Real Estate

I was on CTV News talking about what we as landlords can do to help the frontline workers.

It’s the beginning of 2020 and most real estate agents are feeling like they are having their own Groundhog Day moment as they are re-living the beginning of 2017 again. The most common, tried and true way to sell a house or condo in this city is by setting up a bidding war. This means pricing the property slightly lower than the market to garner as much interest as possible. This practice is common and has been happening since before I bought my first home in 2005 when I had to fight off 10 other bidders for a house.

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So I recently read an old CNBC interview where author David Bach states that “buying a home is an escalator to wealth”. David Bach has written many, many books on becoming a millionaire. I read the Automatic Millionaire many, many years ago and found it extremely helpful.