Multigenerational families need asset & property managers

For multigenerational families owning apartment properties, there can be many difficulties, competing factors and points of view brought to the table when it comes to management of property. At this point, for most portfolios built in the 50s and 60s, generation one...

Renters Often Pay Higher Municipal Taxes than Homeowners

Derek Lobo was recently interviewed by Steve Paikin on TVO’s The Agenda about a little-known disparity between municipal taxes charged to homeowners and residential tenants in Ontario. It’s widely believed that only property owners pay property tax but it’s actually...

A Family Affair

Let’s face it, managing a multi-unit dwelling is anything but simple, especially when it’s jointly owned with family (or others). Over the last 50 years, real estate has helped create significant wealth for what are now second and third-generation families and...