Found 3 blog entries tagged as Investment property.

In the ever-evolving landscape of real estate and personal finance, Canadians are discovering innovative ways to leverage the equity in their homes. One such financial tool that is witnessing a resurgence among homeowners is the second mortgage. With property values soaring across the country, homeowners find themselves sitting on substantial untapped equity in their residences. This article explores what a second mortgage is and the myriad ways it can be employed to consolidate debt, finance home improvements, or even fund an investment property.

Understanding the Basics

A second mortgage, also known as a home equity loan or a home equity line of credit (HELOC), is a loan taken out against the equity you have in your home. The equity is the…

181 Views, 0 Comments

Read Full Post

Commercial For Buyers

The iconic red, white and blue balloon that represents one of the largest brands in the world is much more than it seems. The RE/MAX brand is made up of three different segments combined to become a name to be reckoned with in the real estate industry. Whether buying a residential home, a luxury property, or a commercial property, RE/MAX delivers a level of awareness, trust, and confidence competitors simply can’t match.

With access to the industry’s top training system, corporate support services, and a powerful referral network, it is easy to see why RE/MAX has become one of the most dynamic names in the commercial sector.

In your search for a RE/MAX Commercial property, you will work with a RE/MAX Commercial…

421 Views, 0 Comments

Read Full Post

When it comes to investment properties, there’s a lot to take into consideration. Aside from the financial and tax responsibilities, finding an investment property that makes sense for your situation requires some serious soul-searching. 

It’s best to take a look at some of the pros and cons before getting into the market, as each type comes with its own set. However, there are some pros and cons that apply to every type of investment property. One pro, of course, is you’ll have a second income—always a plus. The biggest con for any investment property is you’re not guaranteed to have tenants at all times, which means that second income may not be consistent. As the landlord you’re also on the hook for any repairs or issues that need to be dealt…

337 Views, 0 Comments

Read Full Post