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Track Property Management Makes Urban Living More Accessible in Hamilton

For Immediate Release - Hamilton Ontario August 2011

BriefingWire.com, 8/27/2011 -

Think of urban living, and apartment, condos are likely the first homes that come to mind. There’s a reason for this: apartments/condos are one of the fastest-growing real estate trends, thanks to their versatility, their various locations and the live-work movement. Now, thanks to rentcompass.com (http://www.rentcompass.com), Hamilton renters, are more connected to the apartments more than ever. RentCompass is the first Canadian listing service for rental properties on mobile devices. The RentCompass iPhone, iPad and Android apps are the most downloaded apps in Canada for finding rentals on mobile devices. RentCompass helps property managers tap into a valuable demographic of young professionals that uses technology and social media tools in their house hunting. “with plans to move into Hamilton rental market, RentCompass aims to be the hub of the city’s booming apartment and condo leasing market. “Track Property Managements philosophy is simple: We’ll use our passion for and knowledge of rental properties to help our clients find their dream home,” explained Track Property Management president Paul Sanders. “We live and breathe apartments. So now we’re asking Hamilton to let our obsession translate to investors and renters finding their ideal property.” “Hamilton’s rental market is very active,” stated Samir Al-Battran, of rentcompass.com. "Track Property Management has a clear vision and uses innovative technologies to offer their customers effective and excellent service. We are pleased to feature Track Property Management's listings on RentCompass and look forward to a long term relationship that boosts our presence in the Hamilton region." “www.rentcompass.com and www.trackpropertymangement.com gives apartment owners a highly visible place to list their properties and find leasers or renters who are exclusively interested in matching their interest.”Property owners can list their Hamilton area apartments for rent with Track Property Management. The process is quick, and the Track team encourages Hamilton investors and landlords to take advantage of the new resource that Track Property Management is offering. “The Track team is excited to bring our apartment listings and resources to our hometown of Hamilton,” concluded Paul Sanders. “We invite anyone interested in Hamilton living or investments to check out either www.trackpropertymangement.com or contact us for more information about the vast services we offer.” About Track Property Management Backed by full-service, high-energy sales and marketing team, Track Property Management specializes in rentals of various properties in Hamilton and throughout Niagara Regions. The Company uses www.rentcompass.com as part of a comprehensive strategy to help, investors and renters reach their goals. In the future, www.trackpropertymangement.com plans to expand into other large metro areas, including Toronto, Mississauga and much more. To learn more, visit http://www.trackpropertymanagement.com Contact: Paul Sanders www.trackpropertymanagement.com Tel:1-866-539-5082 Fax: 1-888-669-5544 properties@trackpropertymanagement.com

BriefingWire.com, 8/27/2011 - Think of urban living, and apartment, condos are likely the first homes that come to mind. There’s a reason for this: apartments/condos are one of the fastest-growing real estate trends, thanks to their versatility, their various locations and the live-work movement. Now, thanks to rentcompass.com (http://www.rentcompass.com), Hamilton renters, are more connected to the apartments more than ever. RentCompass is the first Canadian listing service for rental properties on mobile devices. The RentCompass iPhone, iPad and Android apps are the most downloaded apps in Canada for finding rentals on mobile devices. RentCompass helps property managers tap into a valuable demographic of young professionals that uses technology and social media tools in their house hunting. “with plans to move into Hamilton rental market, RentCompass aims to be the hub of the city’s booming apartment and condo leasing market.

“Track Property Managements philosophy is simple: We’ll use our passion for and knowledge of rental properties to help our clients find their dream home,” explained Track Property Management president Paul Sanders. “We live and breathe apartments. So now we’re asking Hamilton to let our obsession translate to investors and renters finding their ideal property.”

“Hamilton’s rental market is very active,” stated Samir Al-Battran, of rentcompass.com.

"Track Property Management has a clear vision and uses innovative technologies to offer their customers effective and excellent service. We are pleased to feature Track Property Management's listings on RentCompass and look forward to a long term relationship that boosts our presence in the Hamilton region."

“www.rentcompass.com and www.trackpropertymangement.com gives apartment owners a highly visible place to list their properties and find leasers or renters who are exclusively interested in matching their interest.”Property owners can list their Hamilton area apartments for rent with Track Property Management. The process is quick, and the Track team encourages Hamilton investors and landlords to take advantage of the new resource that Track Property Management is offering.

“The Track team is excited to bring our apartment listings and resources to our hometown

of Hamilton,” concluded Paul Sanders. “We invite anyone interested in Hamilton living or investments to check out either www.trackpropertymangement.com or contact us for more information about the vast services we offer.”

About Track Property Management

Backed by full-service, high-energy sales and marketing team, Track Property Management specializes in rentals of various properties in Hamilton and throughout Niagara Regions. The

Company uses www.rentcompass.com as part of a comprehensive strategy to help, investors and renters reach their goals. In the future, www.trackpropertymangement.com plans to expand into other large metro areas, including Toronto, Mississauga and much more. To learn more, visit http://www.trackpropertymanagement.com

Contact:

Paul Sanders

www.trackpropertymanagement.com

Tel:1-866-539-5082

Fax: 1-888-669-5544

properties@trackpropertymanagement.com Read more at www.briefingwire.com

 

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Hamilton Is Really Going Green More Funding

As the city transforms from Steel Town to Green Town the changes are amazing. Investors and Government funds pouring into Hamilton are reaching massive amounts. Our City is still running at full speed in various areas such as Health Sciences the largest employer now, along with the going Real-estate Markets. Once again proving that Hamilton is truly in the minds of investors from around the world.

Amplify’d from www.900chml.com

Careport Centre to make transformation Jay McQueen 8/24/2011 The federal government is helping McMaster University transform the Careport Centre on Longwood Road. 11.5 million dollars from FedDev Ontario's Prosperity Initiative will aid in the creation of the McMaster Automotive Resource Centre. MARC, as it'll be known, will allow the university to accelerate automotive research and help put southern Ontario at the forefront in the development of green automotive technologies. McMaster President Patrick Deane says the project is a symbol of the university's commitment to the economic redevelopment of the community. The total cost of the centre is 26 million dollars and it is expected to employ between 120 and 150 people. Read more at www.900chml.com

 

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First film footage of remote Amazon rainforest tribe

URL:  http://www.bbc.co.uk/news/world-latin-america-12360013

Note: Read the translations for wise words.

An isolated tribe living in the Amazon rainforest on the Brazil-Peru border has been filmed for the first time.

Jose Carlos Meirelles, of Funai, said his government agency needs proof of the existence of "uncontacted" Indian communities in Brazil due to the threat posed by illegal logging and mining. They are known as "uncontacted" because they have only limited dealings with the outside world.

The BBC was allowed to film from 1km away using a stabilised zoom lens. More photographs of the tribe can be found here. http://www.bbc.co.uk/news/science-environment-12325690

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Turning Electrical Goods Into Pure Gold

Amplify’d from gizmodo.com

Did You Know You Could Rip Apart Your Computer and Melt the Circuit Boards for Gold?

Gold is like so in right now. And not even just for jewelry! I mean, it's over $1900—that's big money making opportunity. So it's not that bat-shit crazy to melt your electronic circuit boards and tear apart your phone to create a gold nugget, right?

That's exactly what Jem Stansfield did. He cut apart his old computer circuit boards and ripped his old phone apart (there's gold in the SIM card port and numberpad) and then poured concentrated nitric acid (which dissolves a ton o' stuff) all over it. It didn't get rid of everything so he went bold: he used a concoction of acid to make all the gold disappear. A sorta reverse methodology. Once it turned to this disgusting black milky liquid, he added A LOT of super scientific powder to get gold and then blasted it with intense heat to make it shine once again. All that work and he made this:

Full size I'm not about to suggest you take all your old computers and do the same but WE SHOULD ALL DO THE SAME THING. It's the modern day gold mining, people. Don't be left behind when I'm rolling the dough of multi-thousand dollar bills. Sure, you might melt your hand off with all that acid but gold! Gold! GOLD! Watch the entire video of what Jems Stanfield did here.[BBC]

See more at gizmodo.com

 

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Growing Your Business Basics of networking

Amplify’d from sbh.hotfrog.com.au

For any small business owner, networking is a major part of the job. Creating mutually beneficial relationships with likeminded business people can bring you support, new opportunities, friendship and referrals. In fact, word-of-mouth referrals are the most effective way for small businesses to find new business.

Now, just walking up to a stranger and talking about your small business isn't something every owner is comfortable with. Even at specific networking events some people just don't like engaging in these social situations. With a little practice though, networking can become a painless and enjoyable experience.

12 tips to become a successful networker

Establish some simple goals before you arrive. You're going to be nervous if you're not sure why you're there. If the goal is, 'make two new connections,' you should be able to achieve this easily.

While you should focus on networking activities every week, there's no point in overdoing it. Taking part in 10 a week is too much. Building strong relationships takes time -- no need to rush into things.

You don't have to network at strict industry events. Once you have made the connections, set meetings over lunch, on the golf course or during after-work drinks.

Get to know people who have an extended network already. This can save you time building up your own. Don't take all their contacts, but let them introduce to the people who can be the most help.

Keep in touch with former co-workers and ex-employees. People you've done business with have their own networks and these connections can yield unexpected opportunities.

If you're on your way to a network meeting, try to arrive a little early. No one likes entering a room of strangers staring at them. Plus, it's easier to start a conversation when the room isn't packed.

Know more than just facts or stories relating to your business and industry. Keeping up-to-date with news, current affairs and sharing other interests makes it easier to start a conversation and keep it going.

If public speaking doesn't faze you, consider volunteering to speak at a networking event. People will know who you are and approach you.

Remember to bring enough business cards. It doesn't look very professional if you can't produce one after someone hands you theirs. You can meet a lot of people at these events, so you want them to remember you.

In conversation ask open ended questions. Nothing stops a conversation like a one word answer. 'How did you get started in your line of work?' or 'What advice would you give to someone starting out in the field?' will give you a response that allows you to start a conversation.

Follow through on any promises you make. Send through any promised info via email or follow up a referral given.

The most important thing though, is to participate. Be prepared to share your thoughts, experiences and knowledge. People respond to this and it will lead to fruitful business relationships.

Basics of networking Read more at sbh.hotfrog.com.au

 

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Strategic alliances - join together for greater publicity

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Another side of publicity

When businesses owners think of the word publicity or public relations, they tend to think only of publicity achieved through exposure in the various forms of media, including radio, TV and newspapers.  But in fact, publicity is far wider reaching and includes online publications, blogging, deals and offers, social media, word of mouth, newsletters to your database, networking and many other aspects – basically anything that puts you out there providing useful news and information on your industry or area of expertise. In other words, it gets you known.

The reality is that nobody can do business with you if they don’t know you exist. Publicity works to solve that problem – it's the umbrella term that describes all the activity you can do to get yourself and your brand known. Publicity is free (or low cost) because it’s quality information sharing for the benefit of the audience and in turn, builds your brand and gets your business or identity known. It builds expert status. Introducing "Strategic relationships" and how to form one

In this post, I would like to discuss the concept of forming strategic relationships with related businesses to build awareness for your brand. The great thing about forming mutually beneficial alliances with other businesses is that they allow you to share costs and time, and give you access to a greater (shared) audience.

The first step to creating a successful strategic alliance is to choose a business that has a similar client base as you, but are not a competitor to your business. So, for example, that may be a mortgage broker if you are a real estate agent.  Then, how you move forward is completely dependent upon your shared resources and individual objectives. Here are some ideas:

Pool your resources to create a competition or event – because it is both of you now, there will be greater incentive for your shared audiences to take part.

Contribute to one another’s blogs or newsletters as a guest author. This will give you access to each other’s audience too for wider reaching results.

Consider whether their products or services are directly complementary to your own. Then you may offer a discount or two-for-one offer for each purchase of the “package.”

How else can you help one another from a practical point of view, for example, can you offer personnel, machinery or shortage space in return for something else your business does not have?

Advertising campaigns and direct mail-outs will cost less if you both take part.

Are competitors really competition?

I wanted to make a note here about competitors.  Don’t necessarily overlook competitors in your strategic alliance considerations.  They could be your greatest source of business! This is why. You may have a competing business that specialises in a slightly different field in the same industry, or appeals to a slightly different clientele. The difference might be the age group or their price point might differ. This is another reason to be entirely clear on your niche before you set out in business. Even if your competitor offers exactly the same product or service, it may be worthwhile considering an informal referral agreement, if one or the other of you is not able to service a client for one reason or another (i.e. not having the physical capacity).

Be creative in your strategic alliances and open to all possibilities. You never know where these relationships might lead. Read more at sbh.hotfrog.com.au

 

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CHCH switches to digital today

Amplify’d from www.thespec.com

In a move that will catch some viewers by surprise, CHCH TV is switching broadcast operations from analogue to digital Monday at 9:30 a.m. two weeks ahead of its deadline.

The switch — mandated for most of Canada’s broadcasters by the Canadian Radio-television and Telecommunications Commission (CRTC) — won’t affect most viewers who receive the station’s signal via cable or satellite TV. But viewers who rely on rabbit ears or a home antenna will not be able to receive the channel without a digital tuner (found in newer TV sets or purchased separately).

All major Canadian TV stations are required to switch to digital broadcasting by Aug 31. The move will improve signal and image quality, allow for high-definition broadcasts, and free up valuable segments of the airwaves for other uses.

For more information go to: chch.com/index.php/digitaltv Read more at www.thespec.com

 

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Goderich tornado

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11 Questions for Determining if You Need a Property Management Firm

Amplify’d from www.managemyproperty.com

While every investors situation is different, there are certain scenarios and factors that typically pre-dispose owners one way or the other. The following questions are designed to help you determine if you should consider hiring a property manager.

property

1. How far do you live from your rental property and how frequently can you visit the property on a regular basis?

1. How far do you live from your rental property and how frequently can you visit the property on a regular basis?

2. How do you deal with stress? Do you consider yourself to be a tolerant person?

temptation

If you are close you may be able to make the regular visits required for maintenance, inspections, collections, etc., otherwise the further you live the higher your travel time and expenses will be. The larger the distance the more temptation there is to not keep a close eye on things, and that can be a recipe for disaster. You should plan making monthly scheduled visits and there is always the potential for a middle of the night emergency call that requires your immediate attention. In the long run, is this feasible for you?

If you are close you may be able to make the regular visits required for maintenance, inspections, collections, etc., otherwise the further you live the higher your travel time and expenses will be. The larger the distance the more temptation there is to not keep a close eye on things, and that can be a recipe for disaster. You should plan making monthly scheduled visits and there is always the potential for a middle of the night emergency call that requires your immediate attention. In the long run, is this feasible for you?

If you are close you may be able to make the regular visits required for maintenance, inspections, collections, etc., otherwise the further you live the higher your travel time and expenses will be. The larger the distance the more temptation there is to not keep a close eye on things, and that can be a recipe for disaster. You should plan making monthly scheduled visits and there is always the potential for a middle of the night emergency call that requires your immediate attention. In the long run, is this feasible for you?

This is a tough one. We all like to think of ourselves as level-headed and even-keeled, but at the end of the day it takes a special kind of person to deal with the ups and downs of property management. Behind the seemingly simple task of collecting rent every month lie a number of unpredictable problems can push people to their limits. Ask yourself how you would react in the unfortunate event that tenants:

Get in fights with other tenants or neighbors

Have domestic disputes

Conduct illegal business in the dwelling

Carry on all night parties and revelry

Try to sneak extra people or animals into the home

Decide to sue you

Trash the property

Incite the wrath of the HOA because of repeated deed restriction violations

Refuse to pay rent because they are a "professional tenant" and know how to work the legal system for the maximum amount of free housing at the owners expense?

3. Are you currently overwhelmed with your property(s)?

Managing rental properties can become quickly overwhelming, even for experienced investors. There is always something going on that requires attention and it takes very little time for things to get out of hand. Hiring a property manager can provide an opportunity to regain control and restore stability to both your properties and possibly life in general.

4. How many rental properties or units do you have?

As your portfolio grows so do the management challenges, and it becomes easier for things to fall through the cracks. Investors with large portfolios stand to reap significant benefit by leveraging the efficiencies a property manager can provide. Size can also constrain investors' ability to consider purchasing new properties if they're already maxed out managing their current holdings.

5. How much experience do you have with maintenance and repairs?

If you can't do it yourself, do you know who to call? Finding reliable handymen and contractors can take a while and in the mean time you may unknowingly hire people that are unethical, uninsured, do poor quality work, over charge etc. Maintenance and repairs are a significant component of land lording and if you question your ability to ensure the work is done well and in a timely manner, you might want to consider hiring a property management company.

6. How quickly are you able to get your unit rented?

Advertising, fielding calls, and showing the unit can take a considerable amount of time, but are critical tasks as vacancies will quickly eat into your profit margins. If you question whether you have the skills or the time to make this happen, OR if you have historically had an unacceptably high vacancy rate, you may want to consider hiring a property management company.

7. Are you capable of handling the accounting and record keeping for your property?

From profit and loss statements to tax deductions, this area needs special attention and becomes an increasingly larger burden for larger portfolios. Some owners (especially those with a back ground in finance) will do just fine, others may opt to hire an accountant to help with the book keeping. If you feel like this might be a weak point you might want to consider hiring a property management company.

8. Are you willing to be on call 24/7/365?

Its important to answer this question honestly, because when an emergency happens at your property you can't ignore it. Your special event, important meeting, vacation, or personal crisis doesn't relieve you of your obligation to your tenant. These emergencies don’t happen all the time, but when they do you have to be willing to handle them immediately. Can you handle being called at 2 in the morning to fix someone's overflowing toilet?

9. Are you willing to confront tenants about late payments and if need be evict them from the property?

Many new owners dislike feeling like the bad guy and try to be understanding by making exceptions. The problem is that this only invites additional abuses and excuses by tenants. Late payments must be dealt with immediately, and while sometimes a friendly reminder is all that’s needed, other times, it can be a very confrontational process ending in eviction. Unlike running a charity, running a successful rental business means enforcing the rules even it means evicting a single mother who lost her job and won’t be able to pay rent anytime soon.

10. How well do you understand the laws governing land lording?

Ensuring the property is run in accordance with the law is critical in both preventing lawsuits and shielding yourself from liability if you are sued. Familiarity with contracts is also very important as your rental agreement is the only binding agreement between you and the tenant.

11. From a financial standpoint, is managing your property the best use of your time?

Ultimately, your decision to hire or not hire a management company should hinge on whether or not it is a good fit with your lifestyle and makes sense financially.  Individual investors will have to assess the opportunity cost of both options based on their unique circumstances. Read more at www.managemyproperty.com

 

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What Are The Benefits of Using a Property Management Company?

Amplify’d from www.managemyproperty.com

A competent property manager can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold.  Here are a few ways that a good property manager earns their keep:

Higher Quality Tenants

Think of tenant screening as the moat and draw bridge around your castle. It is certainly possible to get a bad tenant out of your home once they are in, but it’s a real hassle and you are so much better off never accepting them in the first place. A thorough screening process results in reliable tenants that:

Pay on time

Rent longer

Put less wear and tear on the unit

Generally cause less problems

An experienced property management company has seen thousands of applications and knows how to quickly dig for the real facts about candidates and analyze that information for warning signs. By allowing a management company to handle the screening, you will also be shielding yourself from rental scams directed at owners, and discrimination lawsuits resulting from an inconsistent screening process. This kind of experience takes time, and insomuch as it means avoiding bad tenants, scams and lawsuits it is arguably one of the most significant benefits a property management company will provide.

Fewer costly and time consuming legal problems

Veteran landlords know it only takes one troublesome tenant to cause significant legal and financial headaches. A good property manager is armed with the knowledge of the latest landlord-tenant laws and will ensure that you are not leaving yourself vulnerable to a potential law suit. Each state and municipality have their own laws, these plus federal law cover a number of areas including but not limited to:

Tenant screening

Safety and property conditions of the property

Evictions

Inspections

Lease addendums

Terminating leases

Handling security deposits

Rent collection

Avoiding a single law suit can more than pay for the property management fees, and spare you time and anguish.

Shorter vacancy cycles

A property manager will help you perform three critical tasks that affect how long it takes to fill your vacancies:

Improve and prepare the property for rent - A property manager will suggest and oversee cosmetic improvements that maximize revenue.

Determine the best rent rate - Too high and you are stuck waiting, to low and you’re losing money every month the tenant is in the unit. Determining the optimal price requires knowledge of the local market, data on recently sold comparables, and access to rental rate tools.

Effectively market your property - An experienced property management company has written hundreds of ads and understands what to say and where advertise in order to get a larger pool of candidates in a shorter period of time. Additionally because of their volume they can usually negotiate cheaper advertising rates both online and offline. Lastly, they are familiar with sales and know how to close when they field calls from prospects and take them on showings.

Better tenant retention

While its easy to see the effects of lost rent, there are other equally serious problems with a high tenant turnover rate. The turnover process involves a thorough cleaning, changing the locks, painting the walls and possibly new carpet or small repairs, not to mention all the effort associated with marketing, showing , screening and settling in a new tenant. This is a time-consuming and expensive process that can often be averted by keeping tenants happy and well cared for.

A good property management company will have a time-tested tenant retention policy that ensures happy tenants with lengthy stays in your properties. These kinds of programs require a consistent, systematic approach, which is where a good property management company will shine.

Tighter rent collection process

The way you handle rent collection and late payments can be the difference between success and failure as a landlord. Collecting rent on time every month is the only way to maintain consistent cash-flow, and your tenants need to understand this is not negotiable. By hiring a property manager, you put a buffer between yourself and the tenant, and allow them to be the bad guy who has to listen to excuses, chase down rent, and when necessary, evict the person living in your property.

If you let them, your tenants will walk all over you. They have to be trained to follow every part of the lease or deal with the consequences. Property managers have an advantage because tenants realize that they, unlike the owner, are only doing their job and are obligated to enforce the lease terms. Many property managers will tell you that it is considerably easier to manage other people's units rather than their own for this reason.

Regarding evictions, there are strict laws concerning the eviction process, and doing it wrong, or trying to evict a "professional tenant" can be a MAJOR fiasco. A good property management firm knows the law and has a good process for obtaining the best possible outcome given the circumstances. Never having to handle another eviction can be a compelling reason to consider hiring a property management company.

Assistance with taxes

A property management company can help you understand which deductions you can claim, as well as organize the necessary forms and documentation to make those claims. Additionally, the property management fees themselves are also tax deductible.

Lower maintenance and repair costs

Good maintenance and repairs keep tenants happy and preserve the value of your investment which make them a very important part of land-lording. By hiring a management firm you gain access to both their in-house maintenance staff, as well as their network of licensed, bonded and insured contractors who have already been vetted for good pricing and quality work. This can translate into significant savings compared to going through the yellow pages and hiring a handyman yourself. Not only is the firm able to get volume discounts on the work, they also know the contractors and understand maintenance issues such that they are capable of intelligently supervising the work.

Increase the value of the investment

Preventative maintenance is achieved through putting systems in place that catch and deal with maintenance and repair issues early on, before they grow into larger more costly problems. This requires a written maintenance check program, detailed maintenance documentation and regular maintenance visits. The management firm can also offer you suggestions and feedback on upgrades and modifications, both how they will affect the rent you can charge, as well as their impact on maintenance and insurance.

Personal benefits for owners

Less stress - Avoid having to deal with middle of the night emergencies, chasing down rent, evicting people from your property, tenants who wreck your property, rental scams, lousy vendors, piles of paperwork.

More freedom - Live and invest wherever you want with the constraint of needing to be near your properties. Additionally you can live and travel without the requirement of always being available in the event that your tenants have a need you have to tend to. Once you have found a good management company, it doesn’t matter if you live in the same state. Some landlords live in other countries and simply collect their check every month without ever seeing the property.

Free up more of your time - Time is money, and for many investors, their time can be more profitably spent in areas other than servicing their properties. When you focus on asset management you’re working ON your business, when you manage your own properties you work IN it. Additionally you have more time to spend with family or friends doing things you enjoy.

A final thought

Of course, this is an ideal scenario.  These results can only be expected if a management company is competent, trustworthy and a good fit for your property.  A poor choice of a management company can produce many headaches of its own. Read more at www.managemyproperty.com

 

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Target of Facebook hit fatally shot

Amplify’d from news.ca.msn.com

Police: Target of Facebook hit fatally shot

PHILADELPHIA - A Philadelphia man was gunned down hours after a judge upheld felony charges against his ex-girlfriend, who was accused of offering $1,000 on Facebook for someone to kill him. But with the teenager who allegedly took the bait already in custody, investigators said Tuesday they aren't sure why the man was killed.

Philadelphia police homicide commander Capt. James Clark speaks during a media availability Tuesday, Aug. 16, 2011, in Philadelphia. A Philadelphia man whose former girlfriend allegedly offered $1,000 on Facebook for someone to kill him has been gunned down hours after a judge upheld felony charges against his ex and the teen who allegedly offered to kill him. Police say 22-year-old Corey White was shot Monday evening in West Philadelphia, but investigators aren't sure why he was killed. (AP Photo/Alex Brandon)

Corey White, 22, was shot once in the chest Monday night on a West Philadelphia street, authorities said.

Homicide investigators said White got into an argument with the occupants of a brown car and a man got out of the vehicle and shot him.

"There are a couple of other theories out there," Capt. James White said.

A few hours earlier, a municipal judge had approved charges including murder solicitation against White's girlfriend, 20-year-old London Eley of Philadelphia, and murder conspiracy and weapons charges against 18-year-old Timothy Bynum of suburban Darby.

Eley's attorney said at Monday's hearing that his client was merely venting about an argument she'd had with her ex-boyfriend and had no intention of following through.

"I will pay somebody a stack to kill my baby father," Eley wrote in a post this spring, according to a police affidavit.

"Say no more ... what he look like ... where he be at ... need that stack 1st," Bynum wrote back, police said.

A "stack" is $1,000, investigators said.

"When you do it on a computer, you are putting it out there for the whole world to see and memorializing it," defence attorney Gerald Stein said. "Unfortunately, it sort of magnifies the anger."

Prosecutors countered by saying Eley wasn't joking about the hit in the original post.

Bynum's lawyer, Lopez Thompson, said Tuesday that Bynum's family is devastated about White's death. Thompson insisted his client had no intention of killing White when he responded to the Facebook message and had nothing to do with White's shooting.

The Philadelphia Inquirer first reported White's death. Read more at news.ca.msn.com

 

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