Month: May 2019

Can I Have My Check MAG?

Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: http://feedproxy.google.com/~r/LandlordRescue/~3/HgVNA5Gw7Mo/

Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.

What I have discovered is that due to under staffing and overwork of the clerical staff checks are made out and sit there, or don ’ t issued or receive sent. So we informed that a judgement was fulfilled by a bank garnishment, and then wait months for the money.

I ’ m going to go over something 99 percent of landlords never do/see while I ’ m on the subject of whining about the services offered by the government.

Happily landlords may call us with those 416-628-4126 or issues 416-880-4126 for assistance or email us rachelle@landlordrescue.ca
So after you’ve got an arrangement from tenants you have to try to collect the money which can be tricky and difficult if your tenant uses a fake name for instance, or you can’t find them.
If we garnish their pays, or bank or whatever we do to get our claws on money, the money ends up at the Attorney General’s Ministry. Then they are supposed to send the lender a test, and this is not supposed to be a complicated process.
Why is it a rush to get your check when the cash is in the courts? The cash get split between the parties, so you will get of the money because if another judgement becomes registered against the individual.

If you didn’t know, and if you didn’t it s for the best… The courts are a place. There are people whos job it is to wait in such lines with stacks of papers to file. They do this everyday, they arrive at a different court, or 47 Sheppard Ave or 393 University Ave and get a ticket and wait to be file papers. One 5 or 3 items can only file at a time, and they get back in the line to get another ticket. This has been a messed up situation for quite a long time, but there are more “efficiencies.

This is another example of under impeding the judiciary’s function and staffing the courtroom administration.
But money is accumulated the check signing department should be johnny on the spot disbursing the funds in trust to the creditors, not the quarter, but within a reasonable time period.

By way of example, one garnishment I have dates for, the money was sent January 16th 2019 and the test was only issued March 22nd 2019, and that’s with the paralegal visiting the courts and requesting the test on a regular basis.

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Vita On The Lake By Mattamy

If you know a little bit about Economics, you know that…

“Yes, Vita On The Lake Is an Excellent investment”

Therefore, this pre-construction condo project has been extremely popular with both condominium investors and people looking to buy a unit there to reside.

I would like to talk to you about a condo project that’s being assembled on the Toronto Waterfront today.

• E)  Oh yeah… and I forgot to add the next … Ontario is running out of land to build on.   There’s Lots of protected property in Ontario, called “The Green Belt”, which is restricted.   This land can not be built on by builders.  As such, builders are no longer building OUT, as they once used to (by building sub-divisions of homes).  They are presently building UP, and have been doing this for a number of years.

Ps: Here are some pictures of Vita The Lake By Mattamy…

I ask myself … ” Who’s bigger than Mattamy from the Greater Toronto Area when I really think of the more? ”

HOT CAKES.
Probably.

Let’s look at a few things…
Hi There,
So to actually get a discount off purchase price is an awesome deal that Mattamy is offering.

Happy Investing!
As Mattamy does not normally offer discounts on the cost of the homes and condominium units, this is a huge deal.

Purchasing Toronto Real Estate

A lot of people that I talk to are interested in Purchasing a condominium in Toronto for investment.   Since I am a Real Estate Broker with RE/MAX, It’s a relevant conversation I have with people.
Some people that I talk to are experienced investors while others are new to this and they’re looking to purchase their own first rental property.

The building has been assembled on the Toronto Waterfront.   Units in the building have FULL and PARTIAL views of Lake Ontario.

• D) Some projections have been made by the Provincial Government in Ontario, that 4 MILLION more people will be moving to the Greater Toronto Area  / Golden Horseshoe Area / Southern Ontario over the next 25 years!!!

Some of the components don’t have views, and of course if your components does not face the Lake you won’t have a view.

Lots of the immigrants settle in the Province of Ontario, and within the Greater Toronto Area. A good deal of these immigrants arrive to invest.

Then of course, there are people that I speak to who are interested in buying a condominium in Toronto Canada for their main use.   (To reside in).
I find their customer service level to be very high, and they create an excellent product that is finished.
They don’t need to because their inventory of new condos and houses sells like…

I would not be surprised at all if they were the biggest builder, although this has not been checked by me.

It comes down to supply and demand to put it in simple terms.

The second reason why I like this project is because of the builder… Mattamy.   You know exactly who Mattamy is again if you are in The Greater Toronto Area.   You probably know at lease one person who has bought a Mattamy home, or you also will understand a ‘friend of a friend’ who has bought a Mattamy home.   That is how BIG they are.

I hope your are doing well.

The story of the Greater Toronto area, and particularly, Toronto is that there is not enough supply (of housing) to match the requirement (the number of people moving into the area ).

However, a few of the views from this building are breathtaking.

The long story short is that if you are looking to buy a condominium in Toronto to live in or for investment (to lease out), and if you want to be on the Toronto Waterfront…

If you are interested in buying a unit, email me directly at neil@firstrentalproperty.com and then I will let you know exactly what the next steps are.
Neil.

• B) The City (Toronto) experiences roughly 100,000 individuals moving into this area every year.

For many years, people have been asking me about property.  

Since they are a huge builder, they know what they’re doing when it comes to all aspects of new construction condos.

A) Location

But here is the catch… You Must move.   There are a whole lot of smart people in Toronto (when it comes to investment) and they have been buying already in this construction.

Well here’s the deal… properties in the area which Vita On The Lake is situated have been going up in value already due to the HOT Toronto housing market.
Great builders (such as Mattamy) always have great incentives for their buyers.   The Incentives which they provide are often made available to the general public through VIP Agents (like myself).

You might have similar questions with Vita.   Real estate is loved by people.   They want to buy something, and they want it to go up a enormous amount (in value).

Is Vita On The Lake a good investment?
Again, VIP Agents (like myself) have access to these incredible discounts throughout the builders.   (If you would like more information on this. . send me an email)

The name of this project is, “Vita On The Lake”.

You know who Mattamy is if you’re in The Greater Toronto Area.

This building is going to be sold out if you don ’ t take action soon.

I can’t think of any other builder…
Is Vita On The Lake A Good Investment

On The Lake on this endeavor, Vita, Mattamy is offering 2 to 3 years of free maintenance, on units, which equates to a discount from the cost of between $10,000 to $20,000!!
Some state that Mattamy is the largest builder concerning volume of units sold.

In what international city with BOOMING real estate market can you buy a condo with Ocean or Lake views for under $700/square foot?
Vita On The Lake is a job that Mattamy is building that I adore.   I love this project for 3 main reasons.
Vita On The Lake is where you need to buy.

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RBA Announcement – 2 April 2019

Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: https://blog.realestateinvestar.com.au/rba-cash-rate-annoucement-april-2019

Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.

Statement Governor, by Philip Lowe: Monetary Policy Decision

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