Tag: strategy
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Buying equity for easy recycling…
The first step to using the BRRRR method is to find a property that is priced well below market value. This way you are buying equity right from the beginning, which is one type of “payday”. Buying under market value though is very important at the time you decide to refinance an investment property; remember…
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Unintended Consequences
I’m in my car a lot between appointments. This week my mind keeps drifting back to the new “AirBnB rules” in Toronto and Ottawa + the one-sided media coverage of the causes and ramifications. I’d like to state for the record I currently have no STR holdings and don’t see that as part of my…
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Freedom Refinanced
Today I am writing about a key element to wealth creation in real estate; Refinancing. Refinancing a mortgage means paying off an existing loan and replacing it with a new one. This can be done at the bank that currently hold’s your mortgage or you can shop around for the best terms from other lenders.…