All posts by Durham REI
Why I Am Not Just Focused on Real Estate Investing
After our meeting last night, I went out for some after-meeting drinks and snacks with some of the DurhamREI members. One interesting conversation I had afterwards was with a member who was surprised that I didn’t just focus on real estate. My response was simple: If I could get better returns doing something else, I […]
Continue readingThe Power of A Long-Term Perspective
A long term perspective when investing is a crucial financial decision, and the environment in which we make these choices can significantly influence our success. When attending a DurhamREI meeting, it’s common to feel overwhelmed, especially for those just getting started. You’ll find active investors in our meeting room, some owning one or two properties […]
Continue readingWhat the Wealthy in Canada Understand is That…
For years, I have participated in groups like the Entrepreneurs Organization(EO), Tiger 21, and the Toronto Business Society. These groups have what I would call the top 20%—EO—to the top 1% wealthy Canadians—Tiger 21 and Toronto Business Society. I noticed certain trends that anyone can model as long as they understand that Canada is made […]
Continue readingRisk and Reward As A Real Estate Investor
I have been investing in real estate for over two decades, and the one thing I have seen happen repeatedly is Real Estate Investors get over their head with a big project that takes them out of real estate investing. This could be through personal bankruptcy, corporate bankruptcy, securities investigations, or other similar events. There […]
Continue readingRental Housing Financing Options in Canada: Traditional and Alternative Paths
Securing financing for rental properties in Canada requires a strategic approach, considering both traditional and alternative avenues. Whether you’re a seasoned real estate investor or someone venturing into rental property ownership, understanding the diverse financing landscape is essential. Let’s explore traditional mortgage options tailored for rental properties, alternative financing choices, and insights into various paths […]
Continue readingReader Mail: Should I Sell My Condo in Toronto or Keep It?
In this article, we will explore the question of whether it is better to sell a 600,000 condo in Toronto or keep it as an investment property. The investors overpaid for this property and was purchased in 2018 for 600,000, it is currently worth the same amount with a negative cash flow of 1600 per […]
Continue readingFrom Nashville to Beverly Hills: A Look at Taylor Swift’s Stunning Real Estate Collection
For over a decade, Taylor Swift has been a dominant force in the music industry, captivating audiences with her irresistible melodies, stirring lyrics, and captivating performances. Her talent has earned her a devoted fan base and numerous awards, including a staggering net worth of $550 million. As one of the wealthiest musicians in the world, […]
Continue readingFrom Car Washes to High-End Real Estate: Shaquille O’Neal’s Diverse Investment Portfolio
It’s common knowledge that many NBA players struggle to maintain their wealth post-retirement, often falling prey to financial pitfalls that result in bankruptcy. But there are a select few exceptions, and Shaquille O’Neal is one of them. Apart from his larger-than-life personality on the court, O’Neal has established himself as a shrewd businessman, with a […]
Continue readingExploring Brad Pitt’s Impressive Real Estate Portfolio: From Los Feliz to the French Quarter
Brad Pitt is a name synonymous with Hollywood royalty. A towering figure in the entertainment industry, with a net worth that exceeds $400 million. But, this man is more than just a talent in front of the camera, he’s a financial mastermind. He’s earned the title of one of the most famous and highest paid […]
Continue readingArnold Schwarzenegger’s Real Estate Investment Mantra: Vision, Risk, and Discipline
With a net worth of $450 million and a reputation for making smart investments, Arnold’s success in the real estate industry is truly something to be marveled at. Arnold leveraged his bodybuilding career and time as a movie star in the 80s and 90s to build an impressive portfolio of investments. From real estate to […]
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