A bridge loan is a type of short-term financing that can help you bridge the gap between buying a new home and selling your current one. Here are some general steps you can take to get a bridge loan to buy a house in Canada: Determine if you qualify for a bridge loan: Not all lenders offer bridge loans, so the first step is to find out if you qualify. Typically, lenders will require that you ...Read More

  Depending on the circles you travel in, the word "developer" may elicit a strong reaction in you. Maybe you hate and mistrust them; maybe you see them as enterprising risk-takers improving your community; maybe you are one. (If you are one, this article is probably not for you.) Americans have strong opinions about real-estate developers as professions go, to the point where acad...Read More

Who'd have ever thought, before the pandemic hit, that real estate in the 905 would one day be hotter than it is in Toronto?  As crazy as the thought would have seemed even one year ago, here we are, in a market that's been flipped on its head and across the entire GTA — in some cases to the great benefit of people who purchased homes in the suburb...Read More

. You might have heard someone saying "BRRRR" in a seminar, investor gathering, or online. It sounds like a training method for animals but in fact, it is a popular real estate investment strategy known as the BRRRR method. Those wondering how to build wealth in real estate should consider this unique framework that represents a hybrid between active and passive income. Read on to...Read More

It’s evident that COVID-19 is having a far-reaching impact on the Canadian economy and healthcare system. Although the Greater Toronto Area (GTA) real estate market was previously gearing up for a busy spring season, policy and physical distancing measures resulting from Ontario’s state of emergency declaration put a damper on much of the expected sales activity.  The Toronto Reg...Read More

Great Description of the 10 stages of Meditation I found on the Internet.   The Novice—Stages One through Three Stage One: Establishing a Practice This Stage of meditation is about developing a consistent and diligent meditation practice. Being consistent means setting a clear daily schedule for when you’re going to meditate, and sticking to it except when there are circumstan...Read More

  Real estate has produced many of the world’s wealthiest people, so there are plenty of reasons to think that property is a sound investment. However, experts agree, as with any investment, it's better to be well-versed before diving in with hundreds of thousands of dollars. KEY TAKEAWAYS Purchasing a rental property to earn income can be a ri...Read More

There are two steams of income you would need to pay tax on (1) capital gain and (2) recapture. Capital gain This is an easy one. Let’s use an example to illustrate. Say you purchase a property for $250,000, and you sell it for $350,000 and assuming the property is bought and held. Capital gain = $350,000 – $250,000 = $100,000. In Canada, only 50% of capital gain is taxable, hence...Read More

      Enter Blog One of the most common questions I get from aspiring real estate investors is whether to buy property directly or purchase shares in a real estate investment trust, commonly referred to as a REIT. For those who aren’t familiar with REITs, these vehicles allow individuals to buy shares in companies that own real estate as their primary business activi...Read More

        Most expensive sale: Condo parking space Neighbourhood: C1 Waterfront Communities Address: 36 Blue Jays Way (SoHo Metropolitan Condos) Sold price: $85,750 Yes that's right, the most expensive parking spot sold for $750 more than the least expensive condo. Weird. This is in the same building as the SoHo Hotel & Residences just southeast of King &...Read More