Found 4 blog entries tagged as property management.

Welcome to our blog, where we delve into the exciting world of real estate and explore different ways to maximize the potential of your property. In this post, we'll discuss the pros and cons of utilizing your home as an Airbnb, shedding light on the opportunities and challenges it presents. Whether you're considering renting out a spare room or listing your entire home, read on to make an informed decision for your property's future.

Pros of Using Your Home as an Airbnb

Rental Income Potential

One of the biggest draws of becoming an Airbnb host is the opportunity to generate additional income. By offering your home as a short-term rental, you can tap into a booming market of travelers and tourists looking for unique and personalized…

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Welcome to our beginner's guide on investing in real estate. Real estate has long been considered a lucrative investment option, providing both financial stability and potential for substantial returns. Whether you're looking to diversify your portfolio, generate passive income, or build long-term wealth, real estate investment can be a rewarding endeavor. In this guide, we'll walk you through the fundamentals of investing in real estate and provide valuable insights to help you get started on the right foot.

Why Real Estate Investment?

Investing in real estate offers several advantages that make it an attractive option for beginners. Unlike other investment avenues, such as stocks or bonds, real estate provides tangible assets that you have…

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Doing your due diligence before buying a condo is of the utmost importance. Potential questions include: 

  • What are the service terms for board members?
  • Does the condo board have a reserve fund and how much money is in it? 
  • Does the condo have any upcoming major repairs? 
  • Are water, electricity or heating included?
  • Is maintenance of common areas (garbage pickup, snow removal, etc.) covered by condo fees? 

They’re all questions you’ll want answers to before you decide to put in an offer. 

Whether you live in a big city full of condos like Toronto, Ontario, or a smaller town like Canmore, Alberta, condos are often seen as a first step in homeownership for young adults. They’re also popular among seniors looking for…

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If you’re a small or medium size business owner, you’ve probably asked yourself more than once whether it makes more sense to buy than lease. The answer is, it depends.

To help you decide what course of action is best for your company, consider the following:

Benefits of Buying

As a business, when you buy a property, there are several financial benefits:

  • Monthly costs remain relatively steady since your mortgage payments are fixed
  • Mortgage interest payments are tax deductible
  • Like other capital expenses, you can ease your tax burden by depreciating the building
  • You may be able to free up working capital if buying results in lower overall monthly costs
  • If you have surplus space, you can use the additional rent revenue…

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