Planulife
1101 Kingston Rd Suite 260 Pickering, ON, Canada

Thank You Jason Ludwig! #planulife #Trebstats #artificialintelligence #automation #canadianhomes #realestate #mortgage #investments #financialplanning #financialfreedom #house #home #openhouse #realestate #torontorealestate #durhamrealestate #peelregion #toronto #mississauga #oakville #burlington #markham #vaughan #pickering #ajax #whitby #oshawa #bowmanville #canada

AUGUST TREB STATS ARE OUT! #planulife #calculator #artificialintelligence #automation #canadianhomes #realestate #mortgage #investments #financialplanning #financialfreedom #house #home #realestate #torontorealestate #durhamrealestate #peelregion #toronto #mississauga #oakville #burlington #markham #vaughan #pickering #ajax #whitby #oshawa #bowmanville #canada

BANK OF CANADA RATE UPDATE Canada's central bank has decided to keep its benchmark rate at 1.75%, despite "escalating trade conflicts" that are starting to take a toll on the country's economy. Relatively low mortgage rates are expected to remain for the foreseeable future.

Your Planulife dashboard empowers you to participate in commercial real estate, traditionally exclusive to institutions and select individuals. Commercial - Can consist of a variety of different types of real estate holdings at various stages such as raw land development, construction to financing and managing real estate. Commercial real estate allows groups of people and/or companies to work together to maximize goals and objectives, which can be very rewarding. Buy and ...Hold- Investing in rental properties is good for active investors planning to own the real estate long term and manage or outsource management. Buy-and-hold investors look for rental income and/or market appreciation. This strategy can be limited from a tax perspective. Fix-and-flip- Investing for experienced, short-term investors wanting to purchase, renovate, and sell a property quickly. Flippers look for distressed properties with equity potential that can be flipped in 12 months or less look for an average gross profit of 15% to 20%+, but typically require sweat equity . New construction- Pre-booking condos and houses during the pre-construction phase, speculating appreciation before being built typically 18 months to 5 years later. This method can generate good returns in a fast-paced growing market, however, in normal markets it is unwarranted.

For most buyers, the CMHC program helps with cash flow and getting approved for a higher amount, but does not help you save much. Based on current mortgage rate of 2.59%, with a 5% boost from the CMHC program on a resale home, in 5 years the buyer may end up saving $1,056. Note, on a home costing $500,000, if the borrower puts down $50,000 and the CMHC puts up 5% ($25,000) the CMHC would then own 5% of that home. So if, down the line, the house appreciates to $600,000 and th...e borrower wants to sell, they would have to give the CMHC 5% of the sale price $30,000 in this example not the $25,000 the CMHC put down in the first place. #planulife #dashboard #calculator #artificialintelligence #automation #canadianhomes #realestate #mortgage #investments #financialplanning #financialfreedom #house #home #realestate #torontorealestate #durhamrealestate #peelregion #toronto #mississauga #oakville #burlington #markham #vaughan #pickering #ajax #whitby #oshawa #bowmanville #canada