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Recent content by Londonworks

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    Cannabis and medicial use... need your help.

    Hey folks. I would appreciate some basic guidance, or if any of you can refer a professional to assist in this matter. I own a rental condo in Vaughan (ON) and hired a property management company last year to place tenants and manage the property on my behalf. I currently live outside Canada, so...
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    First time investor in ON. Suggestions?

    Sure - I can provide more info. Currently living in Toronto. Not really looking to invest "where I live" but rather invest in a market Im somewhat familiar with, being a resident of the GTA. At the end of the day, I could invest somewhere else in Canada but small towns near the...
  3. L

    First time investor in ON. Suggestions?

    I am a mortgage broker myself.
  4. L

    Recommend me a good realtor in Windsor

    Hello everyone. Can anyone recommend a good realtor in the Windsor area, someone experienced in locating good rental income properties? Thanks, Andre
  5. L

    Mortgage 25 or 30 years

    One more thing to mention is that a 30y amortization will carry a premium, now that these mortgages are considered "uninsurable" (after the recent round of legislation imposed last year). Not that it matters that much in most cases, as most rentals would be uninsurable anyways, but those with an...
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    How much do you pay in property management fees?

    Great feedback... so I should target around 10% or so, as this will be for a triplex. My Florida property manager charges 8%, plus 50% of the new lease amount (for new tenants) or 25%-30% for renewals, just for reference.
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    How much do you pay in property management fees?

    Im trying to have a brief idea of how much folks are currently charging for property management in ON. I currently own rentals outside Canada, and have a true "turn key" operation as the property management company there handles everything, from finding tenants, screening them, collecting...
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    First time investor in ON. Suggestions?

    Im already heavily invested south of the border. Looking to start investing now within ON as this is my primary residence.
  9. L

    First time investor in ON. Suggestions?

    Hello folks. I came across this forum when looking for info on how to "get started" (I will explain below why this is in quotes) and have since started reading and reading and reading.. wow - a LOT of fantastic info being shared here. In a nutshell, Im a first time investor in Canada, however I...
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