Real Estate Blog - Investing

2 Tips for Landlords

The Calgary real estate market has been suffering ever since the fall of oil last January. While the economy has been slowly regaining its footing, the housing market continues to be seriously affected. With so many job loses, people are leaving the city, leading to high inventory levels. These inventory levels have not significantly affected pricing of homes as stubborn sellers hold onto hope that the market will turn back in their favour. This leads to high prices and high vacancy rates.

These market conditions put landlords in a tough situation, as many are left with great properties that are going unrented. So, what can be done when vacancy rates continue to rise? There are two major things you need to do: you need to be tough on yourself and you…

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Tax Savings

While Christmas is only ten days away, there is another big event looming. The year is almost over, which means that Tax season will be upon us before we know it.

Taxes are not fun. Whether you have a professional to do them for you or not, taxes are a massive chore that many dread all year long. For some, they look forward to receiving a cheque in the mail from the government. For others, they brace themselves for the cheque they will have to write to the government.

No matter how old you are or what your current occupation is, there are ways to save come tax season. With some strategic planning, you can prevent yourself from owing more than you need to.

Here are our top ways to save during tax season:

1). Be organized. Make sure you separate…

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Vacation Properties

If there is one thing Calgarians love, it is a beautiful vacation home somewhere warm to visit on chilly winter days and as a summer getaway. Not only are vacation homes a great refuge to escape the busy city life, but they are also a fantastic investment. While real estate is one of the most popular places people invest their money, it can also be a risky investment if it is not done properly. So, today we are going to be going over how to find a great vacation property that doubles as a great investment.

Popular places for owning vacation homes are Palm Springs CA, Arizona, and Radium B.C. You definitely aren’t limited to only searching for homes here, but they do have some bonuses: the plethora of other vacation homes there mean that it is a…

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Property Investments and Vacation Homes

When people think of recreational properties, they often think of a small house in Palm Springs or Arizona that they can retreat to during the cold winter months. This is absolutely true: many people who can afford the cost and upkeep of a second property somewhere outside of their primary area of living choose to invest.

Recreational properties are great for personal use, but they can also make extremely sound investments. Many people pursue real estate as a way to make money, whether its their primary job or not, and investment properties are one of the ways they do this. An investment property is not so different from a recreational property. In fact, the only difference is the mindset: a recreational property is for personal enjoyment, and an…

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