Anatomy Of An Investment Property

31 03 2009

I drove over to my friend Ryan’s place the other day, and I saw a “FOR SALE” sign on the lawn of the Four-Plex where he’s been renting for the last three years.

The sign didn’t look out of place, since this will be the third time the property has turned over in the last three years!

Every investor seems to have the same mentality: “I think I can make this property work!”

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Patio Work!

30 03 2009

“I live in a condo because it comes with zero maintenance, unlike the upkeep on a house!”

Well, some of us can’t make the same claim.

Especially when you have a massive patio that you’ve turned into a forest.  Spring is here, so it’s time to roll up my sleeves…

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My Day, In Point Form…

27 03 2009

I wonder what the world would be like if Twitter took over…

It’s Friday, so let’s have a little fun!

Here is my day if it were in point form, sentance fragments like on Twitter…

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Should I Join Twitter?

26 03 2009

Tweet me, please.

I need to be tweeted.  Because I am a……um……twit?

Sorry, I’m not familiar with the twerminology.  But at the risk of L-O-L’ing at your office chair, watch the video I’ve posted below…

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Blood In The Water?

25 03 2009

Sharks are circling around many properties in Toronto right now, as buyers look for deals and try to sense weakness.

They say that sharks can smell blood in the water.

I didn’t know sharks had noses…

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MLS As A Hobby

24 03 2009

Some people enjoy gardening in their leisure time, while others belong to photography clubs or like bird-watching.

In my business, I’m fascinated by the people who enjoy “MLS’ing” as a hobby.

I’m also fascinated with the guy in this photo below…

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How Many Condos Will Never Be Built?

23 03 2009

At what point will the sales-centres outnumber the actual number of holes being dug in the ground?

I feel that people need a general education on how condos come to be constructed, and how many of them incur problems and slowdowns along the way.

If you currently have a deposit down on a Toronto condominium, be prepared to wait…..and wait…

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Clueless!

20 03 2009

No, I don’t mean the movie with Alicia Silverstone which was destined to become a “cult classic,” but instead gave us a short-lived TV spin-off…

I’m talking about the owner and the agent for a house in Cabbagetown which was for sale last week and caused a huge stir in the industry.

The crazy part is, they didn’t think they were doing anything wrong!

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“Must Assume Tenant”

19 03 2009

Those three words can literally quash any hope a seller had of bringing an interested buyer to the table.

In this market, or any market for that matter, a seller has to make his or her property as attractive as possible.

But forcing the buyer to assume a tenant?  Why not just tell them your in-laws are moving in too…

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St. Patrick’s Day….

18 03 2009

….is every alcoholic’s excuse for his actions.

For those of you who often say, “He has a real estate blog, and sometimes he doesn’t even write about real estate,” you might want to skip this post.

It’s my party, and I’ll cry if I want to…

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