Search results

  1. N

    COVID and the housing market

    I know a guy who will be inheriting a property worth just under 2 Million. The house is a dump / liability and he wants to tear it down and put in a modest bungalow. I figure with the tear down and half million bungalow the property value will go up by zero. Loss of a half a million.
  2. N

    COVID and the housing market

    When you say "needs roof" do you mean just shingles or an R&R of rafters, deck etc? If it's the later how much more would it cost if you slipped in a second story while doing the roof framing? Yeah also the floor joists etc but double the floor area.
  3. N

    The Bad Drivers of Ontario Thread

    Updating: Rams are made in Mexico and the plant just shut down. There is one truck in transit that meets his needs. Apparently only one dealer in Canada has a Ford equivalent to his needs and they have three, in British Columbia. I think a truck coming from Mexico to Canada via the USA should...
  4. N

    The Bad Drivers of Ontario Thread

    Years back when KFC was Kentucky Fried Chicken a friend saw a giant bucket sign on the DVP on a float truck and it was wedged under a bridge like a cork. The road was uphill but the ceiling of the tunnel was parallel to the ground.
  5. N

    COVID and the housing market

    Rabbit ears, tower or tower with rotator?:)
  6. N

    COVID and the housing market

    I know a few builders that scoop them up when found in the right area. Demolished the next day and voila, McMansion.
  7. N

    COVID and the housing market

    Traitor. No more bourbon.
  8. N

    COVID and the housing market

    What's going to appreciate more, your present abode or the 900 SF one after modelling? Assuming some cash in hand from the sale of the present home, what are the projected after tax returns on the cash? How do the numbers crunch if you rent out the present abode, make the fixer upper the...
  9. N

    COVID and the housing market

    What is a reasonable ROI for an investor? GICs are ~3%. My "High interest" savings account has been renamed a General checking account because a quarter percent made the name sound ridiculous. Taxes and inflation on the ROI wipes out 5% or more for most small investors. I was the sole owner of...
  10. N

    COVID and the housing market

    Asking the government to solve the problem is like going to an arsonist for advice on fire protection. If there is any chance of anything going wrong it must be engineered out at any cost. Think of the children. Put that mindset in the hands of a group that doesn't want to lose their well...
  11. N

    COVID and the housing market

    I'm guessing you weren't entitled to your own TV set, 100 channels of cable, your own ensuite, credit card by dad, phone etc. I am also guessing the word "Share" wasn't considered demeaning.
  12. N

    COVID and the housing market

    If people were more frugal they’d accept smaller homes. They’d also drive simpler cars, stop going out for meals and vacation locally. They’d also crash the economy that is dependent on YOLO spending.
  13. N

    Art...

    Some people just like stirring crap pots. Some put up phallic symbols. Some put up granny fannies. Some put up Trump support signs. Some play vulgar music. Some use old toilets as flowerpots. Define taste. A phallic symbol, to me, means F*** *** or mind your own business. I will if your...
  14. N

    Trailer ownership with you in vehicle?

    You can calculate the loss of the trailer and proceed accordingly. What if a collision resulted in a massive lawsuit and the insurer wouldn't cover it because you lied. What you hit plus medicals for whoever was in it.
  15. N

    Anyone into gardening here?

    Bump to the top. It's that season, sorta. I would love to do a total remake of the grounds but don't know where to start, other than convincing the Mrs. We have to much lawn but it's a pain to maintain. A couple of thousand square feet of lawn looks good if it's pristine. Then one dandelion...
  16. N

    COVID and the housing market

    Third- or fourth-hand news but a local development "The Clove" remake of Cloverdale Mall isn't selling well. $400K + for 350 square feet, no parking spot. The mall would be largely demolished to accommodate the condos and the place is half empty now. Shops with long term goals have moved out...
  17. N

    Possible Paving Scam?

    Someone was doing the cheapie stuff using gasoline and tar. The problem was it took forever to dry. Personally I don't ike the coatings as they tend to be slippery.
  18. N

    Possible Paving Scam?

    Mad Mike related a situation where a non WSIB covered worker created a $1.1 million liability for the owner. Minor issues like crushing an eaves trough with a ladder, kicking a shingle tab etc. would just be the start. I do wish I had taken his picture and one of his truck license plate to be...
  19. N

    Possible Paving Scam?

    So, what was the scam I just missed out on? Doorbell rings and the guy says "I'm a contractor working in the area and noticed a squirrel on your chimney and it disappeared so there might be a hole that will be letting water in." His pickup with ladders is parked at the curb. #1 If you're...
  20. N

    Stocks

    When I start selling. I'm always wrong. :)
Back
Top Bottom