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  1. jarrettvaughan

    MIC vs Joint Venture Partner?

    QUOTE (thomasbeyer2000 @ Apr 7 2009, 11:13 AM) go to india .. at 10% of these costs !! Any suggestions on Indian companies?
  2. jarrettvaughan

    Do basic home maintenance courses exist?

    QUOTE (invst4profit @ Apr 6 2009, 10:02 AM) Although time is valuable I highly recommend that every investor starting out in this business do all there own maintenance. To me this is as important as learning any other part of running this business and in the beginning will assist in achieving...
  3. jarrettvaughan

    Renting for the olympics

    QUOTE (NJang @ Mar 31 2009, 04:52 PM) I too am considering renting out my personal condo I have in downtown Vancouver. I`ve done a bit of research on this, but have yet to follow-up or list with any placement agency. Check out these 2 sites and offer your thoughts: http://2010houserentals.com...
  4. jarrettvaughan

    Finding New Tenants

    I know a few landlords that have done this. Every company does business differently so you would have to ask each property manager is they offer this service. Why do you want to do this? I am sure that you would be much more likely to find a good long term tenant than someone who is getting...
  5. jarrettvaughan

    Mandatory Donations on JV Properties-Social Responsibility

    QUOTE (thomasbeyer2000 @ Mar 22 2009, 08:46 AM) hmmmm .. let`s look at these stats re potential competition for investment $s: 3000+ REIN members .. 30+ private syndicators I know of .. 2000+ mutual funds in Canada alone .. 30,000 in the US .. 40,000+ stocks .. 5000+ financial planners ... It...
  6. jarrettvaughan

    Legalizing a basement suite

    Is it possible that once you start the process, that the city will then have knowledge off your illegal suite, deny your application and make you take it out? Is there a risk in starting this process from that respect? Has this happened to anyone?
  7. jarrettvaughan

    Mandatory Donations on JV Properties-Social Responsibility

    QUOTE (ChrisMewhort @ Mar 22 2009, 02:43 AM) Volkswagen aimed for 70% of the market to hate the redesigned Beetle and 30% to love it. This maximizes customer passion for the product. it's a unique selling point. Chris Chris and Thomas, I think that you have made very interesting...
  8. jarrettvaughan

    What exactly is one TRILLION dollars?

    Here is another web page with numerous examples of what a trillion dollars could pay for. Very interesting. http://www.mint.com/blog/finance-core/visu...illion-dollars/
  9. jarrettvaughan

    Mandatory Donations on JV Properties-Social Responsibility

    QUOTE (thomasbeyer2000 @ Mar 20 2009, 03:50 PM) I think it is a great idea AND a great sales tool .. and I am thinking of incorporating this into our new fund out this fall ! Hi Thomas, Would you be able to expand on why you think it is a great sales tool? How will you present this...
  10. jarrettvaughan

    Mandatory Donations on JV Properties-Social Responsibility

    QUOTE (realfortin @ Mar 12 2009, 04:38 PM) People will feel like they are forced to give to that specific charity. Just for clarification, the JV would get to choose the charity, so they would not be forced. David, I like your idea of matching the donations, that seems like a win-win...
  11. jarrettvaughan

    rent to own scam?

    QUOTE (NeilUttamsingh @ Mar 12 2009, 07:40 PM) Hi REIN Members, I am hoping that some of you can shed some light on my situation. I am currently advertising a property for rent on www.kijiji.ca. I received a response from a `real estate investor` who asked me if I would be wiling to do a...
  12. jarrettvaughan

    Mandatory Donations on JV Properties-Social Responsibility

    This is all very good insight. I am trying to figure out how to balance being a responsible citizen and using my influence (or lack of influence) to help the world. I don`t know that it is wise or effective to mix social responsibility with business in this situation. I am already giving a...
  13. jarrettvaughan

    Mandatory Donations on JV Properties-Social Responsibility

    In an effort to be more socially responsible, I have been thinking about including a non-profit donation line into my cashflow statement. What I mean is, I would include a donation of 5%-10% of the monthly revenue (not profit or cashflow) in the cashflow statement. This would be a mandatory...
  14. jarrettvaughan

    Combining a JV with Rent to Own

    QUOTE (RedlineBrett @ Mar 11 2009, 08:19 AM) Make no mistake, if you have a tenant buyer with a good enough deposit (minimum 2.5% of market value at signing IMO) and they are willing to pay you a rent you are comfortable with AND are willing to agree to a future sales price that works for you...
  15. jarrettvaughan

    Combining a JV with Rent to Own

    QUOTE (brad @ Mar 11 2009, 06:27 AM) I respectfully dis-agree with you guys. I think lease to owns in todays economy are a great way to generate positive cash flow, while at the same time, hopefully having tenant free issues for 1-2-3 years. You have to be realistic in your property...
  16. jarrettvaughan

    Canadian Dollar vs US Dollar

    QUOTE (wgraham @ Mar 10 2009, 09:55 AM) From what I understand of economics and from what I am hearing from some senior members I keep expecting the USD to take a huge dive against the CND but the opposite keeps happening. If the US keeps dumping money into the system that should devalue their...
  17. jarrettvaughan

    Uniformity in flooring renovations

    QUOTE (ShariAnn @ Mar 9 2009, 06:08 PM) We`re about to close on our first investment property, and we`re a little uncertain about one aspect of the necessary renovations. We`ll be replacing the flooring in the two largest bedrooms and the hallway (all upstairs) with laminate, but the carpet in...
  18. jarrettvaughan

    Car Expense Deduction

    QUOTE (Tammy @ Mar 4 2009, 02:22 PM) There is a difference in the car expenses you can deduct if you own one property versus if you own more then one. Here is a section straight out of CRA guide T4036: Line 9281 – Motor vehicle expenses You can deduct motor vehicle expenses in the following...
  19. jarrettvaughan

    The Canadian solution

    QUOTE (JohnS @ Feb 24 2009, 12:04 AM) As I understand it, which very easily could be wrong, that would have counted as "government intervention", but not a bailout. A bailout implies giving them money and getting very little in return, like they`re doing in the States by buying the paper to the...
  20. jarrettvaughan

    Become your own 24 hour PM

    QUOTE (regis22mx @ Feb 20 2009, 10:05 AM) In managing our own properties I have found it challenging to fill vacant properties. Does anybody know a management or rental company who will take on this part of the job only? (renting out vacant properties) and charge a rental fee? Any tips are...
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