Investing

Mortgage Deferrals

Mortgage Deferrals

defer?   Since March, Canadian lenders have offered borrowers an opportunity to defer mortgage payments (they're okay with this because interest continues to accrue, and they're in the business of earning interest).   As one of our goals is the rapid repayment of...

Exit Alberta Real Estate?

Exit Alberta Real Estate?

exit?   2006 and 2007 were frothy years in Alberta real estate, followed by a not-unexpected collapse in 2008. We waited for things to settle down before beginning to acquire property at significant discounts to those earlier insane prices.   When I first spoke with...

The Coming Canadian Crash

The Coming Canadian Crash

  I used to have a rule of thumb: I’d buy any single-family home at 20% below current market value. Now, I’m not so sure.   On May 27, Canada Mortgage & Housing Corporation (CMHC) released a special edition of their Housing Market Outlook. In it there’s...

The Best Recession  Depression Chat Ever

The Best Recession <> Depression Chat Ever

What follows are notes prepared and shared by my friend John Diack on a recent web-conference. You are invited to view the full discussion and access source documents: Recession or Depression: Why What Happens NEXT Matters. Goals for this chat: prepare to be our very...

Safe Viewing Instructions

Safe Viewing Instructions

  This is a sample of how I have addressed Safe Viewing during COVID-19:   SPECIAL VIEWING INSTRUCTIONS This home has been sanitized and prepared for viewing with your safety in mind Please respect the instructions below in order to reduce risk to yourself...

What Happens If I Die?

What Happens If I Die?

If you manage assets for partners, they likely know you add significant value to their investment. It's reasonable for them to wonder what would happen if you were no longer around. Not long ago I actually sent this message to my partners... Subject: What Happens If I...