Quotes of the Day

Rental real estate is a great inflation fighter. If a retiree collects enough rental revenue to cover life's expenses today, it won't be undermined by the rising cost of living. Over time, rental income and inflation ride the same chair lift. [2018] - Andrew Hallam

Arise early each morning and read for 30 to 60 minutes in your field. Attend every seminar and course you possibly can. Make it a habit to seek out and attend at least four seminar programs per year in your field. Listen to audio programs in your car and as you walk or exercise. [2004] - Brian Tracy

As interest rates fell (which has to happen sooner or later), then property prices will skyrocket, as the prices of properties are based on affordability. [2001] - Dolf de Roos

Most online discount brokers don't charge ongoing fees for investment accounts with balances above a given level-usually somewhere between $10,000 and $25,000. Accounts below this level may be hit with an 'administration' fee of $100 annually. Fortunately, there are a number of significant exceptions to this general rule that can allow small investors to avoid these fees. Some major online discount brokers don't charge ongoing administration fees for TFSA accounts of any size, while others will waive fees if you make monthly or quarterly deposits. [2018] - Larry Bates

It's nearly impossible to be successful if you buy at retail prices and finance at retail rates. You must show a profit in the first year. For every offer that is accepted, you will have dozens rejected. Some of the best buys we have made have been from sellers who were in difficult financial situations, such as being in the middle of a sticky divorce or trying to dispose of inherited property. Learn your market by making a habit of driving through potential neighborhoods where you may want to invest. You will want to meet with a property manager who knows the area where the property is located and ask how much the property could be rented for if it were in good condition. [2004] - Mike Summey