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  1. Real Estate
    I am looking at renting out my first home, and purchasing another rental home. I opened up an account with simplii financial, that I plan on moving everything income property related over to. This seems like the most convenient thing to do for manageability. I've read some people that place...
  2. Real Estate
    Hi guys, I am looking into becoming real estate agent. A topic that comes to mind is how do you guys get leads? I know referrals can be vital in growing your clientele. How were you guys able to land your first couple leads when you were starting out? What are your thoughts about lead...
  3. Real Estate
    Do any of you use free online calculators for real estate agents? Ex: commission calculators, mortgage calculators, etc. If so, could you list what you think are the most useful ones? Any input would be greatly appreciated. Thanks! J
  4. Real Estate
    We currently have a 2 bedroom condo in Toronto. Ideally, we would like to keep our condo as we purchase a home for our growing family. Our current condo mortgages, fees, and property taxes would be covered by renting it. What are some good resources when considering on getting a second home...
  5. Real Estate
    Hello, I am married and own a home. My wife lives with me, but is not on the title of the home that we live in. I also bought a preconstruction condo which will be closing in about a month. My wife has been on maternity leave for the past 10 months so her income for this tax year is...
  6. Real Estate
    Hi, is it a good idea to invest in real estate outside of Canada? Sometime ago I once had the opportunity to deal with a certain Spanish lady who was doing something with setting up a boutique hotel in Sri Lanka. I have absolutely no clue the ownership percentage of the hotel, whether it was...
  7. Real Estate
    Hey serial investors Happy bank holiday weekend! So I am an independent consultant and after risking the security of not having a ‘full-time’ job despite having a single income family and working really hard over the last few years, I was lucky to save some money that I would like to invest in...
  8. Real Estate
    When comparing owning to renting, you have to add up all of the figures, including the cost of your home, the size of your down payment, utilities, immediate repairs, interest rates and insurance, and compare them with how much you are currently spending on rent. Of course, you also have to...
  9. Taxation
    First time poster here, just found this website and I am enjoying reading through the forums and discussions. I have a question that relates to "last minute" so to speak RRSP contributions before purchasing a home and utilizing the HBP. I am looking at buying my first home. Over the years...
  10. Real Estate
    Hello!! In real estate we know that there are a lot of strategies, some gurus say one is the best in the world and others say other strategy is better and we don´t really know which one to start doing first. Some people say Lease option agreements are the best way to start investing in real...
  11. Retirement
    I am aware that Rule #1 of a large inheritance is do NOTHING right away to avoid stupid decisions etc.. Obviously sitting down with a financial planner is also of the utmost importance, especially due to our unsophisticated investment knowledge, but I wanted to start getting a feel for things...
  12. Taxation
    Hi All - I'm currently living in the U.S. (Canadian citizen), and want to co-buy a property in Canada partially as an investment but mostly to help out loved ones. I've read that i'd be subject to non-resident tax upon sale and on any income. If I return to Canada later in life and decide to...
  13. Real Estate
    Hello, this is my first post, so I apologize if it is in the wrong section. I purchased a piece of property with someone years ago, and we had a verbal agreement that it was a 50-50 split on ownership. The actual deed is only in my name, and their name is nowhere in any official document. Now...
  14. Real Estate
    Bubble. What bubble? Toronto's soaring home prices are in line with the reality of other world cities such as New York, Hong Kong and London, says Mark Renzoni, president of global commercial real estate giant CBRE. "The market is fairly balanced. It's not being driven by foreign capital. It's...
  15. Real Estate
    I bought a starter home 6 years ago. Own over 30% (based on the purchase price-- not factoring in what it's currently worth) But recent (comparable) sales have me thinking of either: A) Selling & up-sizing--- OR B) Renting my existing property & using some of that equity (just less than...
  16. Real Estate
    Hi there, I would like to thank you for having me on your forum. The question I have pertains to investing in real estate in Phoenix, AZ, USA. (Positive Cash Flow) I'm a Canadian living in Metro Vancouver, BC and am interested in investing in some positive cash flow properties in the Avondale...
  17. Real Estate
    Being a home owner can be a joyous experience. It however comes with a lot of responsibility. Keeping your home in tip-top condition can be financially and physically tasking. If you have a reason to sell your home, maybe because you have recently acquired a bigger home to raise your now large...
  18. Investing
    I had saved up for a house, but have decided to re-locate for around 1.5 years to another country. So now I have my savings and I am looking at the best option to invest the saved up down payment which is around $100k in a Mississauga or a Milton home. Now I have seen on this board that...
  19. Real Estate
    I recently sold my Toronto condo and saved up for a downpayment on a Mississauga home. However, I am having second thoughts as I feel the price of Mississauga homes and GTA in general are overvalued. Specially with the low interest rates, the 3BR semi-detached I am looking at are around $550+ I...
  20. Real Estate
    Hi, I am planning to buy a home in Edmonton with around 4 bedrooms (bedrooms are not in basement). I want to be staying in the home and also give other bedrooms (basement is not given for rent) for rent. 1) If I stay in one room and give other THREE bedrooms (not in basement) for rent, do I...
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