Investing in real estate is a move that many are looking to make in 2022. One roadblock to this plan is the projected rise in interest rates after years of record lows and unprecedented selling booms. Hearing that interest rates are likely to rise may be enough to have some prospective investors opting to wait [...]
When buying a condo, whether it’s to live in yourself, to rent out or as an investment that you intend to flip, one significant factor to consider is the condo fees you’re committing to. These fees are not something that will be able to be negotiated or changed once you own a unit so you [...]
As the housing market continues on its upward trend this year and there seems to be an abundance of people looking for a great place to rent, as a smart investor it’s likely crossed your mind to look into the possibility of getting into the market. But is becoming a landlord really as easy as [...]
When it comes to taking on debt it can be hard to decide whether the commitment is worthwhile or not. With varying interest rates and terms like ‘good debt’ and ‘bad debt’ floating around, debt can be an intimidating thing to take on. Debt itself can be an intimidating commitment, but with a bit of [...]
When you first break into the world of private real estate investing and start looking into what being a landlord and having a rental property and tenants actually means, there can be a lot of information to consider. From getting your finances in order in order to qualify for a bank or private loan to [...]
You’ve no doubt heard the adage ‘buy low and sell high’ and while this is a great practice in the real estate market, it’s not as simple as it sounds (or realistically achievable). Timing the real estate market is a skill that even seasoned pros struggle to nail down. While there are a few things [...]
The COVID-19 crisis is impacting every Canadian and it's an unprecedented time in our history. There's the direct health scare posed by the deadly virus, of course. Then there are other real issues at play that follow. They relate to stress, anxiety and loneliness. We must all ensure we take care of our mental health. [...]
Owning an investment property can involve several processes and factors that can make the whole thing so confusing. From choosing the perfect property for your investment purchase to making sure your taxes are filed correctly, owning a rental property can be a far from simple process. It doesn’t all have to be difficult, though. When [...]
When you purchase a property as a rental unit, paying attention to Canadian tax laws becomes something of importance. Knowing which expenses you are able to claim on your taxes will help you make the most of your return and your investment. Lowering your taxable income will help reduce your tax burden, which in turn [...]
