If you ask people why they invest in real estate, one of the top answers you’ll get is freedom. Contrary to this driving force of wanting more freedom, many investors self-manage and end up instead limiting their own freedom. In my article Building Your Real Estate Investment Team – Part 7: Selecting a Property Manager,…
Many people choose to distance themselves from investing because they are “not numbers people”. Unfortunately for them, we all use money in life and some basic math skills are a necessity to succeed financially. The good news is that the applied math involved in the basics of investing is simple. There is no algebra or…
This weekend I attended a Multi-Family Investing Bootcamp organized by The Real Estate Investment Network (REIN) and started to learn about how to acquire, manage and exit multi-residential properties. One of the key takeaways for me was the rule of 150 which I will explain here. There are some differences in the way single family…
It’s been about 5 years since I first read Napoleon Hill’s Think and Grow Rich at the recommendation of a successful mentor when I was still a University student at Laurier. Widely considered to be the Bible of personal achievement, this book was a good starting point for my journey towards success in the real…
When you first buy a rental property or an existing tenant moves out, you’ll need to get the unit “rent ready” to welcome your next tenant. The first impression of the tenant is important – you want them to know they have a landlord who cares. By getting the property rent ready for each tenant…
Multi-family buildings come in many shapes and sizes from 6 units to 600+ units. However, no matter what the size, success falls into a 4 step system to successfully buy, own and profitably exit a Multi-Family property. The following is a guest post by Don R. Campbell; best selling author, and President of The Real…
The real estate bubble that started at the turn of the millennium was the greatest we’ve seen in the past 120 years. As the saying goes, “the bigger they are, the harder they fall” and this is why we’re still seeing the effects today. In hindsight we can shed some perspective on this last bubble…
Since a 2007 amendment to the Ontario Municipal Act, cities such as Hamilton, London, Missisauga, Oshawa, and Waterloo have all introduced some form of rental licensing. Some have already done so successfully, and others are still in the process. As someone who invests in KWC, this concerns me, but regardless of where you live or…