How to turn a $310 negative cash flow property to a positive $2400 per month using this one strategy
How to turn a negative cash flow property to a positive cash flow in the midst of a rising rates environment ? Has your mortgage payment gone up as a result of the Bank of Canada overnight rate increases in the past 6 months ? Are you feeling the cash flow pressure on your primary […]
Adapt and Thrive Tips: What is the trigger rate and how to manage it?
https://www.youtube.com/watch?v=31uHeIo5eGA If you are in a variable rate mortgage product today where the payment has been fixed and stable during the rising rate environment that we’ve been experiencing, then you need to pay close attention to something called the trigger rate. You will usually find your trigger rate in the credit agreement you signed with your […]
Quick tip: Some context please
While prices may soften in the short term keep these important points in mind: We still need plenty of immigration to keep the economy strong and these newcomers all need a place to live Canada still has a housing shortage, demand for housing will continue to outpace supply since we are not building enough new […]
Long term Perspective
With interest rates on the rise since early 2022, we have noticed an increasing level of fear, doubt, worry, and concern in the marketplace. Unfortunately for many investors, they are allowing themselves to become paralyzed when they should be preparing and positioning themselves for the great opportunities to come. To help put things into perspective […]
BoC rate hike was extreme, however DON’T PANIC, we have a few suggestions!
I am sure you have all heard of the BoC announcement today!… No one saw those extra 25 basis points coming, but of course, it’s been loud and clear that they are planning to increase rates, so from that respect, no one is surprised. I am not going to offer you predictions on where the […]