Ozzie Jurock's Archives
Question: Thursday, June 03, 2010
Miss your spot on Global, wish you'd come back! Have you published a guide for Canadians looking at purchasing real estate in the US? If so how can I obtain it or purchase it?
Question: Friday, August 07, 2009
It has been 5 years since I took your course and real estate investing has been very prosperous for me so far. Thank you for inspiring me to TAKE ACTION! My question to you is a bit unique. I bought a revenue property in Langley that is a side by side duplex. Each side has its own address and it is all on separate meters, however, because it is on septic, it is on one title. Now that the sewer line has been run up 200th St. to Highpoint, I now have the option to tie into the sewer line. It is expensive, but I am wondering if I do it, can I separate the one title into two thus increasing the value of each side? Please let me know if this option is available to me.
Question: Friday, March 06, 2009
If your personal debt servicing is maxed out but your company makes enough to afford it, how do you get further financing?
Question: Wednesday, February 04, 2009
I was planning on buying some properties (4-6) in Arizona. I spoke with a lender that lends to Canadians and all was well until I told them I already own 8 other properties (7 in canada and 1 in the US). I was told the US will only allow you to have up to 4 mortgages INCLUDING your CDN ones. Any tips on how to get the mortgage. I was expecting to put 30% down as per lending criteria.
Question: Thursday, January 29, 2009
My wife and I attended your Land Rush conference on Saturday, we could not stay for the panel discussions. We noticed Palm Springs was not on your buy list, what was the reason for this? We really like that area, do you know a realtor that can help us in this area?
Question: Thursday, December 18, 2008
I am looking at buying a property in Mexico. The plan is to use it personally for two months per year and rent it out the rest of the year. I would appreciate your comments and insight.
Question: Thursday, December 18, 2008
Surely, even you must agree now, that we are going into a terrible situation that we have never been in before. There is only one outcome ... depression!
Question: Thursday, December 18, 2008
I'm 24 and I work in the Alberta Oil Sands. I rent in North Vancouver right now and I'm a bit lost on what I should do. I have $10,000 in RRSPs, another $15,000 in savings and a $30,000 line of credit at six per cent. I take home $3,500 a week and would like to buy my first condo in downtown Vancouver. What would you recommend I do about the down payment? Should I use the line of credit, my RRSP, my savings, or because I'm making good money right now would you recommend buying a second place for rental?
Question: Thursday, December 18, 2008
I am relocating from Edmonton to Penticton with my career. I am not rushed to sell or buy but am wondering with the market going down, if I am better off to sell my acreage outside of Edmonton ASAP, even though Christmas is around the corner and take my time to get the right buy in Penticton. Or should I wait until spring to sell my acreage?
Question: Thursday, December 18, 2008
I have purchased an apartment in Airdrie, Alberta that I will be renting out when it is completed in April. My bank is offering 1 1/4 per cent off the posted rates. It appears mortgage brokers can get better rates. When I looked them up for Richmond there are many and I would like to know is there any difference between brokers? Are there any specific questions I could ask to help decide who to use? Is it worthwhile to ask for quotes from different brokers?