The Truth About Real Estate Investing... For Canadians

On the real estate front, can we stand down the red alert on real estate? Not to say challenges are not ahead but much more is known about the problems we as real estate investors face compared to two months ago pre-march break. Commercial is a sore spot both residential and non residential.  Student rentals will be a challenge as McGill and UBC announced many classes will be online.  What that means for our student tenants remains to be seen as many programs require labs, group work, in hospital rotations, etc… For tenants who are looking to rent something, the timing couldn’t be much better.  Same for those who have cash and credit to buy.  There will always be opportunities for some so take advantage while you can.  For example, I have a family member looking to sell a starter home in the suburbs and buy a bigger condo downtown Toronto.  The timing could not be better.  Again, opportunity will always come to those who know where to find it. Speaking of chasing opportunities, we have a legit wealth hacker a