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Six Commercial Real Estate Investment Strategies for 2024
Investment strategies for 2024 range from selling overpriced industrial assets to taking a full accounting of the top Commercial Real Estate risks. With the holiday weekend behind us, it is not too soon to look at what will be the top investment strategies for next year. They include: 1. Sell Overpriced Industrial ...
Continue ReadingHow to Interview a Realtor in a Brief 15 Minute Phone Call
How to Interview a Realtor in a Brief 15 Minute Phone Call You’re about to face one of the largest financial transactions of your lifetime. You need to hire a real estate agent and you need them to know their stuff. But who’s got the time to spend hours and hours ...
Continue ReadingCommercial Real Estate Acquisition: 5 Tips for Success
Buying real estate is a costly undertaking, and business owners need to exercise due diligence every step of the way. Without proper planning, entrepreneurs can face a host of problems, including inadequate financing, unexpected construction costs, inefficient layout and environmental lawsuits. Although real estate costs have shot up in recent decades, entrepreneurs are still ...
Continue ReadingMarijuana Grow Houses: What are the Signs?
Most home buyers tend to focus on what they can see: bright, open spaces, attractive finishes and a nicely landscaped yard. But a home’s striking appearance could be concealing the damage of a former marijuana grow op. The signs can be tough to spot. With so much at stake, take advantage ...
Continue ReadingAdvice on Hiring a Realtor® to Sell Your Home
Hiring a Realtor to Sell Your Home: Who Has What it Takes? Hiring a Realtor® to sell your property and not sure where to start? First, congrats on any work you’ve already done to get to this point. Second, don’t take this decision lightly! The truth is, you won’t have trouble finding ...
Continue ReadingYour REALTOR® is Asking Questions Because…it’s the Law
Federal money laundering and anti-terrorist financing rules require real estate agents and brokers to collect personal identification information from buyers and sellers. It is the federal Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) that requires financial institutions and real estate agents, among other professionals and services covered by ...
Continue ReadingHome Maintenance Tips for the Winter Season
Now that fall is officially past, it's time to prepare your home for cold weather. These steps, most of which you can do yourself, will help lower your utility bills and protect your investment. 1 of 16 Tune up your heating system Preventative maintenance is the single most important factor when it comes ...
Continue ReadingTrust in Real Estate Services Act (TRESA 2002) Replaces Real Estate Business Brokers Act (REBBA 2002)
Effective Dec. 1st, 2023 - Significant changes for real estate services in Ontario Trust in Real Estate Services Act, 2020, S.O. 2020, c. 1 - Bill 145 (TRESA, 2020) On March 4, 2020, the Ontario Trust in Real Estate Services Act, 2020 (TRESA) received Royal Assent, amending the Real Estate and Business Brokers Act, 2002 (REBBA). REBBA ...
Continue ReadingHow Are You Going To Get Your Money Out Of The Business ???
And how much money are you going to get? Liquidation One often-overlooked exit strategy is simply to call it quits, close the business doors, and call it a day. (not a great one). If you liquidate, however, any proceeds from the assets must be used to repay creditors. The remainder gets divided ...
Continue ReadingCan I Buy a Property Without a REALTOR® ?
Yes. Just like a Seller can represent themselves, so can a Buyer. In Ontario, REALTORS® usually work with Buyers in one of 2 ways. The most common relationships are “client” and “customer”, but other options may be available in the marketplace. A Buyer’s Representation Agreement acknowledging a Client relationship is an ...
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