I’ve never lived in a Queenslander and never thought I would but walking past these magnificent beauties every day on my strolls around the neighbourhood has made me want to embrace fully our return home, including living in one of these glorious old houses. The Queenslander style home ...
Maybe this is just a Toronto thing. Let’s go to a city that has seen its housing market really fall on tough times as a result of the oil collapse, PLUSrent has actually gone up over the last year. The average rent in Calgary is roughly $1,200andthe average cost of a property is...
8. Is it better to rent or buy? The decision to rent or buy is truly a personal decision. There is no clear cut way to assess whether buying or renting is a better financial decision. The decision rests on several factors, such as interest rates, property values, down payment requiremen...
Historically, cap rates on investment real estate are 10% to 12%, but in our era of cheap money and sub-5% interest rates, cap rates of 5%-6% are common today. The spread premium between real estate cashflow and savings account interest compensates holders of real estate for the additiona...
The only thing I need to worry about each month is picking up the $1,200 rent check and taking it to the bank. Love it! Savings = Roughly $0 #6. Peace Of Mind I saved the best for last. Peace of mind. The bank has absolutely no idea that our rental house exists,and that makes...
I’m going to be almost 100% playing with the houses money which means I can’t lose (Thanks Jim Cramer!). If I was anyone else, I wouldn’t be so aggressive, and make sure I had 30% in cash to prepare for the next crash. Maybe its next month, maybe it’s in 2017? It’s...