Tips

The Office of the Superintendent of Financial Institutions (OSFI) has been a popular topic of discussion around dinner tables these days. Everyone is talking about the new B-20 mortgage rules that came into effect January 1, 2018. Although these mortgage rules were highly anticipated, there’s still some confusion out there, especially for those renewing their…

You visited what seems to be a thousand homes with your spouse, and you finally agreed on one! Congratulations! Now you’ll make an offer and then you will have to start to learn a new language: the language of mortgages. You probably learned a few words from your real estate agent, and when the time…

Are you considering buying a new home or investment property in the near future? Buying a home is a major investment no matter how you look at it. But for many homebuyers, it’s even more complicated and costly than it needs to be because of blind spots where they are lacking critical information. Information that…

This article originally appear in the May 2014 edition of Canadian Real Estate Magazine The cost of mortgage interest and taxes are really eating into my monthly cash flows. I want to take advantage of investment opportunities in my locality but these costs are proving too much of an obstacle. What can I do to…

There’s a reason why investing in Real Estate is the #1 millionaire-maker in the world… IT WORKS! Sure, real estate is a big investment. But remember it IS an investment. In fact, if you purchase a property strategically, it can help you generate income, tax savings and capital appreciation. Here are six proven strategies to…

OK, here’s what you need to know about dividend stocks… When a corporation earns a profit, that money can either be re-invested in the business or paid to shareholders as a dividend. Many corporations keep a portion of their earnings and pay the rest as a dividend. Since dividend stocks offer regular dividends as well as…

Instead of just working harder to make more money, why not make the money you have work harder for you. Here are four strategies to make that happen: Strategy #1: Pay another monthly bill–to yourself! With all the bills you have to pay each month, it’s tough to start a saving program. That’s why you…

With the recent drop in real estate prices, it’s the perfect time to buy investment properties. Like any other endeavor, though, there’s a right way and a wrong way to go about it. No matter whether you are a seasoned real estate investor or a first-time buyer, there are some costly mistakes that you should…