The Ontario government launched the Housing Affordability Task Force, which has been tasked with finding solutions on how to increase the supply of both market-rate rental and ownership housing.   The task force comprises nine members who will provide the government with recommendations on additional measures to address market housing supply and affordability. They explore measures to address housing affordability by: Increasing the supply... [read more]

In Canada, various programs are available for first-time homebuyers, with the aim to help make buying your first home easier.  RRSP Home Buyers’ Plan If you haven’t purchased a home within the last four years (or lived in a spouse’s home in the same timeframe), you may qualify for the RRSP Home Buyers’ Plan. With this plan, you may borrow up to $35,000 tax-free from your RRSP to fund your down payment. Just keep in mind that the money must be in your RRSP... [read more]

Are you considering listing your house or condo for sale? Obviously, the seasons tend to play a crucial role in the business of the real estate market. When the weather is nice, the real estate market usually booms, as buyers spend a lot of time touring open houses and finalizing shortlists. A lot of markets become slow in the winter. However, buyers do not disappear completely.     This article discusses why selling your home in the winter is better than waiting for the... [read more]

Dear reader, Making profits and increasing cash flow through passive income is always a dream of everyone (at least everyone I know)… But not everyone is filthy rich. In fact, only a few of the lot have the luxury to buy expensive properties with their own money… But that doesn’t mean that investors with low investing capacities can’t profit from investing… They can by Real Estate Syndication… Real estate investment syndicates have made... [read more]

One of the sure-fire ways of making extraneous amounts of money is through investing… Not just by investing in a single asset. But by investing and reinvesting in more than one income resource. So if one asset doesn’t make you money, the others would. When your resources start to make profits over their investments, it’s commonly called passive income. Passive income is a way of generating multiple income streams with little investment. Passive income... [read more]