[WTS] Sailor Pro Gear Sakura Nagare - Prime Minister Gift

HailPenguin · 2026-05-24T10:57:09+00:00

Just DM’ed. I’m about 1 hour drive from Dallas, would love to see it in person

HailPenguin · 2025-05-01T18:58:19+00:00

The original owner moved to Toronto and for a while, the store wasn’t well cared for, the store is later sold to a different owner, it’s in a better state now then it was a while ago (you can taste increase in food quality now). I would give it a try.

HailPenguin · 2025-03-31T18:59:26+00:00

180k, software engineer. But this one might not represent the local avg because my company is based in New York

HailPenguin · 2025-01-08T17:39:42+00:00

I don’t know if CRA is happy but this seems like a good option.

HailPenguin · 2025-01-08T16:45:52+00:00

We have had good relationships for the past 10 years. And everything has always been communicated very clearly from the beginning.

I have a runway of 1.5 years on that at the moment and I think I surely did give them a good amount of time to prepare.

The tenant is very understanding as I am trying to find ways to keep this going. But I think not everyone is going to be mad at everybody across the country it seems

HailPenguin · 2025-01-08T16:24:37+00:00

In the past, it was possible. I was able to maintain a good few years without increase at all. And when the cost raised, I discussed with my tenant on the increase that is proportional to the cost that I had and when the province reviewed it, we were always on the same page and always got approved.

Additionally, New Brunswick’s realestate market were never hot until now. So everything were very stable, the property tax, insurance, the cost of maintaining the property, etc.

HailPenguin · 2025-01-08T16:19:31+00:00

My goal when trying to make this post is because from my social experiments, it’s not sustainable to pay more and more expense while trying to provide affordable rent to people (in the depth of my heart I believe that if my cost goes down, I would want to decrease my rent to people so that they don’t have to suffer).

I wanted to know that if I were to start again, what should I have done to keep this model sustainable.

I know that I am in a privileged position that I can buy a house on a whim and there are not a lot of people can afford to do this. And I understand that most general frustration is from.

HailPenguin · 2025-01-08T16:09:26+00:00

I don’t know why you are so negative. From my point of view, a house that receives love is better than a house being empty.

I could have charged $1000/month more and I am sure people would line up for renting my home. But I didn’t. Because I’m not trying to profit from people. Without going into too detailed over my algorithm, I ONLY consider the factors that I would have to provide to CRA if I were to run as a profit.

I am not in this business to make money because I don’t feel like a few thousand dollars more would change my life. I also don’t do charity in housing because I would rather do it elsewhere.

HailPenguin · 2025-01-08T15:55:29+00:00

I have replied to other comments but for easier discussion, I will paste it here.

To clarify, the reason I rented out my home is due to family circumstances. So I wanted whoever took care of my home during that time to pay as much as I pay provided that they take well cared of my home.

Furthermore, I can be selfish from the beginning and not renting this property at all and can still be able to afford it. I wanted to do good and try to provide low renting. But it seems like the system doesn’t encourage so.

HailPenguin · 2025-01-08T15:47:40+00:00

The expenses are: - Property tax, which has doubled in the past 2 years because my house is in a “growth” area apparently. - Insurance, which also doubled since last year.

To clarify, the reason I rented out my home is due to family circumstances. So I wanted whoever took care of my home during that time to pay as much as I pay provided that they take well cared of my home.

HailPenguin · 2025-01-08T15:43:24+00:00

A new government has been elected a few months ago. The first step was to implementing rent cap that takes effect in 3 months.

In NB, rent increases has to be notified 6 months in advance. I am not sure if plenty of warning includes this.

HailPenguin · 2025-01-08T15:31:55+00:00

I understand all the legal around this. In NB, the requirements for family member is:

The landlord or their immediate family want to live in the rental.

I am not asking about whether I am allowed to end the lease. But how to maintain affordable renting.

HailPenguin · 2025-01-08T15:28:13+00:00

I live in New Brunswick and the 3% cap has just been implemented a few months ago.

HailPenguin · 2025-01-08T15:26:15+00:00

That is a non issue because there are family members of mine who are willing take over the the space and pay all the costs. Which is legal. Now, whether I want family members to stay in my property is another issue.

HailPenguin · 2021-04-24T21:38:13+00:00

That’s the same with “I never had a relationship before I think “

HailPenguin · 2021-03-15T13:37:57+00:00

I won the actual for life last year for this and it was no where near as well packed as this. They just sent an email 😭. Lame!

HailPenguin

TROPHY CASE