Every year, I take time to reflect on key areas in both my personal and professional life that I want to improve on. Then I break those down into quarterly and monthly goals that help me focus on taking the right action steps in order to achieve success.
How can we work together? Read More »
Today I want to talk about the big “D” word…DEBT!
I find in today’s world there is so much shame and anxiety around debt.
However, when used correctly, debt can actually be your friend when it comes to building wealth.
But wait…isn’t all debt “bad”? Is there really such a thing as “good” debt?
Good Debt vs. Bad Debt Read More »
First of all, what is a Joint Venture? It’s simply an agreement joining together 2 or more parties for the purpose of executing a particular real-estate undertaking, where each party commits to performing certain duties.
Are Joint Venture Partnerships Right for Me? Read More »
Personally, this past month has been quite busy for me: we’ve been putting the finishing touches on our Hamilton flip project, preparing for the closing of our next project in Welland, and also been exploring some international investing opportunities.
Essentially, the Seller becomes a type of private lender in the deal, where the Buyer and Seller negotiate the terms of the loan (i.e. interest rate, repayment terms, etc.). The amount borrowed by the Buyer can vary: it could cover the closing costs, be part of the down-payment, or even be used to finance a majority of the property.
What is a Vendor-Take-Back (VTB) Mortgage? Read More »
In my last blog post, I shared with you some key people that I have on my Power Team, such as Realtor, Mortgage Broker, Lawyer & Accountant.
However, there are other industry experts that you should also consider for your Power Team that you may not have thought of, such as…
Building a Power Team for Success – Part 2 Read More »
Your Power Team can help you with everything from finding great real estate investing opportunities, closing on deals, working on renovations, to managing the property and tenants, just to name a few.
Building a Power Team for Success – Part 1 Read More »
Personally, I love the month of March. Not only is it filled with many family birthdays (including mine!), it’s also typically when we start to see the cold of winter melting away as we enter into the Spring season.
Spring into New Experiences! Read More »
Do you know specifically what your RRSPs are invested in? Or do you have a just a general idea, like mutual funds and stocks? Which specific mutual funds or stocks? What happens if those companies you’re invested go bankrupt?
Investing in Real Estate using RRSPs Read More »