Quotes of the Day

Hard money lenders are professionals who lend out their own money, or other peoples' money, for a living. They have a set way of doing things, a predefined interest rate, a predefined set of fees (points), and a very short term (usually less than one year). Private lenders are lending their own money but don't typically do so for a living. The rates, fees, and terms are usually lower and much more negotiable. The most common private money rates I see fall between 6% and 12%, depending on the relationship. [2015] - Brandon Turner

Peak aerobic cardiorespiratory fitness, measured in terms of VO₂ max (via a treadmill test), is perhaps the single most powerful marker for longevity. VO₂ max represents the maximum rate at which a person can utilize oxygen. This is measured, naturally, while a person is exercising at essentially their upper limit of efforts. (If you've ever had this test done, you'll know just how unpleasant it is.) The more oxygen your body is able to use, the higher your VO₂ max. [2023] - Peter Attia

Generally a person who invests for capital gains is investing on an opinion. A cash flow investor invests for facts. [2008] - Robert T. Kiyosaki

There are three price points for any product. The lowest-priced product, the highest-priced, and the middle-priced. The worst price to be is the middle price. Nobody knows who you are. The trouble with being the lowest-price product is that someone is always trying to beat you. Someone will find a way to sell the same product for less than you. To win the lowest-price competition, you have to make less and less money. On top of that you have to deal with cheap customers. [2005] - Robert T. Kiyosaki

Mortgage brokers frequently get the best discounted rates from lenders due to the volume of business they command. Some common sources of funds include: 1) Banks, trust companies, and credit unions; 2) Canada Mortgage and Housing Corp. (CMHC); 3) Private and union-sponsored pension funds; 4) Real estate syndication funds; 5) Insurance companies and private lenders. We recommend the use of mortgage brokers to save your time and money. The mortgage broker you choose should be a member of Mortgage Professionals Canada (https://mortgageproscan.ca). [2020] - Douglas Gray