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22 January 2025 | 5 replies
.- Cities like Toronto will levy another tax (Vacant Home tax) equivalent to 1% of the current assessed value of the property if the property is not occupied (rented, owner-occupied, family occupied, all count as occupied)- Land Transfer Tax: while the Province of Ontario charges anywhere between 0.5 - 2% of Land Transfer Tax when your transaction closes, you should expect to pay this amount twice if the property is in the City of Toronto .
13 January 2025 | 41 replies
I have to sell it, but guess who has to request the payoff amount from the lender….thats right, the ORIGINAL borrower.
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16 January 2025 | 5 replies
Contractors, unless you have a working relationship with them, normally do not want you bouncing ideas off them.Understand what their hourly rate is, have a discussion with them that you are okay with paying them an hourly rate if they walk the property with you and provide you a scope of work along with an explanation of what you can/can't get away with in regards to improvements.ask them if you go with them, if they can credit you the amount that you paid.Once you develop a working relationship with a few contractors, you can bounce ideas off them and expect quality responses.I do not invest in New York.Best of luck.
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3 February 2025 | 27 replies
It will teach you so much, has the best financing options, least amount of risk, and will let you know if you want to be in this business or not.
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11 January 2025 | 4 replies
Most likely a "discount listing" Owner pays realtor a small amount upfront to add it to the MLS.
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23 January 2025 | 39 replies
But it was not the amount I thought I would get.
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14 January 2025 | 3 replies
That's a very low amount given it's a commercial property.
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20 January 2025 | 9 replies
I have never been disappointed and have actually thought he pays an extreme amount of attention to my needs for the price he charges.
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12 January 2025 | 2 replies
If I was to trade a $300k house for a $310k house that will cost me $10k and $347/month what amount should I ask for to make up for these losses?
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17 January 2025 | 4 replies
He uses poorly thought through methods, I've listened to his "methods", Thus, he has the high amount of Due On Sale called in a short period of time.