Lifting the HOA Veil

In real estate sales, sellers are required to disclose any material fact that any prudent buyer would want to know before completing a purchase. Property located over a toxic waste dump would be an obvious example of disclosure and the need for it. There are less catastrophic issues, like roof condition or a leaking crawlspace…

Making Canadian Suburbs More Age-Friendly

Two-thirds of Canadians live in the suburbs, but the car-dependent neighbourhoods are “no place to grow old,” says Glenn Miller, a senior associate at the Canadian Urban Institute. As the population ages and the life expectancy of Canadians increases, there’s a lot of discussion about where older people are going to live and how to…

The Inside Scoop on HOAs

Last week we asked: To PMI or not to PMI? This week we tackle another of real estate’s burning questions: To HOA or not to HOA? It’s not an easy question to answer because everyone has an opinion, and it turns out those opinions are colored by all kinds of stuff, like age, gender, and…

Housing Affordability is Canada’s Hottest Issue

With mortgage interest rates climbing, many Canadians are struggling to pay their debts or save enough to get into the housing market. Everyone has an opinion about how to solve the housing affordability crisis, here are some of them. Municipal elections have just concluded across Canada, and the hottest topic on the campaign trail was…

Moving Abroad: Is It for You?

On the airplane seat next to us, returning to his new home after a short visit with family in California. On her way to meet her fiancé on the catamaran where he conducts daily sunset tours. Behind the counter in the organic t-shirt store just across from the beach. They were seemingly everywhere: people who…

To PMI or Not to PMI

Is Private Mortgage Insurance (PMI) necessary? Will it help me buy a house? Is there a way around it? Those are the questions. Actually, they probably constitute only the tip of the mortgage iceberg if you’re buying your first home. But squaring away the PMI query is an important effort that will help you zero…

How to Deal with Cranky Toddlers During the Move

Moving is an overwhelming experience. It is difficult to say whether you are excited about the new place or melancholic about the one you are leaving behind. You are trying hard to handle all those jumbled up emotions, along with the stress of getting everything done on time. The last thing you need is the…

Is There Anything Left to Flip?

So you want to flip a home. Yeah, well, you and everybody else. “Just more than 207,000 homes were flipped in 2017, according to a new report from Attom Data Solutions, which defines a flip as a property bought and sold in the same 12-month period,” said CNBC. “That is the highest number of flips…

Buy Real Estate Now

Don’t have the resources to purchase real estate on your own? Do what I did, buy real estate with partners. I will have an entire series on this subject soon if there is an interest. We call it “Syndication” and it may be your key to financial freedom and a successful real estate business. Considerations When…

Buying a Rental Property? Here’s What You Can Expect

If you run across someone who owns multiple rental properties, it’s very possible that individual never intended to own so many. In addition, those who own a rental property might also be “accidental” landlords after having inherited a property or renting out their current home while buying another. Real estate investors can often find themselves…

Pros and Cons of Buying a Tiny Home

Coyote, the son of Lily Tomlin’s character on the hit Netflix series Grace and Frankie, attempts to prepare a meal in his tiny home. Hilarity then ensues as he tries to maneuver through the dinky kitchen space without running into, or over, his girlfriend. Such is the reality of tiny home life, on TV and…

Legal Marijuana: Where To Move, And Why

Because you need it for medical reasons. Because you want to become a grower or open a dispensary. Or because you’re simply a fan of getting high. They’re all reasons for moving to states where marijuana is now legal. But there are also a few you may not have thought about, like the fact that,…

There Are Tax Benefits With Home Ownership

Homeownership has always been the “great American dream”. And Congress — with one exception — did not take it away when it passed the tax reform bill last December. To foster and encourage this dream, Congress has consistently enacted — or preserved — tax legislation which favors homeowners. Indeed, much has been written that our…