To Invest or Not to Invest in Canadian Real Estate?
To Invest or Not to Invest in Canadian Real Estate? Pyramine Investment Inc. Has the Answer! Embarking on the realm of Canadian real estate investment opens doors to immense financial prospects, provided you navigate with precision. Delve into the realm of real estate investing in Canada, where knowledge is power, and your investments can flourish. […]
Transforming Canada’s Rental Landscape:
Transforming Canada's Rental Landscape: A Novel Approach to Addressing Housing Realitie A groundbreaking coalition of industry luminaries, housing advocates, and experts is delivering a resounding call to action to government authorities: ignite a comprehensive transformation in policies to catalyze the creation of urgently needed rental units in Canada. Introducing the visionary report titled “A Multi-Sector […]
The Popular 4% Retirement Withdrawal Rule
The Popular 4% Retirement Withdrawal Rule Gets Upgraded to 4.7% – What It Means The well-known “4% rule” which guides retirement spending just received a boost upward based on a new analysis. Financial advisor Bill Bengen, who first outlined the rule in a landmark 1994 study, has now revised it upwards to 4.7% due to […]
Navigating the obstacles of mortgage approval
Navigating the obstacles of mortgage approval As the founder of Pyramine investment Inc., I am well aware of the challenges that arise when it comes to securing mortgage approvals for residential properties with 1 to 4 units, especially in light of the increasing interest rates. Switching lenders for better rates at renewals, qualifying for the full […]
4% Rule How Real Estate Investment Can Enhance It
The 4% Rule and How Real Estate Investment Can Enhance It What is the 4% Rule? The 4% rule is a popular guideline for retirees who want to know how much they can safely withdraw from their savings each year. According to this rule, you can spend 4% of your portfolio in the first year […]
How much do you need to retire?$1.7M?
How much money do you need to retire in Canada? Is it really $1.7 million? While $1.7 million is a big number, it’s possible to retire in Canada on that amount, if you start an RRSP early in life and contribute to it every year. Retired Money highlights Canadians think they need $1.7 million to […]
How does an RRSP work?
How does an RRSP work? Saving for retirement can be accomplished with a Registered Retirement Savings Plan. RRSPs are often crowded before tax filing time because they offer tax advantages. And the earlier you start saving for your retirement, the better. Your retirement savings will benefit from a longer time horizon and compound interest. […]
New legislation affecting real estate in 2023
New legislation affecting real estate in 2023 On January 1st, several new policies impacting buyers, sellers, and real estate professionals in Canada were implemented. Here is a breakdown of the new policies, including important details that may affect your business and your clients: Federal policies Prohibition on the Purchase of Residential Property by Non-Canadians Act […]
Toronto is a buyer’s market for investors
Toronto is a buyers market for investors in 2023 As reported by Urbanization, 25,000 condo units are expected to hit the Toronto real estate market this year. A recent revision sees this number down nearly 6,600 units from the previously reported 32,000 units. Although this number beats the previous high of 22,473 units completed in 2020, […]
The Benefits and Strategies.
Why You Should Invest In An 18-Hour City Real estate investments can be a great way to make money, diversify your portfolio, and create passive income streams. But if you’re new to real estate investing, it can be intimidating to get started. In this blog post, I’ll break down the basics of real estate investing […]