29
Sep 09
Rental buildings taking the lead in smart sub-metering
Original Posting – The Ontario Condo Law Blog – published by Gardiner Miller Arnold LLP – September 2009
Anyone following the progress of Ontario’s Smart Metering Initiative and wondering how it applies to condominiums should read an August 2009 decision of the Ontario Energy Board (“OEB”) on smart sub-metering in rental buildings.
29
Sep 09
Why invest in apartments?
Lenders would rather lend large amounts of money over smaller amounts. Naturally they want to lend more, because that means they would get a higher commission from it. Buying single family homes, the borrower must qualify for the loan. They look at the borrower first then the property. With apartments it is the opposite. Logically if you own a 25 unit apartment building and the debt service/mortgage is $15,000 a month very few individuals could support that payment on their own. The lenders want to know how much income the property brings in. The property is the business so to speak.
23
Sep 09
Century 21 Canada does battle with Rogers
A legal battle is brewing between one of the country’s largest real estate companies and Rogers Communications Inc., the owner of a new website promoting property listings across Canada.
15
Sep 09
Treat Your Mult-Family Real Estate Like a Business
Multi family real estate ownership is a great business! I only have to draw upon my own experiences to realize this, but I am sure that there are plenty of apartment building real estate investors who would agree.
11
Sep 09
Office Space in Ontario: Lease vs. Buy
Many businesses reach a point in which they are curious as to whether it would be beneficial for them to purchase office space rather than continue to lease office space. While every business is different there are a few common factors that should be taken into consideration when evaluating whether buying office space would be better than continuing to lease office space. We will take a look at some of the pros and cons to purchasing compared to continuing to lease office space…
09
Sep 09
Purchasing Investment and Commercial Property in Ontario
Although many investors who get their start in the single family realm never aspire to bigger and better things for various personal reasons, there are those for whom eventually dealing with larger properties seems like a natural progression for their business practices to take. If you are one of these entrepreneurs, you shouldn’t let a fear of the process of purchasing multifamily and commercial properties hold you back from stepping up to the new challenge when you are ready.
08
Sep 09
Ontario commercial real estate takes hit
Canada’s commercial real estate sector will avoid the devastating collapse it faced in the recession of the early 1990s, thanks to conservative development and financing practices adopted after its last major slump.
08
Sep 09
CMHC predicts rebound in housing
Canada’s national housing agency predicts home construction to make a comeback in the second half of this year and into 2010, however economists say it could be a long time before we see the same building frenzy that has dominated this decade.
04
Sep 09
Should a Landlord Require Tenants to Get Renter’s Insurance?
Rental managers and owners are increasingly requiring that renters carry their own liability insurance.
