Tag Archives: Canadian

Announcement: RCMP commends Navtaj’s article on Grow up Houses

Navtaj Chandhoke is a Canadian-based real estate investor, speaker, author and educator. He is the founder of the Professional Real Estate Investors Group (PREIG) Canada and World Wealth Builders leading real estate investor’s education, support, network and mentoring program. He has been proving real estate education since 1993.

On April 27th, Navtaj Chandhoke received an email from RCMP’s Communication Strategist of Serious and Organized Crime, Marc-Andre Massie. This email stated that they commend his recent article in reference to the RCMP’s strategy to combat illegal marijuana grow operations and the related organized crime groups. The Professional Real Estate Investors Group (PREIG) Canada is supporting the RCMP initiative and is engaged with promoting the Marijuana Grow op houses Initiative (MGI).

In this article, Navtaj Chandhoke stressed that every Canadian Real Estate Investor should always do their due diligence and if required, check the RCMP website to verify if the property has ever been a Grow op houses. Grow op houses can be health hazards causing problems such as mold. Due to the nature of this crime, it has the potential of devaluating the property prices as well as the value of all the properties in the neighbourhood which in return will affect any investment strategies.

Every province has different laws, in many cases it is not part of the law to give full or even partial disclosure to the new home buyer or the real estate investor.

The majority of Canadian Real Estate investors prefer to invest in safer communities where they can create good rental pools for people who prefer to rent or lease.

The RCMP is launching the website to let Canadian’s know which properties were grow ops, which can raise a red flag. The RMCP is also seeking approval from Navtaj Chandhoke to reference his articles into their monthly MGI, which gets sent to their entire force. They have also requested to continuously receive more insights from Navtaj about upcoming events, information and support that would benefit the RCMP.

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Announcement: Acquiring Tax Sale properties in Canada

Secrets of Super Wealthy Professional Real Estate Investors part 1 of 10

Many provinces in Canada levy property tax on Real Estate based upon the current use and value of the land and this is the major source of revenue for most municipal governments in Canada. While property tax levels vary between municipalities in a province there is usually common property assessment or valuation criteria laid out in provincial legislation. The municipality has the right to collect property taxes owing even if they have to sell the property to recuperate the property taxes owing. These properties are never listed on MLS or Real Estate Brokers. This is another secret of super wealthy Professional Canadian Real Estate Investors and or Apprentices to acquiring Tax Sale properties in Canada.

Acquiring Tax Sale properties in Canada

The secret of super wealthy Canadian Professional Real Estate Investors and or Apprentices have used this secret to build huge wealth. The city or municipalities are not required to sell these properties at market value, instead they sell them for the amount of taxes owing. This way the Professional Real Estate Investors can buy a property for 10 cents a dollar. The key is to learn the act, law and the process to find and finance them and than make a great fortune.

Acquiring Tax Sale properties in Canada

What is a Canadian Property Tax Sale

Simply put, tax sales are public auctions where properties are sold to the highest bidder.  Throughout the year, cities, towns, villages, townships and municipalities, in each province, compile a list of properties against which taxes have been outstanding for at least two consecutive years.  After this two year period, the municipal treasurer prepares a tax arrears certificate and registers it against the property in question.

This certificate gives an accurate description of the property and indicates that the land will be sold by public sale if all taxes are not paid to the municipality within one year of the registration of the certificate.

In spite of the municipality's efforts to collect these taxes, they often go unpaid and the properties are put up for auction, allowing the public and the super wealthy Canadian Professional Real Estate Investors and or Apprentices the opportunity to purchase these properties and this is how you get real bargains.  Property can be bought for as low as 10 cents on a dollar.

Professional Canadian Real Estate Investors and or Apprentices can buy property "free and clear" at a tax defaulted deed auction. These taxing agencies sell property to the highest bidder in an effort to recover the original taxes and costs due.

 Why the Canadian Property Owners don’t pay their Property taxes?

There are many reasons why properties are sold for non-payment of taxes. Some of the most common ones are financial difficulties, law suits, ignorance, death of an owner (with no apparent will or heir), owner living abroad and not realizing his/her obligations, owner moved and cannot be traced, disputes of ownership with no party resorting to the courts for settlement, etc....

How to become a Professional Canadian Real Estate Investor and/or Apprentice

Proper education and training makes all the difference!  By becoming an Apprentice of World Wealth Builders and a member of the Professional Canadian Real Estate Investors and or Apprentices website, you will have access to: 

  1. Current Listings of Tax Sale Properties being sold for delinquent taxes
  2. Sheriff sales (property seized by local authorities)
  3. Canadian Grants

The Property Tax Sale advertisements are gathered directly from many different sources including the websites of the city and the provincial courts. 

What kind of properties get SOLD In Canadian Tax sales

They can include vacant lands (such as bush lots and timberland), improved lands (such as farms, cottages and houses), commercial or industrial properties, and occasionally islands. They vary from small lots to large parcels, with hundreds of acres. 

How do the Professional Canadian Real Estate Investors and/or Apprentices BUY these properties at basement bargain prices

First you have to learn the proper law, act and its implementation including the exemptions. Proper education, training and knowledge in order to obtain where, when and how to do it is mandatory unless otherwise you want to buy a lemon....

There are two ways in which tax authorities sell properties: either by public auction or public tender, with sealed/closed bids.

Public Auction for Canadian Tax Sale Properties

This format is similar to other auction formats.  An auctioneer accepts bids from several bidders and then recognizes the highest bidder as the winner.  The place, date, and time of the auction will be clearly defined by the municipality and can be found in the auction advertisement on our website.

If you are the highest bidder, you will be required to pay the amount that was bid and any applicable land transfer tax to the auctioneer by money order, bank draft or certified check.

Public Tender for Canadian Tax Sale Properties

If you wish to submit a tender, you can ordinarily obtain a tender form the municipal office, which will be identified in the sale advertisement on our website. Your submitted tender should be accompanied by a deposit, usually 20 percent (but specified by the sale advertisement) of the tender amount, in the form of a money order, bank draft or certified check.

Your tender form, along with the deposit, should be enclosed in a sealed envelope, which is labeled as "tax sale for" and a short description or municipal address of the property to indicate which property the tender is for. Then, enclose that envelope in a second envelope, addressed to the treasurer of the municipality, as indicated in the sale advertisement and on our website.

The above article provides general commentary of an educational nature. It does not constitute advice for any specific person or any specific set of circumstances. Because circumstances vary, readers should consult professional advisers in order to obtain advice that is applicable to their specific circumstances.

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Down Payment Assistance Program in region of Peel

Down Payment Assistance Program, What is the The Down Payment Assistance Program in region of Peel ?

 

The Region of Peel’s Home in Peel Affordable Ownership Program is designed to provide low-to-moderate income residents who are currently renting a unit with the opportunity to qualify for down payment loan assistance.down payment assistance program

Tax Credits For Canadians

“Canadians should take advantage of all eligible tax credits and deductions. In Canada, federal, provincial and territorial governments offer a variety of credits aimed at reducing the amount of taxes” says Navtaj Chandhoke, founder of  World Wealth Builders, a Canadian real estate Investors training centre serving Canadians since 1993. “Canadians owe; however, in order to take advantage of tax credits, they must be identified and claimed on your tax return and get proper advice from Canada Revenue Agency and or their Tax professionals”.

tax credits for canadians

Some often overlooked tax credits and deductions are as follows:

Apprenticeship Job Creation Tax Credit: Businesses that employ an apprentice in a skilled trade are eligible to receive a non-refundable tax credit equal to 10 per cent of the salaries and wages paid to the apprentice (or up to $2,000) in the first two years of an apprenticeship contract (registered with the federal, provincial, or territorial government).

Educational Examinations Tax Credit: Many students who acquire a professional status must pass a licensing exam which would carry an additional expense. Students who paid a qualifying institution to take an examination, in addition to their tuition fees, can generally claim this expense as a tuition tax credit.

Textbook Tax Credit: Textbooks for post secondary education can cost upwards of $200 per book. Students can claim textbook expenses up to $65 per month of study for full-time and $20 per month of study for part-time students.

Tradepersons' Deduction for Tools: Many tradespersons must purchase tools up-front in order to earn employment income. Meeting the criteria for this tax deduction allows a tradesperson to expense up to $500 of the cost of eligible tools - including any GST or HST provincial sales tax, or HST paid - in their tax return.

Children's Art Tax Credit and Children's Fitness Tax Credit: Many Canadian children are involved in extracurricular activities. Parents are entitled to claim two tax credits of up to $500 each for each child under the age of 16, to cover expenses related to the cost of a child's registration or membership in an eligible artistic, cultural, recreational or developmental activity and/or programs that endorse physical activity (such as hockey, dance, soccer, etc).

Caregiver Tax Credit: Canadian families that are providing in-home care for a dependant adult relative, including an aging parent, or other relative with a physical or mental impairment, may be eligible for a caregiver tax credit provided the dependant's net income is below certain threshold amounts.

Tax Cheats are regularly investigated based on tips the public provides to the Canada Revenue Agency (CRA) the federal government department responsible for making sure people declare all of their income when they file their returns.

One program, known as the Informant Leads Program, allows people to provide information to the agency while protecting their identity. The program’s website encourages spouses to get in touch with details that reveal someone’s net worth, such as documents showing ownership of cottages and boats.

It’s one of the many tools the Canada Revenue Agency (CRA) has at its disposal for trying to recover the money it is legally owed so the government can spend it. Canada Revenue Agency (CRA) employees have a complex algorithm they use to identify who is most likely cheating on their taxes. The details of what they look for, however, are kept secret so as not to tip off the cheaters.

tax credits for canadians

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Wholesaling Apprenticeship Canadian Real Estate

What does a developer look like? No, they do not look like big fat cats that are untouchable and up on some sort of real estate investing pedestal. Well, I’m sure there are some like that, but my point is, they look like you and me.

As a real estate investor, we must think outside of our box. If we have only been a small time, one of, small portfolio type of investor, well that’s OK. However, it is also very important to think bigger.

Wholesaling Apprenticeship

If we want to create massive and passive income for ourselves we can do it over a long period of time or we can perhaps create wealth more quickly. We can expand our knowledge to be able to understand the benefits of controlling not just one property, but many at the same time.

Wholesaling Apprenticeship

Major Misconceptions of most Investors

Three major misconceptions most real estate investors have are:

  1. Big deals never come to small real estate investors like me. (not true; if you know how to talk the talk, most builders will be happy to work with someone who can help unload unsold inventory)
  2. The town planner would never take their time to meet or talk with me. (town planners are happy to speak with real estate investors that can help both realize what the town’s future plan has in mind and help to beautify the town with nicer properties)
  3. Getting zoning changes from the municipality is virtually impossible. (if the changes are in keeping with the town’s expansion plans, then it is very easy you just have to educate yourself on what the plans are and the time-line involved)

Wholesaling Apprenticeship

The World  Wealth Builders Wholesaling Apprenticeship is an exciting and unique opportunity to learn how to become a developer. You will learn how to create massive and passive income for yourself through over 50 specific strategies. The understanding of the acquisition process of multiple properties, dealing with municipalities etc., can give you a major advantage as a real estate investor.

You will also be learning about city zoning bylaws, working with the town planner, understanding the city border lines, and how to use them to your advantage. You will learn to not only be a developer, but a pawn broker of real estate, allowing you to control or buy massive amounts of properties at a huge discount.

To obtain more information about our upcoming Wholesaling Apprenticeship please send an email to [email protected] or go to www.WorldWealthBuilders.com/live.html

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Regular Tuition Fee - $9995*
Special Price for Live Presentation - $4995* (For dates and times check our calender)

To Register Click Here
*+ applicable taxes (GST/HST)

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Canadian Real Estate Investors Training LIVE

Flip Houses make Instant Cash

New Strategies for Canadian real estate investors

Canadian Real Estate Investors Training LIVE are quite common for Canadian Real Estate Investors. Canadian Real Estate Investors Training teaches how to use  borrowed all the money required to acquire the investment to write off all the interest. Canadian Real Estate Training teach investors how to use other people money, Government grants, rebates and tax credits.Canadian Real Estate Investors Training LIVE

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Canadian Real Estate Speakers

Canadian real estate speakers: We can bring you headliners, keynote speakers, Canadian real estate seminar speakers,  mortgage speakers, CREA  approved instructors, workshop leaders, breakout speakers, and more.

We do all of the research for you, making your job of selecting the right speaker as easy and efficient as possible. Our customized service is designed to save you time, money and hassle while getting you the best and most appropriate programs for your audience.

Canadian Real Estate Speakers

Canadian Real Estate Speakers

Navtaj Chandhoke

Canadian real estate speakers:

Navtaj Chandhoke is a Canadian-based real estate investor, speaker, author and educator. He is the founder of the Professional Real Estate Investors Group (PREIG) Canada and World Wealth Builders leading real estate investors education, support,network and mentoring program since 1993.

Canadian Real Estate SpeakersThrough his extensive research and experience, Navtaj developed a comprehensive teaching program that began attracting attention in Canadian Real Estate Investors for its effectiveness and being in the trenches practicality.

Who is Navtaj Chandhoke

He has become a go-to person for national Real Estate magazines, television and radio whenever the discussion of investing in real estate creatively.

Navtaj continues to share his strategies through the Professional Real Estate Investors Group (PREIG) Canada.

Navtaj’s entertaining, humor and informative presentations have been attended by thousands of Real Estate investors across Canada. His secrets, strategies and techniques  have been developed and refined yearly for the last 30 years and are based solely on proven Canadian strategies that work in today’s market.

No Money Down, Forgivable down payment, Government grants for Canadians, Joint Ventures and creative Canadian real estate are few hot topices.

Navtaj Chandhoke  is known as one of Canada's leading Real Estate investment mentor and master trainer.

Brian Madigan LL.B.

Canadian Real Estate litigation advisor, mediator, arbitrator and trainer.

•Practiced law in Canada for  more than 25 years, over 1,000 court appearances, published over 1,200 articles on Canadian Real Estate
•Appears in court as a Canadian Real Estate Expert
•Over 5,000  Canadian Real Estate transactions
•Speaker, Canadian Bar Association; Lecturer, Law Society of Upper Canada; Instructor Bar Admission Course, Instructor for World Wealth Builders and Professional Real Estate Investors Group(PREIG)  Canada.
Canadian Real Estate SpeakersMr. Madigan has broad based experience in the real estate industry having processed over 5,000 transactions, many of which involved contentious legal proceedings. Although he brings the experience of a litigation background to his dealings, his role as an Arbitrator, Mediator and Chairman of Tribunals and Advisory Boards established by under the Canada Pension Plan and the Ontario Insurance Commission enable him to facilitate compromise and effectively negotiate satisfactory resolutions. Mr. Madigan employs innovative strategies to achieve superior results in difficult circumstances.

Mr. Madigan served as an Instructor and Lecturer in the Bar Admission Course and Continuing Education programs offered by the Law Society of Upper Canada and has published legal precedents relating to various types of real estate transactions. In real estate matters, Mr. Madigan offers litigation support services to law firms, realtors and consultants. He continues to write articles on the real estate industry which are published in local newspapers.

Prior to joining Royal LePage Innovators Realty, Mr. Madigan was a partner in a successful venture capital business providing advice and assistance to entrepreneurial Internet based businesses.

The community has served been well-served over the years by Mr. Madigan's contributions as a volunteer and Board member in numerous organizations including St. Michael's Hospital, Credit Valley Hospital Foundation, Erin Mills Baseball Association, the Learning Disabilities Associations in Peel Region and many others.

Areas of Expertise of Brian Madigan

Brian Madigan  practised law for over 25 years, primarily in the health care, pension and insurance sectors. My role consistently brought me into the real estate business, advising clients on the acquisition, disposition, and investment in real estate.

Over the last 20 years, Brian Madigan have participated in several venture capital and real estate companies with a primary interest in investment, management, and development of real estate.

Brian Madigan joined Royal LePage Innovators Realty Inc. in October 2005. I am working in both the commercial and residential fields. Brian Madigan have a wealth of experience to draw upon, including over 5,000 transactions involving real estate. Brian Madigan have provided professional advice to the following:

• Purchasers, Vendors and Mortgagees
• Investors, Pension Fund Managers
• Property Managers
• Real Estate Builders and Developers
• Contractors and Architects
• Insurers

The principles of real estate investment and achieving superior returns are relatively straightforward. The difficulty is applying them in particular transactions.
Brian Madigan believe that it is my role to ensure that my clients will make sound and informed decisions concerning the purchase and sale of property. 

Canadian Real Estate SpeakersRanjit Dhaliwal

•an award winning Mortgage Broker, an Investment adviser and President of Clarity Financial.

•A regular on CBC News world, CP24, CTV, City TV and BNN
Ranjit Dhaliwal has been quoted in the pages of The Toronto Star, National Post, Globe and Mail and the Calgary Herald along with various mortgage industry publications
•Co-Hosts the Friday Night Money Show on CHIN radio 100.7fm, every Friday from 7:30pm to 8:00pm, for the last 10 years.
Ranjit Dhaliwal sits on the Broker Advisory Boards of Equitable Trust, Street Capital and MCAP Mortgage Corporation.  Ranjit Dhaliwal also sits on CMHC’s Broker Advisory Board.
•One of Canada’s most successful and influential mortgage brokers

Who is Ranjit Dhaliwal

Ranjit Dhaliwal is an award winning Mortgage Broker, an Investment Advisor and President of Clarity Financial.Canadian Real Estate Speakers

 Ranjit Dhaliwal team’s goal is to measurably increase their clients’ NET WORTH – through EDUCATION, INSPIRATION & EXECUTION OF WEALTH BUILDING STRATEGIES, using their primary financial tool – their mortgage (or mortgages).

Ranjit Dhaliwal sits on the Broker Advisory Boards of Equitable Trust, Street Capital and MCAP Mortgage Corporation.  He  also sits on CMHC’s Broker Advisory Board.

Ranjit Dhaliwal

Mortgage Broker FSCO Lic. # M0800613

P.S. - It's in your moments of financial decision that your destiny is shaped!

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Are You Ready For The Upcoming Real Estate Boom?

Are You Ready For The Upcoming Real Estate Boom?

What? Real estate boom?real estate boom

Yes, it's coming. Maybe not tomorrow. Or next year. Or the next 100 years. But everything is cyclical so you know it's coming.

 

Are you ready for the upcoming Real Estate Boom?

Yes !real estate investors find bargains during the buyers market.There is always a boom in real estate.

Then you must attend upcoming Canadian Real Estate Investment apprenticeship

Register now

real estate boom

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Real Estate Webinar

Canadian Real Estate Investors Training Webinar-LIVE

Real estate webinar is the Only Hands On, Roll-up Your Sleeves, Let us-Get-To-Work, Here Is How You Do It, Begin-Making- More-Money-By-Time-you finish.

A Unique and rare opportunity to hear from
Canada's leading Real Estate Expert with proven track record.

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