Step 1: Due Diligence
Step 2: Repeat Step 1

There’s an economic buzz in Grande Prairie. Several times daily my email and cell phone alert me to people that want or need a rental, urgently. Does that mean run out and invest in a rental? Well, thanks to the cycle of life, for every person wanting to enter the real estate investment arena, there is someone that would like to exit. It’s just that right now the vacancy rate for rentals in Grande Prairie, Alberta is plummeting.

So its natural to want to jump on a revenue property bandwagon. Sounds good to me but please first seek out someone with experience that owns a property – or several. Form your team (for example: You, Lawyer, REALTOR®, Mortgage Broker, Accountant).

Consider joining or speaking to members of R.E.I.N. http://www.reincanada.com/

Learn how to analyze properties. Three samples:

• Renters already in place MLS® L06858: http://tinyurl.com/6lu6n5p

• Vacant plus the new, popular Multiplex is easy walking distance MLS® L068732: http://tinyurl.com/7qt99t7

• Roommate style house MLS® L068627: http://tinyurl.com/73dckzb

Everybody will have an opinion on the local market so again, seek out the voices of those that have invested in property already. They are not speculators or guessers. They are investors. They have broken trail for you and often are pleased to share their experiences and analysis techniques. They have completed “the thirty foot rule”, a benchmark line of advice originated by Buddy Hacket of all people – a comedian who knew how to teach “the walk” not just “the talk”.

MLS® L068588 Renters already in place, fenced yard.

 A must see!!! This home features stainless steel appliances, bright rooms, great flow and 4 great bedrooms. The family room is big and bright with a walkout to the yard. There is a 24x26ft. double garage and it is just steps away from the park. The home has just been completely re-painted from top to bottom and has new hardware and light fixtures throughout.

Virtual Tour

View the VIRTUAL TOUR

This home is exquisitely finished from top to bottom with Granite, Tile & Cherry-wood and abounds with a look of timeless elegance. This 4 bed, 3 bath home has many features including main floor laundry, a master bedroom reading retreat, executive style master bath, two gas fire places, den, maintenance free deck with covered storage, gas hook-up for a bbq and upgraded carpet throughout the fully finished, well lit basement.

A heated double garage with a triple wide concrete driveway also allows for comfortable & convenient RV parking.
Take a quick look at the VIRTUAL TOUR for this Mission Estates home.

Do not hesitate to call, text or email to book a viewing of this Immaculate property. You will not be disappointed!

But that’s beside the point as I really don’t think you should drive with me.

“But John, as a REALTOR®, surely you would like to have your clients with you as you tour around from home to home?”

Nope.

Don’t get me wrong, I like the company and conversation – but that’s just it – the conversation.

It really is better for Buying clients to drive in their own vehicle so they can chat privately without the REALTOR®  influencing their thoughts. And for rural properties this is practical since Buyers need to pay attention to drive time rather than just ask me “how long does it take to get from the intersection of Webster Road and Range Road 64 to Grande Prairie?” Everybody has their own response to that question: “20 minutes, 15 minutes, half an hour, where’s Webster Road?”

So follow me or meet me but don’t drive with me

When the Master Bedroom takes up the width of your house, you have choices. Have teenagers? It becomes a parent escape room. Enjoy a morning cup of coffee? The patio door on the south side offers a breeze or a step out to an incredible view. A little too cool outside for the morning beverage? The spacious seating area next to the door has a fireplace right there to cozy up the room. A soak in the tub perhaps? The large jet tub with custom tilework will do the trick. Or the large shower also featuring custom tilework is at the ready.

This amazing Master Bedroom is available right now: MLS® L066278

To that end, drop by one of our newest Listings Saturday, August 27th or Sunday the 28th between 2:00 – 4:00 p.m. each day.

The home is in Pinnacle Ridge in a cul-de-sac area.

MLS® L066442

Custom built by Vision Homes

Pinnacle Ridge local traffic location

This is a great opportunity to get into your very own home for only $100,000. Call us today to take a look.

This two story plan features 3 large bedrooms and 3 bathrooms, including an ensuite off the master bedroom. The kitchen has rich coffee bean colored cabinets and is open to the living & dining areas providing the perfect place to entertain guests. This home features stainless steel appliances, main floor laundry and a very large front entrance. All the landscaping has been done for you, as the yard is complete with a large deck, fence and lush lawn.

View the VIRTUAL TOUR for a quick look at this fantastic home.

Call Mike or John today at 780-532-3388 as this home is sure to sell quickly.

Well worry no more because 9221 128 Avenue, Grande Prairie, has a large full bath adjacent to a bedroom so you can stow your teenager downstairs while still having the Master up with its own large ensuite. Plus two more bedrooms and full bath above the garage for kids or office.

Its a custom built Canadiana home on an enormous landscaped lot, 24X30 garage, with maple hardwood trim and flooring.

But keep that basement bathroom in mind as you look at houses and do consider MLS® L065880.

Full Bath downstairs