Renting Is NOT Throwing Money Away

And, now that every single real estate salesperson is mad at me, let me explain. There's a common perception that renting is "throwing money down the drain," but it is, and it isn't. Let me play devil's advocate for a moment...

Investing In Education

No, this is not a political announcement from Premier McGuinty. This is a calling to all investors who should be looking at rental properties right next to a University campus... (more…)

The “One Bedroom Effect”

It's a new term, in fact, I just thought of it now. But there are a ton of new developments in Toronto that consist mainly of one-bedroom units, and this points to one, clear, identifiable buyer pool: INVESTORS. If you...

“What If?”

There's a saying in sports: "Sometimes, the best trade is the one you never made." I often look back on an investment I almost made in the city of Waterloo, Ontario in 2005 and ask myself, "What if I had...

When To Sell?

Next week, I'll be taking possession of a new condo at West Side Lofts. I've been writing about this disastrous project since the inception of my blog, and I can hardly believe that I'm finally getting handed the keys! Some...

Righteous Rental Rights

I know what you're thinking, and no, I don't ever get tired of excessive alliteration and lame puns... Just to pick up on Friday's post, I'd like to expand on a situation I had with a friend of mine regarding...

Rental Rut

We often talk about the money "wasted" on rent by young people in Toronto and then compare those costs to what they could be paying into their mortgage. But what about people who can't even afford to rent? I have...

No Sense!

Egad!  This makes no sense! This condo down the street from me has been "FOR LEASE" now for a total of three full months and the seller/landlord has yet to reduce the asking price.  The condo is vacant and he...

Get Real!

I was working on a lease last week and I received the most bizarre offer that I'd ever seen! It was full of these ridiculous clauses that I can't believe an agent or a lessee would include in today's hot...

Discrimination In The Rental Market?

Last week's story about "blatant discrimination" in the rental market is the second report in as many months to surface in the Toronto media, thanks to the Ontario Human Rights Commission. But I'm here to provide a devil's advocate type of...

And NOW…I’ve Seen It All…

I'm not sure what the theme to this post is, nor do I know what I would call the 'moral of the story.' This is about greed, unfair business practices, and perhaps a call for more stringent regulations. I've never...

The Thinning Toronto Rental Market

Despite the torrid pace of the resale real estate market in Toronto, today I choose to write about the ridiculous hoops one must jump through in order to secure a mere rental! I have stories a-plenty, but here are the...