fare well on the MLS. But what exactly is a property wholesaler? For a small fee, the property wholesalers act as a link between property owners holding troubled properties and investors who are usually cash buyers with little time to locate deals. Property wholesalers bring the two together with the contract, typically never buying the property but instead assigning the contract to the cash buyer.  As a property owner, you may be wondering how working with a property wholesaler benefits you. Read on as we explore four reasons you should work with a property wholesaler to sell your house in Calgary.  Speed Guaranteed One of the reasons why you should work with a property wholesaler to sell your house in Calgary is that a sale is guaranteed. Real estate investors are waiting for investment properties. Once you’ve negotiated the deal with a property...

5 Ways to Handle Bad Tenants in Calgary

  It can be emotionally wearing when you have a tenant that has become far less stellar than the referrals you reviewed and the information provided on their application that led you to accept them in your property.  When facing such a difficult situation, it’s constructive to have a guide providing you with options and steps you can take to relieve the stress for everyone. So read on as we explore five ways to handle bad tenants in Calgary. Evict If your first choice of action is eviction to handle bad tenants in Calgary, you need to take a moment to consider that they indeed must have done something very wrong before proceeding. While it may sound easier to evict a tenant with a personality that doesn’t sit well with you than dealing with them month after month, this is a long stretch from being the type of tenant who needs such legal action. Have they failed to pay the rent without any legitimate cause or engaged in illegal or unruly behavior on the...

5 Misconceptions People Have About Professional Home Buyers in Calgary

When considering such a significant and vital financial transaction as selling your home, when you believe information that is incorrect about your options, it is self-limiting and can be costly in many ways. Yet, professional home buyers are successful because their service is in demand by those who investigated all of their choices and found a direct sale was the best fit in their particular set of personal and financial circumstances. So why not find out the truth for yourself like so many others before you? Read on as we explore five misconceptions about professional home buyers in Calgary. Low Offers The idea that professional home buyers will lowball sellers on the offers is a prominent misconception people have about professional home buyers in Calgary. However, the truth is quite the opposite. When you factor in that there is no need to worry about repairs, pay for professional digital photography or drone video, cover marketing expense, or do any clean...

5 Reasons to Consider Selling Your Calgary House Via a Rent to Own Agreement

For those positioned to hold the property for an extended time, a rent-to-own agreement can be profitable to sell your property with buyers willing to pay a higher price. A rent-to-own sale earns more because you offer the buyers an opportunity to experience all of the perks of homeownership while repairing any credit issues. Or perhaps they need the time to save for the required percentage the lender requires for their downpayment.  At the end of the agreement, you can set the terms to allow the buyers to walk away or that they will face legal action should they default on the contract. Sellers should contact a real estate lawyer to review their documents and ensure smooth sailing ahead. It’s well worth taking this extra step to avoid legal conflicts over the exact wording of your contract.  Read on as we explore five reasons to consider selling your Calgary house via a rent-to-own agreement.  Set Your Price One reason to consider selling your ...

How To Avoid Running Into Mortgage Paying Trouble for Calgary Homeowners

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  You may think it’s only the tenant who has a hard time  paying the mortgage,  but as a real estate investor or landlord, there may be times when it’s hard to pay the mortgage on your end as well. Here are some things you can do to avoid facing difficulty in paying your mortgage each month. Keep your properties full. While it may sound overly simplified, this is the most obvious method for ensuring you’ve got rent money coming in each month to cover your property mortgage payments. Don’t allow yourself to get slack on advertising for new tenants. And don’t put off screening applicants or filling your properties because you get busy or overworked. Recognize filling your vacancies as a major aspect of your REI business success and deal with it quickly and efficiently every time. Do your best to find quality tenants. While you want to keep your properties full, finding good quality tenants is key. By “good” it means they pay their rent on time, keep the proper...