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Recent content by WSJ

  1. WSJ

    Looking for single house in Greater Vancouver, will pay finder fee

    We want to buy in Greater Vancouver. Anything we like on MLS attracts multiple offers. So we change our strategy. We want to look at properties that are not on MLS. If you bring us the property, we will pay $5,000 finder's fee after we close. I would love to hear from you if you know...
  2. WSJ

    Best multi-family mortgage rates right now?

    Thanks Thomas,. It is a 16 unit small building in the inner city of Calgary.
  3. WSJ

    Best multi-family mortgage rates right now?

    V as of purchase price + reno. We paid 4.5% to CMHC. Thanks
  4. WSJ

    Best multi-family mortgage rates right now?

    We did a 85% LTV in Calgary at 1.86% last week, five year term, 25 year amortization.
  5. WSJ

    Multi-family refinancing

    We have multi-family buildings in both Alberta and Ontario that will need to renew mortgages. If you know of good bankers/brokers for these two provinces, please give us the contacts. Either CMHC or conventional is great. Thank you in advance! Wen Jiang (403) 605-5296 [email protected]
  6. WSJ

    Having Tenants Pay For Hydro in Ontario

    Hello Everyone, We are from Alberta. One of the buildings we have in Ontario has separate meters. Right now we pay for the hydro. But we want to have the tenants pay for their own hydro, can we start doing it one by one at turn over, or we have to covert all units at the same time? Do we...
  7. WSJ

    Tenant Eviction Ontario

    QUOTE (invst4profit @ Mar 17 2008, 07:32 AM) Paying off dead beat tenants is extorsion money. The word will get around to all your tenants and in the future all deadbeats wanting to move will simply stop paying there rent. Do all landlords a favour and go through the process to get an eviction...
  8. WSJ

    Where do we fit into the REIN Picture

    If your goal is to buy more than one or two each year, REIN can make the journey smoother and more enjoyable with all the resources and the networking. We invested in real estate before joining REIN. But REIN helped us move to the next level faster and easier. After being a member for over 3...
  9. WSJ

    Superintendent lost laundry money

    QUOTE (JPAQ @ Dec 24 2007, 10:46 PM) ...Congratulations you have just found a weak link!! Replace this person with someone who you can trust and you can build a top notch business relationship with. I like the way you put it. Look at something negative from a positive angle. Cheers, Wen Jiang
  10. WSJ

    Superintendent lost laundry money

    QUOTE (GarthChapman @ Dec 22 2007, 09:39 AM) Would love to hear from the original Poster how he handled this issue with his Super... Hello Everyone, Thank you all for giving your opinions. I agree with Nick that this should be handled in a professional way. I am thinking to treat the lost...
  11. WSJ

    Superintendent lost laundry money

    Hello everyone, My superintendent collected laundry money, and deposited into his own account. At the end of last month, he withdrew the money from the bank. He claimed that the money was stolen as his car was broken into that night same. Should he be responsible for the lost money? Can we...
  12. WSJ

    looking to purchase rental property in Bradford

    You need to add expenses like property tax, insurance, maintenance and 5% vacancy. If that still give you positive cash flow, then there is potential. Other factors to consider (but not limited to): location potential for rent increse any defer maintenance Good luck, Wen Jiang p.s. You can...
  13. WSJ

    Royalty Report To Alberta Government

    QUOTE (BHoward @ Oct 4 2007, 11:45 PM) Visit http://www.getitrightalberta.ca/ ! Contact your Member of the Legislative Assembly. Sign our petition. Write a Letter to the Editor. Help others understand the impact of the proposed changes. Be Heard. It takes just two minutes. Thank you for...
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