17, Feb
2016

New Property Transfer Tax Changes

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PropertyTransferTax

Courtesy of our good friends at Spagnuolo & Company Lawyers Re: Property Transfer Tax Changes   Good morning everyone. By now you should have heard about the changes in the latest budget regarding the PTT. Here is what we know. 1. There are no changes to the first time home buyer exemption limits; 2. All […]

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Vancouver named world’s third-least affordable real estate market   Go Figure Lack of supply Sellers afraid to become buyers Vancouver has one of the MOST RESTRICTIVE land use policies around Canadian dollar is increasing the red tag sale price of Canadian real estate New mortgage rules about to kick in are creating a false stimulus Asian […]

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29, Dec
2015

How to become mortgage free faster

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pay-off-mortgage

How to become mortgage free faster… Welcome back Mark Fidgett here with www.Notapennydown.com. A great way to start off 2016 with a few mortgage tips on how to become mortgage free FASTER. Firstly, always choose accelerated bi-weekly payments, do not go monthly. Everybody chooses monthly by default and it does not help you pay down […]

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markyes

This CBC Marketplace episode reminded me of a quote, “If you think it’s expensive to hire a professional, wait until you hire an amateur”. This is the 2nd time CBC Marketplace has done an expose on TD Canada Trust. The first time, TD failed badly. I have this thought that CBC Marketplace singled out TD and went […]

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17, Feb
2015

The secret to choosing a great tenant

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bad

The secret to choosing a great tenant. I don’t know about you, but, I’ve heard some real horror stories, when it comes to bad tenants. In fact, you may had a bad experience yourself. So how do you choose a good tenant? I sat down with a very successful, long time investor client of mine and I asked him… How do you pick such […]

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10, Feb
2015

Is renting always a waste of money?

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Is renting always a waste of money? This is a great video done by financial expert Preet Banerjee. Experience shows, the forced savings created by home ownership is a huge factor given that most don’t exercise this option. Not to mention the fact that real estate prices in Canada are still rising dramatically. Homeowners I […]

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ratecut

In the same week that we see headlines such as, Greater Vancouver real estate hits $3M sales record in 2014″ “Vancouver’s housing market is 2nd-most unaffordable in the world” “The Loonie flies south” we also see another major headline… “The oil market hits rock bottom” It’s this later message that factored heavily today as the […]

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12, Jan
2015

A Walk Down The Street

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sunset

“I walk down the street. There is a deep hole in the sidewalk. I fall in. I am lost… I am helpless. It isn’t my fault. It takes forever to find a way out. I walk down the same street. There is a deep hole in the sidewalk. I pretend I don’t see it. I […]

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Your Accountant didn’t tell you, did he?

A large and growing segment of Canadians are self-employed. In fact, the self-employed now represent close to 16% of the country’s workforce. Today’s generation of contractors, freelancers, consultants, commission sales professionals and small business owners have come to value independence in their day-to-day work. But that same entrepreneurship is often penalized when it comes to mortgage […]

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fact

A new Real Estate Council survey reveals 41 per cent of homeowners and 45 per cent of first-time homebuyers wish they had done something differently when buying or selling their home. Among things buyers/sellers reported wishing they had approached differently when purchasing or selling their home was having a better grasp of the process (buying […]

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