Buying rental property can be one of the most secure and fastest ways to build wealth. However, before you begin your entrance into real estate investing you should consider the following pros and cons. Main advantages: 1. Tax advantages You can deduct certain expenses from your income – reducing the taxes you owe. Deductions can include mortgage interest, property taxes, insurance, utility bills, maintenance/upgrades, and property management fees. 2. You may be able to deduct... [read more]

Condominium sales are booming in many urban areas in Canada especially in large cities such as Toronto and Vancouver, with several buildings being developed. Today, condominiums continue to appreciate in market value at a rate that is almost as fast as that of single-family residences making condos a good investment. Buying a condo with features that are in high demand will maximize the profit on your real estate investment and create an enjoyable condo living environment. A condo with a... [read more]