I am a long time real estate investor, syndicator and investor. A member of REIN for the past couple of years. A licensed Realtor and member of the Toronto Real Estate Board and working in an office that concentrates on investment properties in the GTA. On a fairly regular basis I have a...

Get out and take the Quick Start program and join REIN. It will be the best move you ever made and the best money you ever spent. Trust me on that. Murray Toronto

If you are dealing with a realtor they will have forms for you; otherwise they are readily available online if you simply google.... I would ensure two things. Firstly, I would meet and have the parents sign. No parents, no meeting, no lease. Period. Secondly, I would do a walk through at...

QUOTE (markl @ Nov 22 2007, 09:37 PM) Hi Donna, Banks are obligated to get Fair Market Value they can be sued if they do not. I have tried to buy a couple but could never work a deal. When are we getting a cup of coffee? Regards, Mark Loeffler www.homeownersoon.com Loeffler`s right. Dead...

QUOTE (ahmadbelfon @ Nov 28 2007, 08:21 PM) I`m just starting out in this business and I`m trying to build a strong team of real estate professionals around me. Can anyone recommend a really good real estate lawyer in the Greater Toronto Area? Thanks. Ahmad Try this fellow. He has handled my...

Quickstart basics: keep yourself near the highway and/or public transit for starters. That`s a good foundation. And keep yourself away from landfill. Learned the hard way.

Speak to someone locally about the zoning.... the advice that you have received regarding the basement apartment is interesting and likely valid. It is the STOVE, incredibly, that will cause the basement in-law suite to be non conforming believe it or not. Replace the stove with a microwave...

QUOTE (mikecunning @ Dec 13 2007, 10:22 AM) Try running a search under 'referral / finder fees'...there are a couple of threads on this. Basically, it is whatever you negotiate. Also look up finder's fees or "bird dog fees" in REEBA 2002 (Real Estate and Business Brokers Act). You may...

I have always tossed in an extra point or two for the lucky agent finding me the property I wish to purchase; it is this simple.... I am an agent and I have two prospective buyers. One buyer deal pays me a percentage of 2.5% and the other pays me my percentage of 4%. On a significant property...

I think it is important that all of your advisor`s know and deal with one another, keeping YOU in the loop on all significant correspondence. Changing a minor detail in an Agreement of Purchase and Sale is better handled by the lawyers and real estate reps as they both have a fiduciary duty to...