' real estate – Brantford Properties
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Tag: <span>real estate</span>

Looking for a unique property investment? This certainly fits the bill

The federal government has listed an interesting property for sale: The former Hells Angels clubhouse in Toronto.
“It reminded me of a Legion Hall,” Toronto realtor Desmond Brown told the Toronto Star. “I thought it was a fantastic opportunity because it’s such a renowned building — people have been driving by it for decades, wondering what it looks like on the inside. I’m one of the few people who isn’t biker, who had a chance to see it.”

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Why a commercial mortgage app gets rejected

Traditional commercial banks often try to play things safe, and may be hesitant to support commercial projects considered too “unique.” Even commercial borrowers that have favourable tax returns and a sound business plan might find their applications for commercial mortgages denied. Worse, some banks will not even offer a good explanation as to why the applications were denied.

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The new biggest challenge for investors

Until recently, I always believed the toughest part of investing in real estate was finding the “right” income property (eg. good geographic metrics, under market rents, purpose built, good shape, good location, etc.).  In the past, my ability to find “diamonds in the rough” is what made me an effective and successful investor.  However, my opinion has now changed.

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