Tag Archives: Canadian Real Estate Investing tips to maximize profits

Creating an Entourage of Experts Part 2

To be successful as a full time real estate investor, you will need to create a support team that will help make you rich. We like to call this  your "entourage of experts." We are continuing in our series.

If you missed the previous article – Creating your Entourage of Experts – Part 1

How many professionals do we need on our team?

The question to be asked is: how many people do we need locally and how many people can we utilize outside of where we live (by that I mean other towns or cities that we are, or plan to do business in).

Continue reading Creating an Entourage of Experts Part 2

Creating an Entourage of Experts Part 1

Creating an Entourage of Experts Part 1

As a full-time Canadian real estate investor, we must be able to create multiple streams of income for ourselves. In past articles I have gone through many strategies of creating a network and database in order to create an flow of deals  coming to us on a regular basis.  But that is not enough… it is never enough!

Continue reading Creating an Entourage of Experts Part 1

Mortgage Jargon – Part 5

Mortgage Jargon – Part 5

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. When a condominium corporation is formed, and goes on for a period of years, they have certain legal outlines and an annual (if not monthly) financial statement that is created by its members. If you are getting into purchasing a condominium project, you must understand the state of it financially and legally by getting an Estopple certificate.

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Becoming a Full Time Real Estate Investor

This article is a continuation in the series "Becoming a full time real estate investor"

As a full time Canadian real estate investor, we need to everything we can to create  business for ourselves that is outside of the conventional method of buying a property. This typically is purchasing property with our own money witch includes an exit strategy of either becoming a landlord or fixing property up and selling it. This is buying yourself a part time job which usually includes a full time job time requirement.

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Becoming a Full Time Canadian Real Estate Investor

This is part 2 in "Becoming a full time real estate investor."

To become a successful full time Canadian real estate investor, we must have a master plan in place. This master plan must outline our goals in terms of acquisitions, financial goals and related time lines.

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Keep a Tenant Forever

Keep a Tenant Forever

As a full-time Canadian real estate investor, we are continuously developing systems to improve our business. Throughout your career you will be involved in deals that are both conventional as well as non-conventional. The latter is what really makes what we do a real business. That said, cash flow is an important part of our regular passive income. To receive this we often have to become a landlord.

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Mortgage Jargon – Part 3

Mortgage Jargon – Part 3

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.

Continue reading Mortgage Jargon – Part 3

The Role of a Personal Assistant

The Role of a Personal Assistant

As a full-time Canadian real estate investor, we must be actively creating massive and passive income for ourselves on a regular basis. Our time is our most precious commodity and therefore must use it wisely. We get the most profitable use from our time by doing deals, not by doing small tasks.  There are many facets of being a full-time real estate investor that are very important yet quite time-consuming. If we are able to pass of some of these duties to somebody else, it will be more likely that we can be focusing on doing more deals.

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Turning a Tenant Into a Buyer

Turning a Tenant Into a Buyer

As a full-time Canadian real estate investor, we must create various forms of deals to be able to build massive and passive income for ourselves. The way we do this is a continuous stream of income that is produced by short-term holds; creating deals without using any of our own money or incurring any liability, as well as building our portfolio with long-term holds. The latter does not always mean being a landlord. There are many other ways of creating long term holds with monthly income and a very nice backend return.

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How To Establish Property Values In Less Than One Second

How To Establish Property Values In Less Than One Second

As a full time Canadian real estate investor, we may be recieving calls at any time of the day or night from someone responding to our marketing. The call may come from a city where we are unfamiliar about the property values, but we have to be able to make an offer quickly.

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