How to make money from home Or rather, from your home. That’s right, many of you might have a spare bedroom in your place that is doing little more than holding boxes or being used as storage. And you might occasionally use it when guests come into town. But what if you could turn that space into a revenue generating …
Thinking of Moving but Can’t Afford to? Here are 3 ways to Maximize Your Toronto Home Space
Here is the dilemma facing many of our neighbours here in Toronto: Jane and Tarzan got into the housing market a few years ago before their family started to grow. And now that they are a little bit more established and wanting to expand their family they are realizing that the starter home they purchased just isn’t big enough. But, …
Renting My Toronto Condo on Airbnb: Was it Profitable?
Airbnb by the numbers: How much can you make? As I detailed in a previous post I have used multiple properties that I have purchased to help generate additional cash flow using the Airbnb platform. Being an entrepreneur and starting businesses can be a difficult and trying time. By using this strategy it can help to alleviate some of the …
My top tips for being a killer Airbnb host
You don’t become an Airbnb Super Host by being average I’ve hosted many guests over the years here in Toronto using Airbnb. Not all of my experiences were sunshine and rainbows, but like anything you do in life, practice makes perfect. Here are a few of my suggestions that helped set my listing apart from others and can help you …
Does It Cost Money to Use a Mortgage Broker?
First a Little Back Story… It was when I first started investing in Toronto real estate that I was introduced to mortgage brokers. Prior to this I always just worked with my local bank (in my case RBC bank) to get a mortgage approved. One of the first questions to pop into my head when a colleague mentioned the mortgage …
Mortgage Affordability Calculator
The All Canadian Mortgage Affordability Calculator Home-grown, organic, non-GMO and packed full of valuable insight. With the average home price in Toronto skyrocketing $550 per day it’s no wonder so many people are looking to get into the housing market sooner rather than later. But the most asked question that I get is how much mortgage can I afford? A …
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