Expanding Real Estate Portfolio
Remember the 90s? A great time to buy stock in flannel, but not such a great time to buy real estate. A real estate investor in 1990s Hamilton wouldn’t even recognize the city today. Back then it was all about the long game: Buy a property – rent it out for 15 years – sell it and hope for the best. Back then, investing in real estate was all about cash-flow. Do the rents cover the carrying cost of the property? Great! Sit on that property for 15 years and know that the return on your initial investment is assured by the demand for rental units. Whether or not the property grows in value depends on how high the rents are. Worst case, the tenants paid off your mortgage. From... Read more »
Expanding Real Estate Portfolio, Home Away From Home
Winter blues bringing you down? Thinking of May 2-4, the unofficial start of Cottage Country Season? Well, you’re not alone and it’s likely this relentless winter to blame. Fun or not-so-fun fact: The Greater Hamilton Area has had more snow so far than ALL of last...
