Dimitri K

U of T Alumni

[Dimitri K @dimitrikyria]

@ronmortgageguy Hi Ron, I’m invested in 2 Greybrook projects

[Paul Bissonnette @BizNasty2point0]

You guys up? You ready to get this Canada?
Let’s have a day folks. 👊🏼

[The White House @WhiteHouse]

BREAKING: The Trump Administration announces the 2025-2030 Dietary Guidelines for Americans, putting REAL FOOD back at the center of health. 🇺🇸

https://t.co/tkGF01onpm

[Dimitri K @dimitrikyria]

@Historian_Matt @CP24 Of course it’s a 905 renter giving opinions 🤡

[James DiNicolantonio @drjamesdinic]

If this was your weekly grocery list:
• 2 cartons of eggs
• 4 grassfed steaks
• 3 lbs of ground beef
• 2 bags of lettuce
• 1 whole chicken
• vegetables of choice
• 8 avocados & berries
• 2 large Greek yogurts

You would weigh less each time
you went to the grocery store.

[Dimitri K @dimitrikyria]

@GuyDealership In Canada, on-site workplace vacancy is still around 47%. Meaning everyone is driving half as much as pre-2020 levels. Half the annual mileage = keep your car longer, less maintenance, less repairs.

[Nick Gerli @nickgerli1]

The Airbnb collapse is real.

Revenues are down nearly 50% in cities like Phoenix and Austin.

Watch out for a wave of forced selling from Airbnb owners later this year in the areas hit hardest by the revenue collapse.

[Elon Musk @elonmusk]

Every parent should watch this

[Jesse @ Kleine Real Estate Team @jesse_kleine]

Listen up real estate bears

I’ve got the trade of the year for you.

US home builder stocks are up 43% the last 3 months.

Since you KNOW the market is going to crash this year

All you have to do is take a short position.

Send me screenshots of your positions. Thank me later!

[Adam Chernoff @adamchernoff]

Sportsbook accounts will fill bettors Twitter feeds with consensus reports this weekend.

Ticket Count.
Bet Percentages.
Sharp/Square Action.
RLM.

These tweets are sent to provoke bets. But, they can be incredibly misleading.

Here is a thread with a few examples why...🧵

[Dimitri K @dimitrikyria]

@Millenial_Joker @evrthngmstgo @realMarcinJ @StephenPunwasi @federalreserve @bankofcanada Also, FYI that mortgage interest is deductible on rental income. So if you pump the interest to oblivion, I pay less taxes on my income. Nice one, Joker 👍🏻

[Dimitri K @dimitrikyria]

@Millenial_Joker @evrthngmstgo @realMarcinJ @StephenPunwasi @federalreserve @bankofcanada You do know that every time rates go up, so does rent. So those of us with investment properties will just increase rent when possible to cover additional interest hike. Or, lock in fixed now for 5 years knowing that rental income covers costs. Why would we ever sell?

[Dimitri K @dimitrikyria]

@LaneyDePape @TheShaun82 @guy_investment @StephenPunwasi What is there to revisit? I don’t understand. Can your further explain the problem with Rental Income covering costs of investment property? If I locked in to a 5 year fixed rate today, the costs are still fully covered. So I’m not quite sure what’s to revisit?

[Dimitri K @dimitrikyria]

@LaneyDePape @TheShaun82 @guy_investment @StephenPunwasi Or continue to make a paycheque from the rental income, write off the interest on payment, write off any home improvements against the income, and have a paid off property in Toronto that’s worth more than what I paid for it 6 years ago 🤷🏽‍♂️

[Dimitri K @dimitrikyria]

@TheShaun82 @guy_investment @StephenPunwasi Or actually in reality, the rental income that covers all expenses + cash flow leaves me with a fully paid off property in 15-20 years that only cost me a down payment, which was only 20% of value. So what debt?

[Dimitri K @dimitrikyria]

@Millenial_Joker @evrthngmstgo @realMarcinJ @StephenPunwasi Consequence that won’t happen. Speaking to many people in my demo (29-34) and nobody that spent last 10 years saving to buy their first house, then re-fi’d to buy multiple investment properties will keel over and sell. Many lifestyle changes/sacrifices before selling a property

[Dimitri K @dimitrikyria]

@TheShaun82 @guy_investment @StephenPunwasi Why would we regret not selling?

[Dimitri K @dimitrikyria]

@Millenial_Joker @evrthngmstgo @realMarcinJ @StephenPunwasi @bankofcanada @federalreserve Are you insinuating that the rates should rising until anyone who bought a house in last 3 years is squeezed into selling at a loss?

[Dimitri K @dimitrikyria]

@guy_investment @StephenPunwasi Agreed! Selling a property as a result of this squeeze is NOT one of the alternatives.