Real Estate / For the Home Archives - Page 2 of 3

How to Sell Your House in a Weekend for Top Dollar

Published June 2, 2016 by Aaron Hoddinott
Category: Real Estate / For the HomeTagged housing market, Calgary, selling our family home, selling your home, problem with selling our house, real estate, realtor, MLS, renovation budget, Refinished hardwood floors, description of the house for the MLS listing, pictures for our MLS listing, home sold, home resale market, listing your home, move-in ready, Home buyers, How to Write a Great MLS House Description, How to Sell Your House Fast, Renovations That Add Value to Your House
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You may have read a recent blog of mine, which mentioned the fact we were selling our family home. With a growing young family, my wife and I decided we need more land for the kids to play on, so we committed to build a …

The 5 Biggest Mistakes Landlords Make

Published May 29, 2016 by Aaron Hoddinott
Category: Real Estate / For the HomeTagged landlord, rental properties, investment properties, best ways to generate passive income, Mistakes Landlords Make, find the perfect tenant for your rental property, lease agreements with tenants, inexperienced landlords, common mistakes made by landlords, pick the right investment properties
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Investment properties are simple to run when you’ve done your homework or have experience – it’s not rocket science and being a landlord is one of the best ways to generate passive income. However, rental properties can be disastrous for haphazard first-time landlords. In light …

How to Get Great Tenants in a Bad Rental Market

Published April 28, 2016 by Aaron Hoddinott
Category: Real Estate / For the HomeTagged tenants, rental property, rental market in Manhattan, landlords, invest it in your suite, prospective tenant, tough rental market, Invest in your rental property
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From the luxury condo rental market in Manhattan to townhouses in the oil town of Calgary, cities which not too long ago gave landlords a rental shortage with heavy demand from tenants are seeing the tide turn. Landlords are now having to compete for the …

Pay Down Your Mortgage or Save?

Published April 11, 2016 by Aaron Hoddinott
Category: Real Estate / For the Home, StartupsTagged landlord, real estate investors, central bankers, economy based off debt, negative interest rate, risk in the housing market, paying down mortgage balances, buy new investment properties, hot housing market, paying down your investment properties, housing market
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We are living in strange times. Western world central bankers are creating an economy based off debt, which is scary because consumers have demonstrated in decades past a general lack of fiscal responsibility when credit is cheap. What’s more, some countries in the Western world, …

How to Avoid Buying a Money Pit Investment Property

Published December 19, 2015 by Aaron Hoddinott
Category: Real Estate / For the HomeTagged landlord, investment property, purchase an investment property, ROI on a rental property, bad tenants, avoid buying a lemon of an investment property, responsible landlord, steps to take before buying an investment property, due diligence process as a landlord, real estate investor
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Before you purchase an investment property, there are two little-known, yet critical, steps to take, and they aren’t covered in the home inspection… so listen up – they can end up saving you a ton of cash. As you know from reading previous blogs of …

Best Time of Year to List Your Rental Property

Published October 21, 2015 by Aaron Hoddinott
Category: Real Estate / For the HomeTagged landlord, tenants, investment property, renting, homeowners, house hunting, lease expired, great new tenant, lease expiries, show your rental when demand is high, seasonality factors, demand for rentals
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It was nearing the end of my tenant’s lease, and she was planning on buying a house after renting for three years. I was sad to see her go because she was one of the best tenants a landlord could have, but thrilled that she …

The Most Important Thing to Do Before Buying Real Estate

Published April 18, 2015 by Aaron Hoddinott
Category: Real Estate / For the HomeTagged house hunt, a second opinion, proud homeowners, curb appeal, suburbia, boots on the ground knowledge, government housing, critical information about the neighborhood, investment decision, buying an investment property, investing in real estate
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Recently, I was helping a friend house hunt. He was new to the city, and not too familiar with any of the neighbourhoods. Astutely, he wanted a second opinion in the process. Deciding Which Property to Buy After scouting about 20 houses within his …

It Costs a Lot of Money to Sell an Investment Property

Published February 26, 2015 by Aaron Hoddinott
Category: Real Estate / For the HomeTagged investment property, Selling my first real estate property, closing of the sale, investment opportunity, real estate investors, breaking the mortgage contract, Realtor Commissions, Real Estate Sale Legal Fees
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Selling my first real estate property was exciting. Taking money off the table is always nice. Only mistake I made was not properly calculating the amount I was to be left with upon closing of the sale, leaving me in a bit of a pickle …

How Much Can Your Tenant Afford in Monthly Rent?

Published February 3, 2015 by Aaron Hoddinott
Category: Real Estate / For the HomeTagged landlord, investment property, passive income, quality of your tenant, long-term tenant, problem many landlords deal with, The 40-to-1 ratio, annual income to monthly rent ratio, tenant’s income
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Making consistent, passive income as a landlord is largely dependent on the quality of your tenant. As I’ve always said, a responsible, long-term tenant is the most important piece of the investment property puzzle. High turnover (tenant leaving every 6 months to a year) cuts …

Should Landlords Allow Dogs in Rental Properties?

Published November 6, 2014 by Aaron Hoddinott
Category: Real Estate / For the Home, Risk vs. RewardTagged investment property, investment properties, tenant, perfect tenant, Should Landlords Allow Dogs?, allow dogs or not, types of rental properties, rental condo, renting out a condo, yappy dogs, rental property, investment property is a house, Pros to Allowing Dogs in Your Rental Property, landlord and rent out a condo
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I got a call on Sunday from my favourite tenant. She’s been living in one of my investment properties for nearly four years, and has been nothing but a pleasure to deal with. However, the only time she calls me, which is rare, is when …

Real Estate / For the Home