Elizabeth Chi Real Estate Newsletter - Edition 11 - June 2015

Elizabeth (Eli) Chi - Realtor®

Century 21 Energy Realty

eli@elichi.ca
778.256.2888
http://www.elichi.ca/

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FSJ Investment Group

 

It's been my goal for 2 years now to begin an investment network in the north since I don't get an opportunity as frequently anymore to go to my monthly investment meetings in Vancouver.

I'm proud to say we had our first one on May 28th and it was fabulous (if I do say so myself) with over 20 attendees! The powerful group was established to offer a safe and relaxed environment for like minded individuals to be educated, empowered and encouraged to invest in income producing real estate with the goal of achieving financial freedom and independence.

Here's what one member said, "Met lots of new interesting people with many different outlooks and perspectives on things. This is definitely a major eye opener! I am going to love this new network of people and opportunities!"

Another attendee said, "Moira blew me away with all of the information on Fort St. John! I am so confident to buy something else, now more than ever before! Eli, let's go shopping!"

Through the expertise and experience of our speakers and group members, you will learn how anyone can earn passive income through owning a positive cash flow investment property.

If you have friends or family in the north that you think might benefit from the group, please let me know and I will personally invite them!



Good News - Petronas signs MOU

 

LNGreport_update2013_web130207

Petronas signs MOU (Memorandum of Understanding) for proposed $36-billion LNG project near Prince Rupert.

Government officials say the proposal includes long-term royalty agreements that bring revenue minimums to the province and rate stability to Petronas.

The royalty rates, which are pre-set annually, start at just above six per cent and rise to a maximum of 13.36 per cent, bringing an estimated $7.7 billion in revenue to the province over the 23 years of the proposed project.



Benefits of Using Private Lending

 

The Benefits of Private Lending...

The mortgage lending landscape has changed during the past few years. Lenders and insurers have become more discerning when approving mortgage applications. It's even more challenging to those with some damaged credit and for those who are self­-employed. The good news for self­ employed individuals is that one insurer is now re­-releasing its stated income product. Read more in the attached article.

Information graciously provided by:

Crystal Lau
Mortgage Consultant
The Mortgage Group
Tel.: 604-787-1043
Fax: 604-629-6668
cl@crystalmortgages.ca
www.crystalmortgages.ca



Cash Flow Properties

 

Evergreen (Dawson Creek)
Full Arlington Duplex (Energy Park)
Killarney Duplex
Signature Pointe Condos
Simmons Half Duplex April 2015
Suited Crestview (Energy Park Build) FSJ

When you look at as many properties as I do, you have to learn how to quickly analyze the numbers to determine whether a property has the potential to be a great cash flowing investment property or not. I take the gross annual rent divided by the Purchase Price x 100. If this gives me more than 8%, I look further into this property to see how I can increase rents and decrease expenses. If it's 9%, definitely look closely. If it's 10% or greater, hurry up and buy the darn thing! That bad boy won't last long!

Are you looking for CASH FLOW properties while maximizing your ROI and taking advantage of the capital appreciation in a growth region? Find properties in Fort St. John to Dawson Creek with some of the best cash flow you've ever seen!

Some of these properties are EXCLUSIVE to our clients only and are not put on MLS.

(The information contained within the PDF documents are for discussion purposes only and is not to be relied upon without performing your own due diligence. Figures will vary for each individual)



CMHC Mortgage Rules Changing

 

Gmail - More CMHC Mortgage Rules Coming..

More CMHC Mortgage Rules Coming

There’s another set of mortgage rules coming this summer. CMHC sent out a notice recently with implementation dates for three policies related to OSFI’s B-21 guideline.

We knew this stuff was coming but these rules could nonetheless make it harder to get low-ratio insured variable-rate mortgages, self-employed mortgages and 100% financing. Read more in the attached article.

Information graciously provided by:

Crystal Lau
Mortgage Consultant
The Mortgage Group
Tel.: 604-787-1043
Fax: 604-629-6668
cl@crystalmortgages.ca
www.crystalmortgages.ca



3 Benefits of Pricing Your Home Right

 

3 Benefits of pricing right PDF

If you’re thinking of listing your home, pricing it right is an important step. After all, many buyers have come out of their winter hibernation eager to look for a new home. Below are just three benefits of a well-priced home. Forward this on to family and friends who are interested in listing their homes, and remember, I’m never too busy for any of your referrals.



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