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  1. M

    Selling my home Over 1 million Negotiating realtors fees?

    If you are using the same realtor for both selling and purchasing, then you could always negotiate a kick-back upon purchase of your new home. Give him the full commission he is requesting for selling your home, but then get a few thousand back upon purchasing your new home. Remember, you are...
  2. M

    Good tenant wants out of lease

    QUOTE (EdRenkema @ Aug 3 2009, 11:10 AM) WHAT?Did you not read Paul`s well put discourse. I couldn`t even sleep last night I was so stressed, no not because of my potential of losing money here, while that is a concern. I`m outraged that a 2bit punk like this can control a whole neighbourhood...
  3. M

    Melted Carpet (Grease) - Damage Deposit?

    Hello My renters recently decided to move out...within the last couple weeks, they had an accident with hot grease dripping on the carpet (cooking and tried to turn on smoke detector in livingroom with pan in hand). Its not a huge area destroyed, but definitely noticeable and an issue for any...
  4. M

    Beating wife? Quick help requested.

    QUOTE (NorthernAlex @ Mar 28 2009, 05:56 PM) Thomas & Jules, thank you very much for your feed back. Regarding the provided information I did this: - The locks were changed now for 24h`s for her safety and will be changed permanently if she can provide a police report /statement about the...
  5. M

    Is it worth to buy locker and parking for condo purchases?

    QUOTE (jackiechandc @ Jul 9 2008, 09:42 AM) Hi everyone, This is my first post as I`m a total newbie in the real estate game. I`ve recently bought a condo unit in Toronto for a long term investment as I would like to rent it out eventually. I`m probably going to get a locker for the unit...
  6. M

    Advice on selling in Victoria?

    I would also recommend Craigslist My realtor placed an ad with little response, but I actively listed my house and website (that I designed for selling the home) on craigslist and updated it as needed to hit different markets. Not sure if this resulted in the sale, but it did cause a lot more...
  7. M

    Help I think I have a drug house?

    I wouldn`t wait to see if I were you...If they are making good money from conducting business in your home, they will be smart enough to pay you on time every month while quickly destroying your home. What city is this home in? The reason I ask is because many larger police dept would be happy...
  8. M

    Is it better to have a longer amortization?

    QUOTE (RArora @ May 22 2008, 09:56 AM) int only pymnts on secured LOC for downpymnt $235 WARNING: Novice Investor Advice... I noticed that you are putting 25% DownPayment, but paying interest on a LOC for the DownPayment. In BC, you now only need 20% DownPayment to eliminate any CMHC fee`s. I...
  9. M

    Anyone know a good web developer?

    QUOTE (RedlineBrett @ Mar 31 2008, 11:58 AM) Having an engineering degree paid off here as they tried to BS a lot of stuff by me. But I am confident I will get what I want for a reasonable price. Just from the brief explanation of what you want to accomplish with your site, you should be able...
  10. M

    Anyone know a good web developer?

    QUOTE (KimFranz @ Mar 19 2008, 11:42 AM) If you need help with marketing your website, once it looks all fancy, contact Keith Kidwell to review your website and make it #1 on Google... As a former web developer / programmer, I just wanted to provide my 2 cents… 1. "make it #1 on Google"...
  11. M

    Weekly/Monthly Rental

    Hello We are looking at the option of renting our 2nd home (1st home is still on the market to sell) on a monthly basis. We set the monthly cost well below current market values in the area ($600-$800 per month less than comparable homes) with the hope of finding another family/person is a...
  12. M

    1 yr Lease - $$$ Back at end of term

    QUOTE (invst4profit @ Mar 9 2008, 05:54 AM) I don`t understand why you are concerned about your tenant breaking the 1 year lease. In BC are tenants allowed to do that. I also do not understand why a incentive is necessary to keep tenants. They do not expect this and although a 2 tier system is...
  13. M

    1 yr Lease - $$$ Back at end of term

    QUOTE (thomasbeyer2000 @ Mar 8 2008, 04:19 PM) check BC landlord-tenant act .. rent control at end of year one may force you into s.th. you do not wish .. tenants can complain to rentalsman in BC and you may be asked to relax some of your rules .. in general though: I see nothing wrong here ...
  14. M

    1 yr Lease - $$$ Back at end of term

    Hello We are taking possession of our new home at the end of the month which will contain a suite. I am considering the idea of allowing 1 small pet and therefore want to help ensure the person stays for the term of their lease to negate any possible pet damage. I do not believe that an...
  15. M

    Capital Gains - Will I be charged Capital Gains Tax?

    QUOTE (navaz @ Feb 20 2008, 08:04 AM) It is a complex issue. It depends on a number of personal factors. In simple terms, if you had an apple tree and sold apples, you would be in the business of selling apples. After 10 years if you decided to sell the apple tree, you would have capital...
  16. M

    Capital Gains - Will I be charged Capital Gains Tax?

    Hello Currently selling our main residence (www.LivingInWalnutGrove.com). We`ve lived in this residence for approx. 22 months and have recently purchased a new home in the same area. If we do not sell our current home prior to taking possession of the new home, is their a chance that we will...
  17. M

    Variable Mortgage - 3yr Closed Term VS. 5yr Closed Term?

    QUOTE (RobMacdonaldCMT @ Jan 29 2008, 01:00 AM) This decision will be similar to your decision process around fixed terms. Just a few months ago when the banks were offering Prime minus 1%, I bet people now wished they could have got a 10 year term. It`s the same for this. If you`ve got a great...
  18. M

    Variable Mortgage - 3yr Closed Term VS. 5yr Closed Term?

    Hello I am currently looking at getting my finances in places for my new mortgage and have a commitment for a 3yr Closed Term Mortgage at PRIME - 0.XX. From what I see, most banks offer a 5yr Variable. Other than 3yrs VS 5yrs, what is the actual difference since it floats with PRIME? With a...
  19. M

    Typical Realtor Rates

    Hello I attempted to search for the answer on the forums with no luck. What do full service realtors typically charge? I normally see a typical charge of... 7% on 1st 100,000 2.5% on remainder In the past with the hot Vancouver market, I was able to easily get 6% and 2% with no percieved...
  20. M

    Purchase new Main Residence

    Special thanks to Rob Macdonald and Jennifer Windsor from Peter Kinch`s office for contacting me on such short notice and getting my application started. Very much appreciated.
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