What’s My Condo Worth?

Hint: Condo’s are CommoditiesThe whole idea of most condominium developments – whether apartment or townhouse – is uniformity in size and design. In the eyes of a lender, appraiser, home-buyer or investor, one 1200 square foot, 3 bedroom unit is worth pretty much the same as the next. Interior finish becomes a somewhat secondary consideration.Understandingly…

Details

A Fresh Set of Keys

Locksmiths have great stories, and my first locksmith, Paul, was no exception!A teenager was travelling in Europe for nearly a year. His return trip took him through Edmonton where his grandmother owned a home. Always welcome at Grandma’s house, he decided to pay a surprise visit and stay with her for a few days. Grandma…

Details

Contrarian Communication

Secret: Never over-commit to communicating with investment partners.My written commitment to investment partners includes annual reporting for income tax purposes only – and then I try to sneak in at least two other written communications throughout the year, a telephone call or two, and a personal visit (which usually doesn’t include discussion of our mutual…

Details