Investor’s dilemma

//Investor’s dilemma

Investor’s dilemma

Trump-Tower-Downtown-TorontoJust read this interesting post in Toronto Star about iconic Trump Tower. Some new builder condo investors who had bought hotel condominium suites at the Trump Tower in 2006 are refusing to pay final closing costs and assume ownership of the units. They are saying that their investments no longer make financial sense.

Well, I am not surprised. This is what I had blogged about some time ago when One Bloor went up for sale.

Read more about User, Investor and Flipper and to find out what type of investor you are before venturing into buying on mere media hype.

Have a nice day!

 

By | 2017-01-23T12:11:02+00:00 April 17th, 2012|Categories: Investing|Tags: |Comments Off on Investor’s dilemma

About the Author:

Amit Kalia
Amit is a full time local REALTOR® since 2003. Currently he is with RE/MAX Real Estate Brokerage Inc. in Mississauga. RE/MAX is Canada's #1 real estate company. He is supported by a very strong Sales and Marketing team. Together with his team, Amit has been serving property sellers, first time buyers, real estate investors, landlords, renters, new immigrants to Canada and non-residents. Amit and his team specialize in Square One condos and also work in many other Mississauga neighbourhoods. Team Amit Kalia offers a 30 Days Sold Guarantee to Sellers. Amit's team also provides exclusive A La Carte property management services for their investor clients and landlords.