Entries Tagged as 'Rental Property'

Rental Market Much Stronger In 2016

May 14th, 2016 · 1 Comment · Rental Property

Last year I was very concerned about the rental market. Condo buildings were getting built and condos were on the rental market for a good long time. Prices were flat with even a small decline, and you had the impression that you had to work every application, and get every single appointment or you might […]

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Condo Rules – Occupancy Restrictions Rant

September 16th, 2015 · 8 Comments · Property Management, Real Estate Lawyer, Rental Property

Lets talk about the sneaky way that condos restrict occupation of their units and how that impacts investors and occupants alike.  I’ll even name then and shame them in this post because I’m a fed up by this blatant ignorance of the Ontario Human Rights Tribunal’s clear rules and regulations. You may not discriminate based […]

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Goodbye August Madness!

September 1st, 2015 · No Comments · Rental Property

August is always a madhouse. Students come into town, parents move before school starts. It’s both a wonderful and busy time of year for me. Now begins the slow decline in rentals until December when the market dies until February and then starts to climb again until frenetic August again. So many leases were written […]

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For God’s Sake Buy A Parking Spot

August 17th, 2015 · 2 Comments · Property Management, Rental Property

When I first started renting condos, they came with 2 extra things FOR FREE. Parking and locker. Then a while back, they started charging for parking and gave you the locker. Then developers started charging for both a parking and a locker. Then they started charging $50,000 for a parking spot downtown, if they were […]

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Recommended Real Estate

July 26th, 2015 · 1 Comment · Property Management, Rental Property

So George a reader of the blog asked the following question in a comment. Question Condos rent like crazy it seems, but appear to be poor investments compared to multi-unit purpose built buildings.  On the surface, they have very little room for error or interest rate changes and an extremely low cap rate. Is this […]

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