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Tag Archives: investment

Real Estate: 10 things you need to know for Buying-Investing

26 Monday Jul 2010

Posted by gtarealtyagent in BANK SALE P.O.S. - TAX SALE, condo assignment investments, Condos, FAMILYLAW & REAL ESTATE, Green Investment, Interest Rates, Leasing/Renting, Let's Talk Investing, POWER OF SALE-FORECLOSURE PROPERTY, Real Estate info & ideas

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Affordable GTA Real Estate for Sale, investment, www.brafirst.ca


Real Estate: 10 things you need to know for Buying-Investing

Buying a home is the largest purchase you’ll likely make. No wonder you’re stressed. Where should you look? Can you afford it? What will happen if interest rates rise? It may all seem daunting, but you can make it more manageable with a little planning. Here are a few things to figure out before you make the leap.

1. Get your financial house in order

Figure out your net worth, which is your assets less your liabilities. Assets are things like cash, investments, savings, cars, boats and so on, while liabilities are things you owe – car loans, amounts on lines of credit, overdrafts, credit cards. Subtracting one from the other tells you what you’re worth. [hotlink to net worth worksheet] Hint: If you get a negative number, you should probably re-think the whole thing.

The bigger the down payment the less interest you will pay in the long run. Well before you start looking for a house or condo, build a budget that will allow you to put some money away each month for that down payment.

2. Talk to a broker or your bank

Choosing a mortgage is like going to an ice cream parlour – there are dozens of choices and different flavors.

It may be time for a mortgage broker or adviser at your bank. A mortgage broker will shop around, much like an insurance broker, to find you the best deal. Your banker will sell you a mortgage offered by the bank. That doesn’t mean you can’t negotiate with your bank. The posted rates are a starting point and you can usually get a better deal. If they won’t negotiate go somewhere else.

Don’t be afraid to ask questions. If you go to a broker, ask how long they’ve been in business, what kind of products they offer and if they have references. Often the best way to find a broker is word of mouth. Ask your friends.
frankly speaking Mortgage brokers have more products and choices, options and can be tailored mortgage for you

3. Terms and rates

The next decisions revolve around how long you want to lock the mortgage in and than will determine the rate of interest you pay. This is called the mortgage term and can be as little as six months or as long as seven years. It locks you in to a set of payments for the length of the term. Shorter terms have lower rates of interest.

Along with this is the amortization period, or the amount of time it will take to pay off your loan. It might run anywhere from say, 15 to 35 years.

The longer your amortization, the more interest you will pay. It may be worth considering a weekly mortgage. The monthly payment is divided by four, but the advantage is that you make four extra payments a year which are applied to principal. It’s a painless way to pay down your mortgage faster.

Once you’ve settled on a rate, term and amortization period, you get a mortgage pre-approved by your lender.

4. Get a real estate lawyer

While your dentist can likely do a fine root canal, an endodonist will likely do a better job. In some cases there won’t be a substantial difference in cost, but it could save you some pain down the road. Similarly, having an experienced real estate lawyer looking over your purchase agreement, checking for outstanding taxes and liens or claims against the property can be a lifesaver down the road.

Line the lawyer up in advance and explain your plan. That way, there’s no surprise when you put in your offer and come back to him with the deal.

5. Have realistic expectations

First time buyers often start with a wish list that may not be realistic given their resources. Starting big is fine, as long as you recognize that along the way you’ll make trade offs between location, size of house and features.

First, assess your lifestyle . If you are single, enjoy walking to Starbucks for a latte and hate cutting grass, then a detached home in the suburbs is likely not for you.

Make a list of the things you want. Do you need a two car garage? Space for a home office? Are you going to have children? Is it a good location? Don’t look at the house in isolation. Make sure the neighborhood, schools and surrounding amenities and services fits your needs.

Now start looking around. Use the internet, newspapers, and real estate magazines to get up to speed. Go to open houses to get a sense of what’s available at what price. Knowledge is power. A good place to start is with your local Multiple Listing Service site. or
Visit
http://www.howrealtorshelp.ca/
http://www.vijaygandhi.com/BUYING/page_2228232.html
http://www.vijaygandhi.com/SELLING/page_2228233.html 

_____________________________________________________________________________
You can find the Residential/Commercial/multiplexes/investment listings on webs sites as under

www.vijaygandhi.com
www.icxforsale.com

Learn more:
The next Bank of Canada interest rate meeting is September 8.
_____________________________________________________________________
 6. Stick to your plan

Understand what your spending limit is and don’t go over it. A pool might be nice, but it is not a necessity. Buying a home is ultimately a compromise of needs versus wants.

Try not to get emotional. In a hot market, bidding wars can be tough on buyers. But you could end up with a whole pile of buyer’s remorse if you think you overpaid.

Or what may look like a lemon. Homes that are in disrepair or need fixing up can usually be purchased for less. Don’t be hung up on the wallpaper, or the fact that the kitchen isn’t pristine.

Use a little imagination. Yes, it’s going to take work, but the savings could be worth it. Because when life gives you lemons, a slap of paint and a trip to the hardware store will Increase housing value like you wouldn’t believe.

7. Buyer agency agreement

Make sure that your agent represents you. A buyer agency agreement helps to reduce conflict of interest since the brokerage represents you exclusively. The seller’s agent represents the vendor.

A buyer’s agent for example, will tell you why you shouldn’t be buying a particular home. Make sure that the guy or gal on your team is batting only for you.

8. Get a home inspection

You wouldn’t buy a used car without checking under the hood, so why buy a house without a home inspection?

A home inspector will check for structural and electrical defects, roofing and foundation problems. This can come back to haunt you later. It also gives you some negotiation room when you put in your offer.

In hot markets, sellers may press to have the inspection waived. Don’t give in and get swept away in the heat of the moment. Walk away.

At the end of the day, it boils down to your risk profile. I have a friend who sometimes drives without a seatbelt. My cousin meanwhile, loves the fact they have somehow managed to invent car airbags for her knees. My theory is it’s better to have somewhere soft to land.

9. Don’t be afraid of being a landlord

One way to pay your mortgage off faster is to have someone help you. Buying a duplex or triplex is not a bad way to go, particularly in urban areas where prices have been bid up. Renting out the basement in a single detached home or a spare room is also a smart idea if you’re not using the space. And the extra money in your pocket may mean that you can afford a nicer home in a better neighborhood.

10. Maybe you should rent

Just because all your friends have put money down on a new condo doesn’t mean that you have to follow suit. Depending on your circumstances, it might make more sense to rent than buying a home. A rent versus buy calculator can help you figure it out http://www.ic.gc.ca/eic/site/oca-bc.nsf/eng/ca01821.html

Taxes, maintenance and utilities can add up. A low interest rate environment can tip the rent verses buy equation into the buy side, while higher interest rates, which make buying less affordable, can make it more favorable to rent.

In many cases, it is much cheaper to rent than it is to buy. Most studies show however, that in the very long term, it is better to buy. However, if you tend to move a lot, don’t like to deal with maintenance issues, and want to free up some money for other things, then renting might be the best lifestyle choice

This information is provided for the best interest in mind for the clients and customers to better understand the whole real estate transaction and realtor’s role

(The comments contained on this site are for information purposes only and do not constitute legal advice.)  *Charlie is fictional character

If you have any questions/suggestion or require more information, please do not hesitate to contact me for buying or selling and also I will be happy to assist you negotiating your investment needs.

You can find the multiplexes/investment listings on webs sites as under

www.vijaygandhi.com

www.icxforsale.com

Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338 (Direct-Leave message or text)
P: 416.335.4335 | 905.471-0002 (page me-Have me)
F: 905.471.7441
E: vtgandhi@yahoo.com , vgandhi@remax.net
W:  www.vijaygandhi.com , www.gtarealtyagent.com , www.icxforsale.com 

Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!

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6 Ways that Real Estate Investment Property Returns Profits

26 Saturday Jun 2010

Posted by gtarealtyagent in BANK SALE P.O.S. - TAX SALE, Business, condo assignment investments, Condos, current real estate affaiirs, Development, FSBO, Interest Rates, International, Leasing/Renting, Let's Talk Investing, Mortgage, Multiplex-Multi Residetial Investment, New Development/Week, POWER OF SALE-FORECLOSURE PROPERTY, Real Estate info & ideas

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investment, reit, roi, ror


6 Ways that Real Estate Investment Property Returns Profits

When you purchase a company’s stock certificates, you’re looking for appreciation in the stock value, and perhaps dividend income if it is paid by the company. With bonds, you’re looking for income yield on the interest rate paid by the bonds. With a real estate investment property, there are more ways in which to realize a superior return on your investment. Learn the ways in which your real estate investment can increase in value, as well as provide good cash flow.

1. Cash Flow from Rental Income

As with a stock that pays dividends, a properly selected and managed rental property will provide a steady stream of income in the form of rental payments. Historically, this percentage of return has exceeded that of dividend yields on average.

The real estate investor has a bit more control over the risks to that cash flow also. Though there are downturns in real estate prices and homes sold in some years and areas, generally those renting property in which to live will continue to rent and without a corresponding decrease in rent amounts.
 

2. Increases in Value Due to Appreciation

Historically, real estate has shown to be an excellent source profit through the increase in investment property value over time. Of course, one cannot predict that this trend will always be true, and it varies significantly by area.

3. Improving Your Investment Property – More Value at Sale

While it’s providing rental income cash flow, your property can also be improved in order to garner a better price and more profit when you do choose to liquidate it as an investment.

Upgrades to the appearance and functionality of a real estate investment property can significantly increase value. As trends and styles change, keeping the property interesting to renters will at the very least help you to retain value.

You can find the multiplexes/investment listings on webs sites as under

www.vijaygandhi.com

4. Inflation is Your Friend when it comes to Rent

Though your fixed mortgage will remain constant over time, inflation that drives up home construction costs will also drive up rents. Population growth creates housing demand, again driving up rent prices if supply cannot keep pace.

5. Paying Off Your Mortgage

As you pay down your mortgage, the increase in equity can be used for other purposes and investments. Though it’s frequently accessed by selling the property, a real estate investor can also take out equity loans if the terms are right and use those funds for more investing or other purposes.

6. You Could Just Find that “Steal of a Deal”

This is the last item, though it’s one of the first ones many investors think about. There are opportunities to buy below market, but the other advantages above will probably be what the average investor experiences most of the time.

Should you be fortunate enough and have the experience to locate a value-priced property, this is an immediate way to increase your net worth and the value of your investment portfolio

 (The comments contained on this site are for information purposes only and do not constitute legal advice.)

If you have any questions/suggestion or require more information, please do not hesitate to contact me for buying or selling and also I will be happy to assist you negotiating your investment needs.

You can find the multiplexes/investment listings on webs sites as under

www.vijaygandhi.com

Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338 (Direct-Leave message or text)
P: 416.335.4335 | 905.471-0002 (page me-Have me)
F: 905.471.7441
E: vtgandhi@yahoo.com , vgandhi@remax.net
W:  www.vijaygandhi.com , www.gtarealtyagent.com

Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!

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The Pros and Cons of Buying Multifamily Property:Part-3

26 Saturday Jun 2010

Posted by gtarealtyagent in BANK SALE P.O.S. - TAX SALE, current real estate affaiirs, Interest Rates, Leasing/Renting, Let's Talk Investing, Multiplex-Multi Residetial Investment, POWER OF SALE-FORECLOSURE PROPERTY

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con, investment, pro


Multiplexes-Get Started in Real Estate Investing & Make Fortune. Part-3


(
The Pros and Cons of Buying Multifamily Property)

The Pros and Cons of Buying Multifamily Property

The advantage of buying multifamily property (like any income property ownership) is real estate investors can grow wealthy in the long run. Simply by holding onto the property and letting “other peoples money” payoff the debt, even if there is no immediate cash flow, is what drives people into real estate investing. Moreover, multifamily properties serve a basic need, which limits the downside risk in that they provide shelters to those who cannot afford or who do not choose to buy real estate.

The downside to owning multifamily property mostly concerns the management problems associated in dealing with tenants–apartments can be management intensive, though there is a way to minimize this disadvantage. When you purchase multifamily property you can hire the services of a professional property management company to deal with the day-to-day issues of running the property. So you do have options.
 
More details in next post to follows about multiplexes– part4 (The comments contained on this site are for information purposes only and do not constitute legal advice.)

If you have any questions/suggestion or require more information, please do not hesitate to contact me for buying or selling and also  I will be happy to assist you negotiating your investment needs.You can find the multiplexes listings on webs sites as under

www.vijaygandhi.com 

 

Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338 (Direct-Leave message or text)
P: 416.335.4335 | 905.471-0002 (page me-Have me)
F: 905.471.7441
E: vtgandhi@yahoo.com , vgandhi@remax.net
W:  www.vijaygandhi.com , www.gtarealtyagent.com

Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!

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Multiplexes-Get Started in Real Estate Investing & Make Fortune. Part-2

26 Saturday Jun 2010

Posted by gtarealtyagent in BANK SALE P.O.S. - TAX SALE, condo assignment investments, Condos, current real estate affaiirs, Development, FSBO, Interest Rates, Leasing/Renting, Let's Talk Investing, Mortgage, Multiplex-Multi Residetial Investment, POWER OF SALE-FORECLOSURE PROPERTY, Real Estate info & ideas

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bank, canada, Economic Conversion, elements, Financing, investment, mls, multifamily property, policy, stock, Survey, treb


Multiplexes-Get Started in Real Estate Investing & Make Fortune. Part-2

(Three elements crucial to buying multifamily property)

There are many ways to get started in real estate investing.
 Okay, let’s look at three elements crucial to buying multifamily property and then consider the pros and cons of multifamily property ownership.

1) Obtain Sound Financing

Establishing a sound financing package on the property is paramount to buying any rental property–you want to obtain a loan that doesn’t place excessive burdens on the property or yourself.

Because lenders evaluate rental property based on income stream, and generally structure a loan based on the property’s financial strength as well as the investor’s, always bear in mind the role that “using other people’s money” plays in financing the investment. Therefore, when applying for a loan on multifamily property be sure to present lenders with clear and concise cash flow reports. When the property is represented fairly to the lender and the income and expenses are shown to be accurate, the investor is more apt to obtain a favorable financing package.

You can find the multiplexes listings on webs sites as under www.vijaygandhi.com

2) Conduct a Rent Survey

The cornerstone of any multifamily property is the tenants and the rents they will pay to occupy a unit in the apartment complex. It is incumbent upon real estate investors, therefore, to understand local rental market trends for vacancies and rental rates when buying multifamily property.

Luckily, rental market trends are easy for multifamily property investors to recognize. Just watch the newspaper or drive around the community noting all rental properties that have vacancies. If you see few “for rent” ads or signs, or surmise that rents are increasing, it probably signals a shortage of rental units, and a favorable opportunity for you; and vice versa.

When vacancy rates decrease, for instance, property owners can be more selective about the type of tenant they rent to and establish a positive direction for the complex; perhaps even increase rents. On the other hand, when tenants become scarce, owners might have to become less selective about tenants and perhaps lower the rents just to fill the units.

You can find the multiplexes listings on webs sites as under www.vijaygandhi.com

3) Consider Economic Conversion

In cases where the former property owners have let the property run down and rents had to be decreased to keep the units filled, an opportunity to upgrade the building and raise rents might be in order. If these rental properties are in a good area of town or in an area that is returning to a former higher quality, then the remodeling of a rundown apartment complex can be a profitable venture.

Just be careful to ascertain the cost for remodeling and what impact it will have on rental income. Pure “window dressing” for the sake of appearances only, unless it has a positive influence on occupancy levels or rents, is typically avoided by prudent real estate investors. Moreover, get a qualified contractor to give you a bid on remodeling. Otherwise, what you surmised as surface issues when you were buying the multifamily property could in fact be a costly can of worms

More details in next post to follows– part3

part3:The Pros and Cons of Buying Multifamily Property

 (The comments contained on this site are for information purposes only and do not constitute legal advice.)

If you have any questions/suggestion or require more information, please do not hesitate to contact me for buying or selling and also  I will be happy to assist you negotiating your investment needs.

You can find the multiplexes listings on webs sites as under

www.vijaygandhi.com

Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338 (Direct-Leave message or text)
P: 416.335.4335 | 905.471-0002 (page me-Have me)
F: 905.471.7441
E: vtgandhi@yahoo.com , vgandhi@remax.net
W:  www.vijaygandhi.com , www.gtarealtyagent.com

Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!

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Multiplexes-Get Started in Real Estate Investing & Make Fortune. Part-1

26 Saturday Jun 2010

Posted by gtarealtyagent in BANK SALE P.O.S. - TAX SALE, Business, condo assignment investments, Condos, current real estate affaiirs, FSBO, Let's Talk Investing, Multiplex-Multi Residetial Investment, POWER OF SALE-FORECLOSURE PROPERTY, Real Estate info & ideas

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bank, investment, mls, pos, reit, remax


Multiplexes-Get Started in Real Estate Investing & Make Fortune. Part-1

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(Multifamily and Multiplexes info.)

There are many ways to get started in real estate investing. For the beginner, a good strategy might be to purchase a multi family unit to rent out. Four families or less per building is the ideal size to look for. This will allow you to still acquire a building with a residential mortgage, taking advantage of the lower interest rates. Here are some great reasons why investing in a multi family building can be less risky than other types of housing.

First is competition. There are going to be more investors going after those single family houses. This can drive the price of those houses up to a point where they will not cash flow for you. Do not depend on appreciation to create cash flow. You need your properties to be cash flow positive right out of the gate. If you are considering being a landlord, you might as well purchase a unit that has more than one tenant option.

Then there is the fact that you have more than one unit to rent out. If you purchase a single family house and the tenant skips town, you have to cover the entire mortgage payment until you get it re-rented. With a multi family, it would be highly unlikely that all of your units would be unoccupied all at once, giving you a bit of a cushion. If you have a four unit building, having one tenant gone may not even put you in negative cash flow! This could make all the difference in the world for your yearly profit.

You can find the multiplexes listings on webs sites as under www.vijaygandhi.com

Multi family units bring you more money per month. Depending on your market, duplex or triplex properties can be around the same price as a single family house. However, you can get more rent from 2 units than a single unit. So, you will be getting more money per month for approximately the same mortgage payment. Which means more positive cash flow – the most important aspect of real estate investing?

Repair costs per unit average out to be less. If you have 3 single family homes and need to replace the roof on each one, which is a lot of money per unit. However, if you have a triplex that needs a new roof, you are in effect replacing 3 roofs in one, making the cost per unit decrease. Same thing goes for maintenance; it’s less travel time to go from unit to unit, maximizing labor costs.

As you grow your real estate portfolio, the increased cash flow given to you from your multi family units will allow you to be able to afford a property management company if you want. This will free up your time to find other deals, or do whatever you want!

So, don’t get stuck in the mindset that real estate investing only involves single family homes. Smart investors will have a portfolio that includes a mix of single and multi family properties. Just work the numbers and you may find multi family investing to be profitable for you!

More details in next post to follows– part2

Part2: Three elements crucial to buying multifamily property
Part 3: The Pros and Cons of Buying Multifamily Property

 (The comments contained on this site are for information purposes only and do not constitute legal advice.)

If you have any questions/suggestion or require more information, please do not hesitate to contact me and I will be happy to assist you.
You can find the multiplexes listings on webs sites as under

www.vijaygandhi.com

Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338 (Direct-Leave message or text)
P: 416.335.4335 | 905.471-0002 (page me-Have me)
F: 905.471.7441
E: vtgandhi@yahoo.com , vgandhi@remax.net
W:  www.vijaygandhi.com , www.gtarealtyagent.com

Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!

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Multiplexes-Get Started in Real Estate Investing & Make Fortune : Introduction

26 Saturday Jun 2010

Posted by gtarealtyagent in BANK SALE P.O.S. - TAX SALE, Business, condo assignment investments, Condos, current real estate affaiirs, FSBO, Let's Talk Investing, Multiplex-Multi Residetial Investment, Opinion, POWER OF SALE-FORECLOSURE PROPERTY, Real Estate info & ideas

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investment, multi residential, multiplex


Multiplexes-Get Started in Real Estate Investing & Make Fortune : Introduction

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(Buying Multifamily Property- Understand the Concept in Investment)

Many first time home buyers wonder if they should consider purchasing a multi-family property to help defray the cost of home ownership. Rental income tempts many buyers to start out with a multi-family home that can be retained as an investment property in future years.

A multi-family property is defined as a two, three or four unit property. Properties with five or more units are considered commercial properties, and as such require commercial mortgages. Single family homes with in-law apartments usually are not considered two family properties, but may be depending on the size of the unit in relation to the entire home.

Before jumping into a multi-family property, a home buyer must consider both the financial and lifestyle ramifications. Many inexperienced home buyers think that being a landlord means depositing a rent check. When a buyer becomes a landlord, he or she essentially takes over a small business. The asset of the business is the property, and the tenants are the customers. The landlord must maintain the physical asset, provide customer service to tenants and hopefully earn a profit on the operations.

Most multi-family home buyers make two financial mistakes when planning for a purchase. The first is to assign the maximum possible market rent as the rent that they will receive from their tenants. There is a direct correlation between rent prices in relation to competing apartments and the amount of turnover among tenants. In other words, the higher the rent, the more likely that a tenant will move within a short period of time. This is due to the basic laws of supply and demand: tenant consumers will constantly seek out the best value for the lowest price. In addition, the higher the rent, the more incentive a tenant has to attempt to purchase their own home. Landlords should consider pricing their rentals competitively to reduce turnover, marketing expense and time taken to rent units.

Potential landlords also fail to make adequate provisions for rent losses due to vacancies and repair expenses on the rental units. If an apartment normally rents for $1,000 per month, most buyers will simply figure their monthly payment and subtract the $1,000. No apartment anywhere has ever stayed 100% rented forever. Even the normal process of tenant turnover will often cause the loss of one month’s rent. Prudent landlords should budget at least one month of vacancy per year in good rental markets, and two to three months of vacancy per year in softer markets. This means that in a good market, the property in the example above would generate $917 per month on average instead of the ideal $1,000.

Repair expenses are also vastly underestimated. If a new landlord is able to make most simple repairs, then costs should be limited to materials only. A landlord who must hire out all repair work however, will quickly find bills mounting. Holiday weekend midnight calls to plumbers for broken pipes can inflict major casualties on a property’s cash flow. Landlords must set aside a portion of rent revenues each month to prepare for these expenses.

Tenant relations are another vital function of property management, especially when the tenant is directly above or below the landlord. Issues such as noise, parking and garbage are hard enough for one family to manage, but the landlord must help between two and four families manage these issues without driving each other crazy. Landlords can issue rules to tenants, but there is little recourse against non-compliant tenants except eviction.

Owners of multi-families must also understand that their property will take longer to sell and will probably not appreciate in value as fast as a single family property. Multi-families suffer faster physical deterioration due to tenant wear and tear that is much heavier than owner-occupied dwellings. Moreover, less than five percent of the general home buying public actually purchase multi-family properties as their primary residence.

Multi-family homes have often had additional apartment units created without proper zoning approvals. For example, many landlords convert the large attic of a two-family into a small studio or one-bedroom apartment. Owners avoid obtaining approvals either because zoning would not allow the change or because they fear higher tax assessments with an additional income unit.

No buyer should attempt to purchase a property that does not have proper zoning approvals, building code compliance and certificate of occupancies. Lenders will not permit a buyer to obtain a mortgage that is missing any of these vital elements. More importantly, insurance companies will deny any claim by a property owner for a loss on a property that did not have all approvals in place. The last problem a new owner wants is to have town officials knocking on your door the day after you move telling you that you are going to be fined for a zoning or building code violation.

Finally, multi-families are treated differently by the CRA for federal income tax purposes than a single family home. Specifically, the home mortgage deduction is only available for the portion of your home that is used as your residence. A home owner who lives on the first floor of a three family home may only deduct one third of the mortgage interest for the property.

While many parts of being a landlord can be overwhelming, owning an income producing property can be an excellent long-term project if managed properly.

More details in next post to follows about multiplexes– part5

 (The comments contained on this site are for information purposes only and do not constitute legal advice.)

If you have any questions/suggestion or require more information, please do not hesitate to contact me for buying or selling and also  I will be happy to assist you negotiating your investment needs.

You can find the multiplexes listings on webs sites as under

www.vijaygandhi.com

Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338 (Direct-Leave message or text)
P: 416.335.4335 | 905.471-0002 (page me-Have me)
F: 905.471.7441
E: vtgandhi@yahoo.com , vgandhi@remax.net
W:  www.vijaygandhi.com , www.gtarealtyagent.com

Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!

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