It's always exciting to become a Real Estate Entrepreneur! Almost all markets are both highly active and profitable. Here are some tips on how to start your entrepreneurial venture: 1. STUDY THE BROAD MARKET Try to figure out if your interest and skill set is most suited in commercial or residential Real Estate. Typically, new entrepreneurs begin with residential because it's less complex than commercial. Also, most people have some experience in residential Real Estate from buying/ dealing with their own home. 2. PASSIVE OR ACTIVE INVESTING A Passive investor might hold a private loan not secured by Real Estate. Other ...
Tips To Becoming a Real Estate Entrepreneur
June 16, 2017
Signs a Home Buyer Isn't Serious
June 9, 2017
If statements like " This place is just perfect for us" and "I have to have it" were binding, selling houses would be a piece of cake. Considering that it is hard for home sellers to not get their hopes up when a buyer's admiring their home- only to be dissapointed when the buyer dissapears without a peep, here are some signs that a buyer is not serious about buying your house: The Buyer is Flying Solo If a buyer does not have a real estate agent yet, they probably aren't serious about shopping for a home. A buyer's agent ...
Mistakes first Time Home Buyers Fall Victim too Continued!
June 5, 2017
Calling all First Time Home Buyers out there! If you're considering buying your first home, you probably want to do a bit of research. Perhaps you'll talk to friends and collegues about potential areas to live in and prices regarding the process. However, that is not enough. You need a much more strategic plan to get that dream house you always wanted. Continuing from our previous "Mistakes First Time Home Buyers Fall Victim too" Blog, below are more common mistakes first home buyers commit and tips on how to avoid making these errors: 5. You Do Not Ask For Comparables: A good way to ...
A Chance to Enjoy an Incomparable Costa Rican Lifestyle!
June 1, 2017
Welcome to PACIFICO in Playas Del Coco, Guanacate, Costa Rica! This gated, guarded, and exquisitely planned Resort Community is as exotic as the natural beauty that surrounds it! A short 20-minute drive from the airport, PACIFICO Owners and guests can enjoy many resort style amenities including a private Beach Club with Restaurant & Bar; Health Club & Spa- with tennis courts and conveniences that include The Auto Mercado Center and the Village Shops! This Luxury resort community is built to the highest U.S. Standards offering it's owners and guests the opportunity to experience the incomparable Costa Rican Lifestyle! If ...
Mistakes First Time Home Buyers Fall Victim Too
May 30, 2017
Calling all First Time Home Buyers out there! If you're considering buying your first home, you probably want to do a bit of research. Perhaps you'll talk to friends and collegues about potential areas to live in and prices regarding the process. However, that is not enough. You need a much more strategic plan to get that dream house you always wanted. Below are some common mistakes first home buyers commit and tips on how to avoid making these errors: 1. You Fall In Love With Home Staging In its simplest form, home staging is when the seller declutters and rearranges ...
Interest Rate Announcement from the Bank of Canada
May 24, 2017
The Bank of Canada is sticking with its interest rate of 0.5%, saying uncertainties continue to overshadow the economy's strange-than-expected start to the year. In explaining its decision, the bank highlighted weak wage growth and the softening rate for underlying inflation as examples the economy still has room for improvement. The banks scheduled rate announcement comes after it raised its 2017 growth projection last month following a surprisingly healthy start to the year in areas such as employment, consumer spending and the housing markets. In wednesday's statement, the bank added better business investment numbers to the list The banks statement ...
Getting Started With a Real Estate Investment? Here's An Easy Way To Do It!
May 9, 2017
For a newbie, the world of Real Estate investing can be very confusing! One easy way to get started is with a Real Estate Investment Trust, or REIT! A REIT is a way to increase the amount of Real Estate in your financial portfolio without requiring you to actually buy a piece of property! REITS were created by congress in 1960 so that investors without the millions of dollars required to invest in commercial properrty could invest in Real Estate. Many REITS are publicly traded on stock exchanges and own a variety of property such as shopping malls, shopping cneters ...
Updates on the new Provincial Real Estate Guidelines
April 21, 2017
Real estate is a big part of the Canadian economy. According to Statistics Canada, residential construction is accounted for about 6.8 per cent of Canadian GDP in the year of 2013. As the government has decided on making new changes to the real estate market, here are the new Provincial guidelines. CBC’s Queen’s Park reporter, Mike Crawley, reported many of the measures earlier today before Wynne had outlined them. These measure include: A 15 per cent tax on home purchases by non-resident foreigners in Toronto and the Greater Golden Horseshoe. Wynne said the tax would not apply to new ...
Come Join Richmond Hill's Spring Rummage Sale
April 19, 2017
Since Spring has sprung, everybody's got the itch to do some spring cleaning. This Saturday, April 22nd, Richmond Hill Presbyterian Church will be holding a rummage sale for anybody who wants to find new treasures like antiques, vintage video games and clothes. All are invited to come browse the goods from 9am until 12pm. The church also hosts community pancake breakfasts. The next one will take place on May 13th and sausages, eggs, pancakes, fruit topping, tea, coffee and juice will be served. All proceeds from the breakfast will be donated to 360Kids. Richmond Hill has a strong sense of ...
Canada's Real Estate Market: 2017
March 31, 2017
The ultimate question buyers and sellers have is whether or not the Canadian Real Estate market will crash is 2017? All reports and analysis lean towards a flattening out of property prices in most Canadian markets, with some areas of the country experiencing a decline in both sales and prices, as other areas continue to experience price gains, yet at a much slower pace than recent years! Over the last few decades, the combination of very low interest rates and the regulations that allow easier access to mortgage financing has allowed more borrowers to enter the real estate market which ...