Author: Admin

Aug 1

Is your home an investment?

First of all, lets define what an asset and a liability is. One simple way to put it is an asset is something that puts money in your pocket. A liability is something that takes money out of your pocket. You’ll see a lot of blogs such as https://www.greaterfool.ca/ or https://www.millennial-revolution.com/ compare stocks and real […]
Jul 24

How to Cashflow Over $1,000 in 2019

Here is a detached home in the north end of Barrie that we closed on in May 2019. By converting it to a legal duplex, you effectively increase your rental income by 50%. Purchase Price: $458,000Downpayment + Closing Costs: $99,675.19Renovations: $40,90680% LTV @ 2.74% 4 year fixed, 30 year amortization Monthly Rental IncomeUpper: $1,675 + […]