WHERE HOME PRICES HAVE BEEN RISING FAST

By: Edwin Hui

WHERE HOME PRICES HAVE BEEN RISING FAST

Tags: RISING HOME PRICES

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

Create Your Passive Income and Equity with BRRRR Method

By: Edwin Hui

Create Your Passive Income and Equity with BRRRR Method

Tags: BRRRR

. 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

Home Prices and Sales Changed One Month after Covid-19

By: Edwin Hui

Home Prices and Sales Changed One Month after Covid-19

Tags: Home Prices and Sales Changed One Month after Covid-19

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

10 Stages Of Meditation

By: Edwin Hui

10 Stages Of Meditation

Tags: meditation

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

10 Tips for Buying Your First Rental Property

By: Edwin Hui

10 Tips for Buying Your First Rental Property

Tags: Buying Your First Rental Property

  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

Basic Tax Calculation on the Sale of your Rental Property

By: Edwin Hui

Basic Tax Calculation on the Sale of your Rental Property

Tags: Capital Gain Tax

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

Buying Rental Property Vs. Investing In A REIT

By: Edwin Hui

Buying Rental Property Vs. Investing In A REIT

Tags: Buying Rental Property Vs. Investing In A REIT

      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 Parking Spot in Toronto 2019

By: Edwin Hui

Most Expensive Parking Spot in Toronto 2019

Tags: Parking Spot

        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

TOP 10 HIGHEST & LOWEST PRICE PER SQUARE FOOT CONDOS IN DTN TORONTO

By: Edwin Hui

TOP 10 HIGHEST & LOWEST PRICE PER SQUARE FOOT CONDOS IN DTN TORONTO

Tags: CONDO PRICES, LOWEST PRICE CONDOS, HIGHEST PRICE CONDOS

  TOP 10 LOWEST PRICE PER SQUARE FOOT   NO 1 519 Dundas Condos Address : 519 Dundas St W, Toronto Avg per Sq Ft : $498 +/- Per previous year : -5.51%   NO 2 388 Queen Condo Address : 388 Queen St E, Toronto Avg per Sq Ft ; $543 +/- Per previous year : NA   NO 3 Gerrard Place Condo Address : 86 Gerrard St E, Toronto Avg per Sq Ft : $544 +/- Per previous year : +25....Read More

BASIC TYPES OF MEDITATION

By: Edwin Hui

BASIC TYPES OF MEDITATION

Tags: MINDFULNESS MEDITATION, MEDIATION

Types of meditation The following seven examples are some of the best-known ways to meditate: 1. Loving-kindness meditation       With the many types of meditation to try, there should be one to suit most individuals. Loving-kindness meditation is also known as Metta meditation. Its goal is to cultivate an attitude of love and kindness toward everything, even a pers...Read More