Deru Property Consulting Corp

Residential condo/property investment consulting and advice - Toronto and the GTA

[Deru Property Consulting Corp @DeruChristopher]

@latiiivReactsX Ortega

[Deru Property Consulting Corp @DeruChristopher]

@LegacySiu Essien

[Deru Property Consulting Corp @DeruChristopher]

@_onlyscott Gundo

[Deru Property Consulting Corp @DeruChristopher]

@_Paris_10 @MC_frnk 💯
His technical skills aren't good enough and then he gets triple teamed 😂 game over for him. I'd sell him

[Deru Property Consulting Corp @DeruChristopher]

@Y_chupe @MC_frnk 💯🎯

[Peter Mallouk @PeterMallouk]

"I like to deal with people where I feel a one-page contract will do the job. If I have to have 50 pages in there to protect me against the guy I'm dealing with, I'll always wonder whether I needed 51." – Warren Buffett

[Deru Property Consulting Corp @DeruChristopher]

@IAmClintMurphy @PeterMallouk What about the money spent and time lost along the way? Lol

[Deru Property Consulting Corp @DeruChristopher]

The crow can't go where the eagle can go
👁

[Deru Property Consulting Corp @DeruChristopher]

Importance of mortgage financing is underappreciated.
Be sure you're getting advice from someone who understands your situation and knows a thing or two. Shop around. There are good brokers out there that will look out for what's best for you over themselves - Shop and find them.

[Deru Property Consulting Corp @DeruChristopher]

Shop for your mortgage. Use me as an example. I bought my one bedroom condo in 2020.
Today, at most, I can sell it for what I paid for it. $570k. Likely a bit less.
But I owe ~$450k on it. Still can sell it for a profit today.

[Deru Property Consulting Corp @DeruChristopher]

I fixed my rate in 2020 and extended the rate to 2026 - paid down tons of principal because I locked in the rate. Unless you knew for certain you would be selling in short term after buying, why on earth would anyone choose variable (and uncertainty)? A fixed rate is certain.

[Deru Property Consulting Corp @DeruChristopher]

The Slowest Condo Market in Over 30 Years

[Deru Property Consulting Corp @DeruChristopher]

📉 The Greater Toronto Hamilton Area new condo apartment market reported a total of 533 sales in Q1-2025, declining 62% yoy and 88% below the 10-yr avg - lowest quarterly total since 1995. The 215 new condo sales in the City of Toronto in Q1 fell to its lowest level since 1990.

[Deru Property Consulting Corp @DeruChristopher]

Either you direct your mind (thoughts) or your mind will be directed for you

[Deru Property Consulting Corp @DeruChristopher]

It doesn't make any sense to say i did XYZ when the price was 100. Today the price is 90 so I'm gonna boycott it

[Deru Property Consulting Corp @DeruChristopher]

Everybody runs from the market when prices go down because they think it connotes risk.
... it's just stuff going on sale.
🗣Howard Marks

[Deru Property Consulting Corp @DeruChristopher]

Applies to Real Estate or stocks...

[Deru Property Consulting Corp @DeruChristopher]

Descending the slope of risk is far easier than ascending the slope of reward
✍️ John Bogle

[Deru Property Consulting Corp @DeruChristopher]

Buyers in residential real estate market in Toronto before (not that long ago): buy before price goes up.

Now: What else can I buy for this price? If I wait, will it become cheaper to buy this or something similar?