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Recent content by JefferyJohn

  1. JefferyJohn

    2.5 Easy Ways to an Unhappy Lease

    Excerpted from my blog on the Edmonton industrial real estate scene, some ideas to get the wheels turning for those entertaining entering commercial investments. If you have experiences in commercial leasing you`d like to alert others to, please add your tips!1. Don`t Get it in Writing...
  2. JefferyJohn

    Podcasts

    Hi Nick, I subscribe via iTunes to: CRED Zone (Commercial Real Estate & Development Zone) http://www.thecredzone.com/ Wall Street Unspun with Peter Schiff http://www.europac.net/
  3. JefferyJohn

    How to Negotiate a Personal Guarantee

    For those of you investing in commercial properties, I would like to pass along this information from my blog:Negotiating Personal Guarantees - Yes You Can!When the Landlord delivers a Personal Guarantee to be signed, a common response is a free autograph from the Tenant. What you need to know...
  4. JefferyJohn

    Need a Handyman for a job in Edmonton - ASAP

    Hi Garth, Colin Seck is who I (and a few other REIN members) use for Edmonton & area jobs. Dependable quality work, and a pleasure to deal with. He`s often booked a few weeks in advance, but when I last talked to him at QuickStart he had some availability this month. Give me a call or shoot...
  5. JefferyJohn

    Time for a BETTER Self-Fulfilling Prophecy

    Fundamentals may be strong . . . but don`t underestimate the force of emotions driving the market. As doom & gloom headlines try their best to sell papers and spread fear, we create a self-fulfilling prophecy. Fear causes paralysis: purse strings tighten, and gives the media even more gloomy...
  6. JefferyJohn

    Buyer Representation Agreement

    I would consider him needing this agreement prior to proceeding as a good sign. A good realtor may have the option to be choosy about who he works with. If he doesn`t have to work with someone not willing to guarantee compensation for his efforts . . . he won`t. On the other hand, a realtor...
  7. JefferyJohn

    A real estate agent introducing to another.. fees?

    QUOTE (gwasser @ Dec 10 2007, 10:00 AM) My first response is to dump both realtors. If they want to share their commissions that is their problem not yours. To get you involved is not a good service and since they seem to be seeiing you more as a commodity than a person, neither realtor is...
  8. JefferyJohn

    Creative Purchase for non-profit organization

    It`s great to see projects like this happening - I hope all works out even better than you`ve imagined. Is there another demand, a profitable one, that you would be able to meet in Pincher Creek to offset the cost of the youth building? For example: if there is a shortage of commercial space...
  9. JefferyJohn

    Greening Your Properties: December

    Thanks for this! Are there similar organizations in Edmonton that you are connected to? Thanks for the ideas, Jeff
  10. JefferyJohn

    Christmas Cards/Gifts

    If you are in Alberta, you`ve got to consider purchasing tenant gifts from www.littlehelpers.ca Two young girls, 10 & 11 I believe, who put together gift baskets for tenants. They have them available at the Edmonton & Calgary REIN meetings; but if you need a bunch I would recommend calling...
  11. JefferyJohn

    Looking for Vacant Lot and Advise for JV

    Hi, Sounds like it could lead to great things! To answer one of your questions, it is possible to find vacant lots in a new area . . . I know of a brand new subdivision at Beaumont, upscale country residential area called Copper Creek with lots for sale. If you end up looking further down...
  12. JefferyJohn

    Soon to be realtor seeks brokerage to work with...

    Hi Steve, Interviewing at least 3 brokerages will be worth every minute invested. Meeting them at their office and spending an hour with them (come armed with questions!) will reveal a ton. You`ll start to recognize common pitches to attract your talent, and should be able to spot a workplace...
  13. JefferyJohn

    Rental Properties in Calgary not making a dime!

    Hi A, The statement from your property manager that no profit is "usual" is a red flag to me. There are obviously many variables, but with only $75,000 mortgages (I`m assuming 20-25 yr ammortization), properties in decent condition (5-10% maintenance budget), and market rents, there should be...
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