New Pre-Construction Homes & Condos Mount Uniacke NS

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New Pre-Construction Homes & Condos Mount Uniacke NS

Is owning an investment property in Mount Uniacke, Nova Scotia profitable?
If you aren’t familiar with Nova Scotian real estate markets, it can be challenging to understand what makes this area stand apart from other parts of Canada. Here’s everything you should consider prior to listing/selling your property. Nova Scotians refer to themselves as “Yanks”, although they call Toronto the Big Smoke. They like to point out that they speak English instead of French. If you think I am joking, then check my profile picture which says YANKS & CANADIANS ONLY 🇨🇦 😉 Amherst was one of 4 suburbs voted most popular place to live in Canada by MRC Data Insights in 2018. Why did it rank well? Because people love their community parks and recreation centres, walkable streetscapes, vibrant neighbourhoods, great schools, affordable housing, and proximity to the Bay du Vin Brewery. There really isn’t anything negative about living in Amherstview but maybe a little boring. However, once you move on to another city, you won’t miss anything because Amherst is small enough to visit often and big enough to feel secure while away. Here's why everyone who knows me thinks I'm crazy... #yanknsunscottie #yankeducatamyscottie [/caption] Mount Uniacke Township sits along Bay du Vin Lake. A short drive through beautiful forests, lakes, rivers and streams will take you minutes to get to town centre and shopping malls in Dartmouth and Halifax. From any part of this township, travel times towards these 2 cities in New Brunswick are around 35 mins via highway 102. We encourage visitors to explore the rest of Nova Scotia too. While it might seem impossible today since the global pandemic shut down almost every aspect of life, 2020 will bring back some normalcy and allow us to reevaluate our priorities. One thing is certain, buying a house in this township will always be special; whether it ends up being your family home or simply a vacation retreat. The price per sq ft varies depending upon location, layout, size and amenities you desire in a home. Generally speaking, the lower end of the range starts at $150K CAD ($120k US). Most listings start in the high-$300Ks to $350Ks CAD ($250k USD), with homes selling for close to the higher end of those ranges. As you browse through available properties online, try getting recommendations from friends and relatives who currently own or lived in the same type of home(s) that you are interested in. Many listings have photos and videos attached, giving you something tangible to work with during showings. One of our favourite ways to see homes in action is to attend Open Houses. These events usually happen twice monthly across the whole province. Some homes offer breakfast treats for guests attending the event. When viewing homes yourself, ask questions to learn about specific details and quirks about each home. Take notes on things you find interesting. Also note the seller’s experience level and the condition of the home. For instance, if you notice stains or discolourations on ceiling tiles, flooring, appliances and...
New Home Mount Uniacke Buying 101
Before visiting any realtor contact me first. I will send you my detailed profile of who i am and what i care. If this sounds good then lets move forward with things. Also get ready for some tough questions, but be patient and polite because this is something i would like to keep forever. If you are looking for a house / apartment / townhouse / condominium anywhere in Canada than please message me back to discuss further what type of place you are looking for. When we meet and talk together it's always nice to see each other face to face. So please bring a pen and paper along since most people tend to forget them when talking to someone online. My email address is [email protected]. I try to answer emails fast during normal business hours since I'm working fulltime and sometimes work outside those times due to personal events. So my response time could slow down occasionally without notice. To ask specific questions regarding anything you're interested in just simply ask and I'll help you through everything you need to know. For example i've helped many clients purchase homes before and some sold houses they had previously bought themselves. All the info is available below. Just remember this is an investment and this should only happen once in life unless you buy multiple properties like myself. So treat this as seriously as possible you won't regret investing yourself in what was meant to be something great!! Here is what you need to invest your cash. A $10 000 deposit plus another $5K for closing costs. Then around 3 months after signing escrow your bank account gets wired $25000 with no strings attached. Now this does come with a price tag, which includes monthly mortgage payments ($1000+per mo), property taxes ($500 per mo+) maintenance fees ($400 per mo+) utilities charges (if applicable) (~$200 per mo). These amounts vary depending on location and size of the unit/building. You must pay them every quarter. All prices are subject to increase annually, so expect changes yearly. Property tax increases by 1% above inflation rate, while both rates increase 1% every year. Also note that you cannot afford to own a property until after 12 mos. Have a minimum $5000 balance left in their banking accounts for emergencies to cover unexpected expenses. This amount will usually cover up to 10 years worth of your regular living costs (rentals, mortgage payment) Your next step is sending us pictures of yourself. We use these images as a reference point to show potential buyers, landlords, contractors, banks and everyone else involved in the selling process exactly who you are in person. We also put some photos up ourselves to explain details of the places in question. Our client base tends to consist mainly of investors, builders and developers so we often find that we sell the same units several million dollars apart. As much thought goes into each project as to how unique the product really is and how well crafted it looks inside and out. Each unit is made to ensure maximum quality of construction. Some condos take longer to prepare than others though because we are able to sell quickly once they get listed, whereas some projects can stay "under construction" a long time. Most time these delays allow us to offer better value...
When buying a new home in Nova Scotia follow these steps
First things first; Wherever you live in Canada, buying real estate is always a complicated financial decision. If you buy in the “right area” and get the pre-construction price, you will save thousands down payment dollars and years of stress and headaches. However, if you purchase outside of it, especially outside of the downtown core areas, you should expect to pay considerably higher prices. But, there is still hope! There are many factors and variables involved including but certainly not limited to location, schools, transportation, proximity to transit lines, walk score, crime stats, property taxes, market condition, availability of amenities like parks/playgrounds/shopping centers, accessibility to work, school, entertainment, library, health care facilities, etc. We encourage you to check out this link for more information on determining the value of properties around yours. https://www.realestatemetricscanada.ca/find/how-to-calculate-your-property-value/. In other words, buying anything is really no different than shopping online these days. You go onto websites, take some measurements, then place bids until you reach a comfortable amount. So why am I telling you all of this? Because in order to do well and avoid pitfalls of making mistakes during your search, you need to be prepared. And most importantly, you must research thoroughly prior to taking action. As they say; knowledge is power. [IMAGES: screenshots of each page of search result pages ] Here is the final step of our guide, which includes several tabs that include links to detailed listings for various types of homes in each type of community. We would highly recommend visiting at least 3–4 communities that interest you in order to see what kinds of options exist in your ideal neighbourhood. [IMAGE: screenshot showing tabbed content under ‘Listings & Reviews’ section of XONDO website homepage ] Now, depending on whether you prefer single family residential developments only. Or condos as well. Here are a couple examples below for reference. These are just general categories and there are plenty more available across every region! For example, if you’d rather stick to suburban neighborhoods, you could easily browse through subdivisions or neighbourhoods here…https://xondo.info/listing-types/subdivisions/ [IMAGE: screenshot of listing types selection ] This site offers another good resource called “Homebuyer”. They list hundreds of different options across dozens of markets in Ontario, Vancouver and Montreal, among other territories. So you can narrow your hunt down geographically to specific cities or regions of interest like Niagara Falls or Greater Toronto Area (GTA). [IMAGE: screenshot from HomeBuyer website showing search bar on left side ] Another great resource is from REBGV. Their database covers almost every municipality in B.C. and Alberta and contains multiple layers of details regarding the housing market, such as demographics, market trends, economic stats, sales activity, market analysis and so on. If you feel like you might want to move somewhere else one day, knowing exactly where in British Columbia or Alberta you want to live makes life...
How to find Your New Mount Uniacke Home or Condo
Ontario, Canada real estate market is showing no signs of slowing down anytime soon. While Toronto has seen prices drop slightly since 2017, this hasn't stopped buyers in other parts of the province from searching high and low – even if they're only planning to live in those places temporarily while saving enough cash for the move themselves. "I'm seeing lots of people who moved back in the area after being away because they couldn't find something better," says Chris Kneip, Director of Marketing & Business Development at Homebuyer Network Inc., a company dedicated to matching sellers with qualified potential buyers. "Even though we've had some price decreases, interest rates aren't dropping." Kneip notes that many prospective buyers are still willing to be patient, even if buying a house isn't exactly like having a lottery ticket. And while interest rates could go lower, she points out that they haven't dropped significantly yet. So why should someone wait around until then while waiting to buy? Because of these four compelling benefits... 1. Low Interest Rates If you bought a house 10 years ago, chances are it was sold during a period when mortgage rates weren't skyrocketing or falling. Today, however, things are changing quickly. Mortgage rates are at historic lows — especially for Canadians, considering most mortgages in Quebec are offered via a government-backed program called Plan Nord. In fact, according to BankRate®, Canadian households could save $6,500-$10,000 annually just switching lenders based on current average loan amounts and rate structures. But this savings goes beyond simply finding cheaper financing options. When you refinance your existing mortgage, you get the benefit of refinancing for less than today's prevailing rates without paying anything extra. 2. Lower Taxes Another reason homeowners are holding onto houses for longer periods of time is due to tax advantages. Canadians pay taxes on any gain made above fair market value when selling property. For instance, if the owner paid $150k for a house worth $160k, he'd have to pay capital gains taxes on that 15% difference ($5k), which equates to approximately 2.3% on his annual income. Meanwhile, in a typical scenario, a buyer could purchase a house for $100k, sell for $115k, and walk away with $15k profit or approximately 9% return per year. This makes sense given that the seller would otherwise receive little of the initial $95k sale amount. For example, if you purchased a house valued at $125k with the assumption that an increase of 5%, to roughly $130k, will occur, you'll owe only a 1% capital gains tax. If you're lucky enough to qualify for the federal GST credit, you'll enjoy a refund equal to 3% of the sales price. As well, depending on other applicable credits and deductions, the total taxable impact could vary substantially from case to case. To put it another way, consider two different scenarios. One homeowner buys a $125k home for $110k; the next sells his home at $135k, making him $25k richer. His capital gains equals 25%, but if he used the same calculation, he ends up owing $...
Why is Nova Scotia's Real Estate Market Booming?
If you're planning on moving abroad, this country offers some great opportunities to move overseas. But Canada is no longer just big cities like Toronto and Vancouver; Canadian towns and cities are starting to be booming places to live as well. And when I say 'booming', I mean thriving, young, high income communities. Places like Niagara Falls, Kitchener, Barrie, Oshawa, Sudbury, Brampton, Hamilton, Ottawa, Montreal and Halifax. These small towns offer incredible housing affordability, jobs, entertainment venues and schools which makes them attractive destinations for families across North America. So, if you've always dreamed of having a big city life while living close to family then these are the places you should consider investing in once 2020 ends. [IMAGE: Screenshots of different locations including Kitchener(Left), Brantford (Middle), St Thomas Port Colborne(Right)] Why invest in Canada? Well firstly because Canadians are known for being extremely friendly people who enjoy giving back to other countries through culture and education exchange programs. Also Canadians are usually welcoming towards newcomers - especially ones coming from the United States. Plus, Canada's economy is still quite stable meaning most investments will likely return dividends over time. All in all, if you would love to relocate while keeping your job and saving on your own taxes then Canada could easily become the perfect destination. Where Should We Go?Well, after talking to multiple real estate agents they suggested the area surrounding Waterloo Region, specifically the City Of Kitchener along with areas like Aurora. Both Kitchener and Aurora are located near both Guelph & Cambridge so making those two areas appealing since everything you'd have to travel through is already covered via transit. Another great place to go was Mississauga which is actually a little bit outside of Toronto but really nice community nonetheless. There's good restaurants, parks, shopping centers, amazing schooling options for kids (elementary school, Jr High/High School, Universities ), and overall a really cool town with tons of fun things going on everyday. What Do Investors Need to Consider When Investing in Burlington Homes?First and foremost investors need to remember that buying a house is a long term investment. If you buy something you'll probably hold onto it forever so you better hope that whatever purchase it is lasts until retirement otherwise you'll face higher expenses down the road. Next thing to take note of is that you won't own actual bricks and mortar. Your investment property must be fully owned by someone else and you don't get anything tangible when you put it under contract. Once you accept that reality, you realize that investing in condos isn't necessarily a bad idea if you happen to fall in love with a particular building. Buying properties without owning them outright makes sense if you intend on staying in them for decades. Lastly, you need to keep in mind that you have a lot less control over maintenance than you do over renting. However, many experts agree that condos tend to provide far greater stability in terms of rental earnings since it takes a larger amount of damage to an individual unit to affect rent prices versus whole homes. [IMAGE: A picture of a building taken from inside Kitchener] How Much Can Be Earned With Investments in...
New Construction Investment Opportunities in Mount Uniacke Nova Scotia
In 2018, XONDO released an exclusive report titled “Amherstview Residential Property Sales Report for January 2019″. This report was created for all real estate agents who work in the area including those working for RE/MAX® Canada Inc. Here are some highlights from this market update: Average Sale Price – Average sale price increased 3% YOY Sales Volume – Total sales declined 5% in volume compared to 2017 Listings Sold – Listing sold decreased 10% compared to December 2018 Days On Market (DOM) – Days on market increased 8 days compared to December 2018 New listings – Active listing count dropped 12% compared to December 2018 Price Range – Prices remained consistent across market segments. Location & Amenities – Location remains stable. No significant changes were seen Webinar: webinarforallblogger.com Title: A Blogger's Guide to Using Pinterest Marketing for 2020 Description: Pinterest is still a great place for bloggers to drive traffic back to their blogs but many people are unaware of the power they hold. Join me today for tips on getting started with Pinterest Marketing in 2020. I'll be covering everything from the basics to advanced tactics like creating custom boards and pinning images with text. Image Credit: https://www.flickr.com/photos/karen_craig/8143559791 LinkedIN: https://linkedin.com/company/website-design-services Twitter: @KarenCCraig1 Facebook Page: Karen Craig Pinterest Board Link: http://bit.ly/2QgYjZq LinkedIn Group Link: http://bit.ly/2SbxvVd YouTube Channel: YouTube.com/KarenCraigDesignServices LinkedIn Twitter Facebook Instagram LinkedIn Group Website Design Services Webinar: webinarforallblogger.com Title: Using Video Ads For Your Small Businesses in 2020 | Webinar Recap Description: If you're wondering whether video ads would help boost your small business' online presence then this session will show you exactly why. Learn how to get started with creating videos and use them effectively to promote your products and services. Image Credit: https://unsplash.com/@matthewdavidh Linkedin: www.linkedin.com/in/mattydavidh Twitter: mattydavidthinks Instagram: mattydavidh Facebook page: facebook.com/MattDavidH LinkedIn group link: bit.ly/2Pz3yJw Video Link: https://youtu.be/-3xQX9Xn4U0 Bloggers Need Help Finding Good Freelance Writers: We've put together a checklist to ensure you hire freelancers who deliver high quality content every single time. Read this post to learn the steps that should go into finding freelance writers. https://goo.gl/gf7vWm #contentwriting #contentmarketing #freelancer #writer http://www.the...
Examining Real Estate Market History in Nova Scotia
In this edition of a monthly series exploring real estate trends across Canada, we take a moment to reflect on some recent activity in the Greater Toronto Area. As always, we hope these articles provide useful information to help navigate this exciting market for buyers and sellers alike. While interest rates remain lower than they were during most of 2018, affordability concerns continue to be front and centre among prospective homeowners. Anecdotally, I am hearing many questions around whether or not we will see another significant rise in mortgage rates anytime soon—and my answer is “yes, we absolutely could.” This uncertainty, coupled with the fact that demand remains high, means we expect sales growth to increase substantially in 2019 and beyond. We anticipate strong price appreciation along with continued healthy supply levels in all segments, particularly detached single family homes. And while the pace of development continues to slow down, there remains plenty going on behind closed doors, including some large announcements recently. While the details are still being finalized, here’s hoping for a few big ones next year. For those who already own real estate assets, it’s good news that prices appear relatively steady after several years of declining values, which should translate to modest increases in resale value. On balance though, despite signs pointing towards solid gains through 2020, we caution against taking anything but short term views when planning for future returns. For example, interest rate hikes (which would impact both buying power and selling options), and other potential macro events (e.g.: changes to foreign ownership rules/taxation measures in China, US tax laws) will certainly influence markets in different ways over a longer period. However, given current conditions, we believe the fundamentals favour continued strong gains ahead. If you live anywhere else in Canada, we encourage you to check back regularly for news related specifically to your area. But in case you missed it, below are links to recent posts in each region of the country. Enjoy reading them, and please feel free to comment on anything that caught your eye. Happy investing! Ontario We had our first snowfall of the season just days ago…so things are starting to thaw out in southern Ontario. Here’s the latest forecast from Environment Canada: Sunny skies today. High near 26C. Winds N 35 km/hr gusting to 55 km/hr becoming light tonight then diminishing tomorrow night. Low 18C. Sunny Wednesday, Thursday and Friday. Mostly cloudy Saturday and Sunday.. High 25C. Winds WNW 15 to 30km/hr increasing to NW 20-30kph Saturday Night. High 27C. Sunny Tuesday followed by mostly sunny Wedneday. Windy Thursdayshifting WSW 10 to 20 kph shifting SW 5 to 15 kph by Fri..Low 19C.Sunny Monday followed by partly cloudy Tuesday morning. Increasing cloudiness late Tue afternoon shifting southward early in evening. Partly sunny Wed, Thu & Sun; Cloudier Sat and Mon. Temperatures increasing gradually reaching 33 degrees C on Tue. High 29C.Winds ENE15 kph early and increasing to SE 20kph mid afternoon shifting NE 15 to 45 kph by Tue Evening. Light rain showers...
Getting approved for your New Home Purchase in Mount Uniacke, Nova Scotia
We understand that many residents living in this beautiful community still struggle to find suitable housing options which allow them to invest and live comfortably while providing security for retirement. We believe investing in real estate should be considered part of every household’s financial planning. Even though interest rates remain relatively low, there are other advantages to buying homes in Canada today than just saving money! When it comes to choosing whether purchasing property in Amherstview makes sense financially, here are some tips to consider including in your personal analysis: First, calculate your savings rate and determine how long you would like to continue contributing towards your monthly mortgage payments. If you decide that you will no longer be able to afford these expenses after several years then purchasing rental units could help save enough capital so you can retire early or move closer to family members. A good rule of thumb is to begin thinking about moving somewhere as soon as one pays down 25% of the mortgage balance. So, for example, if you pay $1,000 each month for 30 months on the mortgage you would only need to contribute another $300 per month towards paying down your loan — making you debt neutral and allowing you to buy additional properties in the meantime. But remember to factor in costs associated with selling a house: agent fees, legal fees, stamp duty, advertising costs, repairs etc. Once you reach a certain price point and/or equity level you may benefit from refinancing and getting a better deal on your existing loans. Second, examine what type of tax benefits you receive depending upon whether the unit being financed is held primarily for use as both your primary residence and principal source of income i.e. a vacation home or condominium versus a secondary place of residency used solely as an asset that generates passive revenue. For instance, in 2012, Canadians who met specific qualifications received the following federal, provincial, municipal and school board tax breaks: first-time buyers paid zero taxes on residential property gains, owners aged 65+ continued to earn income splitting credits, parents earning less than $39 k qualified for reduced child care assistance and seniors earning under $41k had a 50% higher exemption limit from property transfer taxes. All provinces offer different exemptions but they range generally from 15%-25%. Third, look beyond traditional financial sources when determining the merits of purchasing a particular home or apartment. Some families rely heavily or exclusively on their pensions or RRSPs to fund their investments, thereby limiting their exposure to market volatility; however, most people working outside the province are ineligible to participate in this arrangement. Many employers provide company matching contributions through pension funds or direct participation accounts thus giving employees greater flexibility in managing their portfolios without sacrificing liquidity. Finally, take into account any local incentives offered by municipalities around areas of employment, recreation and entertainment. For example, many communities offer special grants and rebates to those wishing to purchase property in designated neighbourhoods. These include amenities such as swimming pools, playgrounds, trails and outdoor walking paths. Another consideration includes the size of nearby schools, proximity to shopping malls, health services and medical facilities etc. There are numerous online tools available for comparing local property values against similar units located across North America therefore minimizing risk when searching for ideal locations. Some of the content contained herein does not reflect...
What makes Xondo Nova Scotia's Most Convenient New Condo/Home Buying Platform?
We live in the most exciting times ever seen. As people around us begin moving from big cities to smaller towns like ours, many are finding themselves wanting something different than just a regular apartment building. There’s no doubt that buying a house in Canada will be less expensive than living an hour away in Ottawa, Toronto, Montreal or Vancouver, but why should you settle for anything under $500/square foot anymore? We’ve got everything you could possibly demand out of a property including space, affordability and convenience. And while you may already own a home or rent, you still haven't explored every part yet; this includes the neighbourhood surrounding yours. If I had to pick only ONE reason why someone would consider owning instead of renting, it'd definitely have to be location. While you'll save some cash for yourself through renting, you can spend a lot on commuting to work and paying extra fees on services, which isn't exactly ideal for anyone who wants to enjoy life outside the office. For example, I'm currently saving thousands of dollars each year on gas through my commute because of the price differences between the cheapest routes and priciest routes. However, once I find a place that fits my needs perfectly, I won't feel the urge to move ever again. My wife and kids aren't going anywhere either so they're more than happy staying put in Uniacke long term. But what does all this mean for me? It means that I've become quite spoiled lately due to the fact that I finally found myself a perfect fit within a small community that everyone else lives close enough to easily reach on foot without having to rely on transit. Nowadays, the average person spends almost half of his day in one form or another getting ready to go somewhere. Whether you work fulltime, run your own business or simply take care of children on the weekends, chances are you spend hours in your car driving back and forth to meet appointments or pick them up afterwards, spending more time in traffic than actually doing things. And with everything available online these days, you can get most of those errands completed from the comfort of home. Not to mention, being able to walk places is amazing especially when you have little ones running around. So, let's talk about where you want to invest your money and whether your current residence offers you a better or worse value proposition in the years ahead. ...
How Xondo makes Home Buying & New Construction Investing in Mount Uniacke Easy?
XONDO helps real estate investors like yourself, find homes to invest in, get prequalified, save thousands, and finally purchase property online. We help connect buyers with sellers who are selling their own personal properties, including real estate agents and homeowners offering multiple listings. We also provide comprehensive information about home values, mortgage rates, loan options, and many other useful tools to aid your buying journey. Whether you're interested in investing in a single family home, apartment building, multi-family housing unit, commercial space, vacant land, or anything else — we've got you covered! Here's just a taste of how XONDO makes finding properties online easier than ever, but keep reading because there's lots more info below... 1. Search Homes By City/Area First Before starting your search, enter a city, town, zipcode OR area first. If you do this, your searches will be automatically filtered down to match those criteria! 2. Use Our Advanced Filters to Filter Your Results Further After doing some initial searching, use filters such as "Priced" and "Sale Price". These advanced filtering options allow you to further narrow your search down. For example, you could filter your search results to only show houses priced under $50k or houses listed at least 4 years ago. Once you've narrowed your search enough, click 'Advanced Search' to continue the rest of the house hunting journey through XONDO! 3. Explore Different Property Types On Demand If you'd prefer, you can always browse specific types of homes instead of browsing them all together. Click on any type of listing to view all available homes of that particular category. 4. Save Savvy Real Estate Investors Money! By following these tips, you'll quickly be able to hone in on exactly which homes would fit your needs and lifestyle! And if you end up liking a few different kinds of homes during your research, go ahead and submit your details for each individual property to get pre-approved! 5. Pre-Qualified In Just Minutes Or Even Seconds, Depending on Availability Depending on availability, we can either send you straight away for prequalification or if no one is available immediately at the moment, we'll let you know the next business day! 6. Receive A Customized Report Based On Information From Multiple Sources Including MLS® Data Base, Recent Sales History, Foreclosures & Bank Owned Properties 7. View Detailed Photos Of Each Listings As They Appear Online 8. Be Instantly Notifications About When Someone Likes One Of Your Searches 9. Find Out Who Else Is Looking At That Same Home 10. Receive Email Updates Whenever Somebody Looks Up Another Result For That Area 11. Access All Your Purchased Properties 24 Hours A Day 7 Days Per Week 12. Get Instantaneous Results From Trulia®, Zillow™, Redfin™ And More 13. Track Real Time Property Values So You Can Make An Accurate Purchase Decision 14. Stay Organised Throughout The Entire House Hunting Journey Using Our Mobile Friendly Dashboard 15. Easily Create Reports, Compare Similar Areas And Much Much More... Read Full Post [VIDEO HERE]...
How To Make Money On a New Home or Condo Purchases in Mount Uniacke, Nova Scotia
If you live in Canada and planning to buy yourself something like a house or building project you should be really careful because buying real estate in Toronto isn`t easy. Because most Canadians tend to save money by renting apartments rather than owning them instead they spend almost half of their monthly income every single year just paying rent instead of having savings. Therefore if you can afford enough cash then you will definitely take profit of this great deal but still many people fail in doing that so this article was made as guidance and help especially to those who haven't bought anything yet but still willing to purchase some property and get rich quick before starting investing by saving lots of cash. However I must say to you firstly that these tips aren't only applicable to Canadian investors; but this whole method can work anywhere around the world, no matter which country you come from. So without wasting anymore words lets dive straight down to the tips. Tip#1: Don't Buy A House And Rent An Apartment Together Instead Save Your Cash For Buying Houses Or Real Estate Investments In first place, you shouldn't try to sell both houses and apartment together at once since it won't benefit much anyway. If you really feel like renting an other rental and selling your current residence but keep this rule in mind "don't touch the stocks you're trying to invest". Just focus mainly on the investments you've chosen so far like real estate purchases because if you decide to buy another rental then you would lose everything invested. But if you had been focusing so much on real estate investments like me then surely you wouldn't face problems related to losing funds or properties after making a huge mistake. Well I already took the risk so why bother spending a lot of money and risking my own life in order to earn little profits. I mean, imagine you could've saved thousands of dollars by following my advice. Isn't that worth it??!! So if you haven't decided whether you'll follow my tip or not and if yes then which type of homes/apartments you'd prefer then please read further in this post until the end otherwise don't skip it and go directly to Tip #2. Tip # 2: Don't Use Credit Cards For Making Payments While Investing In Real Estate Projects Since They Will Charge High Interest Rates Over Time and Aren't Safe Too This is quite obvious for us and everybody knows how credit cards charge high interest rates over time while investing for purchasing properties but I'm saying this again for everyone's sake since they are mostly unaware of these things. Most common home loans offer 1% per month for payments while most bank accounts offer 3% interest rate for small transactions and 5%-10% for large ones. These kind of loan terms are usually applied to credit card balances too which obviously makes sense but you mustn't forget that you're giving away a good amount of money to your lender every month or every time whenever you transfer it on his account. For example suppose you pay $1000 to borrow money and he uses it in other business projects. Then if he pays back $100 every month he'll make 100% gain because his total return is going to reach $1100 instead of $1000. So in short, avoid using credit cards completely during investment period...