Sam Marji's (southpeelhomes) Blog

The Ontario rental increase government determine the maximum amount rent can be increased each year. The annual rent increase is calculated based on the Consumer Price Index. For 2013 the maximum rent raise is 2.5%. Therefore if you are currently renting your unit out for $1000 you can bump the r...

Everybody knows that parking in Toronto has proven to be more of a challenge over the last couple of years. With the population of Toronto increasing annually, parking is simply becoming more of a concern for both commuters and condominium buyers. In a city where parking lots are being purchased ...

Want to get a new mortgage? Then, your credit score is a really big deal — it can make or break your mortgage payments, and ultimately determine whether or not you get the house you want. But before we talk about credit scores, let’s talk about how loans affect your credit score. There are two ty...

Selling or renting a property can at times, be really stressful. Finding the right real estate agent that knows the market inside-out is the thing to do, but how will you know if he or she is good at this job? Here is some advice on how to go about finding a real estate agent. ReferralsIt’s alway...

Anyone contemplating a land purchase should consider the environmental condition of the property to avoid buying a contaminated property. If industrial activity has taken place there previously, it may be contaminated. Decontamination can be a costly and protracted undertaking, so do your due dil...

Many investors get started by investing in the residential market probably because it is familiar and easily understood. After all, many of us own our own homes and have seen equity build-up and mortgage pay-down firsthand. With a good system for locating and analyzing residential real estate and...

Many investors get started by investing in the residential market probably because it is familiar and easily understood. After all, many of us own our own homes and have seen equity build-up and mortgage pay-down firsthand. With a good system for locating and analyzing residential real estate and...

Buying real estate with bad credit is not the end of the world, it just requires a carefully thought out plan by the investor and their mortgage agent. Here are some common investment strategies for those who have sufficient capital to make a down payment and/or service the mortgage payments, but...

Whether you invest in property for the equity growth or for the rental return, no one can deny that equity will help you buy the next one. You buy property, watch it grow in value over time or you can increase its value through renovation and/or development, creating equity. In the end, accessing...

Before buying a building, you’ll need to evaluate how well protected it is against fire and what it would cost to improve that protection. A fire will cost you a lot more than the actual building; if you’re unable to relocate your operations quickly without affecting your company’s performance, t...