Canadian mortgage rates have been low for some time now. The pandemic-era housing boom prompted some homebuyers to stretch their financing to the limit in order to be able to buy a home. Now that the boom has subsided considerably in recent months and interest rates are on the rise, the focus has shifted to the cost of holding a mortgage, and conversations on wheth...Read More

November 2022 - Money Machine - Mix it Up NOVEMBER 15TH 2022 If you’ve ever taken one of my Money Machine Seminars, you’ll know I espouse a very simple plan for real estate investment: Buy one property a year for 10 years, never amortize for more than 15 years and never sell. A good many of you have over the years followed that simple plan, and in fact, have gone far beyond that 10-...Read More

Mortgage News - Credit Clean Up   The fall is the perfect time for a credit clean-up so that you are ready for the holiday spending season – and anything else the year can throw at you!   When it comes to cleaning up your credit, there is no better time than now to recognize the importance of your credit score and check if you are on track with your habits.   To get started...Read More

Renovations and land development is expensive. There is no end to the surprises that could add great cost to your project. No one anticipates uncovering a burial plot when putting in a pool, expanding a driveway, building a deck, or adding a garage to their property. In Ontario, under the Funeral, Burial and Cremation Services Act, 2002 homeowners are required to immediately notify the coroner or...Read More

November 2022 - Market Overview - Prices Seem to Be Stabilizing NOVEMBER 15TH 2022 Last month we took a look at the fact that both here in Niagara and around the globe, economies are in turmoil. Inflation is running at a pace we haven’t seen in almost 40 years, and as a result, governments are scrambling to control it by raising interest rates. That situation hasn’t changed. In fact...Read More

Money Machine - Fire Retrofit Legislation   People often ask “can you sell a property that does not comply with current fire retrofit requirements?” The simple answer to that is yes, the building can be sold, but it is important that the buyer be aware of what he is getting and the possible ramifications that can arise down the line if the deficiencies are not identified and re...Read More

New To Canada? Mortgage News - New To Canada? New To Canada? Canada has seen a surge in international migration over the last few years. With all these new faces in town wanting to plant roots in this great country, it’s a good time to review some of the details surrounding mortgages and how individuals new to Canada can qualify to be homeowners.   Check out some details below on ho...Read More

Legal Update - The Impact of Marriage and Divorce on Wills Traditionally in Ontario, a change in one’s marital status would revoke their will. A will made by a single person was revoked upon marriage, a will made by a married couple was revoked upon divorce – only divorce, legal separation was insufficient.   Any will made prior to marriage and after January 1st, 2022 will preva...Read More

October 2022 - Market Overview - Unstable Times Things are quite unstable at the moment. And that isn’t just here in Ontario or Canada. The whole world is experiencing economic uncertainty. Many currencies around the globe are in free fall. And while here in Canada our dollar has taken a bit of a beating compared to the US greenback, we are faring extremely well against the British pound...Read More

When we talk real estate investment, especially Commercial and Industrial real estate investment, there are a lot of factors at play when determining value. There is interest rate, and tied in with that there is rate of inflation. There is capital appreciation one can expect over time and of course there is net rent, or return on investment. And in some ways ‘cap’ rate ties it together...Read More