All Forum Posts by: Sara Bradford

Thanks so much for the feedback!  I really appreciate it!

It's a small bungalow... 800 sq ft per unit, with one heater per unit.  We are putting in new panels, so a panel reconfig is not a biggie! :)   I assume gas is preferred from a cost perspective?

Hi All,

I am flipping a bungalow into a purpose-built two apartment home. To allow for easy separation of utility costs, I'm installing dual HVAC systems, dual hydro panels, and pony meters on the water meter. This forces me to have two utility rooms (one per unit) and affects my usable real estate inside the house. Are on-demand water heaters a good investment? They definitely free up space but what do they provide in terms of efficacy, maintenance hassles, etc... are they worth it??

Thanks!

Sara

Hi All, 

I am flipping a bungalow into a purpose-built two apartment home.  To allow for easy separation of utility costs, I'm installing dual HVAC systems, dual hydro panels, and pony meters on the water meter.  This forces me to have two utility rooms (one per unit) and affects my usable real estate inside the house.  Are on-demand water heaters a good investment?  They definitely free up space but what do they provide in terms of efficacy, maintenance hassles, etc... are they worth it??

Thanks!

Sara

Hi Kyle,

I don’t have a ton of experience with older homes as an investor but as someone who used to live in a century home I can tell you two things: 

1) They don’t build em like they used to! 

2) They still require a ton of maintenance! 

Construction is solid but you may find asbestos, knob & tube, plaster and lathe, etc... 

I am working on three properties right now that are in the 1940-60’s era and they pose their own challenges: electrical heat, cinder block foundations, etc. Not small renovations. 

If you want super low maintenance I personally feel newer is often safer... or be prepared to do some work!

Sara

GTA Investor

I am meeting with potential contractors to complete three major home renovations in the Scarborough area.  

I do not need a handyman currently (though references for those are great too for the future): I need someone who is insured that can complete full gut renovations to plan. 

Anyone have any suggestions for reliable, efficient and quality contractors servicing the East end of the GTA? 

Hi all, 

I am looking to add a strong mortgage broker to my team.  Ideally someone independent and well-connected.  Anyone have great resources?  What are the best questions to be asking when meeting with potential candidates?

Thanks!

Sara

Hi, 

I am looking to find an awesome mortgage broker to add to my team.  Anyone have any great suggestions?

Thanks!

Sara

Thanks @Claude Boiron, that would be great!

Hi BP Gang, 

I am looking for recommendations of engineering firms to complete a Phase 1 Environmental assessment for a lot severance.  Anyone have any great firms they've worked with? My lot is near the lake so I need to complete a noise audit, SSQ (and likely Phase 1 Environmental) and archaeological assessment.  

Also, does it make sense to complete Phase 1 prior to Archaeological assessment, given that they will be disturbing the soil everywhere with arch. assessment?

Thanks!

Sara