Wouldn’t it be ideal to earn huge returns in real estate with minimal money down? During the golden days of the past two decades, when interest rates were cheap, that was possible. You could buy almost any asset—not just real estate—and watch it soar, thanks to real negative interest rates (where borrowing costs were lower than inflation). However, those easy money days are over.

In today’s market, going all-in beats limping in when buying real estate. Join us as we explore why a solid deposit, despite the new CMHC mortgage insurance rules, is more crucial than ever for your property investment success.

Watch this podcast on YouTube:
https://youtu.be/NmA8HDFMNU4

Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments

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Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at podcast@broadviewavenue.ca; or
2. Send a direct message on my Instagram account below; or
3. Book an appointment for a 15-minute video chat using the link on our website.

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
Instagram: https://www.instagram.com/kennethyimhomes
TikTok: https://www.tiktok.com/@kennethyimhomes
LinkedIn: https://www.linkedin.com/in/kennethyimhomes
Facebook: https://www.facebook.com/BroadviewAvenue
Web: http://www.broadviewavenue.ca

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The tenant screening process is crucial in avoiding future problems. Join me as I chat with Weiting Bollu of Openroom.ca, to discuss her platform that helps small landlords and great tenants navigate the rental market more effectively, contributing to a more connected and transparent ecosystem. Open Room allows users to search for tribunal decisions related to tenants or landlords, providing timely and crowdsourced data that might not be available through other sources like CanLii.

You must make this a critical part of your tenant/landlord screening (and reporting)! Visit www.openroom.ca.

Watch this podcast on YouTube:
https://youtu.be/NmA8HDFMNU4

Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments

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Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at podcast@broadviewavenue.ca; or
2. Send a direct message on my Instagram account below; or
3. Book an appointment for a 15-minute video chat using the link on our website.

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
Instagram: https://www.instagram.com/kennethyimhomes
TikTok: https://www.tiktok.com/@kennethyimhomes
LinkedIn: https://www.linkedin.com/in/kennethyimhomes
Facebook: https://www.facebook.com/BroadviewAvenue
Web: http://www.broadviewavenue.ca

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Why have prices only seen a modest decline in the Greater Toronto Area, despite soaring inventory and sluggish sales? What happens to condos when they get really old? Will they crumble and be insolvent? What happens if I can't close on my preconstruction purchase? Should I sell first or buy first?

Let's analyze the latest data on price changes, sales volume, and inventory levels from August 2024, and how the recent rate cuts by the Bank of Canada and rising unemployment impact the housing market.

Don't mind all the jump cuts in this video, there was a lot of "umms" and "ahhs" -- I was tired when filming this.

Q&A
0:32 Why are home prices stable despite high inventory?
2:55 Should I buy a 40 year old condo?
5:20 I can’t close on my pre-construction purchase!
12:20 Sell first or buy first?

Watch this podcast on YouTube:
https://youtu.be/4-_SfNhcCtg

Schedule a 15-minute Zoom call with Ken: https://www.broadviewavenue.ca/appointments

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Subscribe now to keep updated for more information.

If you want to chat with us, do the following:

1. Send an email at podcast@broadviewavenue.ca; or
2. Send a direct message on my Instagram account below; or
3. Book an appointment for a 15-minute video chat using the link on our website.

If you’re not ready to reach out and just want to follow for more, find us online:

YouTube: https://www.youtube.com/kennethyimhomes?sub_confirmation=1
Instagram: https://www.instagram.com/kennethyimhomes
TikTok: https://www.tiktok.com/@kennethyimhomes
LinkedIn: https://www.linkedin.com/in/kennethyimhomes
Facebook: https://www.facebook.com/BroadviewAvenue
Web: http://www.broadviewavenue.ca

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