Common area maintenance charges, or CAM charges, are a routine aspect of commercial property maintenance and expenditure management. When executed properly, common area maintenance charges allocate a share of property maintenance expenses to each commercial tenant.
Did you know there’s a program that allows you to use your RRSP to help come up with your downpayment to buy a home? It’s called the Home Buyer’s Plan (or HBP for short), and it’s made possible by the government of Canada. While the program is pretty straightforward, there are a few things you need to know.
When calculating if you can afford to purchase a property, don’t just figure out a rough downpayment and quickly move on from there. Several other costs need to be considered when buying a property; these are called your closing costs.
Carla Browne is the Operations Manager for Real Property Management LP. In this episode we discuss national vacancy rates and the effects Covid has had on the Canadian rental market. We also talk about why now is a good time to invest in single family rental properties.