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Recent content by Shane564

  1. Shane564

    Blue $s, Red $s and Green $s: Why the real estate expert deserves to make some money, too !

    In my experience when raising money- much of depends on 'who' you're talking to. When dealing with 'do it yourself' investors, and those who want to be on the 'GP' side of the table- they don't like seeing the GP make the fee's. They want to be the one earning the up front syndication fee and...
  2. Shane564

    Beginner multi purchase questions ...

    I'll take a bit of different angle on this. If the Kelowna MF market doesn't' make sense- maybe it's time to look at different markets or, different asset classes in Kelowna. If multifamily has been bid up (caps depressed and very little upside on rents- if that is the case)- then you can...
  3. Shane564

    Do you accept this offer or not?

    Can you secure the LOC against something else? A property or other collateral? If you're securing against cash- it defeats the purpose. Banks are good at helping themselves make money. Some good input from others above
  4. Shane564

    Looking for a home builder coach

    Hi Paul, I've built spec homes in the past- today, I focus on commercial developments (industrial and retail developments in Calgary and Area). My partner has 20+ years in the business- so I've been fortunate. I agree with Thomas- find the right GC is critical. And, in my experience, bigger...
  5. Shane564

    Joint Venture vs Finders Fee and PM

    Hi Kris, Here's my $0.02 If you have the skills to find good cash flowing properties- you have earned your way into the deal. And, if you have the ability to execute on the backend (ie- manage and add value)- then you've got the 3rd leg of the deal. All that's left is finding the money-...
  6. Shane564

    Looking for land and apartment buildings to purchase in Alberta (Edmonton- Calgary corridor)

    Looking for land and apartment buildings to purchase in Alberta (Edmonton- Calgary corridor)
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