Recent content by Will Thompson

  1. Will Thompson

    Construction Loan

    Can anyone recommend a good place to go for a construction loan in Vancouver ?
  2. Will Thompson

    Tenant abandoned property without paying rent.

    I had a new tenant setup for my rental house. Checked references and met them a couple of times. Young family seemed trustworthy. I got a holding deposit and ½ month rent as deposit and allowed them to move in 2 days early. It just so happened that Interact was down that weekend so they...
  3. Will Thompson

    Neighbours Trees

    The neighbours trees have not been cut back in a long time and are well within my property lines. I have tried to contact him to discuss but he hasn't returned my calls or emails. I have obtained a quote for $1,200 to cut back but I don't feel I should be paying for his lack of tree maintenance...
  4. Will Thompson

    Do you need a building permit to evict tenants (Vancouver) ?

    Do you need a building permit to evict tenants (Vancouver) ? I am involved in an 11 unit multifamily property in Vancouver. The building is a 1950s building and we have leaking plumbing pipes throughout. The intent is to replace the plumbing pipes (substantial drywall and flooring has to be...
  5. Will Thompson

    Looking for a contractor in Abbotsford.

    New build and renovation. Any references would be greatly appreciated.
  6. Will Thompson

    Can anyone recommend a Realtor in Osoyoos ?

    any references would be greatly appreciated. thanks
  7. Will Thompson

    Actively looking for opportunities in Edmonton. Feel free to contact me.

    Actively looking for opportunities in Edmonton. Feel free to contact me.
  8. Will Thompson

    Best Bank ?

    No US presence anticipated. I would be looking for an LOC, credit card, etc. My expectation is that this will become a full time job so I will need an account that can accommodate the usual business transactions.
  9. Will Thompson

    Best Bank ?

    I am about to open a business account with a bank. Before doing so I thought it best to ask around for an opinion. Does one bank stand out for you as the best ?
  10. Will Thompson

    Not getting emails from Forums

    I have the same issue.
  11. Will Thompson

    Staging Costs

    I have just been quoted $3,500 for staging plus $1,500 per additional month. Its a 2 bed apartment in Vancouver, 900sqft. Is this a reasonable cost ?
  12. Will Thompson

    Taxing Question. Joint ventures

    Great. Thanks for the information.
  13. Will Thompson

    Taxing Question. Joint ventures

    Hi Thomas, Neither, I hold class B1 shares. However, my wife is director
  14. Will Thompson

    Taxing Question. Joint ventures

    I believe this is a difficult question and one that I plan to put to my accountant during my next meeting. In the meantime, I would appreciate any feedback. I would like to joint venture with an incorporated company. However, I am also a shareholder of the company. Has anyone done this ? Would...
  15. Will Thompson

    Selling in Vancouver. Is now a good time ?

    Hi Thomas. I purchased the property before I knew about REIN and as such, its not ideal in terms of cash flow. I believe I can purchase 2 or 3 good cash flowing properties by cashing out. Long term goal is to work with joint venture partners to make this a full time commitment within the next 10...
Top