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Recent content by OurRealtor

  1. O

    Pls explain discrepancy in biweekly payment

    $123,601.31 @1.95% VC-5 Yr Term; 15 Yr Amortz : Crux of these problems is to work out Equivalent Annual Interest Rate=1.957391% Biweekly Payments: I am calculating it as($792.54 monthly Ins Premium of $100.38)X12/26= $412.12 - Biweekly Payments, but docs shows : $442.61, pls explain...
  2. O

    STB as a term of contract or condition in APS?

    What will be best option?
  3. O

    Condo maintenance fees

    Is there any rule/regulation to pay Condo Fee in an year advance by Post Dated Cheques in AB? If not , then how many months (max) are being paid by post dated cheques?
  4. O

    Tenant Managed Property

    I just thought its not a bad idea if a tenant can manage other part of property on behalf of Landlord. I am not sure are there people who trust their old trusted reputable tenants, I need to know, how many of you actually managed it that way. How would they transfer cash flows. Share...
  5. O

    property manager/ insurance agent referral for Brantford ONT.

    [list type=decimal] Why did you buy there? The cost and size of house? Any future development? Any problems you faced so far? How's neighborhood, surroundings, highway , road network? Any famous college/university? [/list type=decimal]
  6. O

    Cash on Cash Return

    $100,000 Innitial Investment YEAR 1 2 3 4 5 Cashflows or annualized returns EOY1=$8,392 EOY2=$8,560 EOY3=$8,731 EOY4=$8,906 EOY4=$9,084 + Reversion of $113,500 [list type=decimal] straight overall return divided by the number of years money is tied...
  7. O

    Cash on Cash Return

    Its hardly @ breakeven point.
  8. O

    What are back in rights

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  9. O

    What are back in rights

    Can anyone highlight what's does the term " back in rights" represents in the context of contract, law and investment?
  10. O

    Joint Venture - Investor gets all the cash flow

    Who will pay property taxes Costs of Sale Who will do financial management Yes, who will pay for some odd expenses when both Property Manager and Condo Developer refuse and say" Its not covered in their fee?" Yesterday I paid ~$135, with no signed receipt invoice either from the plumber or PM...
  11. O

    Avoiding large utility bill after transfer of ownership?

    Wrt to a new 4 yrs old condo house situated in AB. Why condo fee does't cover plumbing/latrine leak. Property Manager deducted it from rental amount of landlord. Why don't they check with the developer of unit. They are saying toilet paper is not covered. In another messags PM says: The guts...
  12. O

    Is CCA for rental property a good idea?

    [list type=decimal] Is hotel operation will be taken as Business in comparison to rental apartment building? So does that mean a Hotel Business Income is not be deducted with CCA while CCA will be deducted for depreciable apartment building. Will Large Corp incomel be taken as business income...
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