24 February 2015 | 10 replies
However, as others have said, you write off depreciation, benefit from appreciation, profit from rent increases, and watch your mortgage principal get paid for you.With the exception of the condo boom in Toronto, you've probably noticed that rental housing inventory is generally tight in Ontario.
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26 February 2015 | 12 replies
While there are ALWAYS exceptions to the rule, I've seen a number of projects that cost the developer more than it should have because the drafter did not understand the code and so the project either couldn't get a permit or construction was halted due to code violations.
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25 February 2015 | 2 replies
If you have done nothing up till this point except study then your next step is to take action.
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26 February 2015 | 7 replies
While it is possible there are exceptions, I doubt it.
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16 November 2015 | 21 replies
Since I foiled them part way thru they didnt get much , except the wifes jewlery .
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26 February 2015 | 2 replies
Never done it myself, but my guess would be that if your signed Contract only shows the price you agreed to pay, rather than the price you intend to sell it for, then the Contract that you make your Buyer sign will be a "carbon copy", except with you as the Seller and quoting your new-improved purchase Price?
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27 February 2015 | 10 replies
No property has only 20% expenses (OK there are exceptions to everything, triple net deals for example) and any property with 100% would be obvious.
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28 February 2015 | 12 replies
This is still an installment sale.Other installment sales do not convey title, such as the old contract for deed, or a financed option with a lease, some trust conveyances are made after full payment has been made.What is was referring to was the implied comment as to holding title as an owner and having a lien interest in that property, that doesn't fly.Not really an exception, but an example, I sell you a 1/2 undivided interest in a property, I may still have an undivided interest but I may secure your interest with a security agreement, my lien is not to the interest I hold but rather that held by you
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5 March 2015 | 16 replies
@Conor McCahill I am building 7 units in Sloans right now, Pricing was about $160 per ft including everything (engineering, Architect, construction, tap fees, permits, etc.) except the land.
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28 February 2015 | 6 replies
the cost to be a wholesaler is almost nothing except your time, energy, and effort (and a little money for marketing) but you usually wont make as much as a wholesaler as you would as a fixer/flipper... not do you deserve to as your risk is much lower. :)