Quotes of the Day

While the duration of a complete real estate cycle has not proved to be consistent, it has typically lasted anywhere from seven to eighteen years. The longevity of each real estate cycle obviously varies depending on the state of the key drivers for each country. Smaller economies can experience faster cycles. [2011] - Don R. Campbell

Most of the good stuff requires taking a risk. "Nothing ventured, nothing gained." [2005] - Jack Canfield

A good property manager can be a great source of leads for your next property. They can also help you better understand the market, such as vacancy rates or current market rent. [2015] - Brandon Turner

Here is what makes LITS the GREATEST Tax Shelter available in Canada: Instead of withdrawing the money, visit your bank (your insurance company may also do this for you) and borrow money using the policy as the security. Generally , do not borrow the full amount all at one time, but annually as you have need of it. The arrangement you make for the loan is that no repayment will ever be made on it, but at the time of your death the funds from the LITS will be used to cover the total owing. This permits you to access the earnings from this money Tax-Free because loans have no tax ramifications and so the money is totally yours. [2008] - Dwayne Daku

if you find only a few vacant houses, it shows that the neighborhood is desirable. A shortage of For Sale signs indicates a stable neighborhood. Ideal properties for beginning investors are ones that need attention, like the ones in the risky neighborhoods, but are scattered throughout desirable communities. [2004] - Mike Summey