Category: Ideas + Articles
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Toronto home buyers are getting awful real estate tips from their clueless parents – by Jack Landau
Millennial and GenZ homebuyers are known for their reliance on the “bank of mom and dad,” but sometimes this financial assistance influences young newcomers to Toronto’s cutthroat housing market to put a bit too much stock into the opinions of their beloved parents. It’s got to be hard to say no to the people who raised you, especially if…
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No relief in 2022: Experts’ predictions for Canada’s housing market – by Clayton Jarvis
People have been calling Canadian real estate’s upward trajectory “unsustainable” for almost a decade now. But if a global pandemic, followed by a recession, followed by more pandemic hasn’t been enough to cool the market, it’s fair to wonder when conditions will change enough to give homebuyers some hope in the face of dwindling inventory…
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4 Misconceptions People Have About Buying Investment Properties by Don Wede
Who me? Invest in real estate? I can’t imagine buying investment properties! Regrettably, you may miss your chance to provide a comfortable retirement for yourself because of myths that have convinced you real estate investing isn’t for you. We’re here to let you know; anyone can invest in real estate. To that end, we will…
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Land Development Is Easier Than You Think by Darcy Marler
In talking to other real estate investors, most of whom specialize in flips, rentals or BRRRR’s, there is a sense out there that land development isn’t something for them. That it is too hard, takes too long, costs too much money, that you need construction experience or that it is only for the ‘Big Boys’.…
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Sky-High Development Charges: One of the major reasons why affordable housing in the GTA is becoming extinct! -by Felix Vortsman
In fact in cities like Toronto, development charges alone make up approximately 27% of the cost to build a brand new housing unit. That’s insane!And these fees are paid before even putting a shovel into the ground or buying land to build on or the cost to construct any new housing units!A better question to…
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MORTGAGE DECISIONS FOR INVESTORS – 5 YEAR FIXED OR VARIABLE?? – by Arlen Dahlin
I have been asked this question soooo many times.HISTORICALLY, IS IT FIXED MORTGAGES OR VARIABLE RATE MORTGAGES THAT HAS SAVED BORROWERS THE MOST IN INTEREST EXPENSE?Answer: Variable rate mortgages.I have ALL my single-family property mortgages on variable rates, I have done so for as long as I can remember.Why? See answer above. The facts are…
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MASSIVE INFLATION & ITS EFFECT ON REAL ESTATE – BY: ANDY M TRAN
On October 22, Jack Dorsey, CEO of Twitter and Square tweeted the now infamous… That tweet was met with wide ridicule, with many responding that he is wrong, and that the definition of hyperinflation is actually 50% increase in prices per month. That of course is not happening. However, is he seeing something in the…
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GTA REALTORS® Release June 2021 Stats
June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased by double digits compared to last year as well, but the annual rate of…
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Why Most People Outsource Their Thinking to “The Experts”
by Doug Casey (originally published here) International Man: Thanks to the internet and modern technology, the average person can now access information on almost any topic with relative ease. But it seems people are doing less critical thinking than ever. Why do you think that is the case? Doug Casey: Technology is a double-edged sword…
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Outsider Wealth Podcast with Frank Taylor
In this episode of Outsider Wealth, Randall sits down with Frank Taylor, a Real Estate consultant and investing coach. After decades of experience in the real estate industry, Frank is a wealth of knowledge . During his time in the market he has seen everything. Full cycles, the good and bad. Listen to learn tips…