Calgary RENTAL prospects

[suntan]

Are there pure play residential ETFs?

[TomcoPDR]

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Are there pure play residential ETFs?

You’re a shareholder

[ExtraSlow]

Hmm, maybe not as many as I thought. There are certainly pure-play residential companies, but REZ and HAUS may be the only ETF's.

[flipstah]

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This is why you vet them via video call first before ANY showing. If someone isn't willing to do a 5 to 10 minute video call, then easy pass on even showing to you. It is in the interest of both parties to get all the easy questions answered and waste less time. Showings after the initial video call shows promise for both sides.

This.

I'm so glad I did this with my current tenant. They seem to be good people and the video call sorted out majority of questions/concerns.

[max_boost]

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My rental home got destroyed. I fixed it and sold it. Never again. People are pigs.

sorry to hear you had one of those worst case scenarios
i was very lucky during my time to not encounter anything like that and you realize it's just luck as people are very good hiding things

[Pauly Boy]

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Yes, as the landlord, you hold "open-house" times, not individual slots. Puts a sense of urgency on the renter, and respects your schedule.

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Renting peak covid was awful. Me: schedule 1/2 hour time slots, so 6 showings in 3 hours.
Actual showings: just the first and last people. I hate people.

Def this. Wife used to handle the viewings for our old condo and would do individual showings. Would waste 3-4 hours of her day and would inevitably have a now-show, late or request to reschedule.... and still no renters sometimes for all that.

[03ozwhip]

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My rental home got destroyed. I fixed it and sold it. Never again. People are pigs.

This. Fuck people.

[mr2mike]

Take a $20 eTransfer for a booking. If you show, you get $20 back.

In all seriousness, you could go pick them up and bring them to see the place and they still wouldn't be at the door for the ride.

[dubhead]

Anyone using a property manager? Ours tried to resign our tenants before talking to us which seemed like an overreach. Tenants pushed back on a small rent increase which is good because we need to sell it.

[ZenOps]

Clearly Calgary is still far too inexpensive. 3K soon enough.

[ExtraSlow]

Kid isn't renting in Cowtown.

[Xtrema]

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Kid isn't renting in Cowtown.

Kid's living in mom's basement rent free.

Then use all the WJ points for biz class tix to Japan for spring break.... probably.

Rent in Vancouver isn't that bad... Consider you can only get $3K on a $850K barely 2 bedroom condo in Burnaby. Like I can get $2K on a $400K townhouse in Calgary.

[flipstah]

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Kid's living in mom's basement rent free.

Then use all the WJ points for biz class tix to Japan for spring break.... probably.

Rent in Vancouver isn't that bad... Consider you can only get $3K on a $850K barely 2 bedroom condo in Burnaby. Like I can get $2K on a $400K townhouse in Calgary.

Genius. Commute must be a bitch though and sounds rough.

[Xtrema]

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Genius. Commute must be a bitch though and sounds rough.

$150 per round trip, it's probably Lynx/Flair. With Lynx gone, this stupid game will end soon. I see some 1 way on Flair to YVR is like $150 now if you book last minute.

Like what kind of program at UBC will allow only 8 days of in person time per month?

Min wage is now $17.25/hr, kid just need to get a job instead of complaining about rent.

[ExtraSlow]

sounds like a business student.