We own student/rooming houses near York U in Toronto. We pay around $3300 for insurance with AXA....does anyone know of any other broker/insurer that provides insurance at lower rates for this type of product?
Student housing is very profitable...just a little more management, definitely worth...
I own a number of rental properties in Ontario which I manage personally and am considering a similar arrangement with using investors money in lieu of my own. In the above arrangement would it be (1) the investors entirely on title and a side contract agreement on the 50/50 split of the net...
QUOTE (KMcFarlane @ Feb 1 2008, 03:46 PM) http://www.canada.com/edmontonjournal/news...1a-1da6b2742bd9
Any idea whether this will be revisited in 2009 or was this idea thrown out?? Wouldn`t it be similar to a 1031 exchange in the US?
Hi Todd,
i am also a CA in toronto and own about 5 properties and growing...what do you know about cash damming (smith manoveure) as it relates to owning real estate whereby converting your personal mortgage to deductible debt on investments? I have been organzing my properties and associated...