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March 2012

Found 1 blog entry for March 2012.

Bob Alexander on Mon, Mar 19, 2012 wrote:

I have been a Mortgage Broker for over a decade and like all of us, went through the 2007 boom time in Calgary. One of the things that struck me looking back on the boom was how poorly a number of residential building projects were handled. Demand for housing in Calgary had been steadily building from 2002 to 2007. Several big housing projects were started in 2007 and when the boom ended, many of these projects were left incomplete. The builders involved misread the signs to start earlier so that when the boom hit, the project was finished and not just a hole in the ground.

The lesson from all this is that timing plays a big part in successful investment property purchasing. Don’t repeat the mistakes the big

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