Real Estate | Blog

Friday, December 4, 2020   /   by Ernie Arrizza

People Will Be Begging to Go Back To Work. Real Estate Up?

It's pretty bleak right now. Nothing is positive in many people's minds. People are stuck at home, people are stuck home schooling their kids, people are out of work and the list goes on and on. 
The state of commercial real estate is in dire straits like we've never seen before, businesses boarded up, and the ones still in business are hanging by a thread. 
There will be hope coming when things go back to normal and businesses that once would never thrive will. 
Have you ever wondered why the stock market goes down and everybody cries but then a few days later the stock market comes back roaring with a vengeance to break records. It just happened. The same thing will happen with businesses and people in general. 
At the beginning of the pandemic when people started working from home everybody loved it. That was the general sense. I don't have to go into work, I don't have to travel, I don't have have to spend money, dress up, and talk to anybody. Now the generan ...

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  condo, investment property, home, basement, landlord, piggy bank, real estate investment, sell investment, business, commercial real estate, industrial real estate, real estate

Friday, December 4, 2020   /   by Ernie Arrizza

Selling Your Investment Property? Some Things to Consider.

It's an easy decision. Sell the extra investment because right now its down. I've spoken with many investors and I get it. Here are some reasons why you shouldn't be selling your investment right now that you may not be considering. 

Right now investment properties and rentals are at an all time low. Nobody wants to deal with those renters with all of their new regulations. Nobody. Here's the thing, you might want to think about keeping your property if you can. 

Some negative reasons for not selling right now. You will have to pay capital gains on that property. You will get the lowest price possible right now. You may have some government funds you are eligible for because you are a landlord. You may be eligible for some government grants. You may able to use this property as a right off. Depending on your business structure that is doing well right now, you may be able to use this property as a loss = pay less taxes next year. 

Do you sell a s; ...

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  condo, investment property, new build, new building, new construction, additional costs, buyer, buyer agent, landlord, real estate investment, sell investment

Wednesday, October 12, 2016   /   by Ernie Arrizza

How To Avoid The Buyer Blues

Buying a house in a tough market like Toronto can be very emotional draining. There are many obstacles to overcome such as bidding wars, no inspection clauses, no finance clauses, and being unsure of so many factors.
In a crazy market, it is best to find your house first then sell after. The reason being that you will not be forced to buy something you don’t like if your time runs out on the selling end.
I have witnessed many buyers go through what I call the Buyers Blues through my travels, and in many cases there are a few steps to avoid this from the beginning. Here is my list of things to do:

1. DO NOT FALL IN LOVE with the house you see. When you are looking for a house, always keep in mind the house is not yours until you get the keys. Even if you have a firm deal in place there are many things that must happen before you are actually living there.

2. Be Realistic: Do not look at houses that are under priced and out of your price range. Examine your budget and what ; ...

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  buyer agent, buying home, condo, new building, new construction, real estate investment, buyer, home, new build, real estate, additional costs, piggy bank, requests, business, finished basement, real estate agent, realtor, saving to buy a home