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  1. Lucas

    Looking for redevelopment land in Edmonton

    Hello, I have a client that is looking for land to build a residential multi-unit building on. He wants a minimum of 4 units and up to 10. If you have or know of some land for sale, kindly PM me or call my office...780.727.3735. Thanks, Lucas Fausak Realtor, Builder Remax Excellence
  2. Lucas

    Looking to connect with Edmonton-based Developers...

    Hi all, I haven't visited this forum in awhile...I am still a Realtor in Edmonton and I am still doing LTO's in the Edmonton area, however, I recently became involved as a partner in my families business which is building homes. We own a 30,000 sq ft facility and can build Modular OR...
  3. Lucas

    Attn. Multi-family experts!! I am looking for information related to expenses on Edmonton Multi-family...

    I am analyzing a deal right now that has me purchasing a 20 suite apartment building in Edmonton. There are a few numbers I am not too clear on and would appreciate help from experienced Edmonton Multi-family experts. Due diligence costs (i.e. general inspection, boiler inspection, roof...
  4. Lucas

    We are incorporating...

    Hi REIN,We are starting an Lease-to-own/We Buy Houses/Holdings company. We plan on holding properties for up to 5 years. We also plan on doing "flips". We are just about to launch and anticipate alot of activity from the beginning...thus its important to us to set things up properly to begin...
  5. Lucas

    I am looking to specialize in Lease to Own

    I am looking to take the next steps in becoming a "Lease to Own" expert. I just attended a Tony Peters workshop and was absolutley blown away by the potential and by the business model. I am looking for forum recommendations on Lease-to-Own specialists and the systems that they have created...
  6. Lucas

    Please help with analysis...

    Hello all, I have an opportunity to possibly put together a deal about 1 hour west of Edmonton. The land is vacant and I would build a Multi-family rental. Here is one idea I have: Build a 10 suite walk-up multi-family comprised of all 1 bedroom/1 bath apartments. My budget, including land...
  7. Lucas

    Referral...

    Hello, I am looking for a Mortgage Broker with expertise in Multi-family purchases. I am sure this has been requested but I am not as savvy as I should be with the search function...I always end up with threads that are not applicable. Any help with a quality referral would be greatly...
  8. Lucas

    Am considering a JV with a potential buyer...

    Hello again, I posted about a buyer that did not have the downpayment necessary to purchase my home. This is still the case and it looks like 0 down cashback is NOT an option...nor is "nestbuilders"...although that is a fantastic program!!! The home is a new SF in Spruce Grove, Ab. I am now...
  9. Lucas

    How to pitch an AFS?

    Hello Everybody, I am working with some clients that are targeting AFS`s (Agreement For Sale`s). I am wondering if other investors have been having success getting them and how they have pitched deals like these to the seller`s and especially seller`s Realtor? ANY input would be great (ie...
  10. Lucas

    Have a buyer who hasn`t a downpayment

    Hi all, I have a house. I have a buyer. I want to sell my house to this buyer. The buyer does not have enough for a downpayment on the house but has been pre-approved by a mortgage broker and qualifies to purchase my house. The buyer has exhausted all possible avenues/sources looking for a...
  11. Lucas

    Specific Multi-Family inquiries

    Hi all, A friend and I are looking to invest in a small multi-family complex. We are interested in purchasing a distressed building (but solid and "decent) in a transitional, high traffic area with 4 to 8 suites...this depending largely on current inventories, current prices and how good of a...
  12. Lucas

    Claregreen Mews...anybody?

    Hello friends, Its nice to be able to access information from Real Estate`s top investors... "K enough enough you blowhard...whaddya want" is what you are probably already mumbling to yourself. I`m a Real Estate agent doing some due diligence for a client interested in a unit in Claregreen...
  13. Lucas

    Downtown Edmonton

    Hi all, Was wondering what the general opinion investors have toward the area of Oliver in downtown Edmonton? I am speaking in very general terms and welcome ALL comments as I am curious on behalf of myself and a few of my clients... I tend to put alot of weight on the responses I yield from...
  14. Lucas

    How do I create a favorite posts log...

    Hi everybody, Was wondering how to create a "favorite" posts log within this forum? I hear about this elusive "bookmark" function but am having trouble locating it... Thanks for your help... Lucas
  15. Lucas

    A couple questions...

    Hi all, I have a couple things I need clarified... 1. I am going to potentially be renting a suite out to an excellent young couple but I would like them to get a co-signer. How do I do this? 2. I heard (I think on this forum...or maybe Quickstart) that a person can check their own credit...
  16. Lucas

    Edmonton Rents...

    Hi All, Can anyone give me any insight into what I would charge for rents in North Glenora for a 2+1 bedroom caharacter home (IMMACULATE!!!!)? I love the area and I love the property but I can`t find a decent comparable on the net... Any help would be appreciated... Thanks, Lucas
  17. Lucas

    40 year terms...

    Hi, A great client of mine (uses Peter`s team for financing) informed me that 40 year amort. mortgages were unnattainable for herself (and her JV) when trying to purchase townhouses in NE Edmonton. I drove by the townhouse and its seems in good repair...looked like it was built in the 70`s or...
  18. Lucas

    Client needs money!

    Hi REIN members, I have a client (I`m a Realtor) that is building a camp-style hotel outside of Edmonton. The hotel has 17+12 units and is on 4 industrial lots in Wildwood, Alberta. He needs to borrow $25,000 to finish the project (ie. wages and materials) and we will be putting it up for...
  19. Lucas

    Seeking JV partnership...

    Hello all, I am looking for a JV partner that has mortgage room/cashflow. I have a building company, however I have been selling Real Estate for the last year. With these particular skills, as you may know, I can potentially keep labour and OH costs down and increase profit margins. Since...
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