One of the key components of being a confident real estate investor is knowing how to perform calculations on investment properties. By knowing your Return on Investment (ROI), you can determine if a property aligns with your investing goals.   Below is an example of how we would run the numbers for a Turnkey Duplex.…

Lease to Own (LTO) is an arrangement where an individual enters into a lease agreement with the property owner, with an additional “Option to Purchase” agreement. The Option to Purchase typically gives the tenant the right to purchase the property at a predefined future date for a prespecified purchase price.   LTO can be a…

For institutional financing to be an option, you need to know what you can afford. There are several tools online that will help you. You should also work with your mortgage broker to determine your affordability.   What Can You Afford? By entering your annual income, monthly debts, your down payment, and interest rate, you…

Now that you know what your expectations are, join one online group and one in-person group (or two online groups if in-person groups are not possible for you). Network! Who do you want to be within the groups you join?   Do NOT be someone silent. If people do not become familiar with your name, there…

Let’s talk about increasing your rental income when you have an existing long-term tenant without completing any renovations at the property.   Some landlords say that they don’t perform rental increases annually because the allowable annual increase is so small, they just don’t care about it.   I disagree.   While the annual increase amount…

Whether you are planning on being your own property manager or planning to hire a professional property management team, you should have a sound understanding of the the Property Management System of Duties.   This short course on Property Management Basics will tell you more about what property management is, what it entails, why it’s…

So how do we calculate Active Appreciation?   Watch the video below and follow along with this breakdown:   Down Payment = $91,000 Renovation = $60,000 Building Inspection = $500 Land Transfer Tax = $5,575 Legal Fees = $1,500   Total Cash Required to Close = $158,575   We also want to include 25% for…

The #1 fear for new investors is, “what if a tenant refuses to leave my property?” Recently the opposite happened to me and I had tenants leave my property with very little notice! Days in fact!   I had a half month’s rent collected for July, last month’s rent collected and a 1-year lease signed.…

Selecting a market to invest in can be stressful, but it doesn’t have to be if you are armed with the right tools and knowledge.   There are many statistics you can go over regarding the real estate market, but we have narrowed down the 6 most important stats that will impact your investing strategy.…