There is a fundamental difference between buying a property solely for investment purposes and buying it to live in it. We all want to live rent-free. Having the revenues cover all of the expenses, including the unit we occupy. And while all of this is feasible, it is important to mention that certain factors affect this outcome: size of the building, revenues, etc. So let's take a look at what … [Read more...]
A real estate investment plan
May 16, 2007 By Leave a Comment
This very complete article was released this morning by the Financial Post. Richard Croft goes on to explain why is real estate a good diversifier in your portfolio: from owning a home to becoming an investor in Real Estate and it's positives aspects as well as the negative ones. Richard Croft, Financial Post Their principal residence is most people's primary exposure to real estate as an … [Read more...]
The Resale Market Is Heading for Another Record Year
May 15, 2007 By 1 Comment
Greater Montréal Real Estate Board Statistics The resale market is heading for another record year with an11% increase of transactions during the first four months of 2007. According to data recorded in the Greater Montréal Real Estate Board’s (GMREB) MLS® system, 21,908 houses changed hands compared to 19,807 transactions between January 1 and April 30, 2006. “The volume of transactions … [Read more...]
Females Drive Housing Demand
May 15, 2007 By Leave a Comment
...And hammer away at renovations Royal LePage survey finds 25% of women searching for a home are looking for a ‘fixer-upper’ and plan to do the work themselves – Currently, 30 per cent of single, never-before married women own their own home, while 45 per cent of divorced or separated women and 64 per cent of widowed women are homeowners, according to the Royal LePage Female Buyers … [Read more...]
Lets connect