Tales from the Trenches https://barrymcguire.ca Podcast featuring stories of real estate landmines—and how to avoid them. Coming to you from the desk of veteran Canadian lawyer Barry McGuire. Tue, 23 Aug 2022 21:51:43 +0000 en-CA hourly 1 59684625Real estate investment stories from the desk of veteran lawyer Barry McGuire Barry McGuire no All rights reserved.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investingBarry McGuire's Tales from the Trenchesinfo@barrymcguire.caBarry McGuire Learn How to Write Agreement for Sale Paperwork in Canadian Real Estate https://barrymcguire.ca/2022/08/23/learn-how-write-agreement-for-sale-paperwork-canadian-real-estate/ Tue, 23 Aug 2022 17:33:55 +0000 https://barrymcguire.ca/?p=185166 Continue reading Learn How to Write Agreement for Sale Paperwork in Canadian Real Estate]]> 659 185166Barry C. McGuire Podcast Episode 136: “AFS Paperwork and Education.” About four months ago, I got a call from a client who wanted to sell his property by way of Agreement for Sale (AFS). Unfortunately, he had only a skimpy notion of the AFS concept and no actual education on how to apply the strategy. This blog post and … Continue reading Learn How to Write Agreement for Sale Paperwork in Canadian Real Estate info@barrymcguire.ca (Barry McGuire)noPodcast Episode 136: “AFS Paperwork and Education.” About four months ago, I got a call from a client who wanted to sell his property by way of Agreement for Sale (AFS). Unfortunately, he had only a skimpy notion of the AFS concept and no actual education on how to apply the strategy. This blog post and … Continue reading Learn How to Write Agreement for Sale Paperwork in Canadian Real EstateBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Buy Property Without a Mortgage in Canada by Solving a Seller’s Problems https://barrymcguire.ca/2022/04/26/how-to-buy-property-without-mortgage-canada-solving-sellers-problems/ Tue, 26 Apr 2022 15:00:31 +0000 https://barrymcguire.ca/?p=184539 Continue reading How to Buy Property Without a Mortgage in Canada by Solving a Seller’s Problems]]> 698 184539Barry C. McGuire Podcast Episode 135: “Win-Win Real Estate Investing.” Here’s another success story from the lucrative Creative Real Estate Investing space. For would-be Canadian real estate investors, two of the biggest obstacles are building up cash for a deposit and qualifying for a mortgage. This Tale is an example of how one of our students creatively solved … Continue reading How to Buy Property Without a Mortgage in Canada by Solving a Seller’s Problems info@barrymcguire.ca (Barry McGuire)noPodcast Episode 135: “Win-Win Real Estate Investing.” Here’s another success story from the lucrative Creative Real Estate Investing space. For would-be Canadian real estate investors, two of the biggest obstacles are building up cash for a deposit and qualifying for a mortgage. This Tale is an example of how one of our students creatively solved … Continue reading How to Buy Property Without a Mortgage in Canada by Solving a Seller’s ProblemsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How Much Money Can I Make Quickly in Canadian Real Estate? https://barrymcguire.ca/2022/04/07/make-money-quickly-canadian-real-estate/ Thu, 07 Apr 2022 18:02:00 +0000 https://barrymcguire.ca/?p=184328 Continue reading How Much Money Can I Make Quickly in Canadian Real Estate?]]> 915 184328Barry C. McGuire Podcast Episode 134: “Wholesale Home Run!” For a change of pace, here is a positive Tale about a massive success in Canadian real estate investing. Longtime readers/listeners know that my Tales from the Trenches series is mostly about how buyers and sellers of real estate get themselves in trouble. It doesn’t matter whether folks are … Continue reading How Much Money Can I Make Quickly in Canadian Real Estate? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 134: “Wholesale Home Run!” For a change of pace, here is a positive Tale about a massive success in Canadian real estate investing. Longtime readers/listeners know that my Tales from the Trenches series is mostly about how buyers and sellers of real estate get themselves in trouble. It doesn’t matter whether folks are … Continue reading How Much Money Can I Make Quickly in Canadian Real Estate?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How Long It Takes to Buy a Foreclosed Property https://barrymcguire.ca/2021/11/10/how-long-buy-foreclose-property/ Wed, 10 Nov 2021 16:00:35 +0000 https://barrymcguire.ca/?p=182309 Continue reading How Long It Takes to Buy a Foreclosed Property]]> 962 182309Barry C. McGuire Podcast Episode 133: “Foreclosure Timing Traps.” When searching for the ideal piece of real estate to buy, properties in foreclosure can be an interesting place to look. Are you an investor looking for a new rental property? Or maybe you’re a buyer looking for a dream home—or at least a property you can turn into … Continue reading How Long It Takes to Buy a Foreclosed Property info@barrymcguire.ca (Barry McGuire)noPodcast Episode 133: “Foreclosure Timing Traps.” When searching for the ideal piece of real estate to buy, properties in foreclosure can be an interesting place to look. Are you an investor looking for a new rental property? Or maybe you’re a buyer looking for a dream home—or at least a property you can turn into … Continue reading How Long It Takes to Buy a Foreclosed PropertyBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Three Issues to Negotiate When Buying or Selling Real Estate: Chattels, Defects, and Stigmata https://barrymcguire.ca/2021/03/03/negotiate-chattels-fixtures-defects-stigmas-buying-selling-real-estate/ Wed, 03 Mar 2021 16:35:45 +0000 https://barrymcguire.ca/?p=180922 Continue reading Three Issues to Negotiate When Buying or Selling Real Estate: Chattels, Defects, and Stigmata]]> 605 180922Barry C. McGuire Podcast Episode 132: “(Un)attached Goods, Defects, and Stigmas.” Negotiating an Offer to Purchase for a piece of real estate is about more than just the price. In this blog post, I’ll start by looking at two key points that must be worked out between buyer and seller: unattached goods and material latent defects. Then I’ll … Continue reading Three Issues to Negotiate When Buying or Selling Real Estate: Chattels, Defects, and Stigmata info@barrymcguire.ca (Barry McGuire)noPodcast Episode 132: “(Un)attached Goods, Defects, and Stigmas.” Negotiating an Offer to Purchase for a piece of real estate is about more than just the price. In this blog post, I’ll start by looking at two key points that must be worked out between buyer and seller: unattached goods and material latent defects. Then I’ll … Continue reading Three Issues to Negotiate When Buying or Selling Real Estate: Chattels, Defects, and StigmataBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Renovated Basements Without Permits and Inspections Come Back to Haunt Buyers https://barrymcguire.ca/2020/11/25/renovated-basements-permits-inspections-problems/ Wed, 25 Nov 2020 16:00:28 +0000 https://barrymcguire.ca/?p=180019 Continue reading Renovated Basements Without Permits and Inspections Come Back to Haunt Buyers]]> 875 180019Barry C. McGuire Podcast Episode 131: “Renovation Heartbreak.” Dishonest, fly-by-night, or even inexperienced renovators can leave a trail of heartbreak. Buyers happily move into their newly-purchased, freshly-renovated home, but problems often don’t show up till later. Here are three recent scenarios from my real estate law practice in Edmonton, Alberta. First, I’ll discuss the problems, then I’ll talk about … Continue reading Renovated Basements Without Permits and Inspections Come Back to Haunt Buyers info@barrymcguire.ca (Barry McGuire)noPodcast Episode 131: “Renovation Heartbreak.” Dishonest, fly-by-night, or even inexperienced renovators can leave a trail of heartbreak. Buyers happily move into their newly-purchased, freshly-renovated home, but problems often don’t show up till later. Here are three recent scenarios from my real estate law practice in Edmonton, Alberta. First, I’ll discuss the problems, then I’ll talk about … Continue reading Renovated Basements Without Permits and Inspections Come Back to Haunt BuyersBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Third Preventable Flood at Alberta Home; Who Is Liable? https://barrymcguire.ca/2020/10/06/preventable-flood-liability-alberta/ Tue, 06 Oct 2020 16:00:55 +0000 https://barrymcguire.ca/?p=179457 Continue reading Third Preventable Flood at Alberta Home; Who Is Liable?]]> 491 179457Barry C. McGuire Podcast Episode 130: “Third Flood.” Recently, some Alberta homeowners finally ran out of patience when their property was flooded—again. They lived on the lower end of a sloped street, and water flowed down the block from the higher end when it rained. The curb had slumped in front of their home, allowing water to run … Continue reading Third Preventable Flood at Alberta Home; Who Is Liable? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 130: “Third Flood.” Recently, some Alberta homeowners finally ran out of patience when their property was flooded—again. They lived on the lower end of a sloped street, and water flowed down the block from the higher end when it rained. The curb had slumped in front of their home, allowing water to run … Continue reading Third Preventable Flood at Alberta Home; Who Is Liable?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Should a Buyer Accept Title Insurance in Lieu of a Real Property Report and Compliance? https://barrymcguire.ca/2020/08/12/title-insurance-versus-rpr/ Wed, 12 Aug 2020 15:00:02 +0000 https://barrymcguire.ca/?p=179222 Continue reading Should a Buyer Accept Title Insurance in Lieu of a Real Property Report and Compliance?]]> 1189 179222Barry C. McGuire Podcast Episode 129: “Home-buyer’s Dilemma.” Seems like I’m always finding examples to write about regarding real property reports (RPR) and how they fit into a real estate transaction in Alberta. Land surveys, as RPRs are also known, should be simpler than they are. The standard AREA/MLS contract says that the seller will provide an RPR … Continue reading Should a Buyer Accept Title Insurance in Lieu of a Real Property Report and Compliance? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 129: “Home-buyer’s Dilemma.” Seems like I’m always finding examples to write about regarding real property reports (RPR) and how they fit into a real estate transaction in Alberta. Land surveys, as RPRs are also known, should be simpler than they are. The standard AREA/MLS contract says that the seller will provide an RPR … Continue reading Should a Buyer Accept Title Insurance in Lieu of a Real Property Report and Compliance?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Real Estate Cage Fight: Restrictive Covenants vs. City Bylaws https://barrymcguire.ca/2020/07/08/restrictive-covenants-vs-city-bylaws/ Wed, 08 Jul 2020 15:46:47 +0000 https://barrymcguire.ca/?p=178915 Continue reading Real Estate Cage Fight: Restrictive Covenants vs. City Bylaws]]> 872 178915Barry C. McGuire Podcast Episode 128: “Secondary Suite Grudge Match.” Would-be Calgary Landlord Builds Legally-Approved Secondary Suite but Gets Stifled by Restrictive Covenant on Title for Neighbourhood’s Single-Family Dwellings. And now for the main event! This Real Estate Regulation League title fight is scheduled for five rounds in the heavyweight division. At stake is the Secondary Suite Championship … Continue reading Real Estate Cage Fight: Restrictive Covenants vs. City Bylaws info@barrymcguire.ca (Barry McGuire)noPodcast Episode 128: “Secondary Suite Grudge Match.” Would-be Calgary Landlord Builds Legally-Approved Secondary Suite but Gets Stifled by Restrictive Covenant on Title for Neighbourhood’s Single-Family Dwellings. And now for the main event! This Real Estate Regulation League title fight is scheduled for five rounds in the heavyweight division. At stake is the Secondary Suite Championship … Continue reading Real Estate Cage Fight: Restrictive Covenants vs. City BylawsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Three Examples of Real Estate Woe with Permits, Surveys, and Compliance https://barrymcguire.ca/2020/06/02/real-estate-woe-permits-surveys-compliance/ Tue, 02 Jun 2020 16:14:51 +0000 https://barrymcguire.ca/?p=178723 Continue reading Three Examples of Real Estate Woe with Permits, Surveys, and Compliance]]> 1054 178723Barry C. McGuire Podcast Episode 127: “3×3 Permits.” This is the third Tale in my recent mini-series on Real Property Reports (RPR), municipal compliance, and building/development permits. Our first two Tales dealt with the maze of bureaucracy that surrounds permits and the dangers of not getting a clean RPR with compliance when buying real estate. As per usual, my examples … Continue reading Three Examples of Real Estate Woe with Permits, Surveys, and Compliance info@barrymcguire.ca (Barry McGuire)noPodcast Episode 127: “3×3 Permits.” This is the third Tale in my recent mini-series on Real Property Reports (RPR), municipal compliance, and building/development permits. Our first two Tales dealt with the maze of bureaucracy that surrounds permits and the dangers of not getting a clean RPR with compliance when buying real estate. As per usual, my examples … Continue reading Three Examples of Real Estate Woe with Permits, Surveys, and ComplianceBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Rules and Regulations for Secondary Suite Permits Getting Stricter https://barrymcguire.ca/2020/03/23/rules-secondary-suite-permits-stricter/ Mon, 23 Mar 2020 20:27:01 +0000 https://barrymcguire.ca/?p=177830 Continue reading Rules and Regulations for Secondary Suite Permits Getting Stricter]]> 1002 177830Barry C. McGuire Podcast Episode 126: “Trapped in a Permit Maze.” This Tale from the Trenches is the second in our ongoing mini-series on permits for real estate. You know, those sometimes-nasty bits of paper that towns, cities, counties, and other municipalities require before you can do certain types of work on a property. From my perspective as … Continue reading Rules and Regulations for Secondary Suite Permits Getting Stricter info@barrymcguire.ca (Barry McGuire)noPodcast Episode 126: “Trapped in a Permit Maze.” This Tale from the Trenches is the second in our ongoing mini-series on permits for real estate. You know, those sometimes-nasty bits of paper that towns, cities, counties, and other municipalities require before you can do certain types of work on a property. From my perspective as … Continue reading Rules and Regulations for Secondary Suite Permits Getting StricterBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing You Can’t Fight City Hall on Real Property Reports and Compliance https://barrymcguire.ca/2020/02/18/cant-fight-city-hall-real-property-reports-compliance/ Tue, 18 Feb 2020 17:00:59 +0000 https://barrymcguire.ca/?p=177308 Continue reading You Can’t Fight City Hall on Real Property Reports and Compliance]]> 818 177308Barry C. McGuire Podcast Episode 125: “Hot Tub Trials and Tribulations.” This episode of Tales from the Trenches is shocking! A client had retained my legal services to help with purchasing her dream home in Edmonton, Alberta. The seller provided a brand-new real property report (RPR) to my client, who in turn sent the RPR to me for … Continue reading You Can’t Fight City Hall on Real Property Reports and Compliance info@barrymcguire.ca (Barry McGuire)noPodcast Episode 125: “Hot Tub Trials and Tribulations.” This episode of Tales from the Trenches is shocking! A client had retained my legal services to help with purchasing her dream home in Edmonton, Alberta. The seller provided a brand-new real property report (RPR) to my client, who in turn sent the RPR to me for … Continue reading You Can’t Fight City Hall on Real Property Reports and ComplianceBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Negotiating Tax on Real Estate Deals when the Seller Is not a Resident of Canada. https://barrymcguire.ca/2019/12/11/negotiate-real-estate-deal-non-resident-canada/ Wed, 11 Dec 2019 17:00:17 +0000 https://barrymcguire.ca/?p=174851 Continue reading Negotiating Tax on Real Estate Deals when the Seller Is not a Resident of Canada.]]> 856 174851Barry C. McGuire Podcast Episode 124: “Non-Resident Taxes Part II.” Like all things tax related, non-resident tax is complicated when it comes to buying and selling real estate in Canada. In February, 2016, I posted a lengthy blog on non-resident tax and how it can affect buyers, sellers, and realtors. Lots of liability and dangerous situations here, folks, … Continue reading Negotiating Tax on Real Estate Deals when the Seller Is not a Resident of Canada. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 124: “Non-Resident Taxes Part II.” Like all things tax related, non-resident tax is complicated when it comes to buying and selling real estate in Canada. In February, 2016, I posted a lengthy blog on non-resident tax and how it can affect buyers, sellers, and realtors. Lots of liability and dangerous situations here, folks, … Continue reading Negotiating Tax on Real Estate Deals when the Seller Is not a Resident of Canada.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Panelists Share Experiences with Creative Real Estate Investing – plus Q & A https://barrymcguire.ca/2019/05/22/creative-real-estate-investors-panel/ Wed, 22 May 2019 17:49:18 +0000 https://barrymcguire.ca/?p=165972 Continue reading Panelists Share Experiences with Creative Real Estate Investing – plus Q & A]]> 3974 165972Barry C. McGuire Podcast Episode 123: “Creative Real Estate Investors Panel.” Special one-hour dive into the trenches of Creative Real Estate in Canada… and Africa! Barry has gathered a panel of experts, veritable rock stars of Creative Strategies, to share their experiences and answer questions from the audience.  The essence of Creative Real Estate Investing is knowing strategies … Continue reading Panelists Share Experiences with Creative Real Estate Investing – plus Q & A info@barrymcguire.ca (Barry McGuire)noPodcast Episode 123: “Creative Real Estate Investors Panel.” Special one-hour dive into the trenches of Creative Real Estate in Canada… and Africa! Barry has gathered a panel of experts, veritable rock stars of Creative Strategies, to share their experiences and answer questions from the audience.  The essence of Creative Real Estate Investing is knowing strategies … Continue reading Panelists Share Experiences with Creative Real Estate Investing – plus Q & ABarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Protect Property Against Flooding https://barrymcguire.ca/2019/05/08/protect-property-against-flooding/ Wed, 08 May 2019 16:00:53 +0000 https://barrymcguire.ca/?p=165771 Continue reading Protect Property Against Flooding]]> 805 165771Barry C. McGuire Podcast Episode 122: “Water Is Coming”: Climate Change Preparedness for Homeowners and Real Estate Investors. Damaging floods are on the rise, whether as sewer backups, swollen rivers and lakes, rising ocean levels, or overland flooding. As a result, water related insurance claims have been rising, triggering changes to policies and premiums. If you own property—and … Continue reading Protect Property Against Flooding info@barrymcguire.ca (Barry McGuire)noPodcast Episode 122: “Water Is Coming”: Climate Change Preparedness for Homeowners and Real Estate Investors. Damaging floods are on the rise, whether as sewer backups, swollen rivers and lakes, rising ocean levels, or overland flooding. As a result, water related insurance claims have been rising, triggering changes to policies and premiums. If you own property—and … Continue reading Protect Property Against FloodingBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Subdividing Property to Increase Density Can Raise Issues with Mortgages on Titles https://barrymcguire.ca/2019/04/17/subdividing-property-mortgages-titles/ Wed, 17 Apr 2019 17:00:13 +0000 https://barrymcguire.ca/?p=165453 Continue reading Subdividing Property to Increase Density Can Raise Issues with Mortgages on Titles]]> 608 165453Barry C. McGuire Podcast Episode 121: “Subdivision Nightmare.” Across Canada, there is an ongoing discussion about the lack of affordable housing. In some areas, developers won’t build rentals because building condos is more lucrative, because there are rent controls, or perhaps a combination of both situations. Some Canadians are completely priced out of the housing market—especially in the … Continue reading Subdividing Property to Increase Density Can Raise Issues with Mortgages on Titles info@barrymcguire.ca (Barry McGuire)noPodcast Episode 121: “Subdivision Nightmare.” Across Canada, there is an ongoing discussion about the lack of affordable housing. In some areas, developers won’t build rentals because building condos is more lucrative, because there are rent controls, or perhaps a combination of both situations. Some Canadians are completely priced out of the housing market—especially in the … Continue reading Subdividing Property to Increase Density Can Raise Issues with Mortgages on TitlesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Work with a Property Manager https://barrymcguire.ca/2019/01/23/how-to-work-with-a-property-manager/ Wed, 23 Jan 2019 17:00:43 +0000 https://barrymcguire.ca/?p=163164 Continue reading How to Work with a Property Manager]]> 502 1598 163164Barry C. McGuire Podcast Episode 120: “Property Management Nightmare.” I got an email recently from an unhappy investor about problems with his property manager in Edmonton. Real estate investing is all about relationships, and you need to be able to rely on the people in your team. Property managers are supposed to find tenants, collect rent, and deal … Continue reading How to Work with a Property Manager info@barrymcguire.ca (Barry McGuire)noPodcast Episode 120: “Property Management Nightmare.” I got an email recently from an unhappy investor about problems with his property manager in Edmonton. Real estate investing is all about relationships, and you need to be able to rely on the people in your team. Property managers are supposed to find tenants, collect rent, and deal … Continue reading How to Work with a Property ManagerBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Avoid Bad Real Estate Deals https://barrymcguire.ca/2018/08/07/avoid-bad-real-estate-deals/ Tue, 07 Aug 2018 16:00:49 +0000 https://barrymcguire.ca/?p=162052 Continue reading How to Avoid Bad Real Estate Deals]]> 1598 162052Barry C. McGuire Podcast Episode 119: “A Deal That Went Bad and the Lessons Learned.” This edition of the Tales from the Trenches podcast features special guest Arden Dalik, a senior advisor in the Calgary office of Global Governance Advisors. Her Tale concerns a real estate investment project in Alberta presented to the REIN Group by a REIN … Continue reading How to Avoid Bad Real Estate Deals info@barrymcguire.ca (Barry McGuire)noPodcast Episode 119: “A Deal That Went Bad and the Lessons Learned.” This edition of the Tales from the Trenches podcast features special guest Arden Dalik, a senior advisor in the Calgary office of Global Governance Advisors. Her Tale concerns a real estate investment project in Alberta presented to the REIN Group by a REIN … Continue reading How to Avoid Bad Real Estate DealsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Get to Know the Real Estate Purchase Contract in Alberta https://barrymcguire.ca/2018/05/30/real-estate-purchase-contract-alberta/ Wed, 30 May 2018 19:00:04 +0000 https://barrymcguire.ca/?p=161724 Continue reading Get to Know the Real Estate Purchase Contract in Alberta]]> 2230 161724Barry C. McGuire Podcast Episode 118: “Big Changes To The Standard AREA Contract.” September 2016 (with mild tweaks in July of 2017) brought numerous and meaningful changes to the existing 2014 residential purchase documentation approved by the Alberta Real Estate Association (AREA). These changes affected both the Residential Purchase Contract used for all homes and houses and the … Continue reading Get to Know the Real Estate Purchase Contract in Alberta info@barrymcguire.ca (Barry McGuire)noPodcast Episode 118: “Big Changes To The Standard AREA Contract.” September 2016 (with mild tweaks in July of 2017) brought numerous and meaningful changes to the existing 2014 residential purchase documentation approved by the Alberta Real Estate Association (AREA). These changes affected both the Residential Purchase Contract used for all homes and houses and the … Continue reading Get to Know the Real Estate Purchase Contract in AlbertaBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Inheriting Property Isn’t as Simple as it Seems https://barrymcguire.ca/2018/05/22/inheriting-property-isnt-simple/ Tue, 22 May 2018 20:00:37 +0000 https://barrymcguire.ca/?p=161673 560 161673Barry C. McGuire Podcast Episode 117. Real estate can cause all kinds of problems when a family member passes away. This Tale is about what happened when someone inherited a piece of property and almost went into foreclosure with it. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 117. Real estate can cause all kinds of problems when a family member passes away. This Tale is about what happened when someone inherited a piece of property and almost went into foreclosure with it.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Walk Away From a Real Estate Deal at Your Own Peril! https://barrymcguire.ca/2018/05/09/walk-away-real-estate-deal-peril/ Wed, 09 May 2018 13:00:30 +0000 https://barrymcguire.ca/?p=161609 273 161609Barry C. McGuire Podcast Episode 116. In August 2017, a buyer walked away from a real estate deal in BC and was sued by the seller when the house later sold for 28% less. Not only did the buyer lose his deposit, he was also on the hook for the difference in the sale price! Furthermore, the buyer was responsible for associated costs to the seller, adding to his loss. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 116. In August 2017, a buyer walked away from a real estate deal in BC and was sued by the seller when the house later sold for 28% less. Not only did the buyer lose his deposit, he was also on the hook for the difference in the sale price! Furthermore, the buyer was responsible for associated costs to the seller, adding to his loss.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Avoid Jail-time and Make Money: Assigning Offers to Purchase Real Estate in Canada https://barrymcguire.ca/2018/04/29/flipping-properties-jail-podcast/ Sun, 29 Apr 2018 20:52:48 +0000 https://barrymcguire.ca/?p=161576 757 161576Barry C. McGuire Podcast Episode 115. In a hot real estate market, flipping properties by assigning your interest in the purchase can be lucrative. Just make sure to do it legally because the CRA is cracking down on so-called "shadow flipping" and undeclared income! info@barrymcguire.ca (Barry McGuire)noPodcast Episode 115. In a hot real estate market, flipping properties by assigning your interest in the purchase can be lucrative. Just make sure to do it legally because the CRA is cracking down on so-called "shadow flipping" and undeclared income!Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Investing with Those Closest to Us Is Fraught with Peril https://barrymcguire.ca/2018/02/20/investing-friends-family-peril/ Tue, 20 Feb 2018 20:22:27 +0000 https://barrymcguire.ca/?p=161274 210 161274Barry C. McGuire Podcast Episode 114. When real estate deals with friends and family go bad, you almost never recover your position. Because, what are you going to do, sue your friend or your brother? It’s often very easy to get into deals with friends and family because you know and trust each other. Actually, with friends and family, you have to do more diligence than you would with third parties just to ensure you are doing enough! info@barrymcguire.ca (Barry McGuire)noPodcast Episode 114. When real estate deals with friends and family go bad, you almost never recover your position. Because, what are you going to do, sue your friend or your brother? It’s often very easy to get into deals with friends and family because you know and trust each other. Actually, with friends and family, you have to do more diligence than you would with third parties just to ensure you are doing enough!Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Flipping Properties is Risky. Here’s Why! https://barrymcguire.ca/2018/02/13/flipping-properties-risk/ Tue, 13 Feb 2018 18:52:21 +0000 https://barrymcguire.ca/?p=161251 196 161251Barry C. McGuire Podcast Episode 113. "Flipping" is when an investor gets control of a property by signing a purchase contract, but rapidly sells it to someone else for a profit. It is risky business, which a client of mine discovered the hard way... info@barrymcguire.ca (Barry McGuire)noPodcast Episode 113. "Flipping" is when an investor gets control of a property by signing a purchase contract, but rapidly sells it to someone else for a profit. It is risky business, which a client of mine discovered the hard way...Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing If Disaster Strikes, Will Your Property Insurance Coverage be Enough? https://barrymcguire.ca/2018/02/06/disaster-property-insurance-coverage/ Tue, 06 Feb 2018 19:18:26 +0000 https://barrymcguire.ca/?p=161226 177 161226Barry C. McGuire Podcast Episode 112. Insurance adjusters are hired by insurance companies to make sure that any claim is covered by the claimant’s insurance policy. The reality is that the most successful insurance adjusters are those who produce the best results for their clients, the insurance companies. By best results, I mean the smallest dollar claims. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 112. Insurance adjusters are hired by insurance companies to make sure that any claim is covered by the claimant’s insurance policy. The reality is that the most successful insurance adjusters are those who produce the best results for their clients, the insurance companies. By best results, I mean the smallest dollar claims.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Don’t Lose Time and Money from Outdated Real Estate Documents! https://barrymcguire.ca/2018/01/30/keep-joint-venture-up-to-date/ Tue, 30 Jan 2018 20:00:12 +0000 https://barrymcguire.ca/?p=161206 255 161206Barry C. McGuire Podcast Episode 111. My entrepreneurial client had found a 30-unit apartment building in Alberta for a very decent price, organized 15 people to put up the money, and closed on the deal. He did get a decent Joint Venture Agreement signed by all parties and then started managing. Fast-forward to seven years later and it looks like it’s time to sell. Sadly, one of the investors passes away. The deceased investor’s estate is now not nearly as cooperative as the deceased investor had been... info@barrymcguire.ca (Barry McGuire)noPodcast Episode 111. My entrepreneurial client had found a 30-unit apartment building in Alberta for a very decent price, organized 15 people to put up the money, and closed on the deal. He did get a decent Joint Venture Agreement signed by all parties and then started managing. Fast-forward to seven years later and it looks like it’s time to sell. Sadly, one of the investors passes away. The deceased investor’s estate is now not nearly as cooperative as the deceased investor had been...Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing What to Do When Seller Doesn’t Have Leases for Tenants https://barrymcguire.ca/2018/01/15/seller-doesnt-have-leases-for-tenants/ Mon, 15 Jan 2018 17:13:56 +0000 https://barrymcguire.ca/?p=161161 172 161161Barry C. McGuire Podcast Episode 110: One of the seller’s classic mistakes was to take any tenant who came along. If the proposed tenant could pay the first month’s rent and the security deposit, then the seller would rent to him. He didn’t even have an application form. That lack of training and lack of paperwork led to my client’s issue. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 110: One of the seller’s classic mistakes was to take any tenant who came along. If the proposed tenant could pay the first month’s rent and the security deposit, then the seller would rent to him. He didn’t even have an application form. That lack of training and lack of paperwork led to my client’s issue.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Creative Investing with Foreclosures: Appearing in Court and Taking Notes. https://barrymcguire.ca/2017/10/23/investing-foreclosures-court-notes/ Mon, 23 Oct 2017 16:30:28 +0000 https://barrymcguire.ca/?p=160715 244 160715Barry C. McGuire Podcast Episode 109. This Tale is about taking good notes when you appear in court as the buyer of real estate in foreclosure. My client was a creative kind of guy and he found a property in Alberta where the mortgage payments weren’t being made. The seller was still living in the home but trying to sell and get out from under the foreclosure. After some conversation, my client put together a creative deal that the seller and the seller's lawyer both liked. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 109. This Tale is about taking good notes when you appear in court as the buyer of real estate in foreclosure. My client was a creative kind of guy and he found a property in Alberta where the mortgage payments weren’t being made. The seller was still living in the home but trying to sell and get out from under the foreclosure. After some conversation, my client put together a creative deal that the seller and the seller's lawyer both liked.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Is Your RRSP Mortgage Legal? https://barrymcguire.ca/2017/10/15/rrsp-mortgage-legal/ Sun, 15 Oct 2017 09:24:49 +0000 https://barrymcguire.ca/?p=160683 319 160683Barry C. McGuire Podcast Episode 108. In this post we are going to focus on the commercially reasonable requirement for RRSP mortgages in Canada. If the CRA decides to audit your RRSP, will you be onside or offside their rules? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 108. In this post we are going to focus on the commercially reasonable requirement for RRSP mortgages in Canada. If the CRA decides to audit your RRSP, will you be onside or offside their rules?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Lose a Deposit: Unmet Conditions Can Sink a Real Estate Deal https://barrymcguire.ca/2017/10/08/lose-deposit-unmet-conditions-real-estate-deal/ Sun, 08 Oct 2017 18:52:42 +0000 https://barrymcguire.ca/?p=160642 179 160642Barry C. McGuire Podcast Episode 107. The notion of doing or accomplishing your own Due Diligence is what allows you to make a buying decision. Will you buy or not buy? In this Tale, a deal falls through because of a lack of diligence regarding financing conditions. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 107. The notion of doing or accomplishing your own Due Diligence is what allows you to make a buying decision. Will you buy or not buy? In this Tale, a deal falls through because of a lack of diligence regarding financing conditions.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Secondary Suites and Real Property Reports in Alberta https://barrymcguire.ca/2017/10/01/secondary-suites-real-property-reports-in-alberta/ Sun, 01 Oct 2017 19:38:33 +0000 https://barrymcguire.ca/?p=160598 194 160598Barry C. McGuire Podcast Episode 106. Are you looking to buy a property with a secondary suite? Ideally, you want to buy properties with legal secondary suites. But guess what? A Real Property Report doesn't prove a suite's legality in Alberta. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 106. Are you looking to buy a property with a secondary suite? Ideally, you want to buy properties with legal secondary suites. But guess what? A Real Property Report doesn't prove a suite's legality in Alberta.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Wills, Estates, and Selling Property https://barrymcguire.ca/2017/08/29/wills-estates-selling-property/ Tue, 29 Aug 2017 18:47:45 +0000 http://barrymcguire.ca/?p=160427 487 160427Barry C. McGuire Podcast Episode 105. For a quick review, probate is the process whereby an executor of a Will, usually through a lawyer, makes application to the Probate Court here in Alberta for what is known as a Grant of Probate. The application process involves the executor gathering in all the assets of the deceased, figuring out whether the deceased owed any money, filling out the paperwork, and then waiting for a response from the Probate Court. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 105. For a quick review, probate is the process whereby an executor of a Will, usually through a lawyer, makes application to the Probate Court here in Alberta for what is known as a Grant of Probate. The application process involves the executor gathering in all the assets of the deceased, figuring out whether the deceased owed any money, filling out the paperwork, and then waiting for a response from the Probate Court.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Guarantees, Title Insurance, and New Legal Precedent in Canada https://barrymcguire.ca/2017/08/22/gurantees-title-insurance-precedent-canada/ Tue, 22 Aug 2017 21:41:26 +0000 http://barrymcguire.ca/?p=160411 Continue reading Guarantees, Title Insurance, and New Legal Precedent in Canada]]> 745 160411Barry C. McGuire Podcast Episode 104: “Sellers, Are You Guaranteeing Title?” Wow, a recent bombshell of a legal case from the Ontario Court of Appeal is causing huge ripples in the Canadian real estate world. In the Courts and in the world of precedent there is a pecking order. The Supreme Court of Canada is the highest court … Continue reading Guarantees, Title Insurance, and New Legal Precedent in Canada info@barrymcguire.ca (Barry McGuire)noPodcast Episode 104: “Sellers, Are You Guaranteeing Title?” Wow, a recent bombshell of a legal case from the Ontario Court of Appeal is causing huge ripples in the Canadian real estate world. In the Courts and in the world of precedent there is a pecking order. The Supreme Court of Canada is the highest court … Continue reading Guarantees, Title Insurance, and New Legal Precedent in CanadaBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Rare Investing Opportunities with Creative Real Estate Strategies https://barrymcguire.ca/2017/08/15/investing-opportunities-creative-real-estate/ Tue, 15 Aug 2017 19:02:30 +0000 http://barrymcguire.ca/?p=160371 Continue reading Rare Investing Opportunities with Creative Real Estate Strategies]]> 502 160371Barry C. McGuire Podcast Episode 103: “Unpredictable Seller Motivation And Agreement For Sale Magic.”   An investor recently showed up in my Edmonton law office with this absolutely marvellous Tale about a unique property seller in Alberta and the magic of having the right real estate investing strategy for the job. Download the audio file HERE. Download the … Continue reading Rare Investing Opportunities with Creative Real Estate Strategies info@barrymcguire.ca (Barry McGuire)noPodcast Episode 103: “Unpredictable Seller Motivation And Agreement For Sale Magic.”   An investor recently showed up in my Edmonton law office with this absolutely marvellous Tale about a unique property seller in Alberta and the magic of having the right real estate investing strategy for the job. Download the audio file HERE. Download the … Continue reading Rare Investing Opportunities with Creative Real Estate StrategiesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Struck Corporations, Land Titles, and Tax in Alberta https://barrymcguire.ca/2017/08/06/struck-corporations-land-titles-tax-alberta/ Sun, 06 Aug 2017 19:03:47 +0000 http://barrymcguire.ca/?p=160355 Continue reading Struck Corporations, Land Titles, and Tax in Alberta]]> 707 160355Barry C. McGuire Podcast Episode 102: “Corporate Matters Matter.” My law firm in Edmonton, Alberta is the corporate registered office for many corporations. We get lots of letters addressed to those corporations because that’s part of being registered office. Anyone who wants to send something official to a corporation can send it to the registered office. Those official … Continue reading Struck Corporations, Land Titles, and Tax in Alberta info@barrymcguire.ca (Barry McGuire)noPodcast Episode 102: “Corporate Matters Matter.” My law firm in Edmonton, Alberta is the corporate registered office for many corporations. We get lots of letters addressed to those corporations because that’s part of being registered office. Anyone who wants to send something official to a corporation can send it to the registered office. Those official … Continue reading Struck Corporations, Land Titles, and Tax in AlbertaBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Legal Suites and Airport Vicinity Protection Areas in Alberta https://barrymcguire.ca/2017/08/01/legal-suites-airport-vicinity-protection-areas-alberta/ Tue, 01 Aug 2017 16:51:35 +0000 http://barrymcguire.ca/?p=160335 437 160335Barry C. McGuire Podcast Episode 101. Houses with legal suites or houses zoned for legal suites are all the rage in Alberta. Easier to do in Edmonton, though. In Calgary, secondary suites are only allowed in certain areas. info@barrymcguire.ca (Barry McGuire)noPodcast Episode 101. Houses with legal suites or houses zoned for legal suites are all the rage in Alberta. Easier to do in Edmonton, though. In Calgary, secondary suites are only allowed in certain areas.Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Success with Buy and Hold Real Estate Investing https://barrymcguire.ca/2017/07/02/success-buy-hold-real-estate-investing/ Sun, 02 Jul 2017 16:03:55 +0000 http://barrymcguire.ca/?p=160251 Continue reading Success with Buy and Hold Real Estate Investing]]> 775 160251Barry C. McGuire Podcast Episode 100: “A Tale of Real Estate Investing Success.” I’ve been doing Tales from the Trenches for 15 years. These are amazing stories from real estate investors, mostly from Alberta, Canada because that’s where I practice law. Tales began as a segment during meetings of the Real Estate Investment Network (REIN), which I continue to … Continue reading Success with Buy and Hold Real Estate Investing info@barrymcguire.ca (Barry McGuire)noPodcast Episode 100: “A Tale of Real Estate Investing Success.” I’ve been doing Tales from the Trenches for 15 years. These are amazing stories from real estate investors, mostly from Alberta, Canada because that’s where I practice law. Tales began as a segment during meetings of the Real Estate Investment Network (REIN), which I continue to … Continue reading Success with Buy and Hold Real Estate InvestingBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Assuming Mortgages and Transfering Property to a Corporation https://barrymcguire.ca/2017/06/12/assuming-mortgages-transfering-property-corporation/ Mon, 12 Jun 2017 16:36:51 +0000 http://barrymcguire.ca/?p=160203 Continue reading Assuming Mortgages and Transfering Property to a Corporation]]> 365 160203Barry C. McGuire Podcast Episode 99: “Happy Assumptions & Corporate Rollovers.“ This episode of Tales from the Trenches contains two stories about transfers: one is about transferring mortgages and the other is about transferring property. In theory, many mortgages are assumable, but in practice lenders in Alberta (and elsewhere) have been tightening up on their regulations. Some lenders … Continue reading Assuming Mortgages and Transfering Property to a Corporation info@barrymcguire.ca (Barry McGuire)noPodcast Episode 99: “Happy Assumptions & Corporate Rollovers.“ This episode of Tales from the Trenches contains two stories about transfers: one is about transferring mortgages and the other is about transferring property. In theory, many mortgages are assumable, but in practice lenders in Alberta (and elsewhere) have been tightening up on their regulations. Some lenders … Continue reading Assuming Mortgages and Transfering Property to a CorporationBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Disappearing Tenants and Vanishing Buyers https://barrymcguire.ca/2017/05/04/disappearing-tenants-vanishing-buyers/ Thu, 04 May 2017 21:40:36 +0000 http://barrymcguire.ca/?p=160123 Continue reading Disappearing Tenants and Vanishing Buyers]]> 311 160123Barry C. McGuire Podcast Episode 98: “Don’t Wait, It Only Gets Worse; Discharge That Caveat.“ The first part of this Tale is about an Alberta landlord with tenant problems. The renter usually paid on-time, but then the rent started coming late. The tenant’s girlfriend left him, and when our landlord went to check on the property it appeared … Continue reading Disappearing Tenants and Vanishing Buyers info@barrymcguire.ca (Barry McGuire)noPodcast Episode 98: “Don’t Wait, It Only Gets Worse; Discharge That Caveat.“ The first part of this Tale is about an Alberta landlord with tenant problems. The renter usually paid on-time, but then the rent started coming late. The tenant’s girlfriend left him, and when our landlord went to check on the property it appeared … Continue reading Disappearing Tenants and Vanishing BuyersBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Avoid Mortgage Fraud https://barrymcguire.ca/2017/04/27/avoid-mortgage-fraud/ Thu, 27 Apr 2017 21:18:12 +0000 http://barrymcguire.ca/?p=160096 Continue reading How to Avoid Mortgage Fraud]]> 476 160096Barry C. McGuire Podcast Episode 97: “Mortgage Fraud.“ The simplest way to avoid committing mortgage fraud is to fully disclose everything about a deal to your lender. If they are satisfied, then you’re probably okay. But what happens if someone else is defrauding you? In Tales from the Trenches, you usually hear second-hand accounts of the trials, tribulations, … Continue reading How to Avoid Mortgage Fraud info@barrymcguire.ca (Barry McGuire)noPodcast Episode 97: “Mortgage Fraud.“ The simplest way to avoid committing mortgage fraud is to fully disclose everything about a deal to your lender. If they are satisfied, then you’re probably okay. But what happens if someone else is defrauding you? In Tales from the Trenches, you usually hear second-hand accounts of the trials, tribulations, … Continue reading How to Avoid Mortgage FraudBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Interest Rates on RRSP Mortgages https://barrymcguire.ca/2017/04/06/interest-rrsp-mortgages/ Thu, 06 Apr 2017 14:44:13 +0000 http://barrymcguire.ca/?p=160042 Continue reading Interest Rates on RRSP Mortgages]]> 214 160042Barry C. McGuire Podcast Episode 96: “RRSP Mortgages.“ In Canada, it is possible to use money held in a Registered Retirement Savings Plan (RRSP) to fund mortgages. While this strategy can yield a nice steady return on investment, there are rules in place that can make it a bit tricky to get into. One of those rules is … Continue reading Interest Rates on RRSP Mortgages info@barrymcguire.ca (Barry McGuire)noPodcast Episode 96: “RRSP Mortgages.“ In Canada, it is possible to use money held in a Registered Retirement Savings Plan (RRSP) to fund mortgages. While this strategy can yield a nice steady return on investment, there are rules in place that can make it a bit tricky to get into. One of those rules is … Continue reading Interest Rates on RRSP MortgagesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Due Diligence Fails https://barrymcguire.ca/2017/03/30/due-diligence-fails/ Thu, 30 Mar 2017 15:57:02 +0000 http://barrymcguire.ca/?p=160022 Continue reading Due Diligence Fails]]> 384 160022Barry C. McGuire Podcast Episode 95: “A Couple on Due Diligence“ I talk a lot about due diligence because it is one of the most important aspects of achieving success with real estate. This is a two-part Tale, showing a couple different examples of problems to look out for when doing one’s due diligence. The first example is … Continue reading Due Diligence Fails info@barrymcguire.ca (Barry McGuire)noPodcast Episode 95: “A Couple on Due Diligence“ I talk a lot about due diligence because it is one of the most important aspects of achieving success with real estate. This is a two-part Tale, showing a couple different examples of problems to look out for when doing one’s due diligence. The first example is … Continue reading Due Diligence FailsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Removing Conditions on Purchase Contract https://barrymcguire.ca/2017/03/01/removing-conditions-purchase-contract/ Wed, 01 Mar 2017 16:55:28 +0000 http://barrymcguire.ca/?p=159926 Continue reading Removing Conditions on Purchase Contract]]> 325 159926Barry C. McGuire Podcast Episode 94: “Removing Conditions—Should I or Shouldn’t I?“ Conditions on a real estate purchase contract should only be removed once the due diligence is complete. But what if the conditions are sort of met, but not completely? Should you still remove conditions if the property seems good, the numbers appear to work, and due … Continue reading Removing Conditions on Purchase Contract info@barrymcguire.ca (Barry McGuire)noPodcast Episode 94: “Removing Conditions—Should I or Shouldn’t I?“ Conditions on a real estate purchase contract should only be removed once the due diligence is complete. But what if the conditions are sort of met, but not completely? Should you still remove conditions if the property seems good, the numbers appear to work, and due … Continue reading Removing Conditions on Purchase ContractBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Property Inspections, Reports, and Permits https://barrymcguire.ca/2017/02/18/property-inspection-report-permit/ Sat, 18 Feb 2017 16:00:26 +0000 http://barrymcguire.ca/?p=159897 Continue reading Property Inspections, Reports, and Permits]]> 333 159897Barry C. McGuire Podcast Episode 93: “Inspection Reports & Multi-family Diligence.” Under Alberta’s Residential Tenancies Act, an inspection report must be made whenever a tenant moves into, or out of, a rental property.  But what happens if you buy a property and can’t get the in/out report? Similarly, building permits for multi-family dwellings specify their maximum number of … Continue reading Property Inspections, Reports, and Permits info@barrymcguire.ca (Barry McGuire)noPodcast Episode 93: “Inspection Reports & Multi-family Diligence.” Under Alberta’s Residential Tenancies Act, an inspection report must be made whenever a tenant moves into, or out of, a rental property.  But what happens if you buy a property and can’t get the in/out report? Similarly, building permits for multi-family dwellings specify their maximum number of … Continue reading Property Inspections, Reports, and PermitsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Joint Ventures, RRSP Mortgages, Due Diligence, & More! https://barrymcguire.ca/2017/02/02/joint-ventures-rrsp-mortgages-diligence/ Thu, 02 Feb 2017 17:38:18 +0000 http://investorlawyer.ca/?p=159867 Continue reading Joint Ventures, RRSP Mortgages, Due Diligence, & More!]]> 479 479 479 479 479 479 479 479 159867Barry C. McGuire Podcast Episode 92: “A Few Quick Tales.” Here’s some great stories about people buying and selling real estate in Alberta. These five quick Tales from the Trenches are short, but they show a wide range of different issues, problems, and successes. In a joint venture, it’s always nice when a more experienced investor can help … Continue reading Joint Ventures, RRSP Mortgages, Due Diligence, & More! info@barrymcguire.ca (Barry McGuire)noPodcast Episode 92: “A Few Quick Tales.” Here’s some great stories about people buying and selling real estate in Alberta. These five quick Tales from the Trenches are short, but they show a wide range of different issues, problems, and successes. In a joint venture, it’s always nice when a more experienced investor can help … Continue reading Joint Ventures, RRSP Mortgages, Due Diligence, & More!Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Giving Keys to a Buyer and Fixed Cash Deals https://barrymcguire.ca/2017/01/26/giving-keys-and-fixed-cash-deals/ Thu, 26 Jan 2017 20:00:38 +0000 http://investorlawyer.ca/?p=159856 Continue reading Giving Keys to a Buyer and Fixed Cash Deals]]> 195 159856Barry C. McGuire Podcast Episode 91: “Keys & Cash.” Here are two quick Tales from the Trenches: 1) tips on keeping a property buyer motivated and 2) contract language to fix the cash portion of a real estate deal. Our first Tale shows one reason why a real estate deal can close late. Even when investors have good … Continue reading Giving Keys to a Buyer and Fixed Cash Deals info@barrymcguire.ca (Barry McGuire)noPodcast Episode 91: “Keys & Cash.” Here are two quick Tales from the Trenches: 1) tips on keeping a property buyer motivated and 2) contract language to fix the cash portion of a real estate deal. Our first Tale shows one reason why a real estate deal can close late. Even when investors have good … Continue reading Giving Keys to a Buyer and Fixed Cash DealsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing When to Remove Conditions on a Purchase Contract https://barrymcguire.ca/2017/01/13/remove-conditions-purchase-contract/ Fri, 13 Jan 2017 17:00:28 +0000 http://investorlawyer.ca/?p=159818 Continue reading When to Remove Conditions on a Purchase Contract]]> 264 264 264 264 264 264 264 264 159818Barry C. McGuire Podcast Episode 90: “Diligence Pays Off.” I’ve said it before and I’ll say it again: when you’re buying a property, never remove conditions on the purchase contract until you’ve done due diligence. A real estate lawyer like me can protect your interests and help you negotiate a better deal, but I can only work with … Continue reading When to Remove Conditions on a Purchase Contract info@barrymcguire.ca (Barry McGuire)noPodcast Episode 90: “Diligence Pays Off.” I’ve said it before and I’ll say it again: when you’re buying a property, never remove conditions on the purchase contract until you’ve done due diligence. A real estate lawyer like me can protect your interests and help you negotiate a better deal, but I can only work with … Continue reading When to Remove Conditions on a Purchase ContractBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Transferring Property Without a Lawyer https://barrymcguire.ca/2016/12/21/land-transfer/ Wed, 21 Dec 2016 20:23:02 +0000 http://investorlawyer.ca/?p=159770 Continue reading Transferring Property Without a Lawyer]]> 224 224 159770Barry C. McGuire Podcast Episode 89: “Transfer of Land.” A Transfer of Land is a document that allows the Land Titles office to register a property in the name of a new owner. In rare circumstances, you might be able to get this done without seeing a lawyer. In this Tale, our investor got a Transfer of Land … Continue reading Transferring Property Without a Lawyer info@barrymcguire.ca (Barry McGuire)noPodcast Episode 89: “Transfer of Land.” A Transfer of Land is a document that allows the Land Titles office to register a property in the name of a new owner. In rare circumstances, you might be able to get this done without seeing a lawyer. In this Tale, our investor got a Transfer of Land … Continue reading Transferring Property Without a LawyerBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Tenant Running Illegal Business https://barrymcguire.ca/2016/12/16/tenant-illegal-business/ Fri, 16 Dec 2016 16:51:25 +0000 http://investorlawyer.ca/?p=159764 Continue reading Tenant Running Illegal Business]]> 135 135 135 135 135 135 135 135 135 159764Barry C. McGuire Podcast Episode 88: “I Ain’t No Ho!” As a landlord, you need to be proactive about what is happening with your tenants. Be concerned if you suspect that a renter may be running an illegal business out of your property! This Tale is short and sweet because our investor took action as soon as they … Continue reading Tenant Running Illegal Business info@barrymcguire.ca (Barry McGuire)noPodcast Episode 88: “I Ain’t No Ho!” As a landlord, you need to be proactive about what is happening with your tenants. Be concerned if you suspect that a renter may be running an illegal business out of your property! This Tale is short and sweet because our investor took action as soon as they … Continue reading Tenant Running Illegal BusinessBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgage Penalties https://barrymcguire.ca/2016/12/07/mortgage-penalties/ Wed, 07 Dec 2016 18:00:32 +0000 http://investorlawyer.ca/?p=159727 Continue reading Mortgage Penalties]]> 257 159727Barry C. McGuire Podcast Episode 87: “Fun with Mortgage Payout Math.” Paying off a mortgage early can result in penalties. However, there are ways of minimizing the financial repercussions. In this Tale, Barry works through some mortgage math that could save you money. Download the audio file HERE. (control click or right click + save as) Buying and/or … Continue reading Mortgage Penalties info@barrymcguire.ca (Barry McGuire)noPodcast Episode 87: “Fun with Mortgage Payout Math.” Paying off a mortgage early can result in penalties. However, there are ways of minimizing the financial repercussions. In this Tale, Barry works through some mortgage math that could save you money. Download the audio file HERE. (control click or right click + save as) Buying and/or … Continue reading Mortgage PenaltiesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Personal Responsibility in Cooperative Investing https://barrymcguire.ca/2016/11/30/responsibility-joint-venture/ Wed, 30 Nov 2016 15:00:30 +0000 http://investorlawyer.ca/?p=159678 Continue reading Personal Responsibility in Cooperative Investing]]> 308 159678Barry C. McGuire Podcast Episode 86: “Joint Venture Blues.” Partnering up can be a good way to buy more property, but you still have to be careful. As with everything in real estate, due diligence is essential in joint ventures. In this Tale, you’ll hear about the all-too-common mistake of not getting an inspection. You’ll also hear about … Continue reading Personal Responsibility in Cooperative Investing info@barrymcguire.ca (Barry McGuire)noPodcast Episode 86: “Joint Venture Blues.” Partnering up can be a good way to buy more property, but you still have to be careful. As with everything in real estate, due diligence is essential in joint ventures. In this Tale, you’ll hear about the all-too-common mistake of not getting an inspection. You’ll also hear about … Continue reading Personal Responsibility in Cooperative InvestingBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Getting Payments through a Trustee https://barrymcguire.ca/2016/11/23/trustee-payments/ Wed, 23 Nov 2016 17:30:53 +0000 http://investorlawyer.ca/?p=159628 Continue reading Getting Payments through a Trustee]]> 393 159628Barry C. McGuire Podcast Episode 85: “Hurry Up and Wait.” When dealing with trustees or lenders, there are many things that can delay a transaction. The type of payment can trigger a processing hold, the shipping method can be slow or unreliable, and sometimes clerks just overlook things. If you need a certain result, in a specific amount … Continue reading Getting Payments through a Trustee info@barrymcguire.ca (Barry McGuire)noPodcast Episode 85: “Hurry Up and Wait.” When dealing with trustees or lenders, there are many things that can delay a transaction. The type of payment can trigger a processing hold, the shipping method can be slow or unreliable, and sometimes clerks just overlook things. If you need a certain result, in a specific amount … Continue reading Getting Payments through a TrusteeBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Advantages of Investing in Property https://barrymcguire.ca/2016/10/04/advantages-investing-property/ Tue, 04 Oct 2016 17:00:11 +0000 http://investorlawyer.ca/?p=159315 Continue reading Advantages of Investing in Property]]> 553 159315Barry C. McGuire Podcast Episode 84: “Why the Ultra-Rich Like Real Estate.” Investing has its ups and downs. Real estate has some definite advantages in smoothing out the bumps. Ultra-rich people usually have some properties in their investment portfolios in order balance out the volatilities of stocks. Even if you’re not wealthy (yet!), the same advantages sought by … Continue reading Advantages of Investing in Property info@barrymcguire.ca (Barry McGuire)noPodcast Episode 84: “Why the Ultra-Rich Like Real Estate.” Investing has its ups and downs. Real estate has some definite advantages in smoothing out the bumps. Ultra-rich people usually have some properties in their investment portfolios in order balance out the volatilities of stocks. Even if you’re not wealthy (yet!), the same advantages sought by … Continue reading Advantages of Investing in PropertyBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Lead Pipes in Older Homes https://barrymcguire.ca/2016/09/28/lead-pipes-older-homes/ Wed, 28 Sep 2016 15:00:06 +0000 http://investorlawyer.ca/?p=159313 Continue reading Lead Pipes in Older Homes]]> 490 159313Barry C. McGuire Podcast Episode 83: “Lead Isn’t Dead.” Lead pipes are a very real risk with older houses; it’s a toxic metal and can make the water unsafe to drink. In this Tale, my client was given notice by her water utility provider that her rental property might have lead pipes. She took lengths to protect her … Continue reading Lead Pipes in Older Homes info@barrymcguire.ca (Barry McGuire)noPodcast Episode 83: “Lead Isn’t Dead.” Lead pipes are a very real risk with older houses; it’s a toxic metal and can make the water unsafe to drink. In this Tale, my client was given notice by her water utility provider that her rental property might have lead pipes. She took lengths to protect her … Continue reading Lead Pipes in Older HomesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing When to Walk Away from a Real Estate Deal https://barrymcguire.ca/2016/09/01/walk-away-from-deal/ Thu, 01 Sep 2016 18:20:30 +0000 http://investorlawyer.ca/?p=159297 Continue reading When to Walk Away from a Real Estate Deal]]> 1016 1016 1016 1016 1016 159297Barry C. McGuire Podcast Episode 82: “Diligence Time Bombs And Letters Of Intent.” When trying out a new real estate investment strategy, it’s important to know when to walk away. In this Tale, an attendee of one of my creative investing workshops was ready to try an Agreement for Sale, and contacted me for help with a Letter … Continue reading When to Walk Away from a Real Estate Deal info@barrymcguire.ca (Barry McGuire)noPodcast Episode 82: “Diligence Time Bombs And Letters Of Intent.” When trying out a new real estate investment strategy, it’s important to know when to walk away. In this Tale, an attendee of one of my creative investing workshops was ready to try an Agreement for Sale, and contacted me for help with a Letter … Continue reading When to Walk Away from a Real Estate DealBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Buying Property Without a Bank https://barrymcguire.ca/2016/07/21/buying-property-without-bank/ Thu, 21 Jul 2016 16:20:25 +0000 http://investorlawyer.ca/?p=159207 Continue reading Buying Property Without a Bank]]> 759 759 759 759 759 759 159207Barry C. McGuire Podcast Episode 81: “Agreements for Sale 2.” I introduced Agreements for Sale (AFS) in a previous blog post and podcast, and now it’s time to review with a bunch more examples. In essence, AFS is a type of seller financing and is sometimes called a bond for title or contract for deed. The seller retains … Continue reading Buying Property Without a Bank info@barrymcguire.ca (Barry McGuire)noPodcast Episode 81: “Agreements for Sale 2.” I introduced Agreements for Sale (AFS) in a previous blog post and podcast, and now it’s time to review with a bunch more examples. In essence, AFS is a type of seller financing and is sometimes called a bond for title or contract for deed. The seller retains … Continue reading Buying Property Without a BankBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing What is Rent-to-Own? https://barrymcguire.ca/2016/07/14/what-is-rent-to-own/ Thu, 14 Jul 2016 16:02:11 +0000 http://investorlawyer.ca/?p=159198 Continue reading What is Rent-to-Own?]]> 432 159198Barry C. McGuire Podcast Episode 80: “Rent-to-Own.” Rent-to-Own (abbreviated as RTO and often interchangeably called a Lease-Option) is a two-part strategy. You start with a lease (the ‘Rent’ part) and add an option to purchase (the ‘Own’ part). In a Rent-to-Own scenario, the renter is, for some reason, unable to finance at the moment. Examples of financing problems … Continue reading What is Rent-to-Own? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 80: “Rent-to-Own.” Rent-to-Own (abbreviated as RTO and often interchangeably called a Lease-Option) is a two-part strategy. You start with a lease (the ‘Rent’ part) and add an option to purchase (the ‘Own’ part). In a Rent-to-Own scenario, the renter is, for some reason, unable to finance at the moment. Examples of financing problems … Continue reading What is Rent-to-Own?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Creative Investing https://barrymcguire.ca/2016/07/08/creative-investing/ Fri, 08 Jul 2016 22:31:47 +0000 http://investorlawyer.ca/?p=159187 Continue reading Creative Investing]]> 164 159187Barry C. McGuire Podcast Episode 79: “Creative Real Estate Strategies.” What is Creative Real Estate Investing? It is a method for making money with real estate that uses strategies like Rent-to-Own, Agreements for Sale, and Wholesaling, among others. This is an area not too many people know about, but it offers some tremendous opportunities. One of the things … Continue reading Creative Investing info@barrymcguire.ca (Barry McGuire)noPodcast Episode 79: “Creative Real Estate Strategies.” What is Creative Real Estate Investing? It is a method for making money with real estate that uses strategies like Rent-to-Own, Agreements for Sale, and Wholesaling, among others. This is an area not too many people know about, but it offers some tremendous opportunities. One of the things … Continue reading Creative InvestingBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Assignments: Clever Investment Strategy or Malicious Shadow Flipping? https://barrymcguire.ca/2016/07/01/real-estate-contract-assignments/ Fri, 01 Jul 2016 16:00:00 +0000 http://investorlawyer.ca/?p=159177 Continue reading Assignments: Clever Investment Strategy or Malicious Shadow Flipping?]]> 1122 159177Barry C. McGuire Podcast Episode 78: “Contract Assignments.” The practice of selling one’s interest in a real estate purchase contract—a.k.a. an assignment—has been getting a lot of bad press in BC lately. In fact, the situation there may be changing thanks to government intervention. Contract assignments are a widely used and entirely legal procedure, but the laws governing … Continue reading Assignments: Clever Investment Strategy or Malicious Shadow Flipping? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 78: “Contract Assignments.” The practice of selling one’s interest in a real estate purchase contract—a.k.a. an assignment—has been getting a lot of bad press in BC lately. In fact, the situation there may be changing thanks to government intervention. Contract assignments are a widely used and entirely legal procedure, but the laws governing … Continue reading Assignments: Clever Investment Strategy or Malicious Shadow Flipping?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Title Insurance https://barrymcguire.ca/2016/06/23/title-insurance/ Thu, 23 Jun 2016 20:13:38 +0000 http://investorlawyer.ca/?p=159167 Continue reading Title Insurance]]> 338 338 338 338 338 159167Barry C. McGuire Podcast Episode 77: “Is Title Insurance Worth It?“ In Western Canada, title insurance was created to cover problems with real property reports, but did you know that it also covers many other issues? In this Tale, we have a case where the lender got title insurance, but the buyer/homeowner did not. When there was a … Continue reading Title Insurance info@barrymcguire.ca (Barry McGuire)noPodcast Episode 77: “Is Title Insurance Worth It?“ In Western Canada, title insurance was created to cover problems with real property reports, but did you know that it also covers many other issues? In this Tale, we have a case where the lender got title insurance, but the buyer/homeowner did not. When there was a … Continue reading Title InsuranceBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Asset Planning & Protection https://barrymcguire.ca/2016/06/17/asset-planning-protection/ Fri, 17 Jun 2016 19:29:43 +0000 http://investorlawyer.ca/?p=159157 Continue reading Asset Planning & Protection]]> 1319 1319 1319 1319 1319 1319 1319 1319 159157Barry C. McGuire Podcast Episode 76: “The Power of Trust.“ I’ve got a real bee in my bonnet about Asset Planning & Protection (APP). I have done Focus Workshops all about Legacy Planning, Asset/Corporate Structure, Insurance, and Tax Planning, but now it’s time to bring this focus back to my blog and podcast. It’s hugely important for all … Continue reading Asset Planning & Protection info@barrymcguire.ca (Barry McGuire)noPodcast Episode 76: “The Power of Trust.“ I’ve got a real bee in my bonnet about Asset Planning & Protection (APP). I have done Focus Workshops all about Legacy Planning, Asset/Corporate Structure, Insurance, and Tax Planning, but now it’s time to bring this focus back to my blog and podcast. It’s hugely important for all … Continue reading Asset Planning & ProtectionBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing What to Do About Foreclosure https://barrymcguire.ca/2016/06/07/foreclosure/ Tue, 07 Jun 2016 16:03:57 +0000 http://investorlawyer.ca/?p=159120 Continue reading What to Do About Foreclosure]]> 1604 1604 1604 1604 1604 1604 1604 1604 159120Barry C. McGuire Podcast Episode 75: “Help, I Can’t Make My Mortgage Payments!” To mark the 75th episode of Tales from the Trenches, we have a Special Extended Edition all about foreclosures. This Tale is so packed full of helpful information that it had to be nearly half an hour long! The recent economic downturn in Alberta triggered … Continue reading What to Do About Foreclosure info@barrymcguire.ca (Barry McGuire)noPodcast Episode 75: “Help, I Can’t Make My Mortgage Payments!” To mark the 75th episode of Tales from the Trenches, we have a Special Extended Edition all about foreclosures. This Tale is so packed full of helpful information that it had to be nearly half an hour long! The recent economic downturn in Alberta triggered … Continue reading What to Do About ForeclosureBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Financing Conditions https://barrymcguire.ca/2016/06/01/financing-conditions/ Wed, 01 Jun 2016 16:00:36 +0000 http://investorlawyer.ca/?p=159103 Continue reading Financing Conditions]]> 491 159103Barry C. McGuire Podcast Episode 74: “Unconditional Mortgage Commitment: Are You Sure?” Sometimes a “sure thing” can come apart at the last minute. In this Tale, we have a buyer who found her dream home and was all ready to purchase. Or so she thought! Unfortunately, an inspection revealed major problems with the foundation. She was able to … Continue reading Financing Conditions info@barrymcguire.ca (Barry McGuire)noPodcast Episode 74: “Unconditional Mortgage Commitment: Are You Sure?” Sometimes a “sure thing” can come apart at the last minute. In this Tale, we have a buyer who found her dream home and was all ready to purchase. Or so she thought! Unfortunately, an inspection revealed major problems with the foundation. She was able to … Continue reading Financing ConditionsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Do You Need a Land Survey to Sell a Property? https://barrymcguire.ca/2016/05/26/land-survey-sell-property/ Thu, 26 May 2016 21:52:05 +0000 http://investorlawyer.ca/?p=159097 Continue reading Do You Need a Land Survey to Sell a Property?]]> 536 159097Barry C. McGuire Podcast Episode 73: “Real Property Reports and Sellers.” Did you know that a land survey certificate of building locations on a property is no longer valid if there have been improvements like a deck or a garage? In the Canadian province of Alberta, an up-to-date Real Property Report (RPR) is a requirement built into the … Continue reading Do You Need a Land Survey to Sell a Property? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 73: “Real Property Reports and Sellers.” Did you know that a land survey certificate of building locations on a property is no longer valid if there have been improvements like a deck or a garage? In the Canadian province of Alberta, an up-to-date Real Property Report (RPR) is a requirement built into the … Continue reading Do You Need a Land Survey to Sell a Property?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to be a Legal Landlord https://barrymcguire.ca/2016/05/11/legal-landlord/ Wed, 11 May 2016 16:07:27 +0000 http://investorlawyer.ca/?p=159068 Continue reading How to be a Legal Landlord]]> 1098 1098 1098 1098 1098 1098 1098 1098 159068Barry C. McGuire Podcast Episode 72: “The Basics—The Legal Side of Landlording.” In my 40-plus years of experience as a lawyer, I have observed many common situations that real estate investors have the same questions about. My answer is: it’s all about The Basics. One of those questions is how to be a landlord. As an attorney, I … Continue reading How to be a Legal Landlord info@barrymcguire.ca (Barry McGuire)noPodcast Episode 72: “The Basics—The Legal Side of Landlording.” In my 40-plus years of experience as a lawyer, I have observed many common situations that real estate investors have the same questions about. My answer is: it’s all about The Basics. One of those questions is how to be a landlord. As an attorney, I … Continue reading How to be a Legal LandlordBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Defend Against Dishonesty https://barrymcguire.ca/2016/05/05/defend-against-dishonesty/ Thu, 05 May 2016 17:51:49 +0000 http://investorlawyer.ca/?p=159051 Continue reading How to Defend Against Dishonesty]]> 562 562 562 159051Barry C. McGuire Podcast Episode 71: “Some People Aren’t Honest.” It’s sad to say, but there are dishonest people out there. Some real estate buyers, sellers, lawyers, and realtors will try to pull the wool over your eyes. A classic trick unscrupulous people use is to slip a clause into a document or take one out without you … Continue reading How to Defend Against Dishonesty info@barrymcguire.ca (Barry McGuire)noPodcast Episode 71: “Some People Aren’t Honest.” It’s sad to say, but there are dishonest people out there. Some real estate buyers, sellers, lawyers, and realtors will try to pull the wool over your eyes. A classic trick unscrupulous people use is to slip a clause into a document or take one out without you … Continue reading How to Defend Against DishonestyBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Real Estate Investing in Small Towns https://barrymcguire.ca/2016/04/26/real-estate-investing-small-towns/ Tue, 26 Apr 2016 17:31:17 +0000 http://investorlawyer.ca/?p=159047 Continue reading Real Estate Investing in Small Towns]]> 507 507 507 507 507 507 507 507 159047Barry C. McGuire Podcast Episode 70: “Small Town Advantage.” Smaller municipalities can be an ideal place to invest in real estate. This is particularly true if you focus on an area where there might be many opportunities and little competition. Prices are often lower in small towns, and even medium-sized cities can provide an advantage over big metropolises … Continue reading Real Estate Investing in Small Towns info@barrymcguire.ca (Barry McGuire)noPodcast Episode 70: “Small Town Advantage.” Smaller municipalities can be an ideal place to invest in real estate. This is particularly true if you focus on an area where there might be many opportunities and little competition. Prices are often lower in small towns, and even medium-sized cities can provide an advantage over big metropolises … Continue reading Real Estate Investing in Small TownsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing I Don’t Really Need a Lawyer, Do I? https://barrymcguire.ca/2016/04/20/i-dont-really-need-a-lawyer-do-i/ Wed, 20 Apr 2016 22:42:27 +0000 http://investorlawyer.ca/?p=159036 Continue reading I Don’t Really Need a Lawyer, Do I?]]> 290 290 290 290 290 290 290 290 159036Barry C. McGuire Podcast Episode 69: “Lawyer? I Don’t Need No Stinking Lawyer!” Experienced investors sometimes do real estate deals without the help of a lawyer. But even knowledgeable people can miss things that a professional wouldn’t! In this Tale, we have a seasoned investor who acted for himself when he bought a property, but got help from … Continue reading I Don’t Really Need a Lawyer, Do I? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 69: “Lawyer? I Don’t Need No Stinking Lawyer!” Experienced investors sometimes do real estate deals without the help of a lawyer. But even knowledgeable people can miss things that a professional wouldn’t! In this Tale, we have a seasoned investor who acted for himself when he bought a property, but got help from … Continue reading I Don’t Really Need a Lawyer, Do I?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Worst Case Condo Investment https://barrymcguire.ca/2016/04/13/worst-case-condo-investment/ Wed, 13 Apr 2016 22:33:48 +0000 http://investorlawyer.ca/?p=159034 Continue reading Worst Case Condo Investment]]> 738 738 738 738 738 738 738 159034Barry C. McGuire Podcast Episode 68: “Disaster at Penhorwood: Update.” In a previous Tale, we reviewed the calamitous and stomach turning events at the Penhorwood Condominium complex in Fort McMurray, Alberta. Our review looked at events occurring in 2011, but in 2014 things really came to a head. I thought this was serious enough to reprint some our … Continue reading Worst Case Condo Investment info@barrymcguire.ca (Barry McGuire)noPodcast Episode 68: “Disaster at Penhorwood: Update.” In a previous Tale, we reviewed the calamitous and stomach turning events at the Penhorwood Condominium complex in Fort McMurray, Alberta. Our review looked at events occurring in 2011, but in 2014 things really came to a head. I thought this was serious enough to reprint some our … Continue reading Worst Case Condo InvestmentBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Rent-to-Own aka Lease-Options https://barrymcguire.ca/2016/04/06/lease-options/ Wed, 06 Apr 2016 17:06:33 +0000 http://investorlawyer.ca/?p=158998 Continue reading Rent-to-Own aka Lease-Options]]> 502 502 158998Barry C. McGuire Podcast Episode 67: “Coaching Successful Lease-Options.” When a qualified tenant wants to be a homeowner, but can’t get a mortgage, investors can offer him or her a lease-option. This creative investment strategy is also known as rent-to-own. The trick is doing enough diligence on the tenant to make sure that they will be able to … Continue reading Rent-to-Own aka Lease-Options info@barrymcguire.ca (Barry McGuire)noPodcast Episode 67: “Coaching Successful Lease-Options.” When a qualified tenant wants to be a homeowner, but can’t get a mortgage, investors can offer him or her a lease-option. This creative investment strategy is also known as rent-to-own. The trick is doing enough diligence on the tenant to make sure that they will be able to … Continue reading Rent-to-Own aka Lease-OptionsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Agreements For Sale https://barrymcguire.ca/2016/03/30/agreements-for-sale/ Wed, 30 Mar 2016 16:45:32 +0000 http://investorlawyer.ca/?p=158988 Continue reading Agreements For Sale]]> 789 789 789 789 789 789 789 158988Barry C. McGuire Podcast Episode 66: “Creative Cash Takes Time And Effort.” The foundation of real estate investing is to buy and hold property. Sometimes, however, opportunities come along that require a different strategy. A highly motivated seller with a low/no equity property could be approached with an Agreement for Sale. This is both a creative real estate … Continue reading Agreements For Sale info@barrymcguire.ca (Barry McGuire)noPodcast Episode 66: “Creative Cash Takes Time And Effort.” The foundation of real estate investing is to buy and hold property. Sometimes, however, opportunities come along that require a different strategy. A highly motivated seller with a low/no equity property could be approached with an Agreement for Sale. This is both a creative real estate … Continue reading Agreements For SaleBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Do You Always Need Diligence? https://barrymcguire.ca/2016/03/22/diligence-friends-experts/ Tue, 22 Mar 2016 19:30:56 +0000 http://investorlawyer.ca/?p=158877 Continue reading Do You Always Need Diligence?]]> 405 405 405 405 405 405 405 405 158877Barry C. McGuire Podcast Episode 65: “Diligence with Friends and Experts.” It doesn’t matter who you are working with in a real estate deal, you still need to do your diligence. This means asking questions and reading the documents—even if dealing with a friend. Don’t assume an expert is infallible either; professionals can still be wrong or make … Continue reading Do You Always Need Diligence? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 65: “Diligence with Friends and Experts.” It doesn’t matter who you are working with in a real estate deal, you still need to do your diligence. This means asking questions and reading the documents—even if dealing with a friend. Don’t assume an expert is infallible either; professionals can still be wrong or make … Continue reading Do You Always Need Diligence?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Should I Become a Developer? https://barrymcguire.ca/2016/03/14/real-estate-development/ Mon, 14 Mar 2016 16:02:54 +0000 http://investorlawyer.ca/?p=158874 Continue reading Should I Become a Developer?]]> 779 779 779 158874Barry C. McGuire Podcast Episode 64: “Development Is a Senior Strategy.” Buying and holding single-family homes is a great strategy for anyone starting out in real estate investment. Many people eventually get into multifamily properties, which builds on the experience of basic buy-and-hold. Becoming a developer is a very different type of strategy and is much more difficult. … Continue reading Should I Become a Developer? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 64: “Development Is a Senior Strategy.” Buying and holding single-family homes is a great strategy for anyone starting out in real estate investment. Many people eventually get into multifamily properties, which builds on the experience of basic buy-and-hold. Becoming a developer is a very different type of strategy and is much more difficult. … Continue reading Should I Become a Developer?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Real Rules of Real Estate: RPRS & Realtors https://barrymcguire.ca/2016/03/08/real-estate-rules/ Tue, 08 Mar 2016 20:41:03 +0000 http://investorlawyer.ca/?p=158778 Continue reading Real Rules of Real Estate: RPRS & Realtors]]> 536 536 158778Barry C. McGuire Podcast Episode 63: “Real Property Reports and Realtors.” In this Tale, our investor was right to walk away, but they will probably lose their deposit. Avoid using the same realtor for both buyer and seller. Know the difference between a Real Property Report and Title Insurance. Make sure your team members are real estate investment … Continue reading Real Rules of Real Estate: RPRS & Realtors info@barrymcguire.ca (Barry McGuire)noPodcast Episode 63: “Real Property Reports and Realtors.” In this Tale, our investor was right to walk away, but they will probably lose their deposit. Avoid using the same realtor for both buyer and seller. Know the difference between a Real Property Report and Title Insurance. Make sure your team members are real estate investment … Continue reading Real Rules of Real Estate: RPRS & RealtorsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Get a Seller to Do Repairs https://barrymcguire.ca/2016/03/01/repair-credits-holdbacks/ Tue, 01 Mar 2016 21:18:42 +0000 http://investorlawyer.ca/?p=158772 Continue reading How to Get a Seller to Do Repairs]]> 684 684 684 684 684 684 684 684 158772Barry C. McGuire Podcast Episode 62: “Holdbacks or Drawbacks?” A holdback clause can help insure that the seller takes care of a property’s deficiencies before closing. The language of this item in your purchase contract needs to be very specific in order to be effective. Some lenders, however, don’t like cash backs, holdbacks, or credits. Download the audio … Continue reading How to Get a Seller to Do Repairs info@barrymcguire.ca (Barry McGuire)noPodcast Episode 62: “Holdbacks or Drawbacks?” A holdback clause can help insure that the seller takes care of a property’s deficiencies before closing. The language of this item in your purchase contract needs to be very specific in order to be effective. Some lenders, however, don’t like cash backs, holdbacks, or credits. Download the audio … Continue reading How to Get a Seller to Do RepairsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Say No to Condos Less than 8 Units https://barrymcguire.ca/2016/02/24/small-condos/ Wed, 24 Feb 2016 17:00:58 +0000 http://investorlawyer.ca/?p=158761 Continue reading Say No to Condos Less than 8 Units]]> 355 355 355 355 355 355 355 355 158761Barry C. McGuire Podcast Episode 61: “New Homes And Subdivision.” Purchasing a new property before it is built is far more complex than buying an existing one. There are even more possible issues when subdividing and condominiumization are involved. Subdivision takes a long time and has many complicating factors. I don’t generally recommend small condos (i.e., less than … Continue reading Say No to Condos Less than 8 Units info@barrymcguire.ca (Barry McGuire)noPodcast Episode 61: “New Homes And Subdivision.” Purchasing a new property before it is built is far more complex than buying an existing one. There are even more possible issues when subdividing and condominiumization are involved. Subdivision takes a long time and has many complicating factors. I don’t generally recommend small condos (i.e., less than … Continue reading Say No to Condos Less than 8 UnitsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Rules for Getting Mortgages https://barrymcguire.ca/2016/02/17/rules-for-getting-mortgages/ Wed, 17 Feb 2016 16:30:57 +0000 http://investorlawyer.ca/?p=158759 Continue reading Rules for Getting Mortgages]]> 355 355 355 355 355 355 355 355 158759Barry C. McGuire Podcast Episode 60: “Timing and the Lender’s Sandbox.” When you want a mortgage, you need to play by the lender’s rules. Be sure to disclose the facts of your application or risk losing your funding. Timing is key, so leave yourself extra room after removal of final conditions. Download the audio file HERE and the … Continue reading Rules for Getting Mortgages info@barrymcguire.ca (Barry McGuire)noPodcast Episode 60: “Timing and the Lender’s Sandbox.” When you want a mortgage, you need to play by the lender’s rules. Be sure to disclose the facts of your application or risk losing your funding. Timing is key, so leave yourself extra room after removal of final conditions. Download the audio file HERE and the … Continue reading Rules for Getting MortgagesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Buying Long-distance Property https://barrymcguire.ca/2016/02/10/buying-long-distance-property/ Wed, 10 Feb 2016 16:08:47 +0000 http://investorlawyer.ca/?p=158755 Continue reading Buying Long-distance Property]]> 415 158755Barry C. McGuire Podcast Episode 59: “Travel and Tenants.” Managing properties when they are far from where someone lives can be tricky. Use this fact to help you find motivated sellers. Beware that pre-possession inspections require custom clauses and you can’t just kick existing tenants out if they are a problem. When finding replacement tenants, know the difference … Continue reading Buying Long-distance Property info@barrymcguire.ca (Barry McGuire)noPodcast Episode 59: “Travel and Tenants.” Managing properties when they are far from where someone lives can be tricky. Use this fact to help you find motivated sellers. Beware that pre-possession inspections require custom clauses and you can’t just kick existing tenants out if they are a problem. When finding replacement tenants, know the difference … Continue reading Buying Long-distance PropertyBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Multifamily Location Is Key https://barrymcguire.ca/2016/02/03/multifamily-location/ Wed, 03 Feb 2016 17:20:12 +0000 http://investorlawyer.ca/?p=158742 Continue reading Multifamily Location Is Key]]> 472 158742Barry C. McGuire Podcast Episode 58: “You Are Buying the Neighbourhood.” When buying a property, you are buying the neighbourhood and neighbourhoods are not homogenous. Do some diligence around schools opening or closing, new public transit soon or in the works, and rezoning. Check parking lots and dumpsters where you intend to buy; these will give you an … Continue reading Multifamily Location Is Key info@barrymcguire.ca (Barry McGuire)noPodcast Episode 58: “You Are Buying the Neighbourhood.” When buying a property, you are buying the neighbourhood and neighbourhoods are not homogenous. Do some diligence around schools opening or closing, new public transit soon or in the works, and rezoning. Check parking lots and dumpsters where you intend to buy; these will give you an … Continue reading Multifamily Location Is KeyBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Inspecting a Multifamily Property https://barrymcguire.ca/2016/01/25/inspecting-multifamily/ Mon, 25 Jan 2016 19:03:00 +0000 http://investorlawyer.ca/?p=158738 Continue reading Inspecting a Multifamily Property]]> 354 354 354 354 354 354 354 158738Barry C. McGuire Podcast Episode 57: “All the Suites Look Just Like this One.” When buying a multifamily building, inspect all the suites. Your vision of what is satisfactory and the vision of a seller anxious to sell are likely to be completely different. Failure to inspect meant substantial extra expense after closing for this investor. Download the … Continue reading Inspecting a Multifamily Property info@barrymcguire.ca (Barry McGuire)noPodcast Episode 57: “All the Suites Look Just Like this One.” When buying a multifamily building, inspect all the suites. Your vision of what is satisfactory and the vision of a seller anxious to sell are likely to be completely different. Failure to inspect meant substantial extra expense after closing for this investor. Download the … Continue reading Inspecting a Multifamily PropertyBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Multifamily – Mortgages and Unrented Suites https://barrymcguire.ca/2016/01/18/vacancies/ Mon, 18 Jan 2016 17:00:17 +0000 http://investorlawyer.ca/?p=158734 Continue reading Multifamily – Mortgages and Unrented Suites]]> 669 158734Barry C. McGuire Podcast Episode 56: “You’ve Got How Many Vacancies?” This is the story of one investor’s path from single-family dwellings to multifamily properties. Multifamily lenders fund mortgages based on rental revenue. On closing day, every vacancy reduces the amount of mortgage money. What does it mean when two vacancies turn into eighteen vacancies on closing date? … Continue reading Multifamily – Mortgages and Unrented Suites info@barrymcguire.ca (Barry McGuire)noPodcast Episode 56: “You’ve Got How Many Vacancies?” This is the story of one investor’s path from single-family dwellings to multifamily properties. Multifamily lenders fund mortgages based on rental revenue. On closing day, every vacancy reduces the amount of mortgage money. What does it mean when two vacancies turn into eighteen vacancies on closing date? … Continue reading Multifamily – Mortgages and Unrented SuitesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgage Delays https://barrymcguire.ca/2015/11/27/mortgage-delays/ Fri, 27 Nov 2015 22:20:47 +0000 http://investorlawyer.ca/?p=158693 Continue reading Mortgage Delays]]> 389 389 389 389 389 389 389 158693Barry C. McGuire Podcast Episode 55: “It Took How Long?” Many things can slow down a mortgage application. Two weeks is a minimum for your financing condition, but some sellers might not like it; getting pre-approved is a safer option. To avoid human error, make sure to read over your own mortgage documents carefully. Download the audio file … Continue reading Mortgage Delays info@barrymcguire.ca (Barry McGuire)noPodcast Episode 55: “It Took How Long?” Many things can slow down a mortgage application. Two weeks is a minimum for your financing condition, but some sellers might not like it; getting pre-approved is a safer option. To avoid human error, make sure to read over your own mortgage documents carefully. Download the audio file … Continue reading Mortgage DelaysBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Written Documents https://barrymcguire.ca/2015/11/23/written-documents/ Mon, 23 Nov 2015 17:07:50 +0000 http://investorlawyer.ca/?p=158690 Continue reading Written Documents]]> 378 158690Barry C. McGuire Podcast Episode 54: “Get it in Writing.” What happens when a real estate deal is delayed past the closing date? The seller can choose not to sell, but they still keep your deposit. Verbal agreements for things like extensions aren’t enough; you need signed documents or else people can change their minds. Download the audio … Continue reading Written Documents info@barrymcguire.ca (Barry McGuire)noPodcast Episode 54: “Get it in Writing.” What happens when a real estate deal is delayed past the closing date? The seller can choose not to sell, but they still keep your deposit. Verbal agreements for things like extensions aren’t enough; you need signed documents or else people can change their minds. Download the audio … Continue reading Written DocumentsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Is a Handshake Enough? https://barrymcguire.ca/2015/11/12/handshake-deal/ Thu, 12 Nov 2015 18:25:19 +0000 http://investorlawyer.ca/?p=158670 Continue reading Is a Handshake Enough?]]> 1086 1086 1086 1086 1086 1086 1086 158670Barry C. McGuire Podcast Episode 52: “Some Deals Have It All.“ When doing joint ventures with friends and family, you still need formal documentation. If problems arise, deal with them promptly or pay the price. Download the audio file HERE and the text/handout HERE. (control click or right click + save as).   A Tale of Greed and … Continue reading Is a Handshake Enough? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 52: “Some Deals Have It All.“ When doing joint ventures with friends and family, you still need formal documentation. If problems arise, deal with them promptly or pay the price. Download the audio file HERE and the text/handout HERE. (control click or right click + save as).   A Tale of Greed and … Continue reading Is a Handshake Enough?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How Long to Close a Real Estate Deal? https://barrymcguire.ca/2015/11/04/closing-deals/ Wed, 04 Nov 2015 20:48:34 +0000 http://investorlawyer.ca/?p=158664 Continue reading How Long to Close a Real Estate Deal?]]> 477 158664Barry C. McGuire Podcast Episode 51: “30 Days to Close Is Crazy.“ There are many things that can delay real estate transaction. 30 days is a minimum, but keep in mind that closing time should only begin after final conditions are removed. Download the audio file HERE and the text/handout HERE. (control click or right click + save … Continue reading How Long to Close a Real Estate Deal? info@barrymcguire.ca (Barry McGuire)noPodcast Episode 51: “30 Days to Close Is Crazy.“ There are many things that can delay real estate transaction. 30 days is a minimum, but keep in mind that closing time should only begin after final conditions are removed. Download the audio file HERE and the text/handout HERE. (control click or right click + save … Continue reading How Long to Close a Real Estate Deal?Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Caveats on Title https://barrymcguire.ca/2015/10/27/caveat-title/ Tue, 27 Oct 2015 19:27:45 +0000 http://investorlawyer.ca/?p=158660 Continue reading Caveats on Title]]> 606 606 606 606 606 606 606 158660Barry C. McGuire Podcast Episode 50: “Cornerstones Program.“ In Edmonton, AB, we have a program where homeowners can get a loan from the City to put in or fix up a secondary rental suite. The difficulty is that the City then puts a caveat on the title to ensure that their requirements are met. This can complicate selling, … Continue reading Caveats on Title info@barrymcguire.ca (Barry McGuire)noPodcast Episode 50: “Cornerstones Program.“ In Edmonton, AB, we have a program where homeowners can get a loan from the City to put in or fix up a secondary rental suite. The difficulty is that the City then puts a caveat on the title to ensure that their requirements are met. This can complicate selling, … Continue reading Caveats on TitleBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Inspection Issues https://barrymcguire.ca/2015/10/23/inspection-issues/ Fri, 23 Oct 2015 19:17:19 +0000 http://investorlawyer.ca/?p=158654 Continue reading Inspection Issues]]> 357 357 357 357 357 357 357 158654Barry C. McGuire Podcast Episode 49: “Nailing It Down.“ When an inspection reveals problems with a potential property, these need to be fully resolved—even when they seem like they might be OK. Before removing conditions from, make sure to nail down issues so that they are 100%. Close or sort of isn’t good enough! Download the audio file … Continue reading Inspection Issues info@barrymcguire.ca (Barry McGuire)noPodcast Episode 49: “Nailing It Down.“ When an inspection reveals problems with a potential property, these need to be fully resolved—even when they seem like they might be OK. Before removing conditions from, make sure to nail down issues so that they are 100%. Close or sort of isn’t good enough! Download the audio file … Continue reading Inspection IssuesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Plan B $$$ https://barrymcguire.ca/2015/10/19/plan-b/ Mon, 19 Oct 2015 19:11:15 +0000 http://investorlawyer.ca/?p=158645 Continue reading Plan B $$$]]> 591 591 591 591 591 591 591 158645Barry C. McGuire Podcast Episode 48: “Plan B.“ Money and financing are essential parts of any real estate transaction. Always make sure to have a backup in order to make sure that you can still close a deal… just in case your first choice for financing dissolves! Download the audio file HERE and the text/handout HERE. (control click … Continue reading Plan B $$$ info@barrymcguire.ca (Barry McGuire)noPodcast Episode 48: “Plan B.“ Money and financing are essential parts of any real estate transaction. Always make sure to have a backup in order to make sure that you can still close a deal… just in case your first choice for financing dissolves! Download the audio file HERE and the text/handout HERE. (control click … Continue reading Plan B $$$Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgage Madness https://barrymcguire.ca/2015/10/14/mortgage-madness/ Wed, 14 Oct 2015 19:04:56 +0000 http://investorlawyer.ca/?p=158643 Continue reading Mortgage Madness]]> 422 422 422 422 422 422 422 158643Barry C. McGuire Podcast Episode 47: “Lender Lessons.“ Let’s look at five different aspects of ensuring financial success for your real estate business. Banks like things plain and simple. You need to deal with conditions on a mortgage and names on the title before you can close. Make triple sure you are unconditional before removing ‘subject to’ from … Continue reading Mortgage Madness info@barrymcguire.ca (Barry McGuire)noPodcast Episode 47: “Lender Lessons.“ Let’s look at five different aspects of ensuring financial success for your real estate business. Banks like things plain and simple. You need to deal with conditions on a mortgage and names on the title before you can close. Make triple sure you are unconditional before removing ‘subject to’ from … Continue reading Mortgage MadnessBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Financing Facts https://barrymcguire.ca/2015/10/08/financing-facts/ Thu, 08 Oct 2015 18:54:48 +0000 http://investorlawyer.ca/?p=158638 Continue reading Financing Facts]]> 421 421 421 421 421 421 421 158638Barry C. McGuire Podcast Episode 46: “Current Realities.“ Lending policy changes, as does the interpretation of existing rules and regulations. Make sure you stay on top of the current situation with your lender, the government, and market conditions. Download the audio file HERE and the text/handout HERE. (control click or right click + save as). Financing Facts: Current … Continue reading Financing Facts info@barrymcguire.ca (Barry McGuire)noPodcast Episode 46: “Current Realities.“ Lending policy changes, as does the interpretation of existing rules and regulations. Make sure you stay on top of the current situation with your lender, the government, and market conditions. Download the audio file HERE and the text/handout HERE. (control click or right click + save as). Financing Facts: Current … Continue reading Financing FactsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Rent-to-Own Fiasco https://barrymcguire.ca/2015/09/30/rent-to-own/ Wed, 30 Sep 2015 18:14:54 +0000 http://investorlawyer.ca/?p=158623 Continue reading Rent-to-Own Fiasco]]> 341 341 341 341 341 341 341 158623Barry C. McGuire Podcast Episode 45: “You Don’t Know What You Don’t Know.“ A new real estate investor managed to avoid a rookie mistake. He was about to enter into a rent-to-own agreement with someone, but the paperwork was so vague as to be useless. Luckily he brought it to me, and I told him to run! Download … Continue reading Rent-to-Own Fiasco info@barrymcguire.ca (Barry McGuire)noPodcast Episode 45: “You Don’t Know What You Don’t Know.“ A new real estate investor managed to avoid a rookie mistake. He was about to enter into a rent-to-own agreement with someone, but the paperwork was so vague as to be useless. Luckily he brought it to me, and I told him to run! Download … Continue reading Rent-to-Own FiascoBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Illegal Suites https://barrymcguire.ca/2015/09/22/illegal-suites/ Tue, 22 Sep 2015 17:51:55 +0000 http://investorlawyer.ca/?p=158614 Continue reading Illegal Suites]]> 351 351 351 351 351 351 351 158614Barry C. McGuire Podcast Episode 44: “Illegal Suites Are Everywhere.“ People often add onto or subdivide their properties, which can make diligence tricky for investors. Did the seller have a permit for a secondary suite? If so, did they actually build what they were supposed to? You need to figure these things out before purchasing or else you … Continue reading Illegal Suites info@barrymcguire.ca (Barry McGuire)noPodcast Episode 44: “Illegal Suites Are Everywhere.“ People often add onto or subdivide their properties, which can make diligence tricky for investors. Did the seller have a permit for a secondary suite? If so, did they actually build what they were supposed to? You need to figure these things out before purchasing or else you … Continue reading Illegal SuitesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Deal with a Deceased Tenant (Follow-up) https://barrymcguire.ca/2015/09/14/deceased-tenant/ Mon, 14 Sep 2015 16:09:06 +0000 http://investorlawyer.ca/?p=158607 Continue reading How to Deal with a Deceased Tenant (Follow-up)]]> 208 208 208 208 208 158607Barry C. McGuire Podcast Episode 43: “There’s A Dead Guy In My Suite! (Follow-up)” This Tale follows up on the previous one about what you can do when a tenant passes away. Our example shows the steps taken by a landlord to deal with next of kin, and what happened when the family didn’t end up taking responsibility … Continue reading How to Deal with a Deceased Tenant (Follow-up) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 43: “There’s A Dead Guy In My Suite! (Follow-up)” This Tale follows up on the previous one about what you can do when a tenant passes away. Our example shows the steps taken by a landlord to deal with next of kin, and what happened when the family didn’t end up taking responsibility … Continue reading How to Deal with a Deceased Tenant (Follow-up)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Deal with a Deceased Tenant https://barrymcguire.ca/2015/09/09/dead-tenant/ Wed, 09 Sep 2015 20:54:32 +0000 http://investorlawyer.ca/?p=158603 Continue reading How to Deal with a Deceased Tenant]]> 357 357 357 357 357 357 357 158603Barry C. McGuire Podcast Episode 42: “There’s A Dead Guy In My Suite!“ What do you do when a tenant dies? Most landlords will want to re-rent their property as a soon as possible, but wills and estates can take a long time to resolve. There are, however, still legal ways of preceding that can be quicker. Download … Continue reading How to Deal with a Deceased Tenant info@barrymcguire.ca (Barry McGuire)noPodcast Episode 42: “There’s A Dead Guy In My Suite!“ What do you do when a tenant dies? Most landlords will want to re-rent their property as a soon as possible, but wills and estates can take a long time to resolve. There are, however, still legal ways of preceding that can be quicker. Download … Continue reading How to Deal with a Deceased TenantBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Condo Diligence https://barrymcguire.ca/2015/09/01/condo-diligence/ Tue, 01 Sep 2015 20:34:22 +0000 http://investorlawyer.ca/?p=158591 Continue reading Condo Diligence]]> 534 534 534 534 158591Barry C. McGuire Podcast Episode 41: “Rubik’s Cube Condo: An Investor’s Near-Miss.“ Purchasing a condominium unit as an investment can be tricky business because of the many other parties you need to deal with. There are also laws surrounding condos that you need to take into account. As always, due diligence is the key to avoiding a bad … Continue reading Condo Diligence info@barrymcguire.ca (Barry McGuire)noPodcast Episode 41: “Rubik’s Cube Condo: An Investor’s Near-Miss.“ Purchasing a condominium unit as an investment can be tricky business because of the many other parties you need to deal with. There are also laws surrounding condos that you need to take into account. As always, due diligence is the key to avoiding a bad … Continue reading Condo DiligenceBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Housing Health Standards in Alberta https://barrymcguire.ca/2015/08/26/housing-health-standards/ Wed, 26 Aug 2015 19:43:28 +0000 http://investorlawyer.ca/?p=158587 Continue reading Housing Health Standards in Alberta]]> 810 810 810 810 810 810 158587Barry C. McGuire Podcast Episode 40: “Diligence with Alberta Health Services.“ The Public Health Act in Alberta also includes statutes regarding Minimum Housing and Health Standards. Investors and landlords need to be aware of their obligations. This is especially important because there is no grandfathering clause for older properties. Download the audio file HERE and the text/handout HERE. … Continue reading Housing Health Standards in Alberta info@barrymcguire.ca (Barry McGuire)noPodcast Episode 40: “Diligence with Alberta Health Services.“ The Public Health Act in Alberta also includes statutes regarding Minimum Housing and Health Standards. Investors and landlords need to be aware of their obligations. This is especially important because there is no grandfathering clause for older properties. Download the audio file HERE and the text/handout HERE. … Continue reading Housing Health Standards in AlbertaBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Zoning Bylaws Re Secondary Suites in Duplexes https://barrymcguire.ca/2015/08/21/zoning-bylaws/ Fri, 21 Aug 2015 19:28:19 +0000 http://investorlawyer.ca/?p=158583 Continue reading Zoning Bylaws Re Secondary Suites in Duplexes]]> 405 405 405 405 405 405 405 158583Barry C. McGuire Podcast Episode 39: “Fourplex Diligence.“ A ‘fourplex’ is not a legal term, and so we’ve done some digging through bylaws to show how this idea is actually expressed in the law. Many duplexes have illegal basement suites, and so you need to do your diligence before purchasing a so-called fourplex. Always confirm that the zoning … Continue reading Zoning Bylaws Re Secondary Suites in Duplexes info@barrymcguire.ca (Barry McGuire)noPodcast Episode 39: “Fourplex Diligence.“ A ‘fourplex’ is not a legal term, and so we’ve done some digging through bylaws to show how this idea is actually expressed in the law. Many duplexes have illegal basement suites, and so you need to do your diligence before purchasing a so-called fourplex. Always confirm that the zoning … Continue reading Zoning Bylaws Re Secondary Suites in DuplexesBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Real Property Reports (Part 3) https://barrymcguire.ca/2015/08/17/real-property-reports-3/ Mon, 17 Aug 2015 21:01:37 +0000 http://investorlawyer.ca/?p=158573 Continue reading Real Property Reports (Part 3)]]> 649 649 649 649 649 649 649 158573Barry C. McGuire Podcast Episode 38: “Do I Need a Real Property Report (RPR)?“ Due diligence is one of the most important aspects of success with real estate. In this third part of our series on Real Property Reports, we look at three more examples of how a Survey Certificate can save you a lot of time, trouble, … Continue reading Real Property Reports (Part 3) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 38: “Do I Need a Real Property Report (RPR)?“ Due diligence is one of the most important aspects of success with real estate. In this third part of our series on Real Property Reports, we look at three more examples of how a Survey Certificate can save you a lot of time, trouble, … Continue reading Real Property Reports (Part 3)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Real Property Reports (Part 2) https://barrymcguire.ca/2015/08/12/real-property-reports-2/ Wed, 12 Aug 2015 20:46:26 +0000 http://investorlawyer.ca/?p=158569 Continue reading Real Property Reports (Part 2)]]> 371 371 371 371 371 371 371 158569Barry C. McGuire Podcast Episode 37: “Who Needs a Real Property Report? (Part 2)“ Continuing from our previous Tale, we have another example of what can happen in a real estate deal without getting a proper survey done first. In Alberta, the seller is supposed to provide a Real Property Report and written confirmation that the property complies … Continue reading Real Property Reports (Part 2) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 37: “Who Needs a Real Property Report? (Part 2)“ Continuing from our previous Tale, we have another example of what can happen in a real estate deal without getting a proper survey done first. In Alberta, the seller is supposed to provide a Real Property Report and written confirmation that the property complies … Continue reading Real Property Reports (Part 2)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Real Property Reports (Part 1) https://barrymcguire.ca/2015/08/04/real-property-reports-1/ Tue, 04 Aug 2015 22:30:00 +0000 http://investorlawyer.ca/?p=158556 Continue reading Real Property Reports (Part 1)]]> 458 458 458 458 458 458 458 158556Barry C. McGuire Podcast Episode 36: “Who Needs a Real Property Report?“ Before buying a piece of real estate, make sure to get an up-to-date survey of the property done by a professional. This report will help you to insure that there are no encroachments and that everything complies with municipal bylaws. This Tale illustrates the kind of … Continue reading Real Property Reports (Part 1) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 36: “Who Needs a Real Property Report?“ Before buying a piece of real estate, make sure to get an up-to-date survey of the property done by a professional. This report will help you to insure that there are no encroachments and that everything complies with municipal bylaws. This Tale illustrates the kind of … Continue reading Real Property Reports (Part 1)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Credit Hassles (Part 3) https://barrymcguire.ca/2015/07/31/credit-follow-up/ Fri, 31 Jul 2015 20:10:23 +0000 http://investorlawyer.ca/?p=158551 Continue reading Credit Hassles (Part 3)]]> 336 158551Barry C. McGuire Podcast Episode 35: “Follow-up Is Essential.” Why follow-up on a slam-dunk, for-sure mortgage? Sometimes paperwork just gets lost; having a Plan B is essential. Download the audio file HERE and the text/handout HERE. (control click or right click + save as). When Mortgage Instructions Are Delayed Three in one. It doesn’t happen often, but this … Continue reading Credit Hassles (Part 3) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 35: “Follow-up Is Essential.” Why follow-up on a slam-dunk, for-sure mortgage? Sometimes paperwork just gets lost; having a Plan B is essential. Download the audio file HERE and the text/handout HERE. (control click or right click + save as). When Mortgage Instructions Are Delayed Three in one. It doesn’t happen often, but this … Continue reading Credit Hassles (Part 3)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Credit Hassles (Part 2) https://barrymcguire.ca/2015/07/27/unreasonable-lenders/ Mon, 27 Jul 2015 21:51:00 +0000 http://investorlawyer.ca/?p=158549 Continue reading Credit Hassles (Part 2)]]> 473 473 473 473 473 473 473 158549Barry C. McGuire Podcast Episode 34: “Lenders Are Not Reasonable.” Here’s three examples of how lenders can sometimes be unreasonable. Logic and a good track record will not necessarily change the lender’s mind or policy when you try to get a mortgage. Download the audio file HERE and the text/handout HERE. (control click or right click + save … Continue reading Credit Hassles (Part 2) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 34: “Lenders Are Not Reasonable.” Here’s three examples of how lenders can sometimes be unreasonable. Logic and a good track record will not necessarily change the lender’s mind or policy when you try to get a mortgage. Download the audio file HERE and the text/handout HERE. (control click or right click + save … Continue reading Credit Hassles (Part 2)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Credit Hassles (Part 1) https://barrymcguire.ca/2015/07/22/credit-rating/ Wed, 22 Jul 2015 19:09:49 +0000 http://investorlawyer.ca/?p=158534 Continue reading Credit Hassles (Part 1)]]> 354 354 354 354 354 354 354 158534Barry C. McGuire Podcast Episode 33: “$200 Is No Big Deal, Or Is It?” Your good credit can be affected by inaccurate credit reporting. Even a small, bogus claim reported to Equifax or Trans Union may give you major grief, staining your good track record and fabulous credit rating. This podcast and blog post tell the tale of … Continue reading Credit Hassles (Part 1) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 33: “$200 Is No Big Deal, Or Is It?” Your good credit can be affected by inaccurate credit reporting. Even a small, bogus claim reported to Equifax or Trans Union may give you major grief, staining your good track record and fabulous credit rating. This podcast and blog post tell the tale of … Continue reading Credit Hassles (Part 1)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Here’s How Parking Spots Work in Condominiums https://barrymcguire.ca/2015/03/31/condominium-parking/ Tue, 31 Mar 2015 20:57:05 +0000 http://investorlawyer.ca/?p=128740 Continue reading Here’s How Parking Spots Work in Condominiums]]> 393 393 128740Barry C. McGuire Podcast Episode 32: “Condominium Parking.” In this episode, Barry explains how condominium parking works. Do you have title to your parking unit, exclusive use of that parking unit, or is it simply your assigned space? Perhaps it is a combination of all three… Download the audio file HERE. Download the PDF file HERE. (control click … Continue reading Here’s How Parking Spots Work in Condominiums info@barrymcguire.ca (Barry McGuire)noPodcast Episode 32: “Condominium Parking.” In this episode, Barry explains how condominium parking works. Do you have title to your parking unit, exclusive use of that parking unit, or is it simply your assigned space? Perhaps it is a combination of all three… Download the audio file HERE. Download the PDF file HERE. (control click … Continue reading Here’s How Parking Spots Work in CondominiumsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Lawsuits Against Poorly Built Condo https://barrymcguire.ca/2015/03/24/disaster-at-penhorwood/ Tue, 24 Mar 2015 20:31:23 +0000 http://investorlawyer.ca/?p=128704 Continue reading Lawsuits Against Poorly Built Condo]]> 656 656 656 656 656 656 128704Barry C. McGuire Podcast Episode 31:  “Disaster At Penhorwood.” The 168 unit Penhorwood condominium complex in Fort McMurray, Alberta suffers from many deficiencies including structural, mechanical, electrical, building envelope, and roofing. This situations led an engineer to say there was a possibility of, “potential hazard to life, health, safety or building integrity.” Lawsuits ensued. Download the audio file … Continue reading Lawsuits Against Poorly Built Condo info@barrymcguire.ca (Barry McGuire)noPodcast Episode 31:  “Disaster At Penhorwood.” The 168 unit Penhorwood condominium complex in Fort McMurray, Alberta suffers from many deficiencies including structural, mechanical, electrical, building envelope, and roofing. This situations led an engineer to say there was a possibility of, “potential hazard to life, health, safety or building integrity.” Lawsuits ensued. Download the audio file … Continue reading Lawsuits Against Poorly Built CondoBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Before Buying Condos, Hear This Tale of Woe https://barrymcguire.ca/2015/03/17/condo-reserve-fund-studies/ Tue, 17 Mar 2015 20:10:16 +0000 http://investorlawyer.ca/?p=128630 Continue reading Before Buying Condos, Hear This Tale of Woe]]> 592 128630Barry C. McGuire Podcast Episode 30:  “Condo Reserve Fund Studies.” This episode is about the collective woes that buying a condo makes into your personal problem. Condominiums /strata corporations exist Canada wide. They are complicated in all aspects and especially on the financial planning side. It is essential to examine the reserve fund study/reserve fund plan (different provinces … Continue reading Before Buying Condos, Hear This Tale of Woe info@barrymcguire.ca (Barry McGuire)noPodcast Episode 30:  “Condo Reserve Fund Studies.” This episode is about the collective woes that buying a condo makes into your personal problem. Condominiums /strata corporations exist Canada wide. They are complicated in all aspects and especially on the financial planning side. It is essential to examine the reserve fund study/reserve fund plan (different provinces … Continue reading Before Buying Condos, Hear This Tale of WoeBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing The Basics: Show Homes’ Good Looks Can Conceal Problems https://barrymcguire.ca/2015/02/18/inspections-model-homes/ Wed, 18 Feb 2015 20:34:41 +0000 http://investorlawyer.ca/?p=90495 Continue reading The Basics: Show Homes’ Good Looks Can Conceal Problems]]> 354 354 90495Barry C. McGuire Podcast Episode 29:  “Home Inspections Part 2: Painted Ladies.” Part two of this mini-series on home inspections covers houses that look good but have hidden flaws. Show homes are sometimes described as “painted ladies.” Despite their designer flair and top-end appliances these homes can conceal a multitude of problems. Download the audio file HERE. Download … Continue reading The Basics: Show Homes’ Good Looks Can Conceal Problems info@barrymcguire.ca (Barry McGuire)noPodcast Episode 29:  “Home Inspections Part 2: Painted Ladies.” Part two of this mini-series on home inspections covers houses that look good but have hidden flaws. Show homes are sometimes described as “painted ladies.” Despite their designer flair and top-end appliances these homes can conceal a multitude of problems. Download the audio file HERE. Download … Continue reading The Basics: Show Homes’ Good Looks Can Conceal ProblemsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing The Basics: Inspect the Electrical Wiring Before Buying an Older Home https://barrymcguire.ca/2015/02/11/home-inspections-knob-tube-wiring/ Wed, 11 Feb 2015 20:14:49 +0000 http://investorlawyer.ca/?p=90489 Continue reading The Basics: Inspect the Electrical Wiring Before Buying an Older Home]]> 316 316 316 316 90489Barry C. McGuire Podcast Episode 28:  “Home Inspections Part 1: Knob and Tube.” Sometimes Tales from the Trenches shows narrowly avoided real estate disasters, and this is one of them. Old, unsafe knob and tube wiring was discovered by a home inspection. The buyer avoided a $30,000 repair bill! Download the audio file HERE. Download the PDF file … Continue reading The Basics: Inspect the Electrical Wiring Before Buying an Older Home info@barrymcguire.ca (Barry McGuire)noPodcast Episode 28:  “Home Inspections Part 1: Knob and Tube.” Sometimes Tales from the Trenches shows narrowly avoided real estate disasters, and this is one of them. Old, unsafe knob and tube wiring was discovered by a home inspection. The buyer avoided a $30,000 repair bill! Download the audio file HERE. Download the PDF file … Continue reading The Basics: Inspect the Electrical Wiring Before Buying an Older HomeBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing The Basics: Trying to “Bend” Mortgage Rules is Fraud https://barrymcguire.ca/2015/02/04/bending-mortgage-rules-fraud/ Wed, 04 Feb 2015 20:03:37 +0000 http://investorlawyer.ca/?p=90484 Continue reading The Basics: Trying to “Bend” Mortgage Rules is Fraud]]> 546 546 546 546 90484Barry C. McGuire Podcast Episode 27:  “Is It Black, White, or Grey? (Part Two).” Part two of this mini-series on the basics of real estate investing continues the discussion of situations as black, white, or grey. You’ll hear three more real-life scenarios to make the idea of mortgage fraud concrete. Download the audio file HERE. Download the PDF … Continue reading The Basics: Trying to “Bend” Mortgage Rules is Fraud info@barrymcguire.ca (Barry McGuire)noPodcast Episode 27:  “Is It Black, White, or Grey? (Part Two).” Part two of this mini-series on the basics of real estate investing continues the discussion of situations as black, white, or grey. You’ll hear three more real-life scenarios to make the idea of mortgage fraud concrete. Download the audio file HERE. Download the PDF … Continue reading The Basics: Trying to “Bend” Mortgage Rules is FraudBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing The Basics: How to Avoid Accidental Mortgage Fraud https://barrymcguire.ca/2015/01/28/avoiding-mortgage-fraud/ Wed, 28 Jan 2015 18:00:37 +0000 http://investorlawyer.ca/?p=90454 Continue reading The Basics: How to Avoid Accidental Mortgage Fraud]]> 487 487 90454Barry C. McGuire Podcast Episode 26:  “Is It Black, White, or Grey? (Part One).” This mini-series on the basics of real estate investing starts with a discussion of how to describe situations as black (bad, stay away), white (legitimate, perfectly okay) or grey (uncertainty, could be offside, heading for black). Part one covers two real-life scenarios that illustrate … Continue reading The Basics: How to Avoid Accidental Mortgage Fraud info@barrymcguire.ca (Barry McGuire)noPodcast Episode 26:  “Is It Black, White, or Grey? (Part One).” This mini-series on the basics of real estate investing starts with a discussion of how to describe situations as black (bad, stay away), white (legitimate, perfectly okay) or grey (uncertainty, could be offside, heading for black). Part one covers two real-life scenarios that illustrate … Continue reading The Basics: How to Avoid Accidental Mortgage FraudBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Transferring an Old Mortgage to a New Home Rarely Possible https://barrymcguire.ca/2014/10/09/transfer-old-mortgage-new-home/ Thu, 09 Oct 2014 19:30:07 +0000 http://investorlawyer.ca/?p=3671 Continue reading Transferring an Old Mortgage to a New Home Rarely Possible]]> 212 212 212 3671Barry C. McGuire Podcast Episode 25:  “When Is Your Portable Mortgage Not Portable?” This Tale explains some of the pitfalls of relying on the portability clause in your old mortgage to buy a new house. It also talks about why your credit track record doesn’t trump bank policy. Consider making your sale subject to achieving an unconditional purchase. … Continue reading Transferring an Old Mortgage to a New Home Rarely Possible info@barrymcguire.ca (Barry McGuire)noPodcast Episode 25:  “When Is Your Portable Mortgage Not Portable?” This Tale explains some of the pitfalls of relying on the portability clause in your old mortgage to buy a new house. It also talks about why your credit track record doesn’t trump bank policy. Consider making your sale subject to achieving an unconditional purchase. … Continue reading Transferring an Old Mortgage to a New Home Rarely PossibleBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Permits for Suites in a Fourplex: More than Zoning or Land Surveys https://barrymcguire.ca/2014/10/02/permits-suites-fourplex-zonging-survey/ Thu, 02 Oct 2014 19:30:12 +0000 http://investorlawyer.ca/?p=3664 Continue reading Permits for Suites in a Fourplex: More than Zoning or Land Surveys]]> 493 493 493 3664Barry C. McGuire Podcast Episode 24:  “Fourplex Puzzle (Part Two).” The second part of this podcast mini-series on fourplexes gets into some problems that can arise after the deal closes. When buying a fourplex, or any property with more than one dwelling, you must do at least two things. Number one, check to see that the zoning allows … Continue reading Permits for Suites in a Fourplex: More than Zoning or Land Surveys info@barrymcguire.ca (Barry McGuire)noPodcast Episode 24:  “Fourplex Puzzle (Part Two).” The second part of this podcast mini-series on fourplexes gets into some problems that can arise after the deal closes. When buying a fourplex, or any property with more than one dwelling, you must do at least two things. Number one, check to see that the zoning allows … Continue reading Permits for Suites in a Fourplex: More than Zoning or Land SurveysBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Joint Venturing Existing Properties to Raise Cash for New Investments https://barrymcguire.ca/2014/09/25/joint-venture-existing-property-raise-cash/ Thu, 25 Sep 2014 19:30:08 +0000 http://investorlawyer.ca/?p=3651 Continue reading Joint Venturing Existing Properties to Raise Cash for New Investments]]> 431 431 431 3651Barry C. McGuire Podcast Episode 23:  “Fourplex Puzzle (Part One).” In this episode, you’ll hear about things to consider when changing your real estate strategy from single-family to multifamily. How your success changes the attitude of family and friends. One way to raise your multifamily down payment. Download the audio file HERE. Download the PDF file HERE. (control … Continue reading Joint Venturing Existing Properties to Raise Cash for New Investments info@barrymcguire.ca (Barry McGuire)noPodcast Episode 23:  “Fourplex Puzzle (Part One).” In this episode, you’ll hear about things to consider when changing your real estate strategy from single-family to multifamily. How your success changes the attitude of family and friends. One way to raise your multifamily down payment. Download the audio file HERE. Download the PDF file HERE. (control … Continue reading Joint Venturing Existing Properties to Raise Cash for New InvestmentsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Be Prepared: Rules for Commercial Mortgages Are Strict https://barrymcguire.ca/2014/07/22/rules-commercial-mortgages-strict/ Tue, 22 Jul 2014 19:30:00 +0000 http://investorlawyer.ca/?p=282 Continue reading Be Prepared: Rules for Commercial Mortgages Are Strict]]> 402 402 402 282Barry C. McGuire Podcast Episode 22:  “How Snoopy Should You Be?” This episode delves into commercial financing of real estate (usually six units or more ). NB, it’s quite different than retail/residential financing. Lenders have their own lawyers and require more diligence. If buying in a corporation, your lawyer usually has to provide the lender’s lawyer an opinion … Continue reading Be Prepared: Rules for Commercial Mortgages Are Strict info@barrymcguire.ca (Barry McGuire)noPodcast Episode 22:  “How Snoopy Should You Be?” This episode delves into commercial financing of real estate (usually six units or more ). NB, it’s quite different than retail/residential financing. Lenders have their own lawyers and require more diligence. If buying in a corporation, your lawyer usually has to provide the lender’s lawyer an opinion … Continue reading Be Prepared: Rules for Commercial Mortgages Are StrictBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Here’s Why Even Small Corporations Must File Taxes with the CRA https://barrymcguire.ca/2014/07/15/tax-paperwork/ Tue, 15 Jul 2014 19:30:09 +0000 http://investorlawyer.ca/?p=272 Continue reading Here’s Why Even Small Corporations Must File Taxes with the CRA]]> 336 336 272Barry C. McGuire Podcast Episode 21: “It’s Just Paperwork, Right?” This Tale is about the problem with getting behind on your paperwork as a real estate investor. Not filing your annual tax return is serious business. Big fines or potential jail time. Not filing your annual corporate return with corporate registry will have your company dissolved. Would you … Continue reading Here’s Why Even Small Corporations Must File Taxes with the CRA info@barrymcguire.ca (Barry McGuire)noPodcast Episode 21: “It’s Just Paperwork, Right?” This Tale is about the problem with getting behind on your paperwork as a real estate investor. Not filing your annual tax return is serious business. Big fines or potential jail time. Not filing your annual corporate return with corporate registry will have your company dissolved. Would you … Continue reading Here’s Why Even Small Corporations Must File Taxes with the CRABarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing This One Clause Will Save You When Buying Real Estate from a Developer https://barrymcguire.ca/2014/07/08/developer-issues/ Tue, 08 Jul 2014 19:00:52 +0000 http://investorlawyer.ca/?p=261 Continue reading This One Clause Will Save You When Buying Real Estate from a Developer]]> 532 532 532 261Barry C. McGuire Podcast Episode 20: “Developer = Issues.” In this episode, Barry talks about the differences between buying a property from a developer vs. a previously owned home through a realtor. Developers have custom contracts, which means nothing is standard. You must do more diligence, and you should also customize the contract with a clause to protect … Continue reading This One Clause Will Save You When Buying Real Estate from a Developer info@barrymcguire.ca (Barry McGuire)noPodcast Episode 20: “Developer = Issues.” In this episode, Barry talks about the differences between buying a property from a developer vs. a previously owned home through a realtor. Developers have custom contracts, which means nothing is standard. You must do more diligence, and you should also customize the contract with a clause to protect … Continue reading This One Clause Will Save You When Buying Real Estate from a DeveloperBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Taming Your Legal Bills (Part 4 of 4) https://barrymcguire.ca/2014/06/26/taming-legal-bills-4/ Thu, 26 Jun 2014 21:04:35 +0000 http://investorlawyer.ca/?p=254 Continue reading Taming Your Legal Bills (Part 4 of 4)]]> 519 519 254Barry C. McGuire Podcast Episode 19: “Taming Your Legal Bills 4/4 – Dos and Don’ts.” The conclusion of this podcast mini-series on legal fees finishes up with some miscellaneous advice on saving money. Real estate law is complex, but there’s still a lot you can do to make your lawyer’s job easier, which will cost you less! Download … Continue reading Taming Your Legal Bills (Part 4 of 4) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 19: “Taming Your Legal Bills 4/4 – Dos and Don’ts.” The conclusion of this podcast mini-series on legal fees finishes up with some miscellaneous advice on saving money. Real estate law is complex, but there’s still a lot you can do to make your lawyer’s job easier, which will cost you less! Download … Continue reading Taming Your Legal Bills (Part 4 of 4)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Taming Your Legal Bills (Part 3 of 4) https://barrymcguire.ca/2014/06/19/taming-legal-bills-3/ Thu, 19 Jun 2014 21:02:53 +0000 http://investorlawyer.ca/?p=252 Continue reading Taming Your Legal Bills (Part 3 of 4)]]> 345 252Barry C. McGuire Podcast Episode 18: “Taming Your Legal Bills 3/4 – Hourly Fees.” Complex legal work on real estate deals is typically billed by the hour. In this episode, Barry provides helpful tips to improve service, get better results, and reduce legal fees. Download the audio file HERE. Download the PDF file for all four parts HERE. … Continue reading Taming Your Legal Bills (Part 3 of 4) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 18: “Taming Your Legal Bills 3/4 – Hourly Fees.” Complex legal work on real estate deals is typically billed by the hour. In this episode, Barry provides helpful tips to improve service, get better results, and reduce legal fees. Download the audio file HERE. Download the PDF file for all four parts HERE. … Continue reading Taming Your Legal Bills (Part 3 of 4)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Taming Your Legal Bills (Part 2 of 4) https://barrymcguire.ca/2014/06/12/taming-legal-bills-2/ Thu, 12 Jun 2014 20:59:37 +0000 http://investorlawyer.ca/?p=248 Continue reading Taming Your Legal Bills (Part 2 of 4)]]> 381 248Barry C. McGuire Podcast Episode 17: “Taming Your Legal Bills 2/4 – Fixed Fees.” A continuation of Barry explaining how your lawyer figures out your legal bill for a real estate transaction. Fixed fees only apply to plain, straightforward deals, so if your transaction becomes more complicated, the cost rises. Listen to this episode to get helpful tips … Continue reading Taming Your Legal Bills (Part 2 of 4) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 17: “Taming Your Legal Bills 2/4 – Fixed Fees.” A continuation of Barry explaining how your lawyer figures out your legal bill for a real estate transaction. Fixed fees only apply to plain, straightforward deals, so if your transaction becomes more complicated, the cost rises. Listen to this episode to get helpful tips … Continue reading Taming Your Legal Bills (Part 2 of 4)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Taming Your Legal Bills (Part 1 of 4) https://barrymcguire.ca/2014/06/05/taming-legal-bills-1/ Thu, 05 Jun 2014 20:51:40 +0000 http://investorlawyer.ca/?p=245 Continue reading Taming Your Legal Bills (Part 1 of 4)]]> 521 245Barry C. McGuire Podcast Episode 16: “Taming Your Legal Bills 1/4 – Fees Disbursements Taxes.” This episode explains how your lawyer figures out your legal bill for a real estate transaction. It also features discussion of how speed, risk, and benefit can influence the cost of more complex deals. Download the audio file HERE. Download the PDF file … Continue reading Taming Your Legal Bills (Part 1 of 4) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 16: “Taming Your Legal Bills 1/4 – Fees Disbursements Taxes.” This episode explains how your lawyer figures out your legal bill for a real estate transaction. It also features discussion of how speed, risk, and benefit can influence the cost of more complex deals. Download the audio file HERE. Download the PDF file … Continue reading Taming Your Legal Bills (Part 1 of 4)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Handshakes and Promises Not Enough to Vary Written Contracts https://barrymcguire.ca/2014/05/22/parol-evidence-rule/ Thu, 22 May 2014 19:00:16 +0000 http://investorlawyer.ca/?p=220 Continue reading Handshakes and Promises Not Enough to Vary Written Contracts]]> 315 315 220Barry C. McGuire Podcast Episode 15: “Parol Evidence Rule.” In this episode we revisit a sad truth: people lie. You are not allowed to use verbal evidence to vary a written contract, so get all promises in writing when buying and selling real estate. Don’t remove conditions especially a, ‘subject to financing’ condition, until you are satisfied you … Continue reading Handshakes and Promises Not Enough to Vary Written Contracts info@barrymcguire.ca (Barry McGuire)noPodcast Episode 15: “Parol Evidence Rule.” In this episode we revisit a sad truth: people lie. You are not allowed to use verbal evidence to vary a written contract, so get all promises in writing when buying and selling real estate. Don’t remove conditions especially a, ‘subject to financing’ condition, until you are satisfied you … Continue reading Handshakes and Promises Not Enough to Vary Written ContractsBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Scam Alert: Charity Claiming Tax Deduction Bigger than Donation https://barrymcguire.ca/2014/05/15/tax-charity-scam/ Thu, 15 May 2014 19:00:37 +0000 http://investorlawyer.ca/?p=213 Continue reading Scam Alert: Charity Claiming Tax Deduction Bigger than Donation]]> 489 489 213Barry C. McGuire Podcast Episode 14: “Tax Charity Scam.” This podcast tells the sad Tale of a real estate investor who tried too hard too avoid tax by contributing to a charity. Tax schemes that promise deductions much larger than the charitable donation are almost always found to be shams and disallowed by the CRA. You will almost … Continue reading Scam Alert: Charity Claiming Tax Deduction Bigger than Donation info@barrymcguire.ca (Barry McGuire)noPodcast Episode 14: “Tax Charity Scam.” This podcast tells the sad Tale of a real estate investor who tried too hard too avoid tax by contributing to a charity. Tax schemes that promise deductions much larger than the charitable donation are almost always found to be shams and disallowed by the CRA. You will almost … Continue reading Scam Alert: Charity Claiming Tax Deduction Bigger than DonationBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing How to Get a Mortgage for Both Purchase and Renovation https://barrymcguire.ca/2014/05/08/mortgage-purchase-renovation/ Thu, 08 May 2014 19:00:42 +0000 http://investorlawyer.ca/?p=203 Continue reading How to Get a Mortgage for Both Purchase and Renovation]]> 712 712 203Barry C. McGuire Podcast Episode 13: “Happy Tale.” Usually, the Tales from the Trenches podcast is about how people mess up when buying and selling real estate, showing what we can learn from their mistakes. But this Tale turned out just fine! It looks at things to consider when moving from a buy and hold strategy to a … Continue reading How to Get a Mortgage for Both Purchase and Renovation info@barrymcguire.ca (Barry McGuire)noPodcast Episode 13: “Happy Tale.” Usually, the Tales from the Trenches podcast is about how people mess up when buying and selling real estate, showing what we can learn from their mistakes. But this Tale turned out just fine! It looks at things to consider when moving from a buy and hold strategy to a … Continue reading How to Get a Mortgage for Both Purchase and RenovationBarry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Three Condominium Conundrums (Part 3 of 3) https://barrymcguire.ca/2014/04/30/condominium-conundrums-part-3/ Wed, 30 Apr 2014 19:00:28 +0000 http://investorlawyer.ca/?p=178 Continue reading Three Condominium Conundrums (Part 3 of 3)]]> 338 338 178Barry C. McGuire Podcast Episode 12: “Condominium Conundrums 3/3 – Rental Pool Mysteries.” In this podcast, you’ll hear about issues to watch out for when purchasing a condominium unit with an existing tenant and a rental pool. There is a formal process to join the rental pool and lots of paperwork! Download the audio file HERE. Download the … Continue reading Three Condominium Conundrums (Part 3 of 3) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 12: “Condominium Conundrums 3/3 – Rental Pool Mysteries.” In this podcast, you’ll hear about issues to watch out for when purchasing a condominium unit with an existing tenant and a rental pool. There is a formal process to join the rental pool and lots of paperwork! Download the audio file HERE. Download the … Continue reading Three Condominium Conundrums (Part 3 of 3)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Three Condominium Conundrums (Part 2 of 3) https://barrymcguire.ca/2014/04/23/condominium-conundrums-part-2/ Wed, 23 Apr 2014 19:00:24 +0000 http://investorlawyer.ca/?p=176 Continue reading Three Condominium Conundrums (Part 2 of 3)]]> 313 313 176Barry C. McGuire Podcast Episode 11: “Condominium Conundrums 2/3 – Caveat on my Condominium Title.” In this episode, Barry tells a tale of failure to pay a special assessment, which allows the Condominium Corporation to file a caveat against your title. If you don’t pay, the next step is what amounts to a foreclosure. Plus, you will pay … Continue reading Three Condominium Conundrums (Part 2 of 3) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 11: “Condominium Conundrums 2/3 – Caveat on my Condominium Title.” In this episode, Barry tells a tale of failure to pay a special assessment, which allows the Condominium Corporation to file a caveat against your title. If you don’t pay, the next step is what amounts to a foreclosure. Plus, you will pay … Continue reading Three Condominium Conundrums (Part 2 of 3)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Three Condominium Conundrums (Part 1 of 3) https://barrymcguire.ca/2014/04/16/condominium-conundrums-part-1/ Wed, 16 Apr 2014 19:00:09 +0000 http://investorlawyer.ca/?p=169 Continue reading Three Condominium Conundrums (Part 1 of 3)]]> 474 474 169Barry C. McGuire Podcast Episode 10: “Condominium Conundrums 1/3 – Rules…, What Rules?” This episode is a primer on the law surrounding condos in Alberta. It covers your responsibility to be in compliance with condominium bylaws, provide information to the Condo Corporation about your tenant, and your responsibility for tenant damages. Did you know it’s the Corporation’s right … Continue reading Three Condominium Conundrums (Part 1 of 3) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 10: “Condominium Conundrums 1/3 – Rules…, What Rules?” This episode is a primer on the law surrounding condos in Alberta. It covers your responsibility to be in compliance with condominium bylaws, provide information to the Condo Corporation about your tenant, and your responsibility for tenant damages. Did you know it’s the Corporation’s right … Continue reading Three Condominium Conundrums (Part 1 of 3)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgages and Related Security… How Are You Liable? (Part 9 of 9) https://barrymcguire.ca/2014/04/03/mortgages-liability-part-9/ Thu, 03 Apr 2014 16:15:35 +0000 http://investorlawyer.ca/?p=115 Continue reading Mortgages and Related Security… How Are You Liable? (Part 9 of 9)]]> 331 331 115Barry C. McGuire Podcast Episode 9: “Mortgage Basics 9/9 – True and False 3.” Here’s the final episode in this podcast mini-series on mortgages, chock full of common questions. Can lenders put caveats on the title of my rental property? What are the legal fees for a foreclosure? The test portion of this blog post also has handy … Continue reading Mortgages and Related Security… How Are You Liable? (Part 9 of 9) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 9: “Mortgage Basics 9/9 – True and False 3.” Here’s the final episode in this podcast mini-series on mortgages, chock full of common questions. Can lenders put caveats on the title of my rental property? What are the legal fees for a foreclosure? The test portion of this blog post also has handy … Continue reading Mortgages and Related Security… How Are You Liable? (Part 9 of 9)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgages and Related Security… How Are You Liable? (Part 8 of 9) https://barrymcguire.ca/2014/03/27/mortgages-liability-part-8/ Thu, 27 Mar 2014 16:14:13 +0000 http://investorlawyer.ca/?p=113 Continue reading Mortgages and Related Security… How Are You Liable? (Part 8 of 9)]]> 378 378 113Barry C. McGuire Podcast Episode 8: “Mortgage Basics 8/9 – True and False 2.” The episode continues with the FAQ about mortgages. If lenders can’t pursue deficiencies when an Alberta walks away from their mortgage, are there other repercussions? How does assuming a mortgage from a corporation change liability for an individual? Listen (or read) on to find … Continue reading Mortgages and Related Security… How Are You Liable? (Part 8 of 9) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 8: “Mortgage Basics 8/9 – True and False 2.” The episode continues with the FAQ about mortgages. If lenders can’t pursue deficiencies when an Alberta walks away from their mortgage, are there other repercussions? How does assuming a mortgage from a corporation change liability for an individual? Listen (or read) on to find … Continue reading Mortgages and Related Security… How Are You Liable? (Part 8 of 9)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgages and Related Security… How Are You Liable? (Part 7 of 9) https://barrymcguire.ca/2014/03/20/mortgages-liability-part-7/ Thu, 20 Mar 2014 16:00:33 +0000 http://investorlawyer.ca/?p=111 Continue reading Mortgages and Related Security… How Are You Liable? (Part 7 of 9)]]> 354 354 111Barry C. McGuire Podcast Episode 7: “Mortgage Basics 7/9 – True and False 1.” Having covered the different types of mortgages in the last few episodes, this podcast turns to frequently asked questions. Is it really true that Albertans can’t be held personally liable for conventional mortgages? What if I my mortgage is in a holding company? There … Continue reading Mortgages and Related Security… How Are You Liable? (Part 7 of 9) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 7: “Mortgage Basics 7/9 – True and False 1.” Having covered the different types of mortgages in the last few episodes, this podcast turns to frequently asked questions. Is it really true that Albertans can’t be held personally liable for conventional mortgages? What if I my mortgage is in a holding company? There … Continue reading Mortgages and Related Security… How Are You Liable? (Part 7 of 9)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgages and Related Security… How Are You Liable? (Part 6 of 9) https://barrymcguire.ca/2014/03/13/mortgages-liability-part-6/ Thu, 13 Mar 2014 16:00:41 +0000 http://investorlawyer.ca/?p=109 Continue reading Mortgages and Related Security… How Are You Liable? (Part 6 of 9)]]> 278 278 109Barry C. McGuire Podcast Episode 6: “Mortgage Basics 6/9 – Corporate Mortgages and Personal Guarantees.” Continuing with our mortgage podcast mini series, let’s look at assuming mortgages from a corporation and the issue of personal guarantees. There are certainly lots of details when it comes to mortgage law, which is why you need a lawyer to get a … Continue reading Mortgages and Related Security… How Are You Liable? (Part 6 of 9) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 6: “Mortgage Basics 6/9 – Corporate Mortgages and Personal Guarantees.” Continuing with our mortgage podcast mini series, let’s look at assuming mortgages from a corporation and the issue of personal guarantees. There are certainly lots of details when it comes to mortgage law, which is why you need a lawyer to get a … Continue reading Mortgages and Related Security… How Are You Liable? (Part 6 of 9)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgages and Related Security… How Are You Liable? (Part 5 of 9) https://barrymcguire.ca/2014/03/06/mortgages-liability-part-5/ Thu, 06 Mar 2014 18:00:57 +0000 http://investorlawyer.ca/?p=106 Continue reading Mortgages and Related Security… How Are You Liable? (Part 5 of 9)]]> 177 177 106Barry C. McGuire Podcast Episode 5: “Mortgage Basics 5/9 – The Chain of Responsibility.” A continuation of how mortgages work in Alberta including discussions of conventional mortgages, high ratio (CMHC) mortgages, personal guarantees, enforceability, assumptions and foreclosures. Also includes 10 very useful true and false questions and an explanation of the court process around a foreclosure. Download the … Continue reading Mortgages and Related Security… How Are You Liable? (Part 5 of 9) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 5: “Mortgage Basics 5/9 – The Chain of Responsibility.” A continuation of how mortgages work in Alberta including discussions of conventional mortgages, high ratio (CMHC) mortgages, personal guarantees, enforceability, assumptions and foreclosures. Also includes 10 very useful true and false questions and an explanation of the court process around a foreclosure. Download the … Continue reading Mortgages and Related Security… How Are You Liable? (Part 5 of 9)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgages and Related Security… How Are You Liable? (Part 4 of 9) https://barrymcguire.ca/2014/02/27/mortgages-liability-part-4/ Thu, 27 Feb 2014 19:00:07 +0000 http://investorlawyer.ca/?p=104 Continue reading Mortgages and Related Security… How Are You Liable? (Part 4 of 9)]]> 252 252 104Barry C. McGuire Podcast Episode 4: “Mortgage Basics 4/9 – The Alberta Difference.” The next part of this mortgages mini series looks at how things are different in Alberta. There is a unique wrinkle regarding borrower’s liability in the event of a foreclosure… Download the audio file HERE. Download the PDF file HERE. (control click or right click … Continue reading Mortgages and Related Security… How Are You Liable? (Part 4 of 9) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 4: “Mortgage Basics 4/9 – The Alberta Difference.” The next part of this mortgages mini series looks at how things are different in Alberta. There is a unique wrinkle regarding borrower’s liability in the event of a foreclosure… Download the audio file HERE. Download the PDF file HERE. (control click or right click … Continue reading Mortgages and Related Security… How Are You Liable? (Part 4 of 9)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgages and Related Security… How Are You Liable? (Part 3 of 9) https://barrymcguire.ca/2014/02/20/mortgages-liability-part-3/ Thu, 20 Feb 2014 20:00:34 +0000 http://investorlawyer.ca/?p=69 Continue reading Mortgages and Related Security… How Are You Liable? (Part 3 of 9)]]> 162 69Barry C. McGuire Podcast Episode 3: “Mortgage Basics 3/9 – Personal Guarantees.” The third part of this podcast mini series focuses on personal guarantees to secure a mortgage. This short episode discusses situations where a lender might require a third party to add their name to a mortgage contract as extra insurance. Download the audio file HERE. Download … Continue reading Mortgages and Related Security… How Are You Liable? (Part 3 of 9) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 3: “Mortgage Basics 3/9 – Personal Guarantees.” The third part of this podcast mini series focuses on personal guarantees to secure a mortgage. This short episode discusses situations where a lender might require a third party to add their name to a mortgage contract as extra insurance. Download the audio file HERE. Download … Continue reading Mortgages and Related Security… How Are You Liable? (Part 3 of 9)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgages and Related Security… How Are You Liable? (Part 2 of 9) https://barrymcguire.ca/2014/02/13/mortgages-liability-part-2/ Thu, 13 Feb 2014 20:00:06 +0000 http://investorlawyer.ca/?p=64 Continue reading Mortgages and Related Security… How Are You Liable? (Part 2 of 9)]]> 246 64Barry C. McGuire Podcast Episode 2: “Mortgage Basics 2/9 – Types of Mortgages.” This episode of Tales from the Trenches continues the mini series on mortgages with a discussion of conventional mortgages and high ratio (CMHC) mortgages. The legal aspect of how mortgages are secured depends on the loan to value ratio. Download the audio file HERE. Download … Continue reading Mortgages and Related Security… How Are You Liable? (Part 2 of 9) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 2: “Mortgage Basics 2/9 – Types of Mortgages.” This episode of Tales from the Trenches continues the mini series on mortgages with a discussion of conventional mortgages and high ratio (CMHC) mortgages. The legal aspect of how mortgages are secured depends on the loan to value ratio. Download the audio file HERE. Download … Continue reading Mortgages and Related Security… How Are You Liable? (Part 2 of 9)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing Mortgages and Related Security… How Are You Liable? (Part 1 of 9) https://barrymcguire.ca/2014/02/06/mortgages-liability-part-1/ Thu, 06 Feb 2014 20:00:06 +0000 http://investorlawyer.ca/?p=29 Continue reading Mortgages and Related Security… How Are You Liable? (Part 1 of 9)]]> 480 29Barry C. McGuire Podcast Episode 1: “Mortgage Basics 1/9 – History Is No Mystery.” Mortgages are a fact of life for most people buying and selling real estate. For the first episode of the Tales from the Trenches podcast, we’re going to talk about some of the background and history of these all important legal contracts. If you’re … Continue reading Mortgages and Related Security… How Are You Liable? (Part 1 of 9) info@barrymcguire.ca (Barry McGuire)noPodcast Episode 1: “Mortgage Basics 1/9 – History Is No Mystery.” Mortgages are a fact of life for most people buying and selling real estate. For the first episode of the Tales from the Trenches podcast, we’re going to talk about some of the background and history of these all important legal contracts. If you’re … Continue reading Mortgages and Related Security… How Are You Liable? (Part 1 of 9)Barry,McGuire,Barry,Maguire,Barry,MacGuire,Barry,McQuire,Barry,C,McGuire,real,estate,real,estate,tips,investment,tips,tips,for,real,estate,investors,how,to,buy,real,estate,how,to,invest,in,real,estate,property,investor,investment,investing