I get asked this all the time from already and newbie real estate investors why and how I invest in condominiums.  I get comments like "You can't cashflow with the maintenance fees!" or "The prices just don't make sense!"

I usually respond by saying cashflow with freehold is usually just an illusion.  Most investors pocket this net cash inflow after expenses every month until there is a major repair like a roof repair, roof replacement or furnace replacement.  Then the investor usually has to borrow to get the $5,000 to perform the repair.  Now that was a huge negative month!

Read More

Bordering Brampton and Mississauga, these Brand New townhomes are $329,000, have 3 bedrooms, 3 baths, finished basement, single car garage and all appliances. Occupy in 90 days. Contact me for more details!

CAAMP Foundation and Credit Canada join to provide an online course that will assist Canadians in their journey to responsible homeownership. Saving for a down payment, government programs, mortgage basics, house hunting and achieving financial success all great tips here.

http://www.vubiz.com/chaccess/CAAMP-Credit/