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Whether you are flipping, flipping to yourself, or selling, you need to understand the value of your property to help you make informed decisions.   There are a few different ways you can obtain this information without contacting a realtor or appraiser.   Canada Housing and Mortgage Corporation (CMHC) publishes…

Whether you are planning on being your own property manager or planning to hire a professional property management team, you should have a sound understanding of the the Property Management System of Duties.   This short course on Property Management Basics will tell you more about what property management is,…

So how do we calculate Active Appreciation?   Watch the video below and follow along with this breakdown:   Down Payment = $91,000 Renovation = $60,000 Building Inspection = $500 Land Transfer Tax = $5,575 Legal Fees = $1,500   Total Cash Required to Close = $158,575   We also…

The ability to date a property based on the materials it was built with could impact your renovation plans, long-term budgeting, and even your insurance policy.   This week John Brook and I are sharing our expert insights to find the hidden clues you could use to date a property.…

The #1 fear for new investors is, “what if a tenant refuses to leave my property?” Recently the opposite happened to me and I had tenants leave my property with very little notice! Days in fact!   I had a half month’s rent collected for July, last month’s rent collected…

Increasing the rent doesn’t need to be hard. Let’s not over complicate it.   When there is a vacancy at one of my properties or if I acquire a new property, I always follow the three R’s: Renovate, Refresh, Redecorate.   Small renovations around the home, refreshing with a coat…

I want to tell you about the evolution of my flipping business.   If you’ve ever purchased a property, you know that qualifying for the mortgage and getting all the paperwork in order for the lender is a lot of work! AND it’s a pain in the butt!   And…

When I purchase I property, in most cases my exit strategy is Buy and Hold.   Now I was purchasing quite a few properties at a time when Flipping became very popular. I was always asked by my peers, “Michael, why aren’t you renovating and selling, why are you just…

Hey there! It’s Michael here. Many people add value to their properties through renovations…I certainly do. It’s a repeatable strategy that increases the value of a property without having to wait for the market to increase.   This means as the investor you get BIG results in a SHORT period…