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  1. 56 minutes ago, nuckin_futz said:

    Food for thought....

     

    The owner of the Phoenix Suns of the NBA was found by an independent investigation to have behaved quite badly and is now selling the team after being forced/pressured to do so.

     

    These allegations (and they are just that at this point) are way worse than what that guy did.

    Francesco is not the owner but simply the head. Luigi is the owner, another member of the family or someone else can be appointed it it gets that bad. The team is to valuable as a write off and profit for not only this business but others as well.

  2. 1 hour ago, Canuckster86 said:

    Smart GMing by Montreal to add a 1st...they only had 250k of cap space so literally any NHL team could have gotten a 1st to take Monahan...Rangers 2.0 happening with Gorton at the helm stock piling picks and hopeully turning them into young ELC players for Montreal.

    I forgot Gorton was there. I was wondering why they made this smart move.

  3. The fact that this thread is not locked yet doesn't look good. It is mind boggling. I've had COVID at least 3/4 times now but I am rare and have a medical exemption. I am lucky where I show little symptoms except for the first time I got it in 2020. Freedom of choice should always be number 1 in our country. If you don't get the vaccination and you pass away well that was your freedom of choice. Maybe you do not get the vaccine and you have minor symptoms well that's was your choice. Maybe you get the vaccine and have an adverse reaction or maybe you are fine, but that was your choice. The consequence of getting it or not getting the vaccine is consequence enough. If you get the vaccine or not you can still catch, spread and potentially pass away. Stop Fighting and lets get on with our lives people.

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  4. 2 hours ago, PhillipBlunt said:

    Rather give Pettersson time to get the Green out of his system. Time to trade Tyler Motte.

    Motte plays with Chaisson. Trade Chaisson and see what happens. Improve the players around him and see what happens. He is only a -4 and plays some tougher minutes. LIttle offense but he is definitely contributing. 

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  5. 11 minutes ago, Warhippy said:

    Honestly, many (not all) but a large margin of real estate agents are essentially modern day used car salesmen.  Allowing an agency to police itself is insane.

     

    Reading numerous stories about federal action coming in on how canada's real estate agents and agencies conduct themselves and it's not pretty.  Realtor forcing a couple to go in $230,000 over asking because of all the offers...except their were none and the agent pocketed a massive commission.  Blind bidding, shadow flipping etc.  It's kind of insane.  Without mentioning our allowance of foriegn entities to purchase homes  wholesale from trusts and off shore accounts without ever setting foot in canada or paying taxes the same way you or i would.

    I hate these types of stories. It casts a bad shadow on the industry.

  6. 8 minutes ago, Warhippy said:

    I was looking for a lot more initially.  I held it for almost 6 years before I started the rezoning process.  2 years later I started shopping it.  3.5 years later I started the sale process.  nice and quietly.  Then my current home came up, circumstances were beyond favourable for the home we got vs the amount of work it needs when weighed against the cost.  I found a realtor with vancouver ties, put it up at a more than reasonable ask.  They offered more, I told the realtor to inform them of the rezoning issues they politely told us either sign or find another buyer.

     

    Ok cool, thanks bye and gl.  They'll still almost double their money but we found out they wanted to slap a 6 or 7 unit row home on there at a $675,000 starting point

     

    Same devloping company that created these.

     

    https://www.cheriecarpenter.ca/listings/view/304190/penticton/111-166-power-street-penticton-bc

    Yeah sounds like they wanted to get away with stealing property. I am personally glad they did not. I am a firm believer in making sure everyone gets their piece in this crazy market.

  7. 8 minutes ago, Warhippy said:

    I had tried to sell the property privately after trying to rezone it for years.  NOBODY was willing to bite due to the rezoning issues.  Trust me, it's bad.  apartments on either side, but duplex behind. No alley access that would be viable as the duplex parking area buts up to the fence and the apartment follows up directly to the back of a way to small garage which would not leave enough space for multiple vehicle passage

     

    I work(ed) with a lot of realtors and developers in my time and they all knew the risk.  I hired a person I knew with ties to a Vancouver firm and it was purchased site unseen as they thought it would be a steal and slam dunk for development.

     

    Until it wasn't.

     

    When they offered me $540,000 instead of my $480,000 asking without conditions I signed a second after the email came in and was in the office less than 10 minutes later to finalize.

    Sounds like you got out and got paid. Not a bad deal. Good for you!

  8. 5 minutes ago, Warhippy said:

    They Approached the city immediately after taking possession for rezoning.  They attempted this for almost 5 months and were unsuccessful in changing the zoning laws.  After that they listed for $1.3 million and it is now up for just over $1 million.  Essentially a $540,000 purchase which will be doubled immediately.

     

    I spoke personally to a number of developers after dealing with the city myself, they refused to touch it because they knew the property and zoning issues.  Which is why I chuckled at someone wanting it so badly.

     

    The supreme irony, is they could squeeze 3 properties on it and still make an absolute fortune of $750,000+ starting price per place as it is RIGHT downtown.  10 minute walk from the beach, 15 minute walk from the hospital, gyms and grocery stores within 5 mins as well.

     

    But everyone wants to be greedy.  

    I own a small brokerage and am licensed myself. If they are successful in selling the property without disclosure to you about what they were going to do, you could be entitled to a boat load of cash. A. Your realtor did not do their job educating themselves on the value. B)the purchase party should have made a disclosure for purposes of real estate redevelopment. Just something to keep in mind.

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