Articles

Time for Your Financial Physical

Creating a financial snapshot was one of the best single things I ever did. I’m not going to lie to you, the first time I did this exercise the numbers really sucked. So much so, I didn’t even title the spreadsheet, “net worth” or anything...

Are you feeling cashtrated?

I was reading a great book today. The legendary David Chilton’s newest book, the Wealthy Barber Returns. I came across this passage, “each year, the Washington Post runs its Mensa Invitational contest where readers are asked to add, subtract, or change one...

Real Estate Investing can be like Insider Trading

Insider trading in the world of stocks and corporations is very frowned upon. In fact, as Martha Stewart and many others can attest, you can face major fines and even prison sentences for indulging in that practice. But, in real estate, you have the ability to go out...

Joint Venturing in Real Estate 101

A joint venture agreement can be defined as a business arrangement between two or more parties, where they agree to pool their resources for the purpose of accomplishing a specific task. In the purchase and management of real estate, some of these...

Never Buy Negative Cash Flow!

Cash flow is the net result of subtracting all cash out flow from all cash coming in. Quoting the book from Scott McGillivray and Michael Sarracini, Cash Flow for Life “This has nothing to do with taxes or deducibility; its straight cash. Subtracting every...

Books that have Inspired me to reach for my dreams

The first 40 years of my life were often spent treading water when it came to growth and financing wealth. Little did I know when I got my real estate license that I would begin a journey into education as well. Like most of us, I always felt that education was...

Avoid the Negative Influences in Your Life

Recently at my parent’s home, we got into a conversation about goals and plans. I mentioned that I keep a checklist, titled “bucket list” of goals I want to accomplish in my life. Some are simple little excursions (fly on a hot air balloon), some are...

Oshawa Rental Licensing Area

A lot of people have asked me “what’s the deal with the Oshawa licensed area”. The easy answer is to say to stay away from this area. However, there are some real opportunities to work within the rules set forth by the city. The first thing to clear...

It Is Time to Take Action

Before you decide whether you should buy single family homes, 2-4 unit suites, larger multi-family, student rental, do rent to own, wholesaling or flipping, the first thing to do is educate yourself, then put yourself in a position to take action. Julie Broad wrote,...