7 Things Millennials Should Know About Real Estate

June 7, 2017 Jelani Smith 0

On May 23rd, Jessica Moorehouse hosted the second bi-annual Millennial Money Meetup, an event where millennials have the opportunity to learn from panelists in respect to a specific personal finance topic. For the second Millennial Money Meetup – the panel discussion was in regards to real estate (specifically within the Toronto area). The Panelists There were four panelists (including myself) […]

First Time Home Buyer at the Age of 22: How I Did It

May 23, 2017 Jelani Smith 9

During August 2015, I was driving through West Hill, a community in Toronto’s east end. I came across the former Toronto District School Board (TDSB) site of Heron Park Jr. Public School – which had been closed down and went up for sale. Amid Toronto’s rising real estate prices, TDSB has sold some of their properties, turning schools into residential […]

Meet the 30 Year Old Who Burned His Mortgage In 3 Years

May 19, 2017 Jelani Smith 0

Sean Cooper is an ambitious millennial who waved goodbye to his mortgage documents in 3 years and 2 months – something that is not a common financial achievement these days. From early on, Cooper developed good financial habits, worked multiple part time jobs throughout university, and graduated university debt free – with a networth of $70,000. In 2012, Cooper purchased […]

Do Canadians Still Have Confidence in the Housing Market?: Zoocasa Survey

May 16, 2017 Sheila O'Hearn 0

By: Sheila O’Hearn, Zoocasa Affordability in the housing market continues to be a hot topic, as home prices reach record highs in major cities, such as Vancouver and Toronto real estate markets. Combined with policy changes aimed at tightening mortgage qualifications, home ownership has become more challenging for first-time buyers, move-up buyers and downsizers. In addition, concerns about foreign and […]

How to Supercharge Your Income

May 8, 2017 Ratehub 0

By RateHub.ca If your budget is feeling tight, you might be looking for ways to increase your income quickly. Below are a few ways to put extra money in your pocket by capitalizing on your talents and smarts without putting in any overtime at your job. Start a side hustle. Practically a rite of passage for millennials, a side hustle […]

How I Made over 300% on an Apple Option

May 3, 2017 Jelani Smith 0

It wasn’t until I enrolled into a Derivatives course in university, where I gained a huge interest and understanding for options. Half way through this course, I opted for options trading within my TFSA account. Depending on your trading brokerage, you typically have to do an application in order to opt in for options trading. This application usually consists of […]

Ontario’s Fair Housing Plan: 16 New Measures

April 20, 2017 Jelani Smith 0

In response to the hot Toronto real estate market, Ontario government introduced 16 new measures within the Fair Housing Plan. These new measures are expected to address the issue of demand, and supply for real estate markets within the Greater Golden Horseshoe (GGH). Record breaking prices had government officials and economists concerned about the sustainability of the housing markets. The […]

Hot Toronto Real Estate Market: What Will the Governments Do?

April 19, 2017 Jelani Smith 0

As Toronto-area home prices continue to hit fresh records, governments are under pressure to look into measures in order to cool the housing markets. Three levels of government, Mayor John Tory, Ontario Finance Minister, Charles Sousa, and Federal Finance Minister, Bill Morneau agreed to not introduce any measures that would increase demand for Toronto Real Estate. As of March 2017, […]

New Buyers Beware: Escalating Condo Occupancy Fees

April 17, 2017 Sheila O'Hearn 0

By Sheila O’Hearn, Zoocasa Buyers who’ve managed to get in on unfinished condo projects in a market where sales are exceeding supply in the GTA real estate market, might not want to uncork the champagne bottle quite yet. Are you prepared for the financial impact of occupancy fees on your budget? Purchasers of units in larger projects will doubtless find […]

CRA Direct Deposit: Simplifying Your Tax Returns

April 10, 2017 Jelani Smith 0

Over the past few years, the Canadian Federal government have been encouraging taxpayers to receive government related payments through direct deposits. Government related payments includes tax refunds and GST/HST credits from the Canada Revenue Agency (CRA). Approximately 80% of government related payments are issued by direct deposits. If you haven’t opted to receive your government payments through direct deposit, I […]