John Riche @ Hanlon

All real estate, all the time. Properties, stats, news and more. Sometimes I ask a clever name for the colour of a house.

[John Riche @ Hanlon @RealtorRiche]

NL house prices closing in on an average of $300,000. @Sagen @ErncluettCluett

[John Riche @ Hanlon @RealtorRiche]

@bebe900 Uh, US election is November of this year, Canadian election October 2025.

[John Riche @ Hanlon @RealtorRiche]

@nicolek1989 @arbsinparadise @holls_mc That’s what she said

[Hanlon Realty @HanlonRealty]

Becoming a #realestate investor doesn’t have to be hard!The key is to start small & live in the property while you fix it up & make it an amazing place to live. Then,you buy another #home and rent out the first. Want to talk more and grow your #financial future?Just send us a DM!

[John Riche @ Hanlon @RealtorRiche]

BACK ON MARKET ALERT: 20 Flamingo Drive, Paradise. 2 bedroom, 3.5 bath with hardwood and attached garage at $289,900 MLS. What a Price! https://t.co/d4E6qegKk5

[John Riche @ Hanlon @RealtorRiche]

Here's a payment schedule on a $300K home purchase with an added $25K in renovations.

Purchase price of $300K w. 5% down, mtg would be $1,647/mo. To add $25K in renovations, the new payment would be $1,784/mo.

Only an additional $137/mo. to personalize your new home.

[John Riche @ Hanlon @RealtorRiche]

@McNaughtonBill Check with an accountant but I think it is based on time of disposal and when the property was used for income purposes.

[John Riche @ Hanlon @RealtorRiche]

Basic mortgage rules when it comes to rental properties and second homes. If an existing homeowner is looking to buy a 2 unit property with the intention to rent it fully out, the minimum down payment is 20%. If they plan on living in one of the units, minimum down payment is 5%.

[John Riche @ Hanlon @RealtorRiche]

As always check with your accountant or tax specialist before proceeding. I wouldn't hurt to pass it by your lawyer too. If you have any other questions Text/Call 709-743-1818 or DM me here.

[John Riche @ Hanlon @RealtorRiche]

Here's the best part, you can keep your existing home as a rental and move into new property with 5% DP. After closing, fully mortgage your older home, which is now a rental and use the tax deductible mortgage interest as a bulwark against rental income.

[John Riche @ Hanlon @RealtorRiche]

#NewListingoftheDay 14 Aspen Road, Corner Brook, NL. $1,250,000 MLS. WOWZERS!

https://t.co/J99Jwchvwq

[John Riche @ Hanlon @RealtorRiche]

#NewListingoftheDay 76 Dawson's Run, CBS. Three developed levels, 3 Bedrooms, 2.5 Bathroom all for $305,000 MLS. Great price and minutes to Peacekeepers Way. https://t.co/I5MvmbHLFq

[John Riche @ Hanlon @RealtorRiche]

BMO now has stacking promotions that will get you $1,600 cash back on closing for mortgages between 100k and 500k. That without jacking the rates too. Works for purchase and refinancing too. DM or call/text 709-743-1818 for details.

[John Riche @ Hanlon @RealtorRiche]

#NewListingoftheDay Nordic inspired architecture and decor in this lovely waterfront property on Notre Dame Bay. 108 Comfort Cove Highway. NL. $492,000 MLS. https://t.co/6HFBVfKcV4

[John Riche @ Hanlon @RealtorRiche]

#NewListingoftheDay 74 McNiven Place, St. John's, NL: Massive wired garage, huge lot, great location. DM or call/text 709-743-1818 if you want to take a look! $425,000 MLS. https://t.co/t5r4jFH9Xh

[John Riche @ Hanlon @RealtorRiche]

Please note that yes, the Confederation Building does appear to be for sale on some Real Estate sites. @_NLAR is aware of it as it's a fake listing done for testing purposes. The written description however is still quite amazing.

[John Riche @ Hanlon @RealtorRiche]

BMO has some pretty sweet cash back offers (ip to $4200) and are offering 130 day rate guarantees. Text me at 709-743-1818 and I will put you in touch with contact person at BMO.

[John Riche @ Hanlon @RealtorRiche]

My wonderful colleague, @AmandaLeeHomes, just listed this 2-apt bungalow in Paradise fro under 400K. It will be sold this weekend, call/text me at 709-743-1818 if you want to be that one buyer who snaps up this great spot. @HanlonRealty

[John Riche @ Hanlon @RealtorRiche]

WHAT A START!!!

[John Riche @ Hanlon @RealtorRiche]

Canada - Croatia match on at Boston Pizza Kelsey Drive. Feel free to join us. Kids welcome too.