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…
Real estate is a fantastic long term investment which makes it suitable to include as part of your family legacy. Have you ever considered what you would like to pass along to the next generation? In my case, Old MacDonald had a farm and it has been passed along from generation to generation. Passing along…
When most investors run their numbers, one thing I rarely see is enough budgeting put towards tenant turnover costs. These costs can be factored into vacancy rates, advertising costs or management fees, but usually they are on the low side in most pro forma budgets that I come across. Be sure to consider all of…
In the Real Estate Investment Network’s new Top Ontario Investment Towns Report for 2011-2015, Barrie has once again come in as the #3 town (alongside Orillia). Last week, I had the opportunity to interview Shannon Murree who is an investment focused Realtor in the Barrie area. In this brief (3min 40sec) Shannon shares her local…
One of the least popular tasks for many real estate investors is bookkeeping. Whether or not it is your cup of tea, I have a couple simple tips for automating the process so you can free up your time for some of the other tasks you like better. This system isn’t quite fully automated, but…
Welcome to the final article in this series. Today I share why outsourcing can be a great option, a couple tips for making it work, and a few sources to find the help you may need. Handing off development of your website can be a winning play. In addition I’ll tie the series together and…
We’ve kept this video under wraps until today when REIN officially announced Hamilton as the new #1 on their 2011-2015 Ontario Top 10 Investment Towns list. At the Toronto ACRE event a few weeks back, I caught up with Erwin Szeto who is best known as Mr. Hamilton to ask a few questions about Hamilton…
It is no secret that success breeds success, so to keep the proverbial ball rolling, why not pour some fuel on the fire? A great way to do this is by celebrating your wins. Whether they are big or small, reward yourself as you make progress. Continue reading “Celebrate Your Wins to Create More Success”…
This is the 2nd last article in this series, and now we get down to some of the nitty gritty details. Once your site is up and sitting pretty, you’ll be ready to tackle some more advanced topics like SEO (search engine optimization) and fine design tweaks. These are a little more technical, but the…