All Forum Posts by: Matt Tager

is this a good property if bought at 550k reasons why if yes or no thank you https://www.centris.ca/en/4plex~for-sale~saint-remi/12833137?view=Summary&uc=5 I'd live in a unit

I need help understanding real estate taxe benefits Here is an example purchase price 550k down payment 55k (owner occupied) 10% interest rate: 3% amortization: 25years monthly payment - 2415.19 1250$ a month towards interest on average for first year municipal taxes : 4,665$ school taxes: 913$ property in montreal lasalle quebec canada it is a 4plex 2x4.5 and 2×5.5 what will be the taxe benefits from this situation please explain how you calculated and how I can add the taxe benefits to my ROI for the year thank you very much

Hello I currently invest 80%+ in the stock market (I live with my parents) make 60k a year My plan is to invest as much as possible in "safe" blue chip stocks as a vehicle to grow my capital for a real estate Income property in the near future. (2-3years) I invest through a TFSA which will obviously help with capital gains from my investments. I would like your opinions on this strategy. Is it safe? Other options? your experiences?

thanks a lot for all the help!

hello I'm interested in multi family buildings I am at the very beginning stages but I have some concerns when it comes to getting the loans from banks. if I were to save up the down payment on a 1,000,000$ building (16 units, 4.5) 20-25%. would I also need assets in the amount of 200-250k for the bank to approve the loan? thank you !