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Recent content by Nir

  1. Nir

    Should Mom sell house? Or rent it?

    How about your mother stays in her home, you move in to one of the rooms not being used. Help her as needed in the house and there is no need for her to leave. Plus you get extra quality time with and for your mother.
  2. Nir

    Joint venture %age breakdown on new build

    1. A-55%, B-20%, C-25% 2. A-40%, B-20%, C-40% 3. A-65%, B-20, C-15% 4. A-50, B-20%, C-30% Estimates, mainly as there no mention of property value. The higher the value the less C gets except when owns the land.
  3. Nir

    building Inspector

    Alden Gibson, Phone: 519 648-3963. Toll Free 1-800-692-7068 www.inspectgib.com Regards, Nir
  4. Nir

    Are You My Partner In Crime?

    For even more responses, you can now also minimize "someone with a really HUGE heart". Joking, Good luck!
  5. Nir

    Can someone tell me if this is a good deal? 9 unit complex.

    It's a good deal subject to building being in an ok-good condition and ok-good rental area with AT LEAST 2 good PMs in the city or better. Estimated CAP = ($6876-$2000*)x12/$597,000=9.8% *2000 because unfortunately few items like vacancy, repair, maintenance, management insurance etc. are not...
  6. Nir

    Deck - wood vs.composite??

    Thanks Sherilynn for the feedback, especially in a long term hold sounds like ceramic tile just makes sense in any area/age as in addition to all the advantages mentioned, it is also expected to cost less per year as lasts much longer(!) Sincerely, Nir
  7. Nir

    Tough question - JV split on a multi family building value add

    380K with proven appraisal at 1.9M. Regards
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