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  1. R

    Has the market for apartment buildings slowed down?

    I`m wondering if anyone else has found the market to be very slow over the last while? Is this because of the US recession? I`ve been trying to sell a 63 unit apartment in Thunder Bay Ontario now for the last 18 months. Got a few bites but mostly only very low ball offers. But what scares me...
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    From flipping house - to - flipping apartment buildings

    Hello, I thought I`d share some interesting things that happened with me over the last handful of years. All I was doing was flipping my personal residence during the RE boom we had. The first few times I didn`t even make any money. Then after a few warm up flips I finally made a small profit in...
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    Catch 22 - 120 parking spots needed for month in Toronto!

    I`m just make it up to the tenants to find their own parking. Maybe compensate each person $50 bucks for the inconvenience of them having to do this. That way everyone is helping to solve it.
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    Trying to determine the best price to list an apt building I have

    Hello, I have this 63 unit apartment for sale in Thunder Bay. I`m trying to sell it but I`m a bit uncertain as to how to determine what the best selling price would be. I tried selling it for about 40k per door. I didn`t get any offers. Since then I`ve dropped the price considerably to just 35k...
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    How much do you pay for a referral?

    Hello, I`m wondering what`s the going rate on how much do you pay for a referral? Like for example I have two apartments for sale in Ontario listed at my website and I thought I`d try offering $2000 dollar referral for my 14 unit and a $5000 dollar referral fee on the 63 unit. So if someone...
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    Do you think these 2 apt`s are priced to sell?

    I have two apartments for sale but I`m wondering if I have them priced right? From what I can tell most of the apartments in Ontario are going for a lot more, and a lot lower cap rates. But I know many of you in this forum are experts so can you give me some feedback? Are they priced to sell or...
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    What`s my best option in trying to sell my 6 buildings?

    Hello, I own six apartment buildings in Ontario. 5 of them are in Thunder Bay, and 1 in Windsor. I`ve decided to sell all these buildings. I just lowered the prices, and there`s been some action but not a great deal. Which is strange since the prices are already so low. Starting at just $40k...
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