Investment Condos: Edmonton vs. Lower Mainland, BC
My original idea was to keep expanding the real estate portion of my portfolio with Edmonton properties, due to the following: (1) Low entry cost.…
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October 2017: 4 Years + 5 Months in Alberta
Sudden $2,460 dental bill. Sudden $1,000 vehicle bill. Selected for a CRA 2016 Tax Review. Further tightening mortgage rules by OSFI. The ending of the…
Life’s Unfairness
Growing up in BC often involved a theme of unfairness in a lacklustre economy, where unless you came from a family of privilege, connections, and…
Emotional Struggles of the Alberta Oilfield
Still fresh in my memory is the driving and moving to an oil town with a population of around 7,000 where I knew nobody, and…
Return on Equity of Real Estate
For things like real estate, most dream about increasing cashflow as the mortgage is paid down, and the ultimate dream is paid off properties that…
Quick Briefing of Investing
There’s no true financial advisor; most are just salespeople. People who are actually “good” at making money are busy doing it amongst themselves and don’t…
Aggressive Real Estate: One large home with HELOC vs. Multiple Properties
My objective to a Ferrari by 30 (or, financial freedom for that matter) has revolved around a theoretically simple yet in practice, complex strategy: Acquire…
September 2017 – Month 52 in Alberta
Outsmarting the banks hell-bent on stopping risk takers such as investors, volatile high-income employees, and entrepreneurs. Shielding the fruits of my labour from the government…
Summer and Year 5 In Alberta: Strategic Implications
A new piece of real estate every year. Ferrari by 30. My decision to pack my bags and drive here with only my belongings in…
August: Working for up to 16 hours/day, for 2 Companies
The summer days pass by bathing in my own sweat beneath 2-3 sweater thick coveralls under the scorching Alberta sun, and inside a vacuum or…