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.
The news in Ottawa about Rent to Own is all bad these days. Every media outlet is laying out the details of the pounding that investors are taking in the fiasco with Golden Oaks. Commentary ranges from bad to awful. So what’s going on here? Are all Rent to Own […]
For the past few days the news in Ottawa has been filled with the heart-breaking story of a family that lost $10,000 and was forced to move out in a Rent to Own deal gone terribly wrong. The company behind the deal is allegedly being sued for more than $2.25 […]
We recently presented our Rent to Own program to a group of real estate professionals. During the question period afterwards, one of the Realtors wanted to explore the investor side of our deals. When he learned about the strong returns he exclaimed, “Great returns and it’s secured by real estate […]
When you apply for a mortgage and obtain a commitment, you will be asked to sign a lot of documents. Among them is usually an offer for mortgage insurance. If the lender doesn’t ask about it, the mortgage agent will. It seems perfectly sensible in theory, but does it make […]
It seems that everywhere you look there are reports from experts about the dismal outlook for the housing market in Canada: “Resale home market sags 12%” (The Ottawa Citizen, Section D, February 6, 2013); “Clouds gather over Canadian housing market” (The Globe and Mail, March 15, 2013); “Canada housing agency […]