Real Estate Investing Tips

« Previous Entries

What To Know Before You Flip a Property

Monday, September 21st, 2009

As a full time Canadian real estate investor, we must be doing deals on a regular basis that continue to create massive and passive income for ourselves. The deals we want to spend our time on do not require our own money to facilitate the acquisition or profit.
In a previous article, we talked about flipping [...]

The Suicide Clause

Sunday, September 20th, 2009

As a full-time Canadian real estate investor, we must be very aware of the types of mortgages that we take. During our time as an investor, we will  do deals where we do not take the mortgage ourselves. In other words, we may joint venture with someone who does the qualifying. We will, however, be [...]

Mortgage Jargon – Part 5

Saturday, September 19th, 2009

If you missed the previous article – Mortgage Jargon – Part 4
We will continue in our series of Mortgage jargon. As full time Canadian real estate investors, we need to utilize the following definitions as part of our everyday language.
Estopple Certificate
This is a document that outlines the legal and financial state of a condominium corporation. [...]

Mortgage Jargon – Part 3

Thursday, September 17th, 2009

If you missed the previous article – Mortgage Jargon – Part 2
We will continue in our series of Mortgage jargon. As full time Canadian real estate investors, we need to utilize the following definitions as part of our everyday language.
Default
Default is the failure to make any monthly mortgage payment, or meet any other term of [...]

Mortgage Jargon – Part 1

Wednesday, September 16th, 2009

As a full time real estate investor, we will be getting a number of mortgages during our career.  It is best that we understand all of the mortgage jargon in order to fully understand our mortgage brokers, bankers, lenders, etc., not to mention the contracts we will be signing.
So let’s highlight some typical jargon that [...]

Mortgage Jargon – Part 2

Tuesday, September 15th, 2009

If you missed the previous article – Mortgage Jargon – Part 1
We will continue in our series on mortgage jargon. Many of these references should or will soon become apart of your language in real estate investing.
Total debt/service ratio
This ratio is calculated by your mortgage broker. This is a standard by most lenders which states [...]

Detecting Mortgage Fraud – Part 3

Tuesday, September 15th, 2009

If you missed the previous article – Detecting Mortgage Fraud – Part 2
As a Canadian real estate investor, we will be involved in many deals throughout our careers. It will be just a matter of time before you become aware of  some kind of fraudulent deal. These articles are to make you aware of them [...]

Detecting Mortgage Fraud – Part 1

Sunday, September 13th, 2009

As a full-time real estate investor, we must be very cognizant of anything that can affect our business negatively. There are some nasty practices that sometimes happen in  business. We at Canadian Wealth Builders suggest every deal you do is done ethically and with complete transparency. We always suggest each person you deal with is [...]

Picking The Correct Date for Closing

Friday, September 11th, 2009

As a full time Canadian real estate investor, we must take into consideration everything that may effect our bottom line. As an educated investor, we will continually increase our bottom line through a skills and techniques that  allow us to make much more money in every transaction.
A real estate investor’s career will see many types [...]

Getting The Seller To Pay All Closing Costs

Thursday, September 10th, 2009

As a full time Canadian real estate investor, you will come across many situations that involve negotiation. Negotiation is key to your success. Understanding the methods of negotiation and all that is available to negotiate for is crical to making perhaps a good deal even better.
Negotiate on price only?
The average investor usually only considers [...]

« Previous Entries