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How to Use Buy Renovate Refinance Rent (BRRR) Strategy to Make 1.5 Million in 2 Years

We’re up north with the kids this week. My best friend, Monica, shared with me how great her experience with the YMCA Pine Crest family camp was, Erwin & I decided to sign up. We barely made the cut, as there’re only limited…
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Tax Man Doesn’t Want You to Read This Court Case

Recently, I saw a headline, “Condo flippers beware: The taxman is watching you, and has new tools at his disposal to ‘take action’” on Financial Post. It’s an interesting case as the court sided with the taxpayer’s position. …
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4 Reasons I Switched to A Fixed Rate Mortgage

If you don’t know already, the interest rate for a 4-year term mortgage was dropped to 2.95% for rental properties and 2.75% for a primary residence. I saw a few of these Facebook posts and I immediately reached out to my bank advisor.…
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4 Shocking Tax Mistakes Killing Your Real Estate Investments

Rich Dad Poor Dad is the legendary book that got both Erwin and me started in the journey of real estate investing. So, when my mother-in-law attended a Rich Dad Poor Dad workshop in Hong Kong recently, I was surprised.  In the…
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The Quickest and Easiest Guide to Understand 2019 Federal Budget for Real Estate Investors

I walked into a Rogers store this week looking for a new phone.  I had been using Blackberry KeyOne for the last year and a half.  The phone is still great, but it just doesn’t give me much flexibility doing videos. I searched…
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Why I Learned from My Mistake (And Maybe You Should Too)

I made a mistake. It’s sad but I made a mistake.  It was the last week of November. In a week or so, our family would be going on vacation in the south. Canadian winter is hard to predict.  Sometimes, you get snow in…
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The Ugly Truth About CRA HST New Housing Rebates

My dad, being the grandpa, hadn’t seen my kids for years, until last month. My kids are just three and four years old, and they don’t know any better.  When we go shopping at a store, they generally don’t ask to get anything. When…
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4 Simple Ways to Solve the Canadian Housing Issue

A few months ago, I saw a piece of artwork at Queens Quay park.  The artist was expressing the ideal of “everyone is entitled to have a place to live” through this art piece. Erwin and I are currently in Hong Kong with the kids. Yep,…
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One Tip on Startup & 5 Tax Considerations Buying a place for University Kids

We are back at the Realtor Quest this year. This is our third year at the event. It's always interesting to meet a few familiar faces and so many new faces. One realtor that I spoke with last year came up to say hi to me. He thanked…
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Case Study: 5 Lessons Learned From Lily Buying a Pre-Construction Detached Home

I guess I wrote a somewhat controversial blog post last week, causing a few comments on the Facebook. For the parents out there with young kids, I want to make this point clear – I am not opposed to free daycare. I have two young…