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 […]
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In my presentation, “12 Things I Learned Spending $12,000 on a Financial Plan,” I will share valuable insights and lessons from my experience using a fee-only financial planner. My reason for utilizing financial planners is to have others, who may not necessarily agree with my projections, review my plans. This approach allows me to learn […]
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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 […]
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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, […]
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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 […]
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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 […]
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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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When it comes to understanding the complex workings of the economy, few names carry as much weight as that of Ray Dalio. As the founder of Bridgewater Associates, one of the world’s largest and most successful investment firms, Dalio has built a reputation as a master of economic forecasting and analysis. Not only does he […]
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As an investor, you’re always looking for opportunities to grow your portfolio and generate revenue. At the same time, you also want to protect your investment. This is why you need to diversify your portfolio with defensive investments. As we all know, the housing market is constantly fluctuating. This is a good thing for some, […]
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In his piece, “The Art and Science of Spending Money,” Morgan Housel delves into the intricate interplay between psychology and money. He masterfully illustrates how our spending habits are not only shaped by our emotions and values, but also reveal insights into our character, aspirations, and even our sense of self. Behavioral finance has provided […]
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