A few years ago we were on the hunt for a larger residential property to add to our portfolio. One of our colleagues put us in touch with a Realtor who was supposedly the go-to person in this sphere of real estate investing.
In late 2006, when one of my three-bedroom units became available, I received an application from a single mom with two young children. She had terrible credit, questionable references and a history of moving from place to place. She also spun a good tale about how she was working hard […]
What I’m about to discuss is important for everyone. However, this post is addressed to women in particular for one key reason: We tend to be more financially vulnerable. In case you haven’t guessed it yet, I’m talking about your Credit Score, otherwise known as your Beacon score. Let’s look […]
Every week I hear from clients who are in the following situation (or some variation thereof): They have a chunk of money set aside as savings and they’re adding to the pot every month. The problem is that they also have debt and they wonder if they should continue to […]
A few weeks ago The Ottawa Citizen featured an article entitled “Becoming a major play: Once just a fraction of the market, condos are here to stay.” In the article, we learn that condos now represent a significant segment of overall sales and that they are gaining in popularity with […]
In our Rent to Own business we work with a lot of Mortgage Agents and lenders in the Ottawa area to help families with credit challenges get into their own home. In the last year or so we have been hearing that Mortgage Agents are facing a number of challenges […]
The real-estate maxim “location. location, location” applies to Rent to Own too.
Looking at Rent to Own? Here is the most important question to ask.