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6 Simple Ways to Create Freedom that Works for Real Estate Investors

I had a rare and candid business conversation with my dad and Erwin one night. He asked us about our numbers and how our businesses are structured. He was fascinated that we could be away for two weeks while our businesses are still running…
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The Danger of Reporting Multiple Years of Losses

A couple of months ago, I met with a real estate investor for an initial consultation. As part of the process, I asked him what his long-term goals are.  He said, “I would like to give up my job one day to volunteer full time and give…

7 Land Development Tips for Real Estate Developers

It takes some courage to say no.  Sometimes, it may mean saying no to potentially some good money and a lot of fun. One of my best friends is an accountant (surprise, surprise! LOL). For years, I would share with her what I do with…
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Tax Implication for Giving Incentives to Attract Tenants

If you read news, you would have noticed the massive coverage on the recent ruling against the Former USA gymnastics doctor Nassar.   If you don’t know already, he sexually assaulted and molested girls that were on the USA Olympic team.…
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8 Factors to Consider Before Becoming a Commercial Plaza Landlord

I used to do property management for a few commercial plazas. They are mostly located outside of Toronto.  One of them happened to be in Burlington. Because the operation was small, I did everything.  From rental contract, real estate…