At my outlook conferences I stated for 4 years that we had two markets - the very rich and everyone else. 4 YEARS! Now Bloomberg calls Vancouver: North America's Costliest City and says that "Rich Chinese Take the Blame - more and more point fingers at Chinese money"driving prices. Actually when Bloomberg puts it on its front page it
Credit reports need to be checked at least once a year. Your beacon score determines the interest rate you pay and the best deal you can get. You get it FREE (by mail) at Equifax and / or Transunion. More details at www.factsbyemail.com
Well, in a co-op essentially - residents buy a share allocated to a particular apartment in the co-op building but the building is owned by the Co-op Society. There are two kinds: Profit and non-profit. The non-profit buildings are mostly government sponsored (through loans), have income restrictions and are meant to be given back at no profit. Actually most
For years we hear the ads on radio and TV… "No money down, no money down". Sounds like snake oil … yet I keep hearing that you can still buy real estate with no money down. Truth or fiction? Well, there are ways to buy with "no money down", some are easy and obvious, others
There are of course a lot of ways where we could lose money ... but the big three are: Buying the wrong product Not understanding the system/jurisdiction you are in Buying without subject when you have not sold your current house yet. For instance, if you had bought a regular condo (unlimited personal use) in
There are a lot of doomers out there about the Canadian housing market. First, there was Deutsche Bank as well as our Central Banker Poloz that saw us 30% overvalued. Now CMHC is raising a warning finger. In fact CMHC in its quarterly house price and analysis and assessment of 15 markets says Toronto, Winnipeg and
Investors are always searching for profit or yield, but how do you know what actual cash flow there comes out of a given property? Well, Real Estate investors - small and large - use what they call a cap rate to find the true net income. But to find that elusive rate is one of
Recreational island investing … often it is better to poke yourself with a sharp stick in the behind. Things to do - why you should be doubly careful when investing In Your Island in the Sun We forget that islands take ferries (some take 3 ferries) Building at waterfront could be impossible (can no longer go to
Ask your bank why! When the Bank of Canada cuts interest rates, it does so in an effort to jumpstart the economy by making it cheaper for consumers and companies to borrow money. The central bank cut its rate by a quarter percentage point last Wednesday, the second such increase this year for a total of
All the talk about Greece has everyone's head spinning. People in Europe have mixed feelings. Spain together with Italy/Portugal and a many others are watching Greece with interest. The worry by the thinkers here is that the left wing parties would gain strength if Greece is perceived to be winning (ie. will win a foregiveness of 50% of debt again).
Coming soon
Ozzie Jurock and Kyle Green: Shhhh ... Can You Keep a Secret? Unlock the Hidden Potential of Reverse Mortgages as Premier Mortgage Broker Shares the Exclusive Insider Tip That's Been Flying Under
January 16, 2024 “Selfishness is not living your life as you wish to live it. Selfishness is wanting others to live their lives as you wish them to." –Oscar Wilde RealEstateTalks: Ozzie Talks on
OZ BUZZ MOVER AND SHAKER PODCAST - Revolutionize Your Real Estate Game NOW! Unlock the Secret - Don't Miss Out on the Real Estate Recruitment Strategy That's Setting the Industry Ablaze! Get
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