The market was hot years ago and slow down a little right now. But I lowed the asking 5-10% lower than current market price, try to make quick sales. How about this commission structure? Is it reasonable? 1, sales with buyer's agent, full commission for buyer's agent, 1% for seller's agent...

I am working on over 400 units (300 single, 130 townhouse) development project now, trying to figure out how much I should pay to the inside salesman and buy's agent? Anyone could give me a rough idea? Thanks in advance

Thanks.

I am planing to build some single houses this year. Thanks in advance.

QUOTE (vermillion2010 @ Nov 13 2010, 10:17 AM) Hi, Can someone lend some assistance in providing an interset rate that would be suitable for a VTB. Scenario: I am selling vacant Land for $150K, I have an offer that includes a downpayment of $65K and a request for a VTB. What interest rate is...

QUOTE (Pheenix @ Nov 12 2010, 10:28 PM) As with any RE investment the devil is in the details. The due diligence on this type of project is similar to other RE activities but you have to go a few steps further. This type of project also has to be regarded as a 'retail' operation, and not just...

QUOTE (ThomasBeyer @ Nov 12 2010, 08:36 PM) considering it too ! this is a 6% CAP .. ridicolously high ! aim for a 12% CAP .. so maybe $1.2M tops ! In US, average occupied rate is around 60%. This one only 40% , got room to improve. If get 50% or 60% lease up, the return would higher than...

Anyone investing or has invested in self storage units? Please give your opinion on this one: Project Description Self Storage Facility Location: small city with population around 170,000 in US Total S.F. =81,000 Total Acres=4.3 Year Build: 2005 Net Occupied Space - Today: 32,000 SF...

QUOTE (TerryKruse @ Oct 29 2010, 08:35 PM) I would happily pay a buyer agent as long as the didn`t ask send me to simply pick from the mls and "we`ll go see them" - my experience as a rookie. A good buyers agent is gold and can help you to distinguish an average property from a great one... As...

$109, list your house on MLS. http://www.bestvalue.biz/

Yes. I would do more due diligence. Thanks for everyone`s input.

QUOTE (kastle @ Aug 29 2010, 05:27 PM) Anyone out there have any experience developing bare land? I am looking at developing a 10-15 acre site into single family residential lots in Northern Alberta and am wondering if anyone has info on rough servicing costs. Specifically I am looking for...

QUOTE (wealthyboomer @ Aug 29 2010, 03:18 PM) NO. Thanks. Could I keep doing these without license?

One friend want to borrow some money from me and let me register second mortgage on his two properties. Do I need a mortgage license for it?

QUOTE (ThomasBeyer @ Feb 15 2010, 10:05 AM) true if the intention is short term flip .. or repeated flips .. not true if intention was long term hold ... just like stocks .. if you buy and sell frequently = business income. If you own stocks and sell them once in a while it is usually a capital...

QUOTE (ThomasBeyer @ Feb 14 2010, 11:44 PM) options to reduce taxes: a) sell an interest, say 50% b) sell with a VTB, over say 5 years c) lease the land for X $s/year then a balloon in year 6 d) subdivide land and sell a few smaller lots and keep a few Get used to paying taxes when selling ...

QUOTE (Albertritchot @ Feb 14 2010, 11:29 PM) I do not know what is the original cost of the property or the anticipated selling price will get from the 90 acres. In the absence of numbers, may I suggest one possible manoeuver? It involves using reserves...

I am negotiating some townhouse lots with a developer in Airdrie AB. Each unit is 19-20 feet wide, 100 feet deep and front to exterior roadway. I am thinking an offer $50,000/unit. Is that high or low? Any opinion appreciated.

Hi, Everyone I own a piece land in Saskatoon area. (90 acres, zoned for single, semi and multi home) and looking forward to cash out. Because the price paid years ago was very low, I need pay a lot money for tax if sell it. Does everyone know a better way to cash out( total or partial)...