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  1. 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...
  2. Lucas

    Anyone have a good Kitchen guy in Calgary?

    Hi Brett, I have a friend that was doing Kitchens in Swan River, Manitoba and he moved to Calgary 4 mos. ago to do the same. His name is Chris Pollard and his email address is Hi guys, Does anyone have a good referral to a kitchen guy/shop here in Cowtown? We are looking to spread our...
  3. Lucas

    A real estate agent introducing to another.. fees?

    Hello there, As an agent these things come up often and are often quite pathetic in my opinion... In this particular instance I would say the agent expecting commissions on ALL future transactions is asking a little much. It sounds a little greedy to me... Lucas QUOTE (ToddStokowski @ Dec...
  4. Lucas

    Client needs money!

    QUOTE (evank @ Dec 5 2007, 04:20 PM) How does he plan on making the monthly payments? Hi Evank, If you or another party is interested in lending my client money to complete his project we can discuss the details in private. Out of respect for my client could you please direct any questions...
  5. Lucas

    Investment in Mexico

    Hi Anzali, I have a group of investors that are interested in condominiumizing old apartment style hotels in Mazatlan. However, we are unsure of the parameters of investing in Mexico (ie. lenders that will lend for investment there, laws and rules specific to that region, foreign ownership...
  6. 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...
  7. Lucas

    Scam Alert

    Hi there, I`m new to the rental side of investment...how does this particular scam work? cheers, Lucas
  8. Lucas

    Wood Foundations

    Hello, Great topic...I love this kind of stuff. I own a construction company and have grown up in a building family all of my life. My dad builds modular homes in West-Central Alberta (Wes-Land Modular Homes) and has utilized wood basements many times. There are some obvious risks with them...
  9. 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...
  10. Lucas

    offer deposit - how much should it be?

    As a Realtor I advise my clients to do what they feel comfortable with...whether its 1% or 0.000001%, its all dependent on thier present financial circumstance and their motivation to purchase the subject property. In this market I advise not to exceed 10% (at the very most), simply because if...
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