As of July 11th the Gov’t of Canada has tightened the rules on government backed mortgages. There are five major changes to the mortgage rules. 1/ No more Zero down. You will need a minimum of 5% downpayment to purchase a home. If you need to buy Zero Down you can still do so and must […]
The Easiest Way To Get Started Investing In Real Estate
This question was sent to me through our Toronto Loft Living website.So what is the easiest way to get started as a real estate investor? There is a dearth of information on investing in real estate in the media and on the internet, much of it confusing. You keep hearing about how you can buy […]
Seven Deadly Sins of Small Time Investing
We’ve all heard rumors & discussion about the inherent issues of owning income producing properties. These are the Seven Deadly Sins of Small Time Investing that that you will need to watch out for. 1/Buying outside the Bell Curve The Bell curve is in the middle it’s what most people in a city can afford. […]
Toronto Commercial Real Estate & Real Estate Investing
Interested in Investing in Toronto Commercial Real Estate or Investment Properties. This page has a number of articles and resources to further your knowledge. The Easiest Way To Get Started As A Real Estate Investor This question was sent to me through our Toronto Loft Living website. There is an excess of information on investing […]
Florida Home Estate and Tax Planning For Canadians
When planning your Florida purchase you want to also plan for the eventuality of a personal disaster, death; or necessary disposition of your home. Plus the obvious Tax implications. Probate When a property is owned by the deceased alone, the property will be subject to Florida probate. This is a legal process which allows for […]