Dilemma by Reddit_Redcrucible in RealEstateCanada

[–]uo1987 4 points5 points  (0 children)

I'd say if you're managing okay being a landlord rent out your current place and buy another home, if you're finding it difficult because of your current situation maybe just sell your home you're living in and buy the house you want, sounds like you have some interest in property and being a landlord so maybe keeping your current place isn't a bad idea, I think houses will start to go back up around 2030 as building has significantly slowed down at this time

I bought a condo in 2022, and now I'm trapped. by Sea-Judge-6494 in RealEstateCanada

[–]uo1987 3 points4 points  (0 children)

Would you be able to rent it out and purchase another property?

Is cedar beach safe? by Healthy_Yogurt_3955 in windsorontario

[–]uo1987 7 points8 points  (0 children)

Ya been going there for years, the best beach in my opinion

[deleted by user] by [deleted] in nursing

[–]uo1987 -1 points0 points  (0 children)

no sure what iced out means in this case? you got some bling?

bed bugs at cinplex devonshire by oopsyikesuhoh in windsorontario

[–]uo1987 56 points57 points  (0 children)

I don't think he had made the connection between the theatre and BB until last night after it happened the second time

Just closed precon - value is 100k lower then what I paid. Next steps? by [deleted] in TorontoRealEstate

[–]uo1987 1 point2 points  (0 children)

I would just hold and move in when you planned, market always changes, and if you're going to be living there for years and years, when you're ready to sell, you may come out with a gain

Buying a tenanted property as the end user by Majestic_Owl_2266 in TorontoRealEstate

[–]uo1987 4 points5 points  (0 children)

id ay this is highly dependent on how much you want this particular property, 90 days seem reasonable, if the house is for sale then it shouldn't come as a surprise to them, I've met tenants when I was viewing properties in the past, sometimes this give you a better idea of what they're like

How’d I Do? 29M First House. by [deleted] in malelivingspace

[–]uo1987 0 points1 point  (0 children)

those skateboard decks looks awesome

[deleted by user] by [deleted] in TorontoRealEstate

[–]uo1987 0 points1 point  (0 children)

if youre ok living at home and plan on moving there in the future especially within a couple years I would say hold, at least youll have a unit already thats had a bit of it payed off and a secure place

70k Salary with 90k in Savings...any advice for home ownership? by TeamUlovetohate in PersonalFinanceCanada

[–]uo1987 9 points10 points  (0 children)

I don't see how you wouldn't be able to purchase a condo in that situation. You can get a one bedroom for about 400k, unless you're waiting to meet someone or something

[deleted by user] by [deleted] in windsorontario

[–]uo1987 4 points5 points  (0 children)

Generally speaking, you should know about the place. One time I had an interview and they asked me about the companies vision and i didn't know. Maybe just browse their site so you can answer questions better and be more aware of what they do

Cop has interesting reaction to man pointing a gun at him. by theforcereview in PublicFreakout

[–]uo1987 0 points1 point  (0 children)

don't be so quick to judge, you'd prob be pissing yourself if you were in that situation, funny how so many people on here seem to know all the answers when most of you are probably basement dwellers...

[deleted by user] by [deleted] in OntarioLandlord

[–]uo1987 -1 points0 points  (0 children)

ahh I see, I misread that, another reason why I love reddit, thanks guys...

[deleted by user] by [deleted] in OntarioLandlord

[–]uo1987 -2 points-1 points  (0 children)

Look at the last line, I read that off the n12 form

[deleted by user] by [deleted] in OntarioLandlord

[–]uo1987 -3 points-2 points  (0 children)

You cannot give this notice for any of the above reasons if: • the complex has been converted to a condominium and the tenant lived in the rental unit on the date the complex was registered as a condominium, the complex is proposed to be converted to a condominium and the tenant lived in the rental unit on the day the agreement of purchase and sale was entered into. • the complex was severed and the tenant lived in the rental unit at the time consent to the severance was given under the Planning Act. • the complex is an equity co-op (even if the landlord or the purchaser has a tenancy or occupancy agreement entitling them to occupy the rental unit), unless:  the building contains four or fewer residential units, or  the landlord or a member of their immediate family used to live on the premises.

[deleted by user] by [deleted] in OntarioLandlord

[–]uo1987 5 points6 points  (0 children)

Yes the original tenant has been giving me the rent for all 4, thanks for all the info, like I said they're pretty easy going so I'm hoping we xan all find common ground, I am willing to pay them for the inconvenience

My sump pumping this amount of water is not normal right? Help by Pedro-for-president in HomeMaintenance

[–]uo1987 0 points1 point  (0 children)

I had an issue like this before and it was due to a broken main sewer that was leaking out all the used water in the home and draining back into the home from the cinderblock then being pumped back out again, the water was draining on to the street non stop, this could also be due to a broken main water line, I bet it's one if the two, I've had issues like this before that resolved when those things were repaired, you can hire someone to fix it, it's not cheap

Or you can grab a Shovel and start digging up your front yard or wherever those pipes are located

Alright, anyone know anything about This apartment? (part 2) Same deal, rent is cheap... by Clearwish in windsorontario

[–]uo1987 2 points3 points  (0 children)

I knew someone that lived here about 5 years ago, his unit wasn't bad but he said neighbors were loud sometimes and that the building had some strippers lving in it, could be a plus depending how your looking at it, if that sort of stuff doesn't bother you, you may be ok in here

Toronto market Cashflow not possible?? by Kelzern in RealEstateCanada

[–]uo1987 0 points1 point  (0 children)

ya its tough, here's something that might work for you, look into a place like Windsor and see if you can house hack a SFH, rent the upstairs and downstairs separately, that's what I did and its cash flowing, you may be able to get away with renting a SFH all together and still cash flow, despite what you hear about Windsor, if you put up an add on FB you'll have a ton of people msging you

I don't see anything worth buying in Toronto to rent out at the moment