Archives for August 2011

The Trendy Basement Loft – Episode #32


Basement apartments are generally difficult to rent. Jeff Reed, from Priority Management Ltd, is both an experienced contractor and real estate investor. He is one of the few people I know that really does his homework when it comes to renovating a property. Together, Jeff and I have looked at many high end lofts in Toronto. What Jeff has done so amazingly is bringing these trendy loft designs to his basement apartments. Not only do these basement apartments look great but they also bring higher rents.

Check out Jeff Reed’s website for more details at www.priority-management.ca

How to Find Fantastic Tenants – Episode #31


We always hear stories of people having amazing tenants, who take such good care of the property and who are also paying premium rents. Don’t you wonder….how do they do it?!

Listen to Cindy Wennerstrom provide tips on how to find that perfect tenant and how to get premium rents. In the Upper Beaches, the average rent for a 2 bedroom suite ranges between $1,200 to $1,400. By incorporating some of Cindy’s tips you can potentially start offering rents in the range of $1,500 to $2,000.

Going Firm in The Beach – Episode #30


There is a lot of competition when it comes to putting an offer on a house in The Beaches.

How do you differentiate yourself from other potential buyers trying to bid on the same house as you?

Well….try going FIRM with all your offers!

This may sound too risky but there are things you can do before you put in an offer that will definitely protect and prepare your interests.

The Long Slow Flip Strategy- Episode #29


We are all familiar with the ‘Buy and Rent’ strategy and the ‘Buy and Flip’ strategy….but have you ever heard of the ‘Long Slow Flip’ strategy?

This strategy gives you the best of both worlds! The Long Slow Flip allows you to benefit from monthly cash flow and appreciation over the years versus just selling it for a quick profit.

Listen to Cindy Wennerstrom, Designer Consultant and Real Estate Investor talk about this strategy and how it has worked for her.