When you go to the bank to look at getting a mortgage pre-approval, they will often quote you a ridiculous figure as the maximum amount you can borrow. This number is usually based on a simple metric, such as “debt payments should be no more than 40% of income”. Such simple metrics can lead to… [Read More]
The Skinny on Real Estate Investing: A Book Review
Does anyone remember the real estate euphoria from a few years back? While people are still trying to pick up the pieces down south, the euphoria hasn’t really gone away up here in Canada, though the dimmer switch has perhaps been turned down somewhat. In The Skinny on Real Estate Investing: An Introduction to the… [Read More]
If You Enjoy Financial Obligations, Don’t Read This.
The following guest post is by Greg McFarlane of Control Your Cash. When you write a book about personal finance, as rudimentary as it might be, friends ask your opinions on matters fiscal. A few days ago, I received this pithy email from one of the most financially conservative people I know: When does it… [Read More]
Weekend Reading: Canadian Housing Bubble Edition
The talk about housing prices and bubbles never ceases. I’ve been doing some thinking on this topic, myself; I don’t quite see the Canadian housing market as being in a bubble, myself, due to our recourse loans encouraging people to stick it out rather than default, and the fact that stricter lender requirements should mean… [Read More]
How to Own Your Own Restaurant, Pack It in a Shipping Container, and Take It with You
A restaurant in a shipping container Ever dreamed of owning your own restaurant? How about a restaurant that you can pack up and take with you across the country, or even across the sea? There is a new type of restaurant platform that has been popping up in different locations around the world, known as… [Read More]




