Beware of the Withholding Tax Trap
The Risk You Didn’t Think of Before Lending to a Foreign National (hint – it’s not fraud!) Canada has a worldwide reputation for being a great place to invest in real estate. Growth in our economy and rising housing prices are fueled by foreign investment and of course, immigration. Our banks all have “New to […]
The First (and perhaps most important) Rule of Private Mortgage Investing.
If you want to lend money to people as an investment, the first step is finding the people who need the money. One of the biggest advantages to being a private lender is the luxury of being picky about who your money gets lent to. For every 100 applications we see at Magnetic, we only […]
The Number One Reason Investors Fail.
Like with most things in life, the number one reason investors fail is their inability to do the right planning and preparation before they invest. Investing is about getting there, nothing else. It’s not about entertainment and it’s not about having a good time. It shouldn’t be like riding a roller coaster either. […]
