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  1. J

    Renting fully furnished properties

    I would research your condo and see what people are paying for a furnished vs unfurnished apartment. If the difference is not much don`t bother. However if it`s greater then the 8%-10% ROI rule definitely consider it.
  2. J

    claiming legal fees when sale does not go through

    QUOTE (selewis @ Apr 17 2009, 11:42 PM) i have some small legal fees incurred for a private sale that we ended up walking away from in the end. can these fees be claimed in any way? normally i would deduct them from the purchase price of the property for claiming when the property is sold down...
  3. J

    Shire International Real Estate Investments

    QUOTE (Fraser33 @ Aug 13 2008, 12:38 PM) Has anyone heard of this company? I`d like to know if anyone knows of someone who invested with them with good or bad results? I checked out their website and spoke to one of their reps and it just seems too good of an offer. Thank you for any replies...
  4. J

    Flooring

    The best thing to under laminate is a good elevated subfloor such as the Dri-core from Home Depot http://www.homedepot.ca/webapp/wcs/stores/...tk=P_PartNumber or Subfloor from Rona http://rona.ca/shop/~subfloor---delta-fl-p...3;subfloor_shop Both keep the laminate floor dry in case of...
  5. J

    HELP! Where to advertise a commercial space?

    If it`s ideal for a medical professional, I highly suggest you concentrate you ads in the Medical Association, Dental Association etc.. newsletters and or Colleges. New grads especially dentists are always looking for spots to open their office. I agree with the others in posting a big drive...
  6. J

    Condo Reassignment Question

    Hi Tommy, Thanks for the reply and advice. The builder is holding firm on not allow reassignment till next year as they are releasing new units. This is a tough call, because the units are selling about $40-$50K more then what the seller is asking for. I figured it would be great to get it...
  7. J

    Condo Reassignment Question

    Hi everyone, I was wondering what everyone`s opinion is on a possible condo assignment. I have a potential sell, who bought a condo in Toronto. They bought two units but due to change in financial situations can only afford one now. They want to sell at cost for what they bought it for plus...
  8. J

    Is it worth to buy locker and parking for condo purchases?

    Hi guys, Thanks again for all the great comments. I just did some searches and found that the best place to look for parking ads were found in the local craigslist and kijiji ads. The average monthly parking amount people in condos in the Bay and College area were asking for was anywhere from...
  9. J

    Grey Area?

    Personally I wouldn`t deal with these people on any level. First of all with PIPEDA (Personal Information Protection and Electronic Documents Act), there`s no way the banker should be forwarding these people`s information without their consent. Secondly, I agree that there is no way the bank...
  10. J

    Is it worth to buy locker and parking for condo purchases?

    Hi Dejavu, Hey we are going to be neighbours! I`m in the north tower, so will be in the first phase. We lucked out as we bought the unit recently from my agent`s client who needed to sell before possession next year. The parking that is available is from another unit owner who wants to sell...
  11. J

    Is it worth to buy locker and parking for condo purchases?

    Hi everyone, Thanks again for all the great comments. I`m going to try to find out what the going rate is for parking in the area and make my decision after that. Definitely will get the locker. Basically I agree that if you don`t get it now, you won`t be able to get it later. Will update...
  12. J

    Is it worth to buy locker and parking for condo purchases?

    Thanks again guys for the responses. It`s a really tough decision right now, as this is my first real estate investment property:). My investment stragety right now is to concentrate in the downtown core especially along the subway line. My thinking is more and more people are moving downtown...
  13. J

    Is it worth to buy locker and parking for condo purchases?

    Hi guys, Thank you all for your responses. It`s a tough decision right now. The unit that I bought with partners is the Murano condominums on Bay Street just north of College. It is just a stones throw from the subway line and just north from the Toronto Police Headquaters so is generally a...
  14. J

    Is it worth to buy locker and parking for condo purchases?

    Hi everyone, This is my first post as I`m a total newbie in the real estate game. I`ve recently bought a condo unit in Toronto for a long term investment as I would like to rent it out eventually. I`m probably going to get a locker for the unit ($3500), but not really sure about the parking...
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