As we progress through 2024, commercial real estate shows a mixed landscape influenced by economic factors like inflation and labor market shifts.Office PropertiesThe office sector remains strained, with vacancy rates at a record high of 13.8% in July.

If the carpet is six years old and has a life span of ten years, then you should only charge them for four years of remaining life span.

the overall benefits remain great - mortgage paydown, tax benefits, rent growth, appreciation hopefully - but short term cash flow has taken a huge hit with the rise in interest rates. 

The person I sold it to made $40k weeks later doing nothing to the property but listing it on the MLS.All because he had more leverage.He knew I was in a tight situation financially and took advantage of me.He turned me into a motivated seller.

Can I qualify for this purchase using my husband's income, even though he will remain in British Columbia while I relocate first with my kid to our new property?

Although this is technically inaccurate (I saw a case where a sheriff sale of this sort was challenged and the challenge lawsuit took 11 months, deed recording came after that), that is the typical practical waiting period to get the title insurance for the resale.Whatever the mortgage balance, that’s now your obligation to get paid off; before even bidding on any sheriff sale property you should have a good idea of any remaining mortgage balance(s).

The 20% (50k) would be your remaining equity in the property. 

This arrangement aligns the interests of both parties, as the builder is motivated to keep costs down and ensure a profitable outcome.Builder's Overhead: The builder’s overhead, including staff salaries and administrative costs, can be a bit more complex.

The person I sold it to made $40k weeks later doing nothing to the property but listing it on the MLS.All because he had more leverage.He knew I was in a tight situation financially and took advantage of me.He turned me into a motivated seller.

Please make sure it remains on.”