If you need assistance, please call 416-804-5555

Real Estate Tips | An Educated Approach to Real Estate™ Blog

Wednesday, November 13, 2019   /   by Zifan Gao

Cash Flow 101 — A Guide to the Basics of Cash Flow

Investing in a rental property often means doing a great deal of research and one very important aspect of the process is understanding how property is going to generate cash flow from rental operations. You can perform a simple cash flow calculation to illustrate the potential of rental Real Estate as an investment. 
Here’s how it works: using a residential fourplex as an example, let’s assume that all four units are expected to be rented. Let’s also assume that the buyer did their research and the property was a decent deal - not exactly a steal but they also didn’t overpay. 
Let’s start with the basic property and deal information: 
Purchase price: $325,000
20% down payment: $65,000 
Financed balance: $260,000. 
Mortgage: 25 years at a 5-year fixed rate of 3.34 percent
Combined principal and interest payments: $1,276/month
Taxes and insurance (at the time of the purchase): $3600 a year
Total payment (mortgage payments ...

Read More


  real estate tips, market updates, gta real estate, real estate market insight, meetup

Wednesday, November 13, 2019   /   by Zifan Gao

The Costs of Being a Bad Neighbour & How to Avoid Them

Do you consider your potential new neighbours when purchasing a property? Homebuyers tend to forget that when you buy a new property, you are also buying into a relationship with your neighbours that could be decades and decades-long. You want to factor that relationship into your purchasing decision and at least do some rudimentary research on any ongoing disputes between the current property owners and others. You also want to make sure that you don't end up being the 'nasty neighbour' yourself by making significant changes to your property without community approval.
Here’s Boiron Group's 2019 field guide to common neighbour nastiness:
1. 'Tree' Jerk Reactions:

According to professional mediator Jeanette Bicknell of Bicknell Mediation, more than half of the neighbour conflicts that she sees are tree-related. The desire to protect trees from being cut down or trimmed "makes people crazy" and sparks outrage in generally congenial neighbours.
2. A history of being difficu; ...

Read More


  real estate tips, market updates, toronto real estate, gta real estate, real estate market insight, real estate market trends, bnn bloomberg

Friday, September 27, 2019   /   by Zifan Gao

5 Easy Thanksgiving Party Decor

Is your home ready for Thanksgiving? You'll be grateful for these 5 easy party decorations that you can DIY in minutes! 
Create a seasonal centrepiece:
Pumpkins are always a classic choice but you can also mix it up with pomegranates, dried florals, corn husks or feathers.
Turn a pumpkin into a vase:
Scoop out a pumpkin and hide a water-filled vase inside with a bouquet of seasonal flowers. 
Light candles on your fireplace:
For a more festive and easy to keep fireplace, arrange a block of candles inside your fireplace.
 
DIY double-duty name tags:
Cut a leaf shape from craft paper and handwrite your guests’ names. Pierce a hole in it and attach it with twine to the stem of a glass. It marks their spot on the table while keeping track of everyone’s drink.
Make your home smell like fall:
Grab a small saucepan with water, add orange peels and cinnamon sticks and bring to a boil. Turn the heat down and simmer for about an hour before guests arrive.
! ...

Read More


  real estate tips, home decor, thanksgiving home decor