David Schooley, Broker
RE/MAX Twin City Realty Inc. Brokerage
Call/text +1 (519) 577-1212 | david@goinghome.ca
Dear David, My partner and I live in the GTA. We think flipping a house in Kitchener would be a great investment. We’ve been pre-approved for a $600,000 mortgage and hope to invest an additional $50,000 in renovations. I expect we’ll be able to re-sell the house in the high $700,000 to $800,000 range. Where
Dear David, I purchased a new build condo as an investment rental when the market was on its upward swing in 2021. The property was supposed to close in two years. I just received interim occupancy, but interest rates have gone up, property values have fallen, and I no longer think I can afford this
Dear David, We own a rural vacation home on 75 acres. There is a locked gate at the entrance and a half-kilometer lane leading up to the house. A local man looks after the place when we’re not there. Last summer we were stunned to arrive and find a real estate agent giving a tour to
Dear David, My friend is renting the basement of a home with an in-law setup. The homeowners are trying to sell. Visitors seem surprised that she is living there and some have asked if she’ll be moving out. When we looked at the listing on Realtor.ca it made no mention of a basement tenant, where
Dear David, I sold an income property in Waterloo last year. It received multiple offers and sold to a buyer who chose not to get an inspection report (the agreement was unconditional). In the six months since closing, the buyer has had to pay for a new furnace, fix the wood-burning fireplace as required by