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  1. UTCVenturesLtd

    Building a Team in Calgary

    QUOTE (GarthChapman @ Sep 14 2009, 01:24 PM) Great start-up strategy - I recommend this to new investors quite often. Call anytime if I can help on the mortgage side. Hey Garth, I used Lisa Paserelli. down at your company a little over a year ago, recommended through my wife`s contacts. Small...
  2. UTCVenturesLtd

    Joint Venture Investor - My Corporation?

    It is so hard to find a joint venture investor, i use my corporation to be that somebody! Strategy: I have a personal investment property that has doubled in value. The property is paid off. Transaction Question: Can i lend my corporation 50% of the equity in the property and either do it...
  3. UTCVenturesLtd

    Belize - Me, Me, Me - Dull, Dull, Dull

    Have you ever seen a hearse pulling a Uhaul trailer???? So much for success huh? How long will you live to reach that personal Belize? How about taking a short cut? I have been having a few discussions with people about an alternate lifestyle called fulltime Rving. Put what you have...
  4. UTCVenturesLtd

    Weekly Renting First then Long Term Lease

    QUOTE (invst4profit @ Sep 10 2009, 09:06 PM) Risk is the key word. You are gambling with a huge investment. This is not, in my opinion, a business where you can lower your standards. Given a choice between a mediocre applicant or going vacant vacant wins out every time. One can always invest in...
  5. UTCVenturesLtd

    Weekly Renting First then Long Term Lease

    QUOTE (invst4profit @ Sep 10 2009, 04:37 PM) With a proper screening process in place you should only be accepting fully qualified applicants. There is no reason to ever accept anyone that you doubt. You do not offer them week to week you reject there application. There is a lot of vancancies...
  6. UTCVenturesLtd

    Taking a Company to Being a Public Traded Company?

    Has anyone succeeded in doing this or would the costs be too high to even consider? How would the costs compare to setting up a Limited Partnership which probably runs around $30,000? Seems it might be a good way to raise capital by selling shares vs finding jv investors since you are using...
  7. UTCVenturesLtd

    Weekly Renting First then Long Term Lease

    From what i understand from an accounting perspective, renting weekly would result in collecting gst although that depends on how much your business is bringing in on an annual basis. Maybe deciding on if to go that route, it may depend on your gut feeling and who is applying. It a potential...
  8. UTCVenturesLtd

    Weekly Renting First then Long Term Lease

    I have second hand information on a landlord who rents weekly initially and if he gets a bad tenant, they are gonzo FAST! No stringent eviction rules with going short term. Once they prove themselves, he will sign a long term lease. Has anyone used that strategy?
  9. UTCVenturesLtd

    Financing a Buyer Personally?

    Has anyone sold a property where YOU hold the mortage for the buyer and not a BANK? How do you set up the paperwork? Through a lawyer or through a bank? Any low branches to watch out for? I have a property for sale and a would be buyer... I sent him to see my mortgage broker first. I am...
  10. UTCVenturesLtd

    I feel so HORRIBLE about this !

    If you had this much trouble in the first place, one can only fathom how much more would have awaited you following through! There are tons of vacant rentals out there these days! Pat yourself on the back for separating business from emotions! You are far better off waiting for good renters...
  11. UTCVenturesLtd

    Best Tenant Insurance Rates?

    Trying to find a couple who are starting out the best rates for them. They have about $2500 worth of personal property and the apt owner requires that his tenants carry 2 million dollars worth of liability. AMA has a min $15k personal property and it goes up to a min $35k from other ins...
  12. UTCVenturesLtd

    Owner Bought An Apt With Mice! No Pets Allowed!

    QUOTE (koop @ Aug 11 2009, 10:16 AM) I work in a barn, we have no mice, which wasn`t always the case. What I did was start by sealing up all the holes where they get in, spray foam is good for that or tin foil. We were using poison, but they do become immune to the poison, so you have to change...
  13. UTCVenturesLtd

    Owner Bought An Apt With Mice! No Pets Allowed!

    It is a 3 storey block and has bait stations on every floor in the hallway. On one flight of stairs, they are hidden behind vases and on the other flight of stairs that is not used, they are placed openly. That system of dealing with the problem is not working. The tenants are constantly...
  14. UTCVenturesLtd

    Where is Calgary Real Estate Headed Now?

    Soft rental market. Migration to the east. My wife`s salon business has seen many clients moving east. (She now has 3 levels of pricing which has increased her business in spite of the downturn.) Businesses folding or closing when the lease is up. Many losing jobs and houses having taken on too...
  15. UTCVenturesLtd

    Land Banking With Walton International Group

    QUOTE (BrianPersaud @ May 29 2009, 09:36 AM) Check out this forum on Walton I invested a couple of years ago in Walton International without doing proper DD. I have not exited yet, but most likely, I will get good profit on the 2 properties I purchased near Edmonton alberta. But I did purchase...
  16. UTCVenturesLtd

    Land Banking With Walton International Group

    QUOTE (thomasbeyer2000 @ May 22 2009, 08:08 PM) indeed ! Thomas, i have not known you to be a man of a few words! Indeed! I was amused when i read your replies. I have been a stone`s throw away from you this week, up the hill from Dead Mans Flats at the Banff Gate Mountain Resort. Will be...
  17. UTCVenturesLtd

    Land Banking With Walton International Group

    Well according to Don there are 20 Million of these type of properties. 222 Wow, where did all the people go in order to leave them vacant? As for who? CBI is buying in Arizona. They are the only people credible that I have found buying distressed US properties. 222 Just have a peek at their...
  18. UTCVenturesLtd

    Land Banking With Walton International Group

    I seem to get the impression that no one has actually done land banking from the investors reading the posts. The future doesn`t look that promising for the land banking game nor much else for the rest of the year. If the land banking folk have been marking up their prices for the investors and...
  19. UTCVenturesLtd

    Land Banking With Walton International Group

    QUOTE (BrianPersaud @ May 22 2009, 07:51 AM) Walton was doing well when land was appreciating 5% per month... what time of investments are you looking for? There are lots of ways to make a passive investment with higher returns secured against properties that cash flow. I would like to have...
  20. UTCVenturesLtd

    Land Banking With Walton International Group

    They performed well for many years during times of rapid growth in the cities they were active in. Land banking is a play on growth of cities in the perimeters. It is important for you to do your due diligence - find out how their model works. 222 1. Acquisition 2. Syndication 3. Planning 4...
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