David Bertolo

Passionate about Real Estate & Sports * Lover of Family & Friends * Real Estate Investor Turn Real Estate Agent * Girl Dad x3

[David Bertolo @WithBertolo]

@jamieoliver Mushrooms

[David Bertolo @WithBertolo]

@FinPhilosopher Real estate investors generated wealth from appreciation not cash flow. Having said that the appreciation outlook isn’t very promising as of today imho

[David Bertolo @WithBertolo]

@cadeinvests When the amortized annual cost is less than the annual cost of repairs

[David Bertolo @WithBertolo]

@Dale83041803 @CamCassidy The landlords that changed the locks did not have paying tenants. They took action cause they wouldn’t wait 8 months for a hearing

[David Bertolo @WithBertolo]

@XXBasedRights It’s a LLTB violation. Identical to not paying rent. Police were called and couldn’t do anything. They were advised to deal with the LLTB.

[David Bertolo @WithBertolo]

The last 3 lease deals (represented the landlord) were all accompanied by a voluntary full year of rent up front.

[David Bertolo @WithBertolo]

@XXBasedRights @CamCassidy Is it cool that the landlord needs to pay mortgage, taxes, and even utilities in this case and tenants haven’t paid a dime of rent in 4 months?

[David Bertolo @WithBertolo]

@CamCassidy Yes, but within those 6 months if they sell they will probably still end up ahead if they are fined $20k. They could sell a clean, vacant property and before prices drop further.

+ they were problem tenants (not paying rent).

[David Bertolo @WithBertolo]

@kbessey @CamCassidy You could sell but with tenants that are paying well below market prices it makes it difficult to get a decent offer. Tenants will also try to Sabotage the sale.

[David Bertolo @WithBertolo]

@SelfMadeMastery Home Depot - for no other reason than it’s closer to home

[David Bertolo @WithBertolo]

@TroyTheFIREGuy Lots of networking. Book lunches/drinks with ppl that are influential in the company and express to them your ambitions within the company. Also ask them for advice.

[David Bertolo @WithBertolo]

Steps to a happy and financial secure life:
1 - make friends/relationships
2 - make money
3 - make investments

[David Bertolo @WithBertolo]

@Sanghera__Aman That sucks but it is bound to happen in this business. Stick with it and you will also get lucky as many times as you get burned so it balances out!

[David Bertolo @WithBertolo]

5 year fixed rates have gone up by 1% due to bond yields over the past 2 months yet gets far less attention compared to the BoC rate announcements which impacts variable rates (that no one is signing up for). 🤷‍♂️

[David Bertolo @WithBertolo]

Real estate listings are on the rise, properties are taking longer to sell but the ones that sell are fetching good money.

I’m not too confident next months deals will be as favourable for sellers

[David Bertolo @WithBertolo]

@Invested_In_You @PriceAvocado Great illustrative answer to the question 👏

[David Bertolo @WithBertolo]

@DvdndDiplomats Yes, but not due to the dividend

[David Bertolo @WithBertolo]

@hayleyinvests Laurentian Bank of Canada

[David Bertolo @WithBertolo]

Team sports are extremely beneficial to a child’s social development! Some things are learned on the playing field that simply aren’t taught in school.