It’s not news that we’re a quick fix, instant results kind of culture. We want it all. Now. Advertising and “overnight” success stories have us believing that change is something that has to happen with a bang. It should be as easy starting a new, crash- initiative, right? Why do so many ambitious New […]
Angie Abdou’s The Bone Cage is not only entertaining and well-written, but it gives a great snapshot of the daily life of elite athletes. Featuring the Olympic training camps of wrestler Digger and swimmer Sadie, the book traces the highs, lows and grinding fatigue that is part of these athletes’ lives. The book opens with a scene […]
Those sexy numbers might be hiding something Every year I encounter one or two new investors who want the best deal ever made in human history. He or she (but usually he) expects to buy a property with outstanding upside. For buckets under market value. The first time they do a deal. In a competitive […]
Want to invest in rental property in Montreal in 2018? Don’t miss this Meet-Up! Terrie Schauer, rental property manager, runs a workshop that will help you outline your investment goals for 2018. This workshop will show basic financial guidelines for identifying profitable investments. Terrie will share her insider’s market analysis of which areas are profitable, […]
Dear Fledgling Real Estate Investor, If you want to make positive cash flow buying rental property: please, please, please don’t shop for yourself! Yours, The Agent Who’ll Be Stuck Renting Your Overpriced Units Let me describe one of the biggest acts of self-sabotage I witness when I work with beginner investors. “Terrie, I want to […]
Shopping for real estate in Montreal’s Plateau Mont-Royal, the GTA, or BC can be frustrating. Markets in these areas present a challenge for first-timers and more experienced investors alike. It’s hard to find properties that cash flow. Barriers to entry for a first purchase are about to take a step skyward. With changes planned to […]
The most popular question my clients ask me is: “What can I do if I have problems with my tenants?” This issue is so pressing in the minds of would-be investors that it’s the fear that prevents them from taking the plunge into the world of property investing. As a property manager and investment real estate broker, I’ve […]
Thinking of Airbnbing your condo? Maybe you’re already making extra money hosting guests for a few weekends. Landlord beware! Here are a few risks to consider before choosing this business model: More and more condo associations are forbidding Airbnb. Even if some continue to tolerate short-term rentals today, there is no guarantee that at the […]
Your tenants filled out an application and you ran a credit check (hopefully). You have a good feeling about them (or maybe you don’t) and now it’s time to sign the lease… Wait! Did you know asking for a consigner or a guarantor costs nothing? And it can save you big cash if things go […]