Benefits of Alternative Investments: The Case for the Mortgage Investment Corporation
Banks, institutions and high net-worth individuals have long appreciated mortgages investment corporations (MIC) as an alternative investment. Now, accredited investors can also use mortgages to grow their wealth.
Read moreFlippers could be Hardest Hit if Mortgage Rules Change
Just this morning we looked at the proposed changes to mortgages in Canada that the OSFI is considering making. The changes dictate that all mortgages in the country, not just those without a full down payment, will be restricted to a 25 year amortization cap. While some think this is going to be a move…
Read moreTighter Mortgage Rules Open Up Rental Market
It can be hard sometimes to focus on the positives that came out of the tighter mortgage rules that were put in place nearly a year ago. But in addition to the reason for the changes in the first place, helping curb household debt and prevent a housing bubble, there’s another positive that’s come of…
Read moreHow to be a Part of the U.S. Takeover
This morning we talked about how Canadians are investing heavily in United States real estate, and realized that it may have gotten many investors excited about jumping into the waters and doing the same. But just how do you do it? First you have to find the deal, then fund the deal, then make the…
Read moreCanadians are Over-Taking the United States
At least when it comes to real estate anyway. For the past several years, investing in real estate in the United States has been something extremely risky for everyone, Canadians and Americans included. But there’s been an interesting shift in the past year or two. American real estate is being offered for rock-bottom prices, far…
Read moreWhat to do if Your Tenant Smokes
Just a few days ago we talked about how smoking in your home can decrease its value. But what do you do if it’s your tenant that’s smoking in your property? You definitely don’t want to lose resale value, which you will if they’re smoking in the home. But can you give them a verbal…
Read moreTax Law Getting Tricky for Condo Flippers
Canada has a major deficit problem, and a huge national public debt, and both the Conservative government and the CRA are about to do something about it. Tax laws are already very tricky when it comes to investing versus living, and especially when it comes to property ownership. When you’re living in a principle residence,…
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