Process for Buying a Childcare Centre Business
This article discussed the entire process of buying a childcare business.
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Investment
Buying Commercial Property: Due Diligence Checklist
Purchasing a commercial property for the first time can feel overwhelming. The terminology might be unfamiliar, and the tasks required for thorough due diligence (DD) may seem extensive. This article aims to outline key aspects of the due diligence process, offering a comprehensive overview rather than a strict to-do checklist. Every property is unique, and your intended use will heavily influence what needs to be validated during the due diligence process. We will discuss Survey, Environmental Site Assessment, Record of Site Condition, Site Plan Approval, Minor Variance, Conservation Authorities and Heritage.
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To Incorporate or Not To?
This article discusses if you should own a rental property as an incorporation or own it under personal name.
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8 Factors to Consider When Investing in Commercial Real Estate
When investing in commercial real estate, it’s important to consider the following factors: Location Look for properties in areas with a strong economy and good transportation access. Depending on the types of commercial real estate, the locations might be different and your target tenants will be different as well. You have to select the locations
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How to Calculate Commercial Rent?
https://youtu.be/gEu5AOjfUHU Understanding Commercial Rent Commercial rent is calculated quite differently than residential rent. There are some basics about commercial rents that we must know. Commercial Rent Basic Terminlogies Base Rent TMI – Property Tax, Maintenance and Insurance Gross Rent HST How to Calculate Commercial Rent? The base rent, sometimes called net rent, is the
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Be a Commercial Landlord – Basics
Are you sick of the LTB? If so, maybe you should explore being a commercial landlord. Commercial Tenancies Act is a law for commercial tenancies only. Does not apply to residential tenants and landlords. The Ontario’s Commercial Tenancies Act describes the relationship, rights and obligations between commercials tenants and landlords. Strongly recommend you obtain legal
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Can Landlord be Exposed to Construction Lien?
Disclaimer: This is not legal advice. It’s merely my own interpretation of what was read from articles on different websites. If you need legal advises, please consult with your legal counsel. The author or anyone else connected with this website, in any way whatsoever, can be responsible for your use of the information contained in
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Is Vendor Take-back (VTB) a Good Idea?
You can potentially increase the chances of selling your property in a downturn by utilizing a vendor take-back mortgage (VTB). But what exactly is a VTB? It occurs when a seller extends a mortgage to the buyer for a portion of the sale price, essentially acting as the lender. Example Here’s an example to help
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