Here’s the Main Difference Between Residential and Commercial Real Estate

I was discussing the Canadian real estate market with a colleague who’s decided to take a break from the madness. After 40 years in the industry, he’s has amassed a wealth of knowledge, especially with respect to commercial real estate and investment properties. And so when he talks I listen. He shared a story aboutContinue reading “Here’s the Main Difference Between Residential and Commercial Real Estate”

How I Created $1 Million in Real-Estate Equity with $50K

Hindsight is always 20/20, particularly when it comes to real-estate and Montreal’s real-estate market is no different. Just like with most investments, typically, the more you wait the more you pay but that doesn’t mean you can’t play. First, you need to consider a few things: Objectives – are you buying your home, investing extraContinue reading “How I Created $1 Million in Real-Estate Equity with $50K”

5 Financial Considerations When Buying a Home

1. Downpayment In Canada, if you put less than 20% down on a home purchase it must be insured by the Canadian Housing and Mortgage Corporation (CMHC). Essentially, this is default insurance which means that your bank gets compensated in the event you can no longer pay your mortgage. You pay a fee based onContinue reading “5¬†Financial Considerations When Buying a Home”