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How much is my apartment building worth?
Work on real deals with a great team.Specialise in apartments and student housing, not cold calls.Thanks to REI Wise, we have a calculator that you can use here. But this only works as a rule of thumb. When establishing a preliminary value for your building, you need...
Is an MLS listing the best way to sell an apartment building?
Work on real deals with a great team.Specialise in apartments and student housing, not cold calls.The Toronto Real Estate Board’s Multiple Listing System is a great service, and it is known as one of the best systems for selling real estate in the world. For some...
What do I do with the money when I sell my apartment building?
Work on real deals with a great team.Specialise in apartments and student housing, not cold calls.The amount of cash you’re going to need for a down payment and closing costs is going to vary on a number of factors, including: – Are you using CMHC financing with high...
How much cash will I need for the down payment to buy an apartment building?
Work on real deals with a great team.Specialise in apartments and student housing, not cold calls.The amount of cash you’re going to need for a down payment and closing costs is going to vary on a number of factors, including: – Are you using CMHC financing with high...
How does current financing on the apartment building affect the value & sales process?
Work on real deals with a great team.Specialise in apartments and student housing, not cold calls.Most existing financing is likely to negatively affect the value of your building when the time comes to sell. Usually, the mortgage will be less than what the buyer...
How to Buy an Apartment Building: Legal Entities
Work on real deals with a great team.Specialise in apartments and student housing, not cold calls.You can buy and hold an apartment building in a number of different ways. These include holding it personally, holding it as a corporation, holding it in a limited...
Manage My Apartment Building: Property Management
Work on real deals with a great team.Specialise in apartments and student housing, not cold calls.Whether or not you should manage your apartment building is up to you. There are pros and cons to each alternative. A management property company can be costly, but it is...
Are all apartment buildings listed in the market?
Work on real deals with a great team.Specialise in apartments and student housing, not cold calls.The majority of apartment transactions are never formally listed, which means they don’t hit the broad market. ROCK works closely with the brokerage community and we...
Key Indicators to Determine the Value of an Apartment Building
Work on real deals with a great team.Specialise in apartments and student housing, not cold calls.If you are a buyer and you are buying an apartment building and you don’t want to overpay, you should follow the same steps the seller went through to determine the...