Category Archives: General

Canadian Cash Home Buyers

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Speed, convenience, peace of mind, and financial motivations top the list of reasons a growing number of sellers are turning to Canadian cash home buyers
 Sellyourhome14164097300
This is the option that a lot of Canadian home sellers are going with these days, especially if they want to sell their houses fast for cash.

Canadian cash home buyers purchase properties to fix it, add legal basement in-law suites to resell or rent them. If you have a property to sell, a Canadian cash home buyer will purchase it, regardless of anything else.

You make a phone call or answer, agree to an offer, and then it’s not something you have to worry about anymore. Selling your house for cash has similar benefits to trading in your old vehicle to the dealership when you buy a new car. Sure, you might pocket a little more money if you sold it yourself.

In real life in Canada selling for cash won’t mean that a person shows up on your doorstep with a briefcase full of hundred-dollar bills. You’ll still have official steps to complete all paperwork with the approval of your Canadian real estate lawyers.

We will quickly inspect the property and can send their cash offer for fast closing. Canadian Cash Home buyers
Here’s how each one of these motivations could apply to your situation.

Speed and super convenience

  • You inherited a house you’re unfamiliar with and perhaps far away from.
  • You don’t want to disrupt your life with house prep, staging, and showings.

Need CASH now

  • You’re on the brink of foreclosure, repossession by the bank, power of sale, eviction or seizure of your home.

Canadian cash home buyers means business, and once they make you an offer, the whole process could be over and done within a matter of days. Moreover, with Canadian cash home buyers, you won’t need a real estate agent, no need to repair the property, clean up so you’ll pay no commission, which ends up saving you a lot of money.Canadian Cash Home buyers

Canadian cash home buyers even can help you with EMERGENCY CASH, if the property owner is facing foreclosure, power of sale, repossession by the bank, eviction, seizure etc.

In general, selling your home to a Canadian cash home buyer typically allows you to skip the home prep, showings, and staging hassles and arrange a more flexible closing timeline to coordinate with the purchase of your next residence. But not all cash buyers have the same exact business model.

We do help homeowners going through difficult situations. Forget the showings and the real estate’s commissions, sell your house fast today. Please call 1-416-409-7300/text anytime or go to www.preigCanada.com/we-buy-houses

Serving Canadian home sellers in need of fast CASH successfully since 1993.

P.S : Remember, you are just one flip away from financial freedom! If you want to get one step closer then register for the Canadian real estate investment strategy apprenticeship LIVE 

Seats are selling fast and we will soon be SOLD OUT.

EMERGENCY CASH AVAILABLE ! Please fill up the form and call/text us at 1-416-409-7300

Sell Your House for CASH!

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Sell Your House for CASH!

Sell Your House for CASH! Sell your house for cash through Professional Real Estate Investors Group (PREIG) Canada. We are real estate investors helping fellow Canadians in need and we buy houses in Canada for cash with fast closing.We buy houses in Canada to provide instant cash, fast closing to avoid foreclosure, eviction and help fellow Canadians to downsize and move forward.Sell Your House for CASH!

We buy houses in Canada understand the urgency of time and money. We buy houses in Canada will make a written offer for you to review it with your real estate lawyer and get independent legal opinion.

We buy houses in Canada helping fellow Canadians in need now leads from the front when it comes to helping Canadians in and around the area to sell their homes really fast.

Sell your house for CASH  With deep roots and insights in finance and Canadian real estate, we have helped innumerable Canadians to sell their homes without much of hassles whatsoever.

We buy houses in Canada and we are cash home buyers. The reason you want to sell your home for cash and fast is important to us to make sure that you are able to move forward. Together we can come together with win/win solution. You can click here to get more info.

Sell Your House for CASH

Sell Your House for CASH We buy house due to Canadian Home owners are facing one of following challenges;

  1. Qualifying for a mortgage
  2. Foreclosure and power of sale
  3. Demand letter from the bank
  4. Court orders
  5. Redemption
  6. Consolidation
  7. Probate
  8. Order NISI
  9. Dispute
  10. Drugs
  11. Consumers proposal or bankruptcy
  12. Costly property repairs
  13. Wind, fire or water damage properties (more info at https://www.sellingahousewithfiredamage.com)
  14. Leakage in the basement
  15. Bad Tenants
  16. Dead parents house for sale
  17. Tax sale
  18. Auctions
  19. Services needed for relocation
  20. Partner buys out
  21. Stigmatized properties
  22. Ex grow op
  23. Former meth labs
  24. Jinni Houses
  25. Power of Sale
  26. Eviction OrderSell Your House for CASH

  27. Sell your house for INSTANT CASH

  28. Personal problems
  29. Addiction, drugs, or sickness
  30. Need cash right away
  31. Travel
  32. Problems with family
  33. Behind Canada Revenue Agency (taxman) personal taxes
  34. Behind mortgage payments
  35. Bank/Lender refuses to renew mortgage
  36. Civil enforcement
  37. Civil forfeiture
  38. Murder or death in the house
  39. Writ of seizure
  40. Eviction by the bank/sheriff/private lender
  41. Divorce
  42. Partnership going sour
  43. Trouble with the city (building permit)
  44. Illegal basement apartment
  45. Work orders
  46. Contaminated properties
  47. Abandoned houses
  48. Written offer in 24 Hours
  49. Unemploed
  50. Laid Off
  51. Tax Sale
  52. Sheriff Sale
  53. Lawsuit
  54. Poor Health
  55. Expired MLS Listings
  56. Accidents
  57. Paying off debt
  58. Anything else – urgency

Sell Your House for CASH!

Sell Your House for CASH

Sell Your House For Cash

Sell Your House For Cash

Sell your House for CASH

All paper work approved in writing by the home owners Lawyer FIRST.

What is important is that you are treated fairly with respect and dignity and get out of the situation really fast.Sell Your House for CASH

With a considerable experience, expertise, knowledge, and vital industry exposure, Professional Real Estate Investors Group (PREIG) Canada is always successful in assisting Canadians to sell their properties without much of hassles.

By doing so, we have helped innumerable Canadians in need of money get quick cash. We buy any and almost every type of homes and properties. Therefore, Canadian property owners who must sell due to relocating or need fast cash owing to an urgent need, want to sell properties without involving in lengthy and cumbersome procedure.

Sell Your House for CASH!

We buy homes in Canada in any condition and irrespective of the location and condition. Despite the price range and condition of the property, we help Canadian property owners dispose of the property right away. Moreover, we offer no obligation offer to enable Canadian home owners to make the right decision for them.

Professional Real Estate Investors Group (PREIG) Canada is the best resource for those who want to know how to sell their house in Canada for quick cash and fast closing.

About Professional Real Estate Investors Group (PREIG) Canada

Professional Real Estate Investors Group (PREIG) Canada is known to provide a win-win situation to those who are in a dire need of money and want to sell their home fast.

Sell Your House for CASH!

Contact:

Navtaj Chandhoke

Call or text: 1-416-409-7300

Serving you all across GTA and the following locations:

Alberta:

Calgary, Edmonton, Ft Mcmurray, Lethbridge, Medicine Hat, Peace River Country, Red Deer

British Columbia:

Cariboo, Comox Valley, Fraser Valley, Kamloops, Kelowna-Okanagan, Kootenays, Nanaimo, Peace River Country, Prince Geroge, Skeena-Bulkley, Sunshine Coast, Vancouver, Victoria, Whistler-Squamish

Ontario:

Barrie, Belleville, Brantford-Woodstock, Chatham-Kent, Cornwall, Greater Toronto Area, Guelph,  Hamilton-Burlington, Kingston, Kitchener-Waterloo-Cambridge, London, Niagara Region, Ottawa-Hull-Gatineau, Owen Sound, Peterborough, Sarnia, Sault Ste Marie, Sudbury. Thunder Bay, Toronto, Windsor

Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland & Labrador, Nova Scotia, Ontario, Prince Edward Island, Quebec, and Saskatchewan.

Best time to invest in Canadian real estate

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Best time to invest in Canadian real estate

Canadian professional real estate investors learn during the apprenticeship some hardcore facts about Canadian real estate investments. Buying and selling requires some insight to be profitable. Since spring and summer months are notoriously the best time to sell real estate in Canada, fall and winter may be the ideal months to buy real estate.

Best time to invest in Canadian real estate 1. Fewer buyers are in the market – less competitionBest time to invest in Canadian real estate

Competition for houses drops off in the fall in Canada, a time when most people consider it to be off-season in real estate. But there are still homes for sale – and in some cases, there’s just as much inventory as there was during the spring and summer. Fall means new inventory and repositioned old inventory that did not sell in the prime season.

This puts Canadian professional real estate investors at a great position to negotiate. Fall Canadian professional real estate investors should consider making aggressive offers, followed by more aggressive negotiation. Many panic sellers are motivated to sell before the holidays. If possible, Canadian professional real estate investors should let these sellers know that they can close before Thanksgiving or before the school winter break.

Best time to invest in Canadian real estate 2. Greedy sellers can be tired and frustrated

According to Crawford Home Buyers, some greedy property sellers who put their homes on the market during the prime selling times of spring and summer might have been overconfident by listing their homes for more than buyers were willing to spend. After months of little or no action, these tired and frustrated property sellers are often ready to make a deal.

Canadian property owners who were unrealistic earlier in the year about price will now be more willing to reduce the price come fall. Because there are fewer buyers and because the property owners are now eager to sell, they are more inclined to take the lower offer than wait another six months for spring to come around.

3. Sellers become more seriousBest time to invest in Canadian real estate

Not all homes on the market in fall are summer leftovers. Some Canadian home owners need to sell in the fall because the timing is right. Maybe they were having a home built and it’s now ready. Maybe they need to move because of a job. The sellers with houses on the market in the fall tend to be serious. That means sellers could be more open to negotiating and accepting a reasonable offer.

Best time to invest in Canadian real estate4. Fall is a better time of year to buy Canadian real estate

Waiting until the fall (to buy) gives you an advantage when learning about a home and the neighborhood. You’ll be settled in your home and can take precautions – like setting up that new alarm system.

5. You’re the center of attention

Because spring and summer are ideal times to buy a home, realtors are usually busier then. And that could mean you might not always get the attention you want. This is also true for other professionals you’re working with to buy a house. Service providers, such as mortgage lenders and real estate professionals, can often respond more quickly since the summertime crazy market has slowed down.

The same goes for movers. Because summer is peak moving season, Canadians often experience more delays and service issues, such as moving companies reaching capacity and running out of trucks to pick up shipments. The probability of experiencing a delay goes way down in the fall season.

Best time to invest in Canadian real estate 6. You can take advantage of end-of-year sales to outfit your home

More than likely you will be making improvements to your new home after your purchase. Most likely you will need to buy items to maintain your home, and if appliances did not convey with your purchase, you will need to buy those as well.

Wouldn’t it be great to coordinate your home purchase with sales on items you’ll need? September is a great time for availing area rug cleaning and buying carpet and paint. October means lawn mowers go on sale, and appliances and cookware are cheaper in November. November is also a great time to take advantage of retailer holiday sales items, which seem to be abundant that time of year.

The best advice is to learn from fellow Canadian real estate experts with decades of experience and proven results.

Always learn from a Canadian real estate investment expert with proven results before investing in Canadian real estate.

We are sincerely devoted to helping you create wealth for life with spectacular results in Canadian real estate investments.

Sign up below to receive profound inspiration and powerful tools so you live at wow.

Best time to invest in Canadian real estate

How to Become a Successful Full Time Real Estate Investor

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How to Become a Successful Full Time Real Estate Investor

How to Become a Successful Full Time Real Estate Investor Both rookies and veteran real estate investors need to implement new strategies and tactics to improve their business and be successful. There is always a way to sharpen your skills to create more success. Goal Setting is one of the most necessary components of success.

Did you know 95% of people in this world do not set goals? #1
It is shocking to know most people do not have any kind of written goals. Some people just let the world push them around, instead of setting goals and going where they want to go. They may be in a job they had no intention of getting, but are there for years; they may be in a relationship that they had no intention of being in, but are in it for years because it is easy. Now, I don’t want to sound like Dr. Phil here, but my point is if you have no clear, defined goals pertaining to your real estate investing business, you will have an unsuccessful or at best, very average business.

Part of the 5%As a full-time real estate investor, we need to be part of the 5% that have clearly written, defined, tangible goals, that are cast out 20 years, 10 years, 5 years, etc, and then brought down to months, and then weeks.
At that point you need to make daily “to-do” lists which keep you going.

Our goals, as a whole should include financial, relational, personal, spiritual, and educational goals. No one is successful with a vague goal like “I want to make money”, you have to set realistic financial goals that are specific.

Tangible goalsI highly recommend that you have a tangible goal that you can, once achieving it, can touch, can feel, and can be proud of, and money will become a byproduct that comes from achieving that particular goal.

Long term and short term#3
So set goals for yourself that involve a long term plan, and a short term plan, and you will have the incentive to do what is necessary in order to accomplish these goals, and create a wonderful, rewarding, and lucrative business for yourself.

Canadian Wealth Builders offers many unique, practical, out of the box real estate investor trainings which offer the student hands on, in the trenches style instruction. To find out more, please go to www.Flipping4Profit.ca

A Notice to all Wannabe Canadian Real Estate Investors

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A Notice to all Wannabe Canadian Real Estate Investors

A Notice to all Wannabe Canadian Real Estate Investors

Investing in Canadian real estate is extremely profitable provided you have taken time to learn from fellow Canadian real estate experts with proven record. Learn creative practical secrets, systems and strategies which can be implemented in Canada by attending Canadian real estate investment strategies apprenticeship. Witnessing a real deal in real time is the best and fastest learning curve.

A Notice to all Wannabe Canadian Real Estate Investors

But here’s the bad news

Most of the Canadian real estate investors have taken the training from outsiders who have never done a deal in Canada. Fancy names, celebrities, Fix & Flip TV show stars have started business of teaching others but hire cheap labor to read the scripts only. Most of Canadians have taken multiple courses spending $20,000 to $80,000 dollars and end up being broke and bankrupt.

We want to encourage you to learn from the Canadian real estate experts and give you a few simple pieces of advice that will make a difference in investing in real estate.

A Notice to all Wannabe Canadian Real Estate InvestorsJoin Professional real estate investors group (PREIG) Canada to start networking with fellow real estate investors. Attend their local networking meetings and other events to mingle with very successful real estate investors. At least meet one person who can add value and assist you to achieve your goal. People don’t do business with strangers. At the end who do you know matters a lot. Start building your connections of your entourages.

A Notice to all Wannabe Canadian Real Estate Investors

You must invest your time and effort to meet local Canadian real estate investors to do joint ventures, seek capital or partnership and flip deals.

A Notice to all Wannabe Canadian Real Estate InvestorsBe a bird dog

that can give you a head start. Start paying lot of attention around you and you may find lot of panic sellers and anxious buyers. You can refer them to an experienced Canadian real estate investor and watch how the deal works. Good thing is you will get a small token fee.

Be a volunteer at REI club; Professional real estate investors group (PREIG) Canada have several volunteer positions. Investing in real estate is lifelong learning process.

Forgivable Canadian real estate grants are available for down payment, upgrading, adding in-law suites, seniors and multi uA Notice to all Wannabe Canadian Real Estate Investorsnits. You might be eligible yourself and can help fellow Canadians too.

Attend LIVE eye witness, boots on the ground real time real deals for accelerated learning. Only experts can show you.

A Notice to all Wannabe Canadian Real Estate Investors

Virgin leads are very important part of Canadian real estate investments. There are more than ten sources which an average Canadian real estate investor has never known.

Ask for the REAL PROOF

before you starts taking any education how to invest in Canadian A Notice to all Wannabe Canadian Real Estate Investorsreal estate. Ask them to show the real deal they have done themselves in Canada. Most of the trainers are snake oil salespeople who can read the script only. They are getting minimum wage and some of them never invested in Canadian real estate.

Build your database

You need to have a special list of following people who are also investing creatively in Canadian real estate in your database.

  1. Canadian private hard money lenders
  2. Canadian cash buyers
  3. Real estate lawyers
  4. Short term private lenders for bridge financing
  5. Joint venture partners
  6. Realtors
  7. Mortgage brokers
  8. Property Inspectors
  9. General contractors
  10. AACI appraisers

Deep discounted Canadian real estate deals are in abundance. Find, fund, fix and flip to make a fortune require training from experts.

Invest and dedicate time and money: One need to invest in themselves which require money, time and dedication. Having access to money is the best secret in Canadian real estate investments.

Action and decision will reflect the success. Having armed with knowledge and access to money requires that you start making offers and start putting deals under contract.

Branding yourself to be a problem solver Canadian real estate investor will attract all kind of deals.

 

Hire a Canadian real estate investment expert coach who have done couple thousand deals in Canada. Most of Canadian real estate investors have taken coaching online which is complete waste.

Investing in Canadian real estate success does not happen overnight, but it requires time and lot of effort.

There are17,000+ members of the Professional real estate investors group (PREIG) Canada community for you every step of the way. Be a part of Professional real estate investors group (PREIG) Canada.

The hidden costs of selling your property in Canada

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The hidden costs of selling your property in Canada

 

Beware; there are the hidden costs of selling your property in Canada you might not know about. Are you been thinking of selling your property and maybe moving into retirement living you’ve been checking out? Selling your property can be a very profitable affair, especially if you have had that piece of property all your life. That means you may have bought it at time when property was not very expensive and could be enjoying the appreciation, which has occurred over the years. However, there are hidden costs of selling your property in Canada involved in selling your property and before you list your property for sale, you might want to check out these costs.

Hidden costs to sell your sell your property in Canada are:

  • Are you going to sell your property through a real estate agent or try selling it on your own? The fee is approximately 6% plus taxes.
  • How much do you estimate it will cost to prepare your property for sale?
  • Do you know what would it cost to pay off your mortgage including penalties, discharge and other charges?
  • Are there any repairs or upgrades you need to do that would help sell your property?
  • Are you going to hire a professional to stage your property?

 

Staging is changing the appearance of your property to make it more appealing to potential buyers—for example, renting furniture for a room.

 

Clutter, Grime, and Odors. Deal with it…
Living in our homes, we get used to things and we like them that way. All the family photos and bowling trophies may be family treasures but to a buyer trying to imagine themselves at home, too much information is a turn-off.

 

Other hidden costs of selling your property in Canada

Closing costs

  • Legal costs
  • Realtors fee plus taxes
  • Insurance cancellation
  • Adjustments (property taxes, utilities, condo fees, etc.)
  • Mortgage  penalties & discharge fees
  • Moving costs
  • Hiring a mover or renting a truck
  • Packing materials
  • Hotel costs, if required
  • Disposing of Junk

Mortgage Penaltyb1

The prepayment charge for a closed, fixed-rate mortgage is usually the greater of:

  • three months’ interest on the outstanding balance of your mortgage, or
  • the interest rate differential (IRD): an amount based on the difference between two interest rates. The first is the interest rate for your existing mortgage term. The second is today’s interest rate for a term that is similar in length to the time remaining on your existing term. For example, if you have three years left on a five-year term, your lender would use the interest rate it is currently offering for a three-year term to determine the second rate for comparison in the calculation.

The hidden costs of selling your property in Canada Mandatory Repairs

When you’re selling your property, especially if it’s an old one, chances are there are many things that need to be repaired or replaced. Perhaps that 1990s toilet needs to be revamped or the kitchen cabinets need to be changed. It’s easy to get carried away with repairs. Think about it, you’re finally getting around to all of those things that you were meaning to get done over the years. The list could include light switches, dimmers, painting, re-grouting, and while they sound small, it’s these little things that can easily turn into thousands of dollars, especially if you’re hiring an expert to do that for you.

What you need to do is to pay attention to the repairs that have a major visual impact and would affect the property value. For example, a new kitchen would excite buyers more than new room carpets.

At the end of the day, the more prepared you are, the smoother the process and the less expenses you will incur. It all comes down to clear thinking and a few calculations, to make sure the cost of selling isn’t eating too far into your well-earned capital.

 

Failing to Complete Disclosures. CAVEAT EMPTOR, BABY!
Being upfront about any issues with your home will save you time, money and face. You may not want to mention the time the firetrucks showed up or the time you flooded the basement.

When do you report a capital gain or loss?

Report the disposition of capital property in the calendar year (January to December) you sell, or are considered to have sold, the property.

Note

Regardless of whether or not the sale of a capital property results in a capital gain or loss, you have to file an income tax and benefit return to report the transaction (even if you do not have to pay tax). This rule also applies when you report the taxable part of any capital gains reserve you deducted in 2014.

  • A donation of securities to a registered charity or private foundation does not trigger a capital gain.

·         If you sell an asset for a capital gain but do not expect to receive the money right away, you may be able to claim a reserve or defer the capital gain until a later time.

The hidden costs of selling your property in Canada Reporting the sale of your principal residence to Canada Revenue Agency (taxman)The hidden costs of selling your property in Canada

When you sell your principal residence or when you are considered to have sold it, usually you do not have to report the sale on your income tax and benefit return and you do not have to pay tax on any gain from the sale. This is the case if you are eligible for the full income tax exemption (principal residence exemption) because the property was your principal residence for every year you owned it.

Starting with the 2016 tax year, generally due by late April 2017, you will be required to report basic information (date of acquisition, proceeds of disposition and description of the property) on your income tax and benefit return when you sell your principal residence to claim the full principal residence exemption.

Are you aware of hidden costs of selling your property in Canada? What other costs should you be aware of when looking to sell? Have you sold your property in the last 5 years? We buy houses for cash with fast closing.

Missing a mortgage payment in Canada

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Missing a mortgage payment in Canada

missing-a-mortgage-payment-in-canada

Missing a mortgage payment in Canada is serious matter. The reason a Canadian homeowner goes into foreclosure or power of sale is important for all to understand. As a Canadian homeowner one can be prepared for such a situation as the aforementioned, and as a Canadian professional real estate investor, one can be informed as to what causes foreclosure or power of sale and how to be of service. Death, job loss, medical expenses, and divorce are a few of the most common reasons Canadians face foreclose or power of sale on a home. These factors are real and an everyday part of society.

Missing a mortgage payment in Canada

Missing a mortgage payment in Canada can trigger power of sale process in Ontario. According to Ontario Mortgage act Where a mortgage by its terms confers a power of sale upon a certain default, notice of exercising the power of sale shall not be given until the default has continued for at least fifteen days, and the sale shall not be made for at least thirty-five days after the notice has been given.  R.S.O. 1990, c. M.40, s. 32.

Missing a mortgage payment in Canada and cash flow issues going on and Canadian home owners try to juggle and decide which debts to repay. It’s tough but can be worked out.

Canadian home foreclosure or Power of Sale

Both are a legal process designed to provide the Canadian mortgage lender an option to sell the property in the event the Canadian homeowner defaults or miss mortgage payments.

Foreclosures in Canada involve the court system. This means it is much slower; foreclosures can easily take 6-10 months. Foreclosures are more common in Nova Scotia, Saskatchewan, Manitoba, Quebec, Alberta, and British Columbia.

Power of Sale is much faster. In some cases the Power of Sale can happen within weeks, but you will generally have a 35 day redemption period. This means you will have 35 days after being served notice to pay all your debts (including incurred fees) and get thing back on track. Ontario, Newfoundland and Labrador, New Brunswick, and Prince Edward Island.

1Missing a mortgage payment in Canada

Missing a mortgage payment in Canada

Step one: contact your Mortgage lender as soon as possible

Canadian mortgage lenders prefer not to go through foreclosure or power of sale process. Their goal is to safeguard their investment and assist Canadian homeowners to find a reasonable and affordable solution.

Canadian homeowners can be very reluctant to contact the Canadian mortgage lender or bank due to fear and not knowing what to expect.

With the majority of Canadian mortgage lenders, being forced out of the home happens only when all efforts and options have been fully explored.

The Canadian mortgage lenders may be able to offer you following four options

*Change amortization to lower monthly payments

*Switching from a variable rate to a fixed mortgage to provide a consistent payment plan you can budget for without fear of any future interest rate increase

*Refinancing or second mortgage

*There may be an option to add missed payments to the back of your current mortgage

There is limited action the Canadian mortgage lender or bank will take in the early days besides calling you and remind you to pay in time.

Missing a mortgage payment in Canada

2Step two: Inform the Canadian mortgage lender or bank if you are about the miss next payment

So call the Canadian mortgage lender or bank manager. Canadian mortgage lender or bank manager may not always be able to offer solutions but they can assist you to downsize to sell your property, refinance or obtain a loan from family and friends.

Missing a mortgage payment in Canada

Step three: Ignore and hoping all will disappear3

Ignoring is certainly drawing the attention of Canadian mortgage lenders or bank. Cooperation works much better and save cost and hassle for all parties in concern.

Missing a mortgage payment in Canada

Step four: Make mortgage payments first rather than unsecured debt

Make mortgage payments to keep your home

4The general rule is if you want to keep your home, your mortgage should take priority over paying the unsecured debts. You have many more options to deal with unsecured debt vs. secured debt.

Missing a mortgage payment in Canada

Step five: Consolidate all your debts into Mortgage

The cheapest way to rent or borrow money is first mortgage on your principal residence in Canada. Before you stop paying the unsecured debt to make the mortgage affordable, you should seek professional advice and ensure you have a plan in place to deal with the unsecured debt.

Finding a solution to deal with the other debts i.e. credit cards, lines of credit, consolidate loans etc. is all the help people need to obtain a positive cash flow each month and make the mortgage easily affordable.

One of the key things to look at if you are about to miss a mortgage payment is whether you can afford the house you live in, or whether you’re over-extended.

Missing a mortgage payment in Canada

If you decide your house is unaffordable then there are options.

Obviously if there is equity in the house, selling the house is the best option.

If you are in a negative equity situation then this needs to be carefully planned and professional advice is required.

Attaining Tax Sale Properties In Canada

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Attaining Tax Sale Properties In Canada

Secrets of Super Wealthy Professional Real Estate Investors part 1 of 10:

Attaining Tax Sale Properties:

A major source of revenue for the Municipal Governments in Canada is the property tax on real estate. This tax is based on the current use and value of the land.

While property tax levels vary between municipalities in a province there is usually common property assessment or valuation criteria laid out in provincial legislation. The municipality has the right to collect property taxes owing even if they have to sell the property to recuperate the property taxes owing. These properties are never listed on MLS or Real Estate Brokers. This is another secret of super wealthy Professional Canadian Real Estate Investors and or Apprentices to attaining Tax Sale properties in Canada.

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Five Pearls of Wisdom for Canadian Real Estate Investing

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Five Pearls of Wisdom for Canadian Real Estate Investing

Anyone that invests in Real Estate wants to do it successfully. Many books have been written on the subject. The newsstands are filled with magazines with hot tips on how to become wealthy in Real Estate, however, the process of successful Real Estate investing really isn’t that hard if you keep in mind five simple concepts of investing in real estate.

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Top 10 Strategies for Canadian Real Estate Investors to Make Money

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How to make money in real estate

Canadian real estate investors make money, but people don’t understand how they do. Speculators and gamblers usually do a lot worse than Professional real estate investors with proper training, coaching and education. Booms happen in the real estate market from time to time, but on average Canadian real estate appreciates 4.73% annually. These are the top 10 tips for Canadian real estate investors to make money, but to utilize these tips we recommend getting proper education, training and coaching from the Professional Real Estate Investors Group (PREIG) Canada. These are the top 10 ways how Canadian real estate Investors make money:

#1QuickFlipsQuick Flips:

Quick flips require deep discounted Canadian Real Estate, and Canadian Real Estate Investors find these properties and quick flip them. These properties owners are facing seizure, pre-foreclosure, pre-power of sale, liens, judgments, and/or circumstances where they must sell the property for cash within days. These panic home sellers are seeking a quick exit and fast solution to sell their home, they do not mind selling the property at a discount Canadian real estate investors put these properties under contract and re-sell that contract before closing which is also known as assignments. Even with a lack of credit or cash, quick flips only require proper training by attending the Eye-witness Canadian real estate investment training as well as the Canadian real estate investment strategy apprenticeship.

Here is the second way of top 10 ways how Canadian real estate investors make money.

Top 10 Strategies for Canadian Real Estate Investors to Make Money

Acquiring deep discounted Canadian real estate deals:#2DeepDiscountedRealEstateDeals

To acquire deep discounted Canadian real estate deals, Canadian real estate investors need coaching and eye-witness training to properly use the top 10 sources of finding deep discounted real estate deals. You may be skeptical, but all of the real estate giants who make millions and billions of dollars built their empires on these strategies.

#3LeverageLeverage:

Leverage is the most important component of investing in Canadian real estate. Most of the Canadian real estate investors borrow 100% of the money. The down payment is included in this, and owner financing, joint ventures, line of credit or equity of the house is usually used as the main source of the down payment. This is the only investment that can be leveraged at its maximum, and the rate of return is amazing.

#4100%financing(investmentproperty) 100% financing (investment property):

Financing a property 100% makes your life a lot easier because it provides so many more options because of the emergency funds you have from a cash money partner, joint venture partner or your personal line of credit, you can write off interest expenses on the down payment, closing cost and renovation cost.

Top 10 Strategies for Canadian Real Estate Investors to Make Money

Appreciation:

Canadian prop#5appreciationerties tend to appreciate at average rate of 4.73% annually. Since you are only investing 5-20% of your own capital, the other 95-80% of the capital usually comes from a Canadian banker or lender. Since the market is booming and mortgage rates are extremely low, the current annual appreciation on a Canadian property is 10-17%. This appreciation on properties can make anyone very rich in a short period of time. Appreciation of over $100,000 a year sounds impossible, but some properties in Toronto are appreciating that much annually.

#10PositiveCashFlowPositive Cash Flow:

Positive cash flow is the only way to invest in Canadian real estate. Positive cash flow means that your income from rent is higher than your cost of mortgage payments, taxes, maintenance and property management. The cash flow is much lower in single family homes, but it is pretty substantial in multi-units and commercial real estate.

#7FurnishedAccomodationFurnished accommodation:

Renting out unfurnished rental units is one of the biggest mistakes a Canadian real estate investor can make. Unfurnished units typically have rent 3-5 times lower than a furnished unit, and with the cost of furnishing being cheap it is always worth it to furnish the unit. If you want to rent out part of your apartment in the summertime, Air bed and breakfast (AirBNB) is a great way to accomplish it. Over 50,000 families in Canada are using this strategy to create extra income in their own principle homes.

Mortgage pay down:#8MortgagePayDown

One of the best kept secrets in Canadian real estate investments are your tenants, every time your tenant pays you money, and you pay your mortgage payment to the bank, the principal payment owing to the bank is being reduced every month. To pay off a mortgage it takes an average Canadian 25 years to do it. When the tenant provides you with a steady income, the tenant is retiring your mortgage for you.

Top 10 Strategies for Canadian Real Estate Investors to Make Money

Top 10 Strategies for Canadian Real Estate Investors to Make MoneyTax Write off:

Canadian real estate investors can use the rental income to write off all business operating expenses. A few common expenses are property management, home office, phones, office staff and your car. If you want to know more, your tax accountant can educate you.

Top 10 Strategies for Canadian Real Estate Investors to Make MoneyForgivable Canadian real estate grants:

Investors and first time home buyers are given a lot of opportunities by the Canadian government From time to time Canadian government offers forgivable down payment assistance. If you are a professional Canadian real estate Investor you are also eligible to get several different forgivable grants to upgrade your property. If you want to furnish your basement in-law apartment suite, there are also grants available for that!.

#11ForcedAppreciationForced appreciation:

This strategy is for very experienced and knowledgeable Canadian real estate investors. To increase the value of a home at no cost sounds like a dream, but Canadian real estate investors can do it with several strategies and techniques. If you want to learn more, you can by attending the Canadian real estate investment strategy apprenticeship live.

To utilize these top 10 strategies on how to make money in Canadian real estate, you require a lot of patience and training from fellow Canadian real estate investment experts.

Top 10 Strategies for Canadian Real Estate Investors to Make Money

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Top 10 Strategies for Canadian Real Estate Investors to Make Money

 

 

 

 

 

 

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