For the first time, the Canadian Housing Statistics Program (CHSP) is publishing data on investors. This article presents a profile of these owners and the residential properties they owned in the provinces of Nova Scotia, New Brunswick, Ontario, Manitoba and British Columbia in 2020.
“They’re not people who loved the neighbourhood for what it was,” says Mile End councillor Marie Sterlin.
There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property’s rental income should be at least 2% of the purchase price.
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Real estate investing can be a great
The devastation wrought by Hurricane Ian could be an opportunity for real estate investors because of a federal disaster rule that victims are just starting to become aware of.
Homeowners along Florida’s Gulf Coast whose homes were damaged and destroyed by the storm are subject to the Federal Emergency Management
New and burgeoning real estate investors are generally fixated on property values, loan rates and, in the case of rental properties, potential monthly revenue. But many are finding that having the wrong insurance, especially for rental property, could result in losing almost every cent invested.
Rental property insurance is more
