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Questions By Other Visitors...

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Starting out 
Is it possible to start investing with no money down? Or starting with no capital?

Residential/commercial property 
I am looking into buying a property in Burlington and it is mixed of Residential and commercial property together. I am planning to rent out the house …

Testing the market for a new development 
We want to build the first new condominium building on the prime site in the heritage district of Collingwood, Ontario. It will have ten units above …

4 Point Home search 
Hello, I just finished reading your eBook Income For Life For Canadians. This is such a great book and an eye opener to what strategies that are available …

Investor Mortgage For Canadian Non-Residents Citizens 
My son and his wife have been working in Singapore for the past 5 years. They are Canadian citizens but do not pay taxes here. They have some savings and …

classes available online? 
Hello: I live in Abbotsford, BC and I'm interested in attending your classes. Do you offer these classes online or maybe in BC?

Full time Investor 
Is it possible to acquire 10 or 5 percent mortgage loans without having full time income or owning anything other than cash?

Getting involved full time. 
Should I officially register for a business before getting started in real estate investing? Thanks Rock Stars. I'm a big fan!

Rent to Own 
Looking at a small starter home in a working class neighbourhood. Comparable is a rent to own property. I'm not familiar with how this works - here are …

Multiple Properties 
Hi I own a property in the GTA and want to purchase 2 more in the near future. How do I work with a bank/lender to make this happen? Thanks for …

Renovations for tenant property.  
I just purchased a property, a 20-year-old very traditional style house. I only have a $5,000 budget for renovations at the moment. Should I invest the …

Are there investment loans (mortgages) where you do not have to have income to cover? 
I recently left my executive employment (ie no regular income) and am getting involved in real estate investing. I am wondering if there are mortgage …

Is Anybody Currently Working Your System In Newmarket? 
I'm committed to investing in real estate in the very near future and am very interested in your rent to own system. My concern is that due to the fact …

Incorporate or Sole Proprietary  
Hello, I am a fairly new real estate investor with 4 properties for a total of 6 rental units. I have been trying to decide whether or not to incorporate. …

What if you are starting from nothing? 
First off Gentlemen - thank you for your 'Income For Life' ....I downloaded the book immediately and learned more info on Real Estate rental property investment …

ROI 
How much range of the return is there when we invest in brand new properties that are yet to be built? i.e. We invest during booking, and then sell during …

Clarification 
On page 36 of your Income For Life book, can you tell me why at the time of sale to the tenant in a rent to own agreement that you get your down payment …

how to start 
Hi. My name is Samhar Salama, I'm a Canadian citizen but I don't live in Canada. I want to start investing in real estate is that possible without …

Starting Point 
Hi there, I'm a young ambitious recent university grad living on Vancouver Island. I have not invested in property yet, but I plan to use real estate …

Type of Real Estate Business/Entity 
I have started to get in to real estate investing. What sort of business structure should I set up to do so, to best protect myself and my assets and deal …

What Area Do You Cover? 
Is the Barrie area outside of "your" boundaries?

How much of a down payment should I use? 
I am currently in the process of buying a third property for $150,000 with a 20 percent down payment. With that much of a down payment I will be liquidating …

No job 
Hello, I would really like to get into real estate investing. I have been a landlord in the past but now find I'm out of work. I have plenty of money but …

Buying A 3rd Property 
My wife and I each own a house. I moved in with her and we rent out my house. We want to buy a 3rd property to live in and rent out her house.(our current …

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The Best Way To Invest 
Hi there, I was wondering if you could give me some advice on the best way to invest $40,000.00 in real estate. I have property up north where I can …

Down Payment 
Good day, I have a couple of 4-Plex owners who will hold 20% of the mortgage over 10 years. As I don't currently have enough home equity to qualify …

Career Decision 
I’m interested in joining the real estate industry from an unusual angle, and I’m asking around for insight and guidance. For the last few years I’ve …

Income For Life 
Just curious, what's the cost of getting into the "Income For Life" program? I live in Winnipeg and would be investing mostly in South East Manitoba.

buying a condo to rent out now but move into later 
We are 74 and 76. We own a home fully paid for. We want to buy a condo locally now to move into in the next 5 to 10 years when we can no longer manage …

How to minimize tax in the US and in Canada 
Hello. I am currently seriously looking into purchasing apartment building in the US. I want to know what is the ideal operating structure to minimize …

Canadian looking for 5% down payment in US - no social security 
Hi guys, I am a Canadian looking to start doing some damage in the US...or Canada (Depends which is currently presenting more opportunities and which …

Canadian Property Mortgages for EU Citizens and Companies? 
Hello. I would like a list of all banks that issue property mortgages for EU citizens and companies. I don't know if it's possible for a EU citizen/company …

Flipping Houses  
Hi there, So I got this brain wave about fixing up older houses an selling them... Is there much in it? Is it worth it? Starting out small …

Student Rental Property Software 
I own a number of student rentals and want to manage from both an accounting software perspective and an investment management perspective so that I can …

Referral for a property manager in Toronto 
Hi there, I came across your website in an online search for a property manager. I'm looking for someone reputable and trustworthy to manage a triplex …

Buying a property with little or no money down. 
I live in Nova Scotia near the town of Windsor. I have been wanting to invest in real estate to help with retirement planning. I have my eye on a commercial …

Quarter-share condos 
I'm considering a quarter share condo in a mountain tourist town which are managed like a hotel and they rent out on available nights (proceeds can go …

Rental Application Verification 
How do you confirm credit worthiness of an applicant?

Franchising 
Hi Guys, Just curious, have you considered franchising your system? I own a real estate franchise in Saint John New Brunswick and would love to add …

Multiplex Income Property  
I would like to purchase an investment property, a multiplex with over 25 units. I was thinking of using a heloc to do so. I wanted to know, let's say …

Blending, Restructuring and De-Structuring Real-Estate Properties 
Why is it that no one discusses the above three topics even when you read all the "money in real-estate" books?

Getting Out? 
Hi Tom/Nick, I bought a house for assignment sale a year ago for $750,000. I did a lot of upgrades (around $100,000). The market price is so bad, listed …

Buy Houses Fast 
Hi, I am searching for real estate investing companies or as such that purchase homes fast, without going through realtors due to needing to re-locate …

Purchasing House With Cash 
Is it a good investment to purchase a house with all cash, without the worries of mortgage payment? What are the disadvantages to this ?

Pre-Sales 
Hi there, What are your thoughts for pre-sale condos as a long term investment?

Should I get an investment property even though I don't live in my own property yet? 
Hi Tom & Nick! First of all, want to send a big thanks for all the information you've shared about real estate investing! It has pushed me to pursue …

Investment Properties 
I am interested in the investment property business but I don't have enough money at this point to do it myself (Just bought a house last year). I don't …

Where can I find the appreciation rates for houses by region? 
Can I ask you where can I find the appreciation rates by each city in Canada? Your help is much appreciated.

How To Open Business? 
My husband and I want to start investing in real estate and want to do it right. Should we form a company first and place investment properties there, …

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Highest Appreciation Rate Areas 
Hi there, How can I find what cities have the best appreciation rate in Southern Ontario? Thanks, Enrique Armenta

Can I buy investment property with 5% down? 
I want to buy rental property with 5% down. Is that possible ? If any one help with that, would be appreciated.

Pardon my math - Correction on my previous question 
My apologies on the back of the napkin math I provided on my earlier question titled 'Rent-to-Own Strategy Still Viable given Canada's Strict Down Payment …

Rent-to-Own Strategy Still Viable given Canada's Strict Down Payment Requirements for Investors? 
The landscape for rentals has changed dramatically for investors over the past few years making it ever more difficult for investors to buy multiple properties. …

First Time Buyer 
Hi, Tom and Nick. I'd love to add to the praise you've been receiving over the years from the real estate investors for the invaluable advice you are …

How to find a mentor ? 
I do not have much experience in real estate investing, a mentor will be quite welcome. How can I find one, with good credentials?

Buying second half of a rental duplex 
Hello, I purchased half a duplex last year; it has a suite and has been rented all year. Now the second half has come on the market and I want to …

Withdrawing RRSP For Home Buying 
I am 69 years old and wish to withdraw my RRSP to make a purchase of a home. Will I be penalized for making the withdrawal before I am 71 years of age …

How to buy a residential house in Brampton, Canada  
I live in India. I plan to buy a residential house in Brampton, Canada. Please advise the following: 1.How to get into Canada as an investor in a residential …

Condo owners 
Hello, I am having difficulty finding out information as to the tax benefits I can have from renting out my condo. Kindly help and a big thank-you, …

Condo Buying Strategy 
Hello, I am in a process of buying a condo as an investment property. I plan to move in to this property after I retire in 8 years. What strategy …

Where to begin?  
Hey there, Love the site, so so helpful! I am looking to begin my career as an investor and I was wondering if I am able to with my current situation. …

Real Estate Investment and Taxes 
Hi there, I live abroad but am planning to settle in Toronto in September 2013. I also plan to begin investing in real estate rentals. Your website …

First Duplex 
I found a duplex near an area that has a not so bad reputation, meaning in that area there’s a small area with low income people but for the next 10-15 …

Positive cash flow with small down payment? 
Hi Tom and Nick, First of all, we are very impressed by your expertise and positive attitude. We are new immigrants-2 years in Canada. We rent an …

Investing $150,000.00 
Looking to invest $150,000.00 with a $650 dollar a month pay back. I was wondering what the best route would be to invest it for a bigger monthly income. …

How can I complete a private sale of a residential home without disturbing my current tenants ? 
Hi Guys, Hope you can help me with this situation that I am attempting to deal with. I purchased my 5th residential rental home last February. I …

U.S. Residents Investigating In Canadian Real Estate 
I'm a real estate broker in Michigan living in metro Detroit. I would like advice on buying Canadian rental properties both for myself to buy and my client …

How Can I Convert My Personal Property Into Income Property? Where Do I Go To Find Out About Grants? 
My borrowing power is almost or at its max. There is a possibility that I the property could be lost because of too much debt load. Option 1 I want …

Real Estate Investing  
I work full time in a company and get a monthly pay cheque. I have my own house, with 50 percent of the mortgage balance on it. I have 50k that I would …

Writing off your mortgage  
I'm not sure if this question has been answered before? Once you've paid off your mortgage can you get another mortgage on the same property and write …

Is Raw Property Investment Interest Non - Taxable? 
Ken, Just found this website that I'm going to look around myself when I get home. I had never seen this site before but it looks like a great place …

Seeking A Buyer 
My commn law and I owned a house in brampton we are tennant In common I asked her to buy me out she said no she don't want To sell it either the house …

First time Investor in Ottawa - Need Advice 
Hello, First of all I must say this is an amazing site. I have been looking for such a site for long time. I don't know how come I didn't come across …

Retirement Residence 
Hello I live in a town that has a great need for a retirement residence and I own a unique one acre site in the centre of town and have concept drawings …

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Refinancing Considerations 
Hi Tom and Nick, First I want to thank you for your awesome newsletter that you send out - I look forward to your dialogue and the helpful tips each …

Your opinion of Bradford? 
Hey guys, I am looking to spread my wings and fly (out of my parents home and into my own!). I currently live in Vaughan, and really like the area but …

Combining traditional renting and rent to own? 
Hello, I am just starting out in real estate investing and trying to decide what system to adopt. The rent to own system sounds very good on paper. …

Income property in Canada 
I was always under the impression that there needed to be a minimum of 25% down on an investment property in Canada. Is this true? I understand the obvious …

Lots of information, lots of questions! 
I just read over your real estate investing for beginners page and signed up to get sent your free information. There is a few questions i have for you. …

Is investing in Canadian ocean front property (Atlantic Canada) a Good or Bad Idea? 
Hello I am from Vancouver and am currently living in Toronto. I have seen the price of real estate sky rocket (4-5x) what the asking prices were 10 …

Buying a 7 bedroom condo? 
A 7 bedroom condo is for sale at 274,000. Gross, it rents for 2700/month. It would make net, over a $1,000.00/month but the city of Guelph has a law forbidding …

New to Investing in Real Estate 
Hi, First let me say thanks for offering the information on this site. We are currently selling our properties in Saskatchewan and are looking at the …

I Want To Buy A Second Investment Property 
I already have my family home and one investment property. I only had to put 5% down on my investment property because my daughter was going to university …

Investment property down payment requirement? 
Hello Tom and Nick, I accidently found your website while searching for different real estate investment options today. I am new in real estate investment …

Market Timing and The Best Real Estate Investment For Cash/Profit 
Hello For information only and to let you know a bit of my background...I have been investing in Real estate for over 5 years and own rental properties …

Taxes 
During the rent to own period who pays the property taxes?

Area 
Is Brantford a good place to invest?

I Want To Invest In Real Estate As An Ex-Pat Canadian 
Hello, I'm from Nova Scotia, Canada but live and work in Saudi Arabia as an English teacher. I make a very good income but can't put money into Canadian …

Investing 
I just finished reading your Income For Life For Canadians e-book and I think that rent to own is a really great investing strategy. I live in Alberta …

Mortgage or HELOC? 
Should I use my Home Equity Line of Credit (at 3%) to buy the property or use it only for a downpayment and get a mortgage for the rest? I have equity …

Pre-Construction Condo contracts.-->Yes ? No? 
With all the pre-construction condos being advertised right here in Burlington / Hamilton and Oakville, are these good investments? Would you recommend …

What are your thoughts on the new Branthaven Town Homes in Grimsby for income property? 
Hi guys, I have just discovered your website and blogs and have signed up for your next seminar. Thank you so much for providing all of this valuable …

Are condos a good investment? 
Hey guys... love your site. I am making my first residential investment soon (in GTA) but I cannot decide if I want to invest in a single family home …

Re: Free Rockstar Program 
Hi guys, I received a package from you today which got me really excited! I quickly hurried to the site to claim the mentioned items to find I require …

Are you for real or a con artist, who prey on others for benefits for yourself? 
I am skeptical about this, so prove me wrong that I can trust you and not regret ever having heard about you. For years we have been looking for rent to …

Foreigners investing in Canada 
Good Afternoon, I would like some information of investing in property in Canada. Are foreigners allowed to purchase property there. If so, are there …

Is it legal to rent our a house room by room? 
Hi I see some people buy a house, do some alteration in bathroom and kitchen etc. and rent it out room by room to students or single professionals. …

I have friends that are interested. Can we invest as a team or a Company? 
Hi There. Thanks for great website with so much info. I have couple of friends and all of us are interested in investing. None of us can afford to …

Mortgage vs. Cash 
Are there any advantages to getting a mortgage to invest in property if I have the cash available?

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Rent or buy in Saskatoon? 
I have a quest regarding renting of buying in Saskatoon. I will be moving with my partner to Saskatoon to complete my masters degree a 2.5yr program. We …

Newbie 
You seem to have a very good program. I am looking at getting it. I am very new at real estate, but very interested.I live in Timmins, in Northern Ontario. …

New mortgage rules? 
What are your thoughts on the new rules on mortgages put in place by Flaherty? And how will this affect real estate investing?

Start Up Business 
Hello, I am in the process of starting a fixer upper business in Ontario. I presently own 3 homes and I was wondering if you have any good advice for …

Can I Do Rent To Own On Disability 
I am renting a home in British Colombia, and the owner doesn't really know what they are doing and have thought before of selling. I'm trying to figure …

Can Non-Residents That Own In Canada Do A 1031 Exchange 
We own a home on the shore in the Maritimes. We have rented it out, but the renter moved out and need a quick sale, we are looking to exchange it for a …

Real Estate Agent 
We are a couple from Mississauga and want to buy a house in Windsor. Can I hire a real estate agent from Mississauga or should it be from Windsor. We …

Cash Back At Closing. 
Just wondering how many times you have gotten cash back at closing and if its one of the things you look at when checking out a investment? I have an idea …

So How Do I Advertise My Property To Investors? 
I'd like to find someone to buy my home from me and rent it back to me. How do I find a buyer? Where do I advertise? Thanks!

Did I make poor investments? 
Hi Tom, I currently have two rental properties. One condo and one town house. The condo is 60% leveraged and the townhouse is 100% leveraged. The condo …

A good hint that it's not a good time to buy when no cash flow properties can be found? 
Hello, I am in Ottawa and have found that it's almost impossible to find a property that cash flows, due to high prices. Is this a sign that now is …

Down Payment Required To Purchase A Home 
Can using a credit card work to purchase one or multiple homes? I assume you have to work on the the cash flow analysis to reveal the answer. But i am …

CANADIAN RESIDENCE INTERESTED TO PURHCASE A CONDO IN FLORIDA 
I'm a Canadian Resident and I'm interested in purchasing a condo in Florida. I need to know what part of Florida is best to buy in order to have the possibility …

A Capital Gains Avoidance Strategy? 
I have a lake front cottage property that my brother and I inherited from my parents 8 years ago. I bought him out for half of what it was worth at the …

Structure 
We have 3 couples that have some experience in doing some house renovations. We are all at a stage where we would like our money to work for us not against …

How to Sell To Rent Back? 
Hi, Have you ever seen anyone sell their house to rent it back? What would be the best way to find a real estate investor who would buy your house at …

Screening Positive Cash Flow Investments 
I live on Vancouver Island and am new to investing in positive cash flow properties. I have a modest amount of money to invest and have discovered that …

Renting Your Primary Home 
I am building a new home and using my equity for that. I have an upstairs downstairs rental. Two furnaces two hot water tanks. But not separate bills. …

How Do I Invest In A Second Home Without Having To Pay GST On A Second Home 
WITHOUT PAYING GST FOR A NEW HOME PURCHASE,WILL I BE ABLE TO PURCHASE TWO NEW HOMES 2 MONTHS APART- ONE FOR RENTAL, ONE PRIME RESIDENSE?

Buying More Investment Properties  
I have 2 investment condos currently that cover their expenses. I have the ability to make a rental suite in my house too. I would like to buy 1 or 2 more …

Entity To Use When Buying Real Estate in Canada 
I am looking at buying real estate to rehab and resell and also buy and rent out in BC. Can you give suggestions as to the right entity to use for tax …

Tax Deductible Loan For Real Estate Investment 
In Canada, does a non-principle residence property need to be rented out in order to qualify as an investment such that the interest on a loan to purchase …

Non-Residence Mortgage? 
I'm a non-resident of Canada and would like to buy property in Canada and get a mortgage in Canada. I have been told that I need 35% down. Is there anyway …

Bradford Ontario 
Hi All, I'm thinking of investing in Bradford. Would anyone out there with experience be willing to share some ins and outs of the area? Thanks

Age Of Income For Life Ebook? 
Hello, I am currently reading your ebook and am wondering what the age of it is? Was it written before 2008 when markets crashed and all banks in Canada …

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Multiple Mortgages? 
If a person wants to be able to purchase multiple properties in a year, how do you go about getting that many mortgages to do that? Even if you can put …

How To Find A Good Agent 
I'm now a Rock Star Real Estate student living in Gatineau. I need a Quebec based agent. Any suggestions on how to find a good agent?

How To Own 
I currently do not own a home, but am working and saving money for my first income property/home. We're thinking of a duplex, triplex, or possibly a home …

Is it a good time to buy the property in Bidding war situation? 
I am from Scarborough and the pricing has gone up so much in a very short time in some areas... unbelievable.Do you have some suggestions where to look …

Safe or Not 
I've been offered a chance at 25% stake in a building company that has purchased a plot of land and is developing an adult living area with approx. 100 …

Investment in Windsor Ontario 
Good day, I enjoy real estate investment & return, property in Windsor Ontario is very attractive. What is core advice to invest in Windsor for long …

How to best set up a portfolio to minimize taxes 
I am planning to buy several residential rental properties in Canada over the next few years. 1)What is the best method of arranging my portfolio to …

How do you get a tenant to give you a $10,000 down payment? 
Hi there, Great website, thanks for all the information. I keep reading here and there about a $10,000 or so downpayment that you get from your single-family …

Will your system work in the states? 
I live in Buffalo New York will your news letter information help here?

Creating Cash Flow  
I would like to create cash flow every month with multifamily properties. I'm just getting started and would like to start with 4 plexes or more. What …

How Do I Buy More Property With Little Cash?  
Hi, I had just brought one condo in Edmonton. I have just rented out. I brought it with 60k home equity and 140k mortgage. I really wanted to build …

Is Anyone Else As Dumb As Me? 
Okay, I may have messed up with my first try at investing. I recently purchased a bi-level with the intent to put a secondary suite in the basement. My …

Buying An Investment Property With Less Than 20% Down 
I know that the 2010 federal budget has made it mandatory to have 20% down to purchase a (4-unit or less) investment property. It's very clear on the …

TAXES 
I'm looking for information on how taxes are different from primary residence and pro investment property. Like write-off's and such.

Starting My Investment Business In Florida 
Hi, I am from Vancouver, BC and am looking to incorporate or set up a business structure in Florida, US within the next year. My business will be …

Questions, Myths, Misconceptions and Fears About Investing in Real Estate 
I was talking to my landlord about real estate when he mentioned he was a member of your “Rock Star” group and owned another house and another condo on …

About REITs 
Do you guys have a link on investing in private REITs?? Do you also have a link on which companies investors can invest in in regards to REITs

Can You Use Your RRSP To Invest In Real Estate In Canada and the US? 
I already have a home and a rental property and I have RRSP's that are not producing any return. Is there anyway I can use that as collateral or even better …

Booking Another House From Builder While Renting The Present House 
I own a house. Recently I have booked another house with a builder in the growing neighborhood in Milton. I have paid a total of $45000 in 4 installments …

Average maintenance costs for rental properties 
Hello Nick and Tom, I was wondering what the average yearly maintenance costs are for a 'normal' single-family rental property bought in decent condition. …

Now or later is the best time 
I am looking for a property as an investment in Montreal and I have some questions: 1) Which is the best location for quick rising in prices? 2) Should …

competitive biding 
With respect to New Brunswick, can 2 offers be considered at the same time? Once an offer is written, can another one be added to the table? If not, why? …

Chicken/Egg 
Hi there, I've read through your ebook and am very interested in your rent-to-own strategy of investing. Here's my question: We need to sell our …

Buy and Hold 
Hi, I would like to know more about what the best method of maintaining equity in you investment properties and planning for the future. I guess, I …

Real Estate Investing for beginners 
I live in Winnipeg, Manitoba Canada. Where are you based out of ? I am intereste in learning more about investing in Real Estate. Do you have any …

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Location 
Do you have any experience, personal or otherwise, investing within Montreal,Quebec? I am extremely interested in what you have said in your book, but …

Quarter Ownership 
What do you guys think about purchasing quarter ownership? Thanks, Florin

Where or how does one obtain money to invest? 
I have often said: "If I had $500,000.00 I could invest in proven companies who buy raw land and develop.I could double the investment in 5 years at a …

Is it OK to use home equity for a downpayment? 
Hi, I'm wondering if it's OK to use home equity in my primary residence for a 20% downpayment on an investment property? The property I'm looking at …

Crunching the numbers? 
I am trying to get a better understanding of real estate investing and you guys provide tons of great information with a genuine sincerity (hard to find …

Paying Down Your Rental Investment Mortgage 
Good day, I am new at investing in real estate. Have one rental so far with good positive cash flow. In the process of purchasing another. …

Property Management firms 
I'm looking to purchase my first investemtn property and wonder what you think of hiring a property management firm. I know it will reduce my profits …

RRSP for Real Estate 
We are looking to invest in Real Estate but do not have access to any money but do have RRSP money? How do we use it so that it will not be taxed? Thanks …

Making your RRSP Port folio working for you in Real Estate . 
My wife and I are in our mid 50's. She is 3 years from retiring from a teaching career that she loved ( and still does) all her life! I have been in …

What % of return will an investor look for. 
I am a small time renovator. I have just come across an attractive property with a house on it that will need to be bulldozed. Before I do anything I …

To invest or not to invest? 
Dear Real Estate Renegades, My husband and I bought a condo (745 sq.ft 1 bed + den 2 bath ) in Toronto (Downtown Markham) during the pre-construction …

Better area = better clients? 
HI guys, Thanks for all the info, I love it. I currently have 5 rental properties, mostly condos but I am very interested in your system. 1. I am …

How do I get started when I'm already in debt? 
I've been contemplating this too long. I'm now in midlife, and in debt. I could probably re-mortgage my home, but like everyone else, I'd have bills to …

Getting Started with Investment Property in Canada 
So I have have read many books and initially got drawn to real estate after reading "why we wan't you to be rich" by Donald Trump and Robert Kiyosaki. …

Getting started in real estate with out a job or money or credit if I can? 
Hi I am VERY interested in real estate investing but I would like to do a rent-to-own program. I live in Ottawa, ON and I don't have a job or income …

Where can I get info on 10% down investor mortgages? 
I've been looking around and can't find any lending institutions that will lend for income property purchase at high ratio rates of 90%. I've read all …

Deferal of capital gains tax in Canada 
In Canada can you defer capital gains tax by re-investing the capital gain back into more real-estate like they are able to do in the States?

Top up my RRSP and use that to buy my first property? 
Hi, I'm 26 years old and I currently have about $10,000 in my RRSP through a program where my work more than matches my RRSP contribution(free money). …

Should I pay down principal on an investment property loan? 
I have investment condo that is rented and generates positive cash flow after all expenses. However, the payments on the loan are only covering the …

Selling Investment Property 
I have a condo in Mississauga that I would like to sell before closing. What is the best and quickest way to sell without putting on the MLS listing? …

Where do I find information on foreclosures? 
I have been looking for forclosures, not because I am a vulture, but because I am looking for that great deal. But I have not been able to find anything, …

I need more, but don't know how to start. 
What the heck, it never hurts to ask. I am the current owner of a single family investment property in Guelph Ontario. This house is currently …

Home real estate investing in Québec? 
Hi Tom & Nick, Read your income for life book and found it very interesting. What would be your advise for home real estate investing in Québec vs …

How to start real estate investing? 
I have to say I am a fan of the website and your videos on YouTube are great. I am 18 and I just finished my first year at the University of Prince …

Canadians Investing in Florida Condos 
Hi, I live in Montreal, Canada and I have 2 questions. 1) Is it worth buying a condo in southeast Florida and renting it out long term during these …

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Real Estate Prices Through The Roof But Population Down 
All input, providing an understanding of the following comment, is much welcomed and appreciated. How in the world do REAL ESTATE values, of most cities …

Investing Beginner Specifics: Mortgages, Zoning, Lawyers, Accountants 
Hey guys, I'm soon-to-be-new to real estate investing (I have some background knowledge in the area and with other investing and the principles and governing …

Good Leverage or Bad Leverage? 
Hi Tom/Nick, I am looking at purchasing a duplex. I will be using my a HELOC to cover the downpayment. This will be paid back on a schedule from …

Canadian Mortgage Qualification 
I would like to begin investing in real estate. I have approximately $60,000 equity in my own home but my only source of income is a disability pension. …

"Depreciating" Investment Property for Tax Purposes 
Gentlemen, Your website inspired me last fall to purchase my first investment property. It's been a great investment, created splendid cash flow …

Property Aquisition:Personal or Corporate? 
When acquiring an investment property for the purposes of 'buy & flip' or 'buy & rent' is it better to purchase the property in your personal name or in …

Real Estate Investing for Non-Resident Canadians 
I am a Canadian citizen who has been living in Portugal for the last 10 years. I am interested in your real estate investment ideas but wonder if they …

New Government Rules 
How are the new rules the government of canada announced for lending going to impact the strategies you teach? No more 5% down for speculators, it's now …

In debt and doesn't own a home... 
Hi Tom and Nick, I signed up for your real estate investing class but after reading your e-book I'm wondering does it make sense to even attend because …

Non-payment of rental income. What action to take? 
Dear Tom, I have a rented income hosue in the Richmond Hill Area, at the end of the leased. I have not collect the rent for a couple of months, …

How do Land Transfer Work With Lease Options? 
How does Land Transfer Tax work on a Rent to Own? Is it paid once (when tenants exercise option to purchase) or twice (when you buy the unit and when …

Need a home but also want to start real estate investing. 
Hello I am very interested in real estate investing and I have been doing some research on this before going ahead with it. I want to start investing …

Canadians doing some U.S. Real Estate Investing 
We have recently decided to pool together our resources with some family members to take advantage of the low prices and low interest rates and purchase …

Request to clarify a certain statement in your Income For Life eBook 
On page 34 of the book, the second paragraph mentiones: "...Plus at the time of sale to my tenant, I get my down payment of $11,650 back..." I DO understand …

Where Do I Get a Student Rental Financed? 
I'd like to be able to purchase some student rentals around the McMaster University area. However, as soon as the banks hear that it's a student rental, …

Cottage Investment Properties 
We recently bought a cottage lot and are not sure what to do with it. If we build a new home on the lot we need to do septic, well etc. And a new …

If you had $100,000 .... ? 
No, this is not a Barenaked Ladies spinoff (sorry to plant that song in your head now). I have had this question in my head, wondering what would Tom …

What happens if things go bad? 
After reading your book I'm more intrigued than ever. But I'm curious, particularly since a lot of this comes from the U.S., what happens if/when the market …

Inheritance. 
My wife is very likely going to inherit a 12 place apartment building near the university of Edmonton. Her grand father was a successful man who invested …

Assigning Real Estate Contracts 
Hi, My question is when assigning contracts, after the buyer and I sign the agreement do me and the seller sign a purchase agreement to?

Variable VS Fixed Rate Mortgage 
RBC's 5 year fixed rate mortgage is 4.19%. Their 5 year closed variable rate mortgage is prime (2.25%) plus 0.0%. Their 5 year open variable rate …

Rent to Own downpayments 
Hi, How do I structure a rent-to-own so that the option fee is considered part of the downpayment from the client's bank or mortgage lender's point …

Are Two Single Family Homes a Better Investment Than a Duplex? 
A duplex selling for $365,000.00 with each side rented for $1200.00 a month. Purchased with 5% down with a monthly mortgage payment of $1500.00 Versus... …

Raw Land Purchase 
Can a person write off the interest on a mortgage for a raw land purchase?

Financing, end if the road?? 
I have a finite amount to invest and although my personal covenant is good, I don't understand how I can keep building a portfolio when my equity is exhausted. …

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Investing Question From Vancouver, BC 
Hey Guys, I have to say that your newsletter, website and free book are all great, and definitely ideas that i am really interested in. The only …

Sorry To Be Blunt From The GTA 
I'm reading the site and as a current landlord I am intersted in expanding my Real estate knowledge. What I am trying to find is your business model. …

Business Cash Flow Teleseminar on Wednesday November 25th, 2009 
Hi Tom and Nick, For those of us,who can't, for different reasons, attend the Wednesday , Nov 25 Teleseminar, will it be recorded and accessable at …

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Send us your Real Estate Investing Questions!

Do you have a real estate investing question? Are you wondering if the seller of a property is telling you the truth? Are you confused about the real estate investing process? Please submit your question below.

We strive to answer each question to the very best of our ability using our own direct experiences. There are many specifics in real estate investing that your particular community will have - we don't pretend to know what those are.

We can give you guidance based on our own experiences and from working with hundreds of Canadian real estate investors. We will point out things you should think about and if we feel you're headed down the wrong path we'll tell you!

Not only do we try and answer every single question but we will also include out thoughts on things like mortgage rates, the direction of the real estate market in Canada and any other variables that you may not be thinking of and that you'll want to investigate further.

Please remember, this is not legal advice, it is general information about real estate investing. If you submit a question you agree to not rely on the answer or on any of the information on this site for your decision making. You're your own boss, fair deal? And you really should contact a real estate lawyer and a real estate broker in your area for details around your specific situation. Their knowledge may very well change the answer. Thank you!!

                  

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This book has been downloaded over 22,597 times and has helped hundreds of investors kick-start their investing with simple and straight forward strategies that you can implement right here in Canada.