I was originally born in Guangzhou, China but immigrated here when I was only 5 years old. As a result, my memory and recollection for anything related to China was essentially non-existent. My memories of China only started jogging when I went back to China for the first time in my early 20’s. I’ve been …
How We take the Toronto Real Estate Market for Granted Read More »
Rent Control – love it or hate it, as an investor, you must understand rent control because how much rent you can charge for your investment property becomes your lifeline for how much cash flow you can produce and how much profits you’ll make. Depending on who you speak to regarding rent control, it can …
All investors need to arm themselves with the know-how and knowledge of what the Landlord Tenant Board does and how it impacts your investments, especially if you are self-managing your property. With the rise of professional tenants and disastrous issues that have happened in the past few years, plus the new regulation of rent control …
Landlord Lesson #6 -Understanding the Landlord Tenant Board Read More »
Are you worried about dealing with headache-inducing tenants? Well, lucky for you this week’s Insight Article may help with just that! I’ll explain how to lay down the groundwork in order to avoid these sticky situations before they even happen. There are many, many, many, many, many (multiplied by infinity) horror stories that have happened …
One of the scariest things about real estate investing is finding the tenant that will cover your carrying costs on your property. This is usually the last step of the entire investing process. There is always worry about finding a terrible tenant who will make your life a living hell. Do not worry, and do …
Landlord Lesson #4 – Top 5 To-Do’s When Choosing Your Next Tenant Read More »
As the idea of having passive income becomes more and more popular, I find that there has been an increasing number of people inquiring about real estate investing in the hopes of replacing their income. If you work towards this goal hard enough, it is possible and there have been many people who have accomplished …
Landlord Lesson #3 -Top 5 Things I Wish I Knew Before Being a Landlord Read More »
Notice to Reader – I must warn you that this Insight Article may spark some controversy for anyone who is NOT a landlord. But alas, I have to share this insight with landlords. For tenants, it’s a terrible feeling when your landlord increases your rent (and I can empathize as a former tenant myself), but …
Landlord Lesson #2 -Why You Should Always Increase Your Rent Read More »
Over the next few weeks, I’ll be releasing a series of Insight Articles on how to be a great landlord. I’ll be talking about a lot of the essentials such as finding the right property and crunching the numbers, but I’ll also be shedding some light from the investor angle as well, that is, some …
During my day-to-day trading, I’d like to think that I don’t get surprised by things anymore. I’d like to believe that I’ve seen and experienced it all, but that’s just not reality. There are always surprises, both good and bad, especially when it comes to pricing. Good surprises are the ones that come in the …
Trick or Treat! It’s Halloween and we have some trick or treat rental numbers that I’d like to share with you. Traditionally during Halloween, kids go trick or treating and most of the time, they get the treat. Kids are practically trained to expect treats, candy and chocolate when they put on a costume. If …
Good News, Bad News – Toronto has Reached $2,500/month Average Rent Read More »
