What We Know Blog

Searching for the right property for a rental will depend on what your goals are and what you want to achieve.  There is no right or wrong property.  Let’s take a look at each property and the advanta...

This may be one of the most overlooked aspects of buying an investment property.  

Too often we get “I have a realtor already” or “I want to stay with my bank or mortgage broker”.  We do not discourage...

What is the Smith Maneuver?

The Smith Maneuver is a legal tax strategy that that effectively makes the interest on a residential mortgage tax deductible in Canada.
We do this by converting the interest ...

First thing I always look for before purchasing a property is the location.  You want to make sure the property will either cash flow (good renters) or appreciate in value.  Most important, you want t...

Why purchase out of province?  Let’s face it the best area to buy might not be where you live!  Prices could be too high, no appreciation or cash flow.  Sometimes opportunities present themselves in o...

Let’s face who would not want to buy a property with no money down!  Use someone else’s money.  If it was that easy we would all do it right?
OK so here is the catch.  You purchase a property with a mo...

First thing I always look for before purchasing a property is the location.  You want to make sure the property will either cash flow (good renters) or appreciate in value.  Most important, you want t...

Why is this so important?  This is one of the main reasons I started doing this.  I would get so frustrated with real estate agents sending me cash flow projections that were not even close to the rea...

The HELOC is an essential part of the structure for investing in a rental property.
By using a HELOC on the principal residence you can borrow the 20% down payment for the purchase and 100% tax deduct ...

A lot of people come to us and say they want to flip a house.  There are two ways to do this.

• You can buy a new build and sell after or just before completion.
• Purchase a home that needs major rep
...

Do you need to incorporate?

Keep in mind when buying a long-term rental, you are deferring the growth till you sell the property.  The only tax is the money earned on the rental, less expenses.  If str...

B- buy
R- rehab
R- rent
R- refinance
R- repeat

The key to the BRRRR method is to buy undervalued properties, renovate them, cash out the equity and then buy another property.

Buy - You need to find a proper...