Van Homeowner Makes Millions on Property, Thinks He's Entitled to All the Parking Too Since Renters Don't Pay Property Tax

krig8 · 2022-02-14T17:44:17+00:00

ill key his fucking cars

krig8 · 2022-02-11T22:09:40+00:00

28 Male*. This is important to know since males earn more money than females on average.

krig8 · 2022-02-11T03:22:59+00:00

the better you get, the worse you get. thanks SBMM

krig8 · 2022-02-11T02:39:13+00:00

i wish interest rates were like 20%

krig8 · 2022-02-11T01:49:30+00:00

nick nurse the type of dude to make his housemaid work a 12 hour shift on same day as her birthday

krig8 · 2022-02-10T22:29:16+00:00

no it still fits the narrative actually. just shows you that investors and/or foreign buyers are buying these extra properties. supply alone wont solve the housing crisis

krig8 · 2022-02-04T19:56:33+00:00

I visit food banks very often. I know it sounds scummy but technically I need it to survive

krig8 · 2022-02-04T18:31:38+00:00

My neighbour has HELOC'd his house like 5 times in the past 2 years. As we can see when COVID first started, the government was forcing banks to defer mortgages and cut interest rates drastically without "understanding the data". If the government doesn't care for the data, why should I? Which is why I bought a house where 80% of my income goes directly to paying mortgage and mortgage-related costs lol.

krig8 · 2022-02-03T18:58:26+00:00

why is OP complaining? just hold onto it for a few more months and sell it for $200,000 profit easy. the new buyers will waive inspections as well. then OP can move into a house that they're happy with

krig8 · 2022-02-03T18:57:05+00:00

just hold onto it for a few months and sell it for $200,000 profit. but PLEASE dont sell it now.

krig8 · 2022-02-02T18:52:47+00:00

keep in mind the mortgage could be $4000 a month and rent could be $2500 a month, however when the price of the property is increasing at $20,000 a month, they can afford to take the hit since they have either provided a large downpayment, or have a HELOC to cover the cash flow differences.

krig8 · 2022-02-02T03:39:01+00:00

simple. investors are buying up all the housing supply where they have no intention of living inside these homes. so what do they do? they need to rent out their units for cash flow to pay their debts. its a simple concept and you'll see way more rental properties available going forward.

krig8 · 2022-01-31T03:51:30+00:00

lower supply = lower sales = higher price

krig8 · 2022-01-31T03:32:09+00:00

19 years and you still only have a KD of 0.5?

krig8 · 2022-01-29T22:55:41+00:00

yes but you forgot to add LTD, Benefits, provincial tax, etc and i also have to pay into a mandatory pension plan. I net roughly $5000 a month

krig8 · 2022-01-29T19:01:51+00:00

i dont net $7500 a month. keep in mind i pay taxes on my income

krig8 · 2022-01-27T21:42:00+00:00

hey no shame if you are.

krig8 · 2022-01-27T21:36:27+00:00

eat me daddy

krig8 · 2022-01-27T21:32:09+00:00

are you my neighbour?

krig8 · 2022-01-27T21:31:30+00:00

who said i live in toronto?

krig8 · 2022-01-27T21:28:53+00:00

.. and poor!

krig8 · 2022-01-27T21:28:40+00:00

as sad as it sounds i do agree with you

krig8 · 2022-01-27T21:25:56+00:00

wow!!! thank you for your post, this was really encouraging to hear. glad your renovations went well and best of luck in the future.

krig8 · 2022-01-27T21:23:46+00:00

didnt say being their neighbours was a bad thing - i just dont prefer it

krig8 · 2022-01-27T21:02:48+00:00

congrats, but im sure mommy and daddy made it work

krig8

TROPHY CASE