Tag: Rental Property
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The Revival – Feb 2020: Problems need Solutions
As many of my clients and colleagues know, I think it’s sloppy to believe we can “read” someone else’s mind (although many attempt this daily by assuming they know what is going on in another’s head.) In the same vein, I am also no fan of what I call “future thinking“; this is guessing what…
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5 Steps to RSP Freedom!
What if you could make money the way banks do? The banks know how to make money! Interest rates have been at historic LOWS for many years now, and even still banks are making money! Many people don’t know this but we Canadians can “act as a bank”, and we have options available to us…
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January 2020 Peterborough Stats and a look back…
2020 update: Peterborough is HOT and for all of the right economic reasons. I will lay those out below but first let’s look by the numbers. A look back to begin with; According the Canadian Real Estate Association, “The average price of a Peterborough home jumped to $416,011 in January (2019), up from $369,715 in…
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January 2020 T.R.R.E.B. Stats
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Plumbing Problems: Kitec
From OREA.com Kitec plumbing can cause problems Kitec plumbing is a type of pipe that is vulnerable to premature failure, and REALTORS® should be aware of this product, which may damage a home and result in costly repairs. The existence of Kitec plumbing can also expose REALTORS® to liability, since salespeople are required to take…
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**Guest Post** by Cherry Chan – Real Estate Tax Accountant
Many of you would have known, English is my second language. It shows in my writing style, it shows when I talk. My mother tongue is Cantonese. I can speak both Cantonese and Mandarin. I learned English in Hong Kong, but no one really spoke English to me, naturally it wasn’t great. I just didn’t…
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Peterborough Project Progress
https://youtu.be/XdEgbTRghEI
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The Revival – Jan 2020: PROJECT REPORT
On December 19, 2019 we closed on another property in Peterborough, ONT. We purchased the property with a co-venture partner for $300,000. At the time of purchase the house was a 3 bed, 1 bath with living, dining and large kitchen. The home was in need of some love, but had solid bones and sat…
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Co-ownership: Riding the wave
Those readers who have been following me for some time or with whom we’ve already had conversations (if not, book here!), will know that I advocate getting your foot into the market by any means necessary. Remember it is not timing the market, it’s time in the market. There are multiple strategies to get your…