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  1. terri

    Should I lock in my open variable mortgages

    QUOTE (caglah @ Dec 20 2008, 12:59 AM) Prime has to be at 5.43% for your current prime-0.75 variable rate to hit 4.68% that the Bank is offering you. Do you think that is going to happen within the next year or two? Prime is currently at 3.5%. I believe there should be enough signals by the time...
  2. terri

    Time to Eat Crow, Stephen Harper

    Not that I claim to know much about politics, but my take on the polical scene is that come january Harper will compromise enough to prevent a coalition government from taking over, but before long we will have another election because he has lost confidence and support and watch out Harper...
  3. terri

    Rate cuts on Variable Rate Mortgages

    QUOTE However, you can probably expect banks to increase the premium on new variable rate mortgages as they try to recoup costs. Yes, this is what I`m curious about, just about to apply for a new mortgage. Has anyone heard anything about what variable rates are at or where they`re going? Terri
  4. terri

    Someone broke into my tenant`s unit

    you currently have no proof that she did anything wrong so please treat her as innocent until proven guilty. True it seems odd that nothing was taken but it sounds like she`s been a good tenant thus far. Get the police in to look at the door and tell you what happened. They will know if it is...
  5. terri

    When is a Flip Not a Flip?

    QUOTE (UTCVenturesLtd @ Dec 3 2008, 09:24 PM) If i am renting from my corporation and fixing up a property, how long would i have to hold it before i can sell and move onto another project? I want to have capital gains and not be taxed as income. Is there a time frame that is safe to make that...
  6. terri

    Current rates for Property Management

    QUOTE (Torey @ Dec 2 2008, 01:01 AM) I don`t understand, wouldn`t the PM earning one months rent just to re-rent the unit, become an incentive to more frequently re-rent the unit? Isn`t this a conflict of interest, where the PM profits by having higher turnover where as the owner is charged...
  7. terri

    Rent Price Decreases

    QUOTE (JeffFisher @ Nov 29 2008, 12:07 PM) Interestingly discussion. My partner and I have just purchased our first property that closes early in January. It`s our first investment property (a townhouse in N.E. Edmonton). Asking rent in other properties in development are $1150 per month and...
  8. terri

    Government to be ousted....

    QUOTE Stephen Hitler hehehe, very funny Jack. I think my favortive thing during the last election was to see a Green Party campaign supporter riding his bicycle up and down the streets of my neighbourhood with a BIG campaign poster on a dolly behind him. Now in the case of the green party...
  9. terri

    Cash flow may not save you!

    QUOTE (nepoez @ Nov 25 2008, 11:07 AM) Thanks. I`m glad my theory is at odds to reality! I`m not sure your theory is all that far off from reality. I believe that there is another thread going on about rental prices dropping. Now I don`t know if that`s just seasonal or because people have...
  10. terri

    Good News! - Hydro Savings for Duplexes and Up

    QUOTE (investmart @ Nov 24 2008, 06:47 PM) Hi Everyone, FYI if you have properties with 2 or more units you can get 1st tier pricing for higher usage based on the number of units within your property. I found out the previous owners were not aware and as a result paid more on hydro for a few...
  11. terri

    Economic Carnage in Alberta

    I like Jack`s posts, yes it would be nice if the links were there to read the full article, but I tend to have a glass is half full mentality ( buying opportunity, woohoo!!! )and sometime I need a more "conservative" perspective to bring me back down to earth. Joe`s posts are great, very...
  12. terri

    Who Usually Shovels Snow - Tenant or Landlord`s Rep.?

    HI Neil, my properties vary on a case by case basis. It depends on amount to be shoveled and how many apts in the property. the more apts there are it seems the less likely they will shove. duplex/triplex they do, 4 plex they don`t. If there is 10 mins or less of work to shovel, they do...
  13. terri

    Problem Tenant? Or New Problem Tenant?

    Wow, I think that you`ve been very patient with the main floor and their demands, but from now on what if when they call to complain about something that you feel is not necessary, can you just tell them that you do not feel that "xxx" needs to be altered and you are very sorry that they are so...
  14. terri

    finally have my website up and running

    QUOTE (margaretcowan @ Nov 9 2008, 02:20 AM) Hi Terri Like other posters have said, a very nice site visually! I love old houses! For your headline for finding tenants, I`d rephrase it in a more positive way, "Looking for a hip, modern apartment home in Queens West? The rest of your text...
  15. terri

    finally have my website up and running

    QUOTE (mortgageman @ Nov 5 2008, 11:48 PM) Nice pix! Did you shoot them, hire someone or are they stock? Great lighting in all of them. thanks!!! Actually one of my tenants is a fantastic photographer, so she shot most of them for me ( the good ones), I shot some, but I`m hoping to get her to...
  16. terri

    Property tax

    QUOTE (dandoros @ Nov 6 2008, 09:43 AM) I had a similar issue with FirstLine. I set pre-authorized monthly payments with the city for each property and instruct the bank to stop collecting the property taxes. Hope this help. Dan I prefer pre-autorized monthly payments with the city too, that...
  17. terri

    Our website has just gone live as well

    QUOTE (seanverret @ Nov 5 2008, 04:01 PM) Our website is: http://www.ipinvestments.ca It`s still a work in progress, but we come up with some real slick techniques to add a lot of our "research" to the pages with minimal effort, similarly we can add new potential deals we see and in future...
  18. terri

    finally have my website up and running

    QUOTE (markl @ Nov 5 2008, 09:39 AM) Hi Terri, I think the thing that most of the posters have in common is we like your website but I think we are failing to understand the purpose is it to attract JV money or capital or is it designed to attract tenants to Queen West? The Securities aspect...
  19. terri

    finally have my website up and running

    QUOTE (ChrisDavies @ Nov 5 2008, 03:02 PM) Hi Terri, I`ve got good news and bad news. The good news is your site is pretty, slick, and by designing it in flash or something similar, it`s easy to make it match your style. The bad news is your chances of being found in a search engine or other...
  20. terri

    finally have my website up and running

    QUOTE (TodorYordanov @ Nov 5 2008, 07:21 AM) Nice work Terri. I love the photographs and the design. But you are right, the the website is, at this point, all about the lifestyle. And this is not what you need it to be. I don`t see any information that would suggest that you are looking for...
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