Category: Real estate rant

I had dinner with my family last weekend.  At the dinner conversation, my aunt was asking us how expensive it was to purchase a property in Oakville, where I live. Her friend’s daughter and niece are both in Sheridan College...

Have you sold pre-construction homes before closing on assignments? Have you wondered about what are the tax implications on selling pre-construction homes before closing? We often advise our clients to not to sell their pre-construction homes before closing if possible. ...

The US Consumer price index in September 2022 rose 0.4% and were up 8.2% from a year ago.  Core inflation rate also went up, higher than the market expected.   Why do you and I care about these numbers? The US...

I started investing in 2013.   My very first investment property was a student rental in St Catharines.  Back then, the purchase price of these properties was in the mid-$200s.  The rent for 6 bedrooms was $2,700 in total.   If you...

Earlier this week, I got the opportunity to be a panelist at an entrepreneur learning event. One of the presenters, who was a financial advisor, shared the following example (which I adapted and made some small changes): A guy borrowed...

Do you own your own home yet?  If not, are you wondering how you would be able to afford buying your first home? Are you wondering the type of tax credits and plans you can potentially take advantage of when...

Have you ever wondered how other real estate investors can consistently find cash flowing real estate properties while yours (and mine included) could barely break even? Have you ever wondered how investors using creative strategies to structure their deals (or...

Many of my clients invest with investment partners these days.  Some of them are passive partners, providing funds to fund the investment, while others are active investors, doing everything else in the business venture. There’re three common business models an...

Last week, I had the liberty to sit down with my long-time mentor, Quentin D’ Souza.  Quentin is a published author of 7 books, founder of Durham Real Estate Investment Club, and has over $120 million asset under management. We...

Have you ever suffered any losses from your rental property? A client of mine came to us with some unfortunate news. His rental property got completely burneddown. Thankfully, he was able to recover from the insurance company the replacement cost...