Ozzie Jurock's Archives

Question: Tuesday, July 17, 2001

I would like to find out the price of a one bedroom apartment in Coal Harbour particularly the block at 555 Jervis street.

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Question: Monday, July 16, 2001

For the last 2 yrs I have wanted to purchase a rental property (with 2 incomes) as an investment for my 5 yr old daughter's post grad schooling. I am closing in on a property (finally!) that could pose to be a very good deal but I have some questions about calculating my numbers to determine if this (or any property that I have looked at) could create a positive cash flow. Here is what I factor into the calculation for each month... 1. Mortgage cost 2. Taxes 3. Insurance 4. Hydro/Heating costs 5. Repair fund(I always factor $100/month) for unexpected bills eg.hot water tank appliances/repairs Am I forgeting something that I should also include in the above equation? Any other advice?

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Question: Friday, July 06, 2001

We listed our property for 90 days. On the 67th day my husband learned that his transfer to Winnipeg did not come through. Before we could cancel the listing, we received a full price offer. In our discussions with our salesperson we learned that we needed to go through with the deal. Now we wonder?

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Question: Thursday, June 21, 2001

Should we lock in or go month by month with our mortgage?

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Question: Wednesday, May 23, 2001

What's your opinion on mortgage rates right now? Would it be better to lock in now for a 5 year term or to ride a variable rate?

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Question: Saturday, April 07, 2001

Should we be pre-approved now or will it [interest rates] go lower?

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Question: Sunday, April 01, 2001

What is an appraiser?

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Question: Friday, March 23, 2001

What is considered the maximum percentage off the list price? For example, we're looking in Ladner and don't want to pay more than $200,000. Most listings are upwards of $230 for a 3bed/2bath home.

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Question: Saturday, February 24, 2001

Do you think Whistler condos will maintain their lofty prices?

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Question: Wednesday, February 21, 2001

Will your site allow for sale by owner listings?

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Ozzie Jurock is a Vancouver-based real estate investor, mentor, and author.

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