How Hard It Is to Invest in Canadian Real Estate

As real estate investors, our perfect world would be something like this:

• Find a new or renovated property that exactly fits the system and make an offer,
• satisfy due diligence and remove conditions,
• close on time,
• place the perfect tenant,
• and enjoy solid positive cash flow while building equity.

Unfortunately, real estate investing—and life—isn’t a perfect world. There are lots of bumps and twists, questions and situations that come up every day in your normal lives and with every real estate transaction.

What I have discovered over 40 years of being a lawyer in Edmonton, Alberta and handling approximately 25,000 transactions is… Continue reading →