Quotes of the Day

Outdoor signs and billboards are superb at reminding people of your existence and your reason for being. They aren't successful as a sole means of marketing except in rare instances. However, they work well in combination with other marketing methods. Advertising specialties such T-shirts, calendars, mousepads, and baseball caps work like billboards and signs to remind people of your existence. [1998] - Jay Conrad Levinson

Powdered multivitamins sold in large canisters or tubs may not be the best delivery system. Not only can the powder become oxidized each time the tub is opened and exposed to air and light, but it's nearly impossible to guarantee which micronutrients you will be getting in each daily serving. This is because most vitamins are light and fluffy, whereas most minerals are dense and heavy. Over time, if stored in a large tub, the heavier micronutrients will naturally sink to the bottom, making it difficult to know which ones you're scooping into your daily multivitamin drink. [2019] - Mira Calton

A potential spouse who has a son or daughter poses several marital risks. Falling in love with someone does not necessarily mean you will have a positive relationship with his or her child. Even though both members of the couple may genuinely enjoy and accept their new stepchildren, there is no guarantee that the feelings will be reciprocated by the children involved. Child support can test and add stress to a relationship as it places additional demands and financial strains on the marriage. This is especially true if the other parent of the children chooses to cause trouble. [2011] - Isabelle Fox

The cap rate is the ratio between the net income and original price. You get this by dividing the net income by the property's purchase price and it's expressed as a percentage. I look for 10% and higher (if possible), which is difficult to find in Toronto. In the US, where I own additional properties, it's not as difficult to find; it's much more common and that's why I also like purchasing homes there, for the cash flow. [2021] - Shazia Virani

There are four ways to profit from real estate. The first is mortgage pay-down. You can rely on your real estate investments to reliably pay down your mortgage. As the mortgage is paid down, your equity goes up. Second is cash flow. Once all of your property expenses have been paid, the money remaining is your cash flow. Third is appreciation. We have incredibly strong historical proof showing that the real estate market rises gently over time. Fourth is forced appreciation. Properties that are renovated to a certain modern standard earn more income. This could be cosmetic and, therefore, lead to higher-quality tenants desiring the property, or it could be structural and, therefore, change the use of the property (from one suite to two, for example). [2017] - Calum Ross