The real new math - real estate math!
Sunday, May 08
Learn about my new mortgage accelerator, a program unlike any other program out there. Let me paint two scenarios:Scenario #1 - A small single in VanierYou have a pre-approval for $263,276. You are putting down 20% (total $52,655.20). You plan to live in this house for 5 years. Your monthly m...
Formulas for Calculating HST Payable and HST Rebates on Investment Properties.
Sunday, May 08
Unlike purchasing a property for personal use, where the builder applies for the HST rebates, in the case of purchases of new construction condo or residential units as investments, the Investor is responsible for paying the full HST amount payable on new construction condo or residence at the ti...
When to refinance?
Sunday, May 08
This is a tough question. There are all sorts of important things to factor in. Penalties, timelines to sell, cash flows, lack thereof, etc. I think I have found a way to simplify things.Recently, by reviewing my portfolio, and working on my business, not in my business, I have made a number o...
Research site for Ottawa Condos and Lofts
Sunday, May 08
Here is a site that shows all the condos and lofts in the city of Ottawa -
Just the facts ma'am - according to CMHC
Sunday, May 08
According to * employment is up 3% in 2010* 25 to 30% of public sector employees will retire in the coming 10 to 15 years* over the next 10 years, single family homes will drop from 40% of the market to 30% of the resale market* vacancy rateOttawa - 1.6% - predicted to drop to 1.25%Brockville - 2...