the Wealthy Canadian

There is an interesting article in the Globe today titled, “Oil patch cuts claim Alberta’s high-paying jobs.”  For those who don’t know, Alberta is Canada’s hub of the energy sector.  Alberta, has (some may say had) huge reserves of oil and gas, has the infamous heavy oil projects and Calgary (the largest city) is home [...]

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During the last boom Calgary was one of the hottest markets in Canada.  Combining a global real estate bubble with a commodities surge, Calgary, the home to Canada’s oil sector, was well positioned to benefit.
Things have been cooling off in the last 18 months, or so, so I decided to take a look at the [...]

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A bear market is characterized by widespread pessimism. This environment causes investors to either divest themselves of their portfolios entirely or become far more conservative/blind in their investment strategies. This can be roughly compared to the housing market as well. When looking at the health of the market, buyers (like investors) sometimes mistakenly take [...]

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There is another avenue of real estate ownership available to the real estate investor. This mode of ownership creates a landlord-tenant relationship because your revenue is garnered through rental fees. This is another “buy and hold” situation that requires a good deal of research whether you are investing in residential or commercial properties. Having a [...]

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Now that you’ve found your hidden real estate gem, it’s time to examine two other aspects of your intended purchase. When do you intend to sell and what improvements do you intend to make? These two questions are interlocked and depend heavily on one another to determine either. A usual place to start would be [...]

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