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Andrew la Fleur has been advising clients this year to start adding 2 bedroom condos (especially over 800 sq ft) to their portfolio. For the first time ever, larger units are the hottest segment of the condo market. But one investor asked Andrew a great question: why would someone rent one of these units for $3000/month instead of just buying? Andrew will provide 8 reasons why in this episode.
Click here for show notes.
Andrew la Fleur / Sales Representative
416-371-2333 / [email protected]
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
Join Andrew la Fleur and one of his clients who is a first time condo investor as they explore around different downtown Toronto neighbourhoods. Find out which neighbourhoods are hot, which ones are set to grow in the next 5-10 years and understand what to look for when investing in a downtown neighbourhood.
Click here for show notes.
Andrew la Fleur / Sales Representative
416-371-2333 / [email protected]
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
Richard Florida, noted urbanist and author, says that Toronto is in a class of “superstar cities”. Find out what this means and why it’s great news for condo investors as Andrew la Fleur analyzes a recent article in the Globe and Mail that talks about home ownership rates in Canada and the effect of rising real estate prices.
Click here for show notes.
Andrew la Fleur / Sales Representative
416-371-2333 / [email protected]
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
This episode is a case study of how one Toronto landlord managed to increase the rent they were getting on their condo by 27% in just a year and without doing any renovations or changing anything in the unit itself. Andrew la Fleur talks about this and the lessons to be learned for all Toronto condo investors.
Click here for show notes.
Andrew la Fleur / Sales Representative
416-371-2333 / [email protected]
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
Jake Abramowicz has been a mortgage agent for 14 years. Hear what he has to say about the new mortgage rules - how investors are the big winners, tips for getting all your deals financed, and why you should refinance your existing properties now before the new rules kick in on November 30, 2016.
Click here for show notes.
Andrew la Fleur / Sales Representative
416-371-2333 / [email protected]
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
The rental market for Toronto condos is breaking all kinds of records this year. Supply at an all time low. Sales-to-listings at an all time high. Rental prices increasing by 9% to an all time high. Days on the market at an all time low. What is driving this crazy and insatiable demand for renting Toronto condos and how long will it continue? Shaun Hildebrand of Urbanation discusses on this episode.
Click here for show notes.
Andrew la Fleur / Sales Representative
416-371-2333 / [email protected]
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
Elliott Taube is President of International Home Marketing Group and has sold over 2000 condos in 2016 alone. Elliott is now representing Great Gulf Homes on their new project Home Condos in the booming downtown east side. Elliott discusses what is fueling the surge of new interest in the Downtown East as well as the unique opportunity it represents to condo investors.
Click here for show notes.
Andrew la Fleur / Sales Representative
416-371-2333 / [email protected]
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
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The Toronto condo market keeps on moving and breaking records. It was just a few years ago that $600 per square foot was considered high, and now, that’s considered incredibly cheap! A unit at Charlie condos just sold for $1300 per square foot - smashing all records for the King West market and this shows how mature the market is becoming. Rizwan Malik was the listing agent for this property and he is the podcast in this episode to talk about how it happened and where he sees the downtown market going from here.
Click here for show notes.
Andrew la Fleur / Sales Representative
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
Darryl Firsten is President of In8 Developments which has successfully sold or built over 10 student rental condo projects in Waterloo. Now they are bringing their brand and experience to Kingston to take advantage of the landlord friendly market next to Queen’s University. Learn more about this exciting opportunity to invest in a recession proof asset that is student housing and discover why Darryl says that contrary to popular belief, students make for perfect tenants.
Andrew la Fleur / Sales Representative
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
Is using the equity in your home through a HELOC (home equity line of credit) a wise way to invest in pre-construction condos? What are some strategies that can be used? What are the risks? Is it better to pay for investment condos with cash? Andrew la Fleur discusses all these issues and more on this episode.
Andrew la Fleur / Sales Representative
http://www.truecondos.com
http://www.twitter.com/andrewlafleur
http://www.facebook.com/truecondos
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