Category: Ideas + Articles
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NIMBYs vs Garden Suites – by John Lorinc
Here’s an odd little mystery about a freshly filed appeal by a residents association coalition of council’s new “garden suites” bylaw, which was approved by council in February. Last week, a group of seven Toronto ratepayer groups, calling itself the “Building Better Neighbourhoods Coalition,” issued a press releasesaying they would be appealing the bylaw to the Ontario Land…
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The Revival – March 2022
Greetings Friends, We again find ourselves writing from sunny Mexico. Time away with family and friends is why we focus so hard on building our investments and taking control of our financial futures. While we’re enjoying the sunshine, a ray of hope awaits us and all Ontarians, as an end to the nonsensical, divisive, oppressive…
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Rick Rule’s 5 Reasons to Buy Hard Assets
The Federal Reserve has printed $30 Trillion dollars in 30 months. More than any other time in history. As you know, low demand and high supply mean a drop in value of anything, including the dollar. The reason Robert and Kim Kiyosaki hold gold and silver is because they don’t trust the government. Today’s guest…
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Thoughts on the 2022 Real Estate Market – by Russell Westcott
What follows is a note I shared with my inner circle clients last year (Feb. 2021). Unfortunately, as another year has passed, I see this situation has not improved. The ‘lenses’ that I will be looking at this is from the perspective of Investment Real Estate; owning a property a personal residence is an entirely…
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The Almanack of Naval Ravikant – Book Summary (Blas.com)
The Almanack of Naval Ravikant by Naval Ravikant and Eric Jorgenson Summary A beautiful and more evergreen version of the incredibly deep How to Get Rich podcast Naval did in 2019 where he talks about wisdom, wealth, health, happiness, and more. Key Takeaways I only really want to do things for their own sake. That is one…
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The Bed of Procrustes by Nassim Taleb – Book Summary by Blas.com
The Bed of Procrustes by Nassim Taleb Summary Every aphorism here is about a Procrustean bed of sorts – we humans, facing limited knowledge, and things we do not observe, the unseen and the unknown, resolve the tension by squeezing life and the world into crisp commoditized ideas, reductive categories, specific vocabularies, and prepackaged narratives,…
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The Revival – January/February 2022
Greetings Friends,The new year is well underway now! I’m currently writing this edition from sunny Cabo San Lucas where I am looking at investment opportunities, and exploring the Baja with friends + family. Recently my wife Katherine joined the team as a full-time realtor! She is wowing our Toronto clients with her 5-star service and deep market knowledge.…
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How to Use Cap Rates
Written by: Paul Moore Have you ever been confused about something that should be perfectly clear? Like the ongoing mystery of semi-boneless ham: does it have a bone…or not? I think a lot of investors are confused about why cap rates on some value-add deals are lower than cap rates for similar stabilized deals. With…
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Canada’s housing market hotter than ever — and investors are playing a big role
Gravity-defying home prices are drawing more and more investor capital to Canada’s housing market, several recent reports suggest. Addressing the Ontario Securities Commission on Nov. 23, Bank of Canada deputy governor Paul Beaudry said a “sudden influx” of investors in the housing market likely helped fuel rapid price growth in early 2021. Canada’s home prices…
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The “Problem” With Housing In Canada Is Lack Of Supply! – TorontoRealtyBlog.com
For those of you who have commented in the past, “I usually skip the stats posts,” you’ll want to close Google Chrome right now. Then again, if you want to sound informed when you talk real estate at the next box social, or wherever youngsters congregate these days, perhaps have a skim. On Friday, my rather tame…