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  1. jarrettvaughan

    Business License Needed in Multifam Ownership?

    I have recently purchased a multifam in Edmonton and my property manager is asking me to get a business license. Is this a requirement for owning commercial property in Edmonton? I own the property in a corporation. Thanks for your help.
  2. jarrettvaughan

    Edmonton Property Management. Who Sucks and Who Rocks?

    Hi Calvin, I would be interested to hear your experience with Libertas?
  3. jarrettvaughan

    Chilliwack Property Management Recommendations

    Hi, I am looking for a new property manager in Chilliwack........... do you have a recommendation? Would be great to hear who you are using and why? Thanks for your help.
  4. jarrettvaughan

    Property Manager- Illegal Suite

    Hi, I just received the following notice from my property manager: Unfortunately, the Real Estate Services Act does not permit us to manage a property where the basement suite is illegal. Therefore, due to the Real Estate Service Act we are unable to manage $(*#(#&#( Road. Please be...
  5. jarrettvaughan

    5 Year Tenancy Agreement

    thanks for your help. very insightful.
  6. jarrettvaughan

    5 Year Tenancy Agreement

    My residential tenants in Red Deer would like to sign a 3-5 year lease. If we go through with this, can we increase the rent part way through the lease? If not, can we build a schedule for potential rental increases if it is stated in the lease doc? Thanks for your help.
  7. jarrettvaughan

    Lawyer Referral in Vancouver

    I am working with a JV partner on a multifamily building. One of my requirments is that they get their own legal advise but he does not know any lawyers. Since I should not allow him to use my lawyer, I am looking for a referral. Does anyone know of a good real estate lawyer in Vancouver...
  8. jarrettvaughan

    Commercial Realtor Recommendation for Red Deer and Edmonton

    Thanks for the reply, I am looking for a 10-12 suite building in NE Edmonton. We do have more that 300k for a DP. I have 6 single family properties but this will be my first multi. We are ready to move in January if we find the right building. My email address is jarrettvaughan (at)...
  9. jarrettvaughan

    Commercial Realtor Recommendation for Red Deer and Edmonton

    I am looking for referrals for Commercial Realtors in Red Deer and Edmonton. I am looking for an 8-12 suite multi family building. Please let me know if you have anyone in mind, or if you have a building that you would like to unload.
  10. jarrettvaughan

    What you Think?

    Buy Do not sell
  11. jarrettvaughan

    Banking

    I like to have a separate account for each property, even if they are owned by the same investor. The 2 properties that I own alone, I have separate accounts for. The reason is, I can log onto my online banking and quickly scan each account and with in a couple minutes, I know how each...
  12. jarrettvaughan

    Vancouver Island

    I used to live in Ucluelet (moved to Vancouver in November), which is very close to Tofino. I loved living there as it is a very beautiful place to live with many out door adventures to be had. We surfed everyday and had many incredible interactions with wild life. However, this area is...
  13. jarrettvaughan

    Should I keep existing tennents in a new purchase?

    If you are comfortable with them being your tenants, they pay on time, the place is kept well, no noise issues etc, then keep them . If they are questionable, this may be your only chance to get them out with out a fight. If they are good, keep them. Saves you some work, vacancy and...
  14. jarrettvaughan

    2011 Real Estate Survey/Predictions and a Contest

    1) B 2) B 3) A 4) D 5) B tiebreaker...130,000
  15. jarrettvaughan

    Finding a Multi Family Property???

    Thanks Thomas, I will contact these organizations. I am looking for something small (6plex) below $700,00. If you have any come your way, I would love to have a look at the deals. jarrettv (at) shaw.ca Thanks for your help again.
  16. jarrettvaughan

    Finding a Multi Family Property???

    I have been listening to the Multi Family REIN CDs and have heard reference to the fact that multi family properties that are on MLS/ICX have been picked through, and most likely do not have a strong financial position. The speakers often speak about getting on realtors and multi family lists...
  17. jarrettvaughan

    REIN email or full time membership?

    I have held both types of memberships over the past 4 years as I have lived in different parts of the world. I can attest that there is no doubt that the full membership brings greater value. It is worth the extra money for one reason. Networking. Having the opportunity to meet other...
  18. jarrettvaughan

    living in investment area...

    Thomas, many investors do not like to invest in the area that they live in because of the added stress. Depending on your personality, you may be inclined to continually drive by the property, stressing about how the tenants are taking care of your landscape and other such things. I have...
  19. jarrettvaughan

    December 2010 BC Economic Fundamentals

    Eagle Landing starts to take flight The Walmart store opening in November at the Eagle Landing shopping centre on land leased from the Squiala First Nation marked what could be a new era in Chilliwack`s economy. With the opening of Galaxy Cinemas eight-theatre complex the following month, a...
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