May 2023

How to Calculate Your Land Transfer Tax

Posted on May 31, 2023

If you are buying a home in Ontario, we all have to pay a provincial land transfer tax. Here is a simple formula you can use to calculate it for any property. The land transfer tax formula is 2% of the purchase price minus $3,525.

So let's use this formula to calculate the land transfer tax on a $600,000 home. If you take your purchase price of $600...

Read More

Flipping real estate in Canada vs USA

Posted on May 18, 2023

Flipping investment real estate in Canada versus flipping it in the US are two completely different mindsets. For various types of real estate properties, including houses, multifamily residences, and commercial buildings, the process involves purchasing, renovating, and selling them for profit in both Canada and the US. 

That's the same. The biggest...

Read More

How to Find Great Real Estate Deals in 2023

Posted on May 12, 2023

If you're looking to invest in real estate in 2023, here are the top three things that you need to be doing right now to find a good deal. 

Number one, you should get familiar with the process of assessing properties and understanding the math behind real estate transactions. At the end of the day, it'll come down to whether the numbers work for you...

Read More

Things to Look for When Buying a Home

Posted on May 03, 2023

Things to look for when buying a home, obviously is having a reliable real estate agent that knows the market. All of a sudden you find a home that you really love and you put an offer and it's accepted, come to find out there is a fire hall right across the road that's proposed to be built and you didn't know that all hours of the day, sirens are...

Read More