Invest in Real Estate with Little—or No—Money

Announcing an All-Day, Dig-Deeper AFS Intensive Focus Workshop: 14 Sept 2019 in Red Deer, AB.

Anyone who follows me knows that I love Agreements for Sale (AFS)! It’s a seller financing strategy that is so, so relevant in today’s tough Canadian real estate market—especially in Alberta. AFS is a classic way of buying property with very little money out of your own pocket. On September 14th, we’re running a special AFS Intensive Focus Workshop, featuring comprehensive tools to help both new and established investors achieve financial success. Continue reading

Billionaires Bet Big On Oil-sands

Alberta Tar-sands Could See Growth from Demand for Plastics.

Major oil companies have been fleeing the oil-sands. Huge companies like Devon Energy and Shell Oil have sold their Northern Alberta oil-sands interests and projects at fire sale prices. HSBC has formally stated that they will no longer invest in the oil-sands. Does that mean Fort McMurray is dying and will soon be a ghost town?  That’s just the way the oil-sands cycle has peaked and fallen so many times in the past. If the oil-sands are dead, it could be bad news for Alberta real estate investors… Continue reading

Murder Disclosure When Real Estate Is Sold

Violent, Gang-related Death at a Vancouver Mansion Leads to Lawsuit re What Sellers Must Reveal to Buyers in Real Estate Transactions

When selling a house in Canada (and other jurisdictions with similar legal systems), a vendor must typically disclose certain types of defects in the property to potential buyers. Now, what if murder, suicide, or other nasty violence occurred in the house? How much does a seller have to reveal? The short answer is that a seller is only obligated to reveal the death if specifically asked about it by the purchaser. The legalities of the long answer are much more interesting, as this blog post will elaborate with an example from Vancouver, British Columbia. Continue reading

When to Buy Real Estate

Buy Low, Sell High Is Still Smart; Here’s Why.

Trying to answer the question ‘should I buy now?’ is universal in the real estate world. Normally I write about Alberta real estate because I’m an Alberta lawyer, but I don’t think it matters if you live in Edmonton or New York, Calgary or London. It also doesn’t matter if you’re buying a home or looking for an investment property; their home is many folks’ biggest investment, so it’s smart to think like an investor.

People who want to own property have to make a calculated decision about when to buy. Obviously, there are lots of things that go into your decision-making, but let’s chat about something very important: the condition of the real estate market. Continue reading

Panelists Share Experiences with Creative Real Estate Investing – plus Q & A

Podcast Episode 123: “Creative Real Estate Investors Panel.”

Special one-hour dive into the trenches of Creative Real Estate in Canada… and Africa! Barry has gathered a panel of experts, veritable rockstars of Creative Strategies, to share their experiences and answer questions from the audience. 

The essence of Creative Real Estate Investing is knowing strategies and recognizing opportunities. Sometimes deals come along that don’t work for your usual approach. Knowing alternative strategies like Agreements for Sale or Rent-to-Own (a.k.a. Lease Options) allows you still to turn a profit.

For many investors, Creative Strategies are a supplement to regular Buy & Hold—but they can also become a full-time real estate business. Listen now to get insight into how a bit of creativity opens up all kinds of opportunities!

Download the audio file HERE.
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Register now for Barry’s Rapid Cash Program!
Next event: Toronto, ON, Canada on June 1–2, 2019
http://rapidcashprogram.ca/

“Be creative” image by Ramdlon used under CC0 Public Domain. 

Protect Property Against Flooding

image of flooded residential street in Montreal

Podcast Episode 122: “Water Is Coming”: Climate Change Preparedness for Homeowners and Real Estate Investors.

Damaging floods are on the rise, whether as sewer backups, swollen rivers and lakes, rising ocean levels, or overland flooding. As a result, water related insurance claims have been rising, triggering changes to policies and premiums. If you own property—and especially property with a basement—it’s time to re-evaluate your preparedness. This blog post considers climate change and what it means for Canadian homeowners and real estate investors in terms of maintenance, prevention, and insurance against water damage from flooding.

Download the audio file HERE.
Read a written version below or download the handout HERE.
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  Continue reading

Real Estate Investing Workshops: Edmonton and Toronto

house and cash

How to Make Quick Money in Canada with Creative Real Estate Investing.

So, you want to be a real estate investor. But financing is a problem, so you’re not sure about getting started or whether you can continue investing.

You might feel like you don’t have the money to buy now, or you want to purchase real estate with little-to-no money down. Maybe you already own some investment properties, and you can’t qualify for more mortgages. Or maybe you have the financing to purchase investment properties, but “buy and hold” takes too long to pay off. Perhaps you’re frustrated by finding great deals on houses that don’t fit your current investing strategy.

Barry McGuire’s Rapid Cash Program shows you how to overcome barriers and become a successful real estate investor. The secret is a portfolio of proven Creative Strategies, tailored for the Canadian market. If you understand the strategies, you’ll recognize the opportunities! Continue reading

Subdividing Property to Increase Density Can Raise Issues with Mortgages on Titles

Skinny House

Podcast Episode 121: “Subdivision Nightmare.”

Across Canada, there is an ongoing discussion about the lack of affordable housing. In some areas, developers won’t build rentals because building condos is more lucrative, because there are rent controls, or perhaps a combination of both situations. Some Canadians are completely priced out of the housing market—especially in the Great Toronto Area and the Lower Mainland of British Columbia. Even in Alberta, where I live and work as a real estate lawyer, affordable housing is an issue. One solution is increased urban density. This podcast/blog post is about the legal challenges of subdividing a single lot into two or more skinnier properties. If there is a mortgage on title, watch out!
 

Download the audio file HERE. Download the handout HERE. (control click or right click + save as)
  Continue reading

Rapid Cash Program Webinar

Join our webinar on April 18th to learn about our upcoming real estate investing workshops in Edmonton and Toronto. The Rapid Cash Program will teach you creative strategies that can work in any real estate cycle to generate income and grow your portfolio. You’ll learn the secrets behind Canada-specific quick-turn strategies that will put you on the pathway to investment success!

Save Your Credit Rating from Foreclosure with Negotiation

mortgage default foreclosure

A Strategy for Walking Away from Non-recourse Mortgages in Alberta

Buying a property doesn’t always work out. Sometimes investors and homeowners alike can’t keep up with their mortgages, and they face foreclosure from their lenders. This blog post is about non-recourse mortgages in Alberta and how they sometimes make it possible to avoid foreclosure with careful negotiation—as long as the lender is understanding.

Continue reading