Canadian Rental Grow December 2022
Rental price sin 3 of Canada’s largest cities grew by over 20% YoY - what does this mean for investors?
Toronto 1% Vacant Home Tax
Toronto just implemented a 1% Vacant Home Tax - will you be affected by it?
Featured In CBC News
People aren't just moving themselves and their families to Alberta — a high number are moving their money.
Where Is Wealth Concentrated In Canada?
Just 4 cities in Canada house the top 20 richest neighbourhoods in Canada. Read on to learn why investing near areas like this are a safe bet.
Why I Can’t Buy Single Stocks
I can’t handle the volatility and ups and downs of trying to pick individual stocks. There are people far smarter than me and with far more money and resources trying to do this and they still can’t. Now, I sleep easy by investing in real estate where I will never see the value of a property drop 24% in a single day.
Interest Rates Increased Less Than Expected
The increase is expected but I am surprised that it was not for 0.75%! The BoC said previously that they were going to front-load rate increases so that they could get inflation under control - this tells me that they are seriously concerned about a recession and the economic impacts of rising unemployment.
Record High Activity: Calgary’s Industrial Real Estate Impresses
It’s not just residential real estate that is booming in Calgary - industrial real estate is also having it’s “moment”! Following a COVID-19 pandemic boost, Calgary's industrial real estate market is experiencing record-high activity, which will eventually result in greater job prospects for residents and a rising tax base for the city
Past Peak Inflation? Inflation Falls to 6.9%
It was just announced that inflation in Canada cooled in September to 6.9% from a high of 8.1% in June - are we past peak inflation and what happens next?
WEBINAR | Why Invest In Calgary Real Estate
Calgary is a once-in-a-lifetime investment opportunity. On this FREE Webinar, Alex and I will go into detail about why we are so bullish on Calgary and why we have chosen to buy our latest investment properties there.
Alberta Net Migration At Historic Highs, Up 3225%
In Q2 2022, Alberta experienced the highest levels of net immigration EVER! Almost 35,000 people migrated to the province, an increase of 3225% YoY
Alberta Just Gifted $3,500,000,000 By OPEC+
OPEC+ recently cut oil production by 2 Million Barrels per day. The jump in price translates to a $3.5B surplus for the Alberta government.
Calgary Real Estate Outperforming Other Assets … By A MILE!
I compared how several major asset classes have performance since the beginning of 2022 again Calgary condos. Let’s just say that it wasn’t even close - read on for more info.
Celebrating 100 Pre-Construction Deals in Calgary!
Yesterday I celebrated a HUGE milestone - I had my 100th deal in Calgary go firm! This means I have helped 100 clients across Canada to invest in pre-construction properties in Calgary in 2022 alone! I wanted to say thank you to all of my clients who have made this possible.
Ontario Landlords - Don’t Forget Your 2023 Rent Increases!
Landlords, don’t forget that you must give at least 90 days notice before a rent increase. This means if you want the rent increase to take effect as of January 1, 2023 you need to give the notice by the end of September!
Calgary Rent Prices Up 5.8% In August, 28.3% YoY
Calgary rents just shot up 5.8% in one month for 1 bedrooms and sit 28.3% higher than this time last year. Higher interest rates are keeping people renting who would have bought and increasing immigration is straining the tight rental market. The result > higher rental prices with no end in sight.
Supply Chain Issues Affecting My Investments
Most developers are being very open and honest about the struggles they are facing which I appreciate it. In developments, I have seen appliances swapped out for other brands, entire communities delayed because there were no sewer pipe available in the entire province, and even closings delayed because kitchen cabinets could not be sourced.
Guaranteed Appreciation: The Investment Secret No One Is Telling You About
I’ve delayed investment decisions and waited countless times before making a choice because I wanted to see what happens or I tell myself I’ll invest in the next phase and I have missed some great opportunities. Then as soon as the door shuts closed, I curse myself saying “Why didn’t I do it?!” The majority of times it was the right call and I regret being too cautious.
Youngblood Things There’s Always Tomorrow
I’ve delayed investment decisions and waited countless times before making a choice because I wanted to see what happens or I tell myself I’ll invest in the next phase and I have missed some great opportunities. Then as soon as the door shuts closed, I curse myself saying “Why didn’t I do it?!” The majority of times it was the right call and I regret being too cautious.
Holding Cash Is Guaranteed To Lose You Money
Keeping your money in a bank account, a GIC earning barely any interest, or worst of all in cash means that you are GUARANTEED to lose value EVERY SINGLE DAY when inflation is high. Do this instead.