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ThomasBeyer's Recent Activity

  1. ThomasBeyer replied to the thread VTB Mortgage.

    Yes a lender has to approve a second and some do it and some do not. Depends on deal, VRB, asset type, asset size, location, rents,...

    Aug 23, 2017 at 1:25 PM
  2. ThomasBeyer replied to the thread Retail space at mall as an investment.

    $100-150 is probably per year per sq ft ie $8-12/month plus triple net costs of CAM, utilities and property taxes

    Aug 23, 2017 at 1:23 PM
  3. ThomasBeyer replied to the thread 12 suite apartment in Oliver area of Edmonton.

    Do the math to re-rent, then refi when full. If all fails, sell or call Bob Dhillon at Mainstreet Equities. He'll buy it at 100/door or so.

    Aug 23, 2017 at 9:32 AM
  4. ThomasBeyer replied to the thread Need Lawyer for Mobile Home Park Closing.

    Try Bruce Preston at Preston Law on W 10th Ave in V.

    Aug 22, 2017 at 10:59 AM
  5. ThomasBeyer replied to the thread Need Lawyer for Mobile Home Park Closing.

    What province ?

    Aug 22, 2017 at 10:43 AM
  6. ThomasBeyer replied to the thread Retail space at mall as an investment.

    Apparently the gross is twice as big, although I do not know what "gross" means in terms of retail ? Storage space in the back ?...

    Aug 22, 2017 at 9:29 AM
  7. ThomasBeyer replied to the thread Retail space at mall as an investment.

    Over $1200/sq ft ? For retail ? What kind of rents do you need to get to make this a go ? Using a 6% CAP rate on the double unit you...

    Aug 21, 2017 at 4:30 PM
  8. ThomasBeyer replied to the thread Retail space at mall as an investment.

    Like any real estate, much depends on location, price, vacancies and management. In retail visibility and access is critical. X Iron...

    Aug 21, 2017 at 10:00 AM
  9. ThomasBeyer replied to the thread New proposed OFSI rules attacking your real estate wealth.

    Market likely subdued or "normal" going forward, although these OSFI rules, if implemented, will lead to some further price deflation...

    Aug 20, 2017 at 11:42 AM