The Benefits of Living in an Unfinished Basement for a Year

By: Elixir Real Estate Inc

The Benefits of Living in an Unfinished Basement for a Year

Tags: Homeowners, Unfinished Basement, Homeowner Tips

You have just purchased a low-rise pre-construction home. And while it may be tempting to create an additional living space in the basement, I want to advise you why it's a good idea to wait at least a year before finishing it. Give the time to Uncover Deficiencies  Moving into a new house can be overwhelming, and there are likely many things you still need to learn about your home. By w...Read More

Real Estate Pre- Qualification: Setting Yourself up for Success

By: Elixir Real Estate Inc

Real Estate Pre- Qualification: Setting Yourself up for Success

Tags: Real Estate Blog, Home Buying Advice, Mortgage Pre-Qualification, First Time Home Buyer, House Hunting Tips

The idea of buying a new home can be incredibly exhilarating, and it's natural to want to jump right in and start checking out properties. However, I want to tell you that this may not be the best way to start your real estate journey. The first and foremost thing that every buyer should do is work with a credible lending institution or bank and get pre-qualified for the principal that they c...Read More

Building Wealth Through Buy and Hold Real Estate Investing

By: Elixir Real Estate Inc

Building Wealth Through Buy and Hold Real Estate Investing

Tags: Real Estate Investing, Buy and Hold Strategy, Wealth Building, Passive Income, Long-term Investment

This strategy involves purchasing a solid real estate asset in a desirable location and holding onto it for an extended period of time to build equity. Recurring Cashflow One of the key advantages of this strategy is that it can generate a recurring cash flow. Once you make the initial investment for the down payment and closing costs, you can expect to start earning rental income from the very n...Read More

From Fixer-Upper to Big Profits: The Art of Flipping Houses

By: Elixir Real Estate Inc

From Fixer-Upper to Big Profits: The Art of Flipping Houses

Tags: House flipping, Real estate investment, Fixer-upper properties, Renovating houses, Profitable house flipping

In Real Estate, there are multiple ways to make money as it is a tangible asset that offers opportunities for consistent cash flow through rental income. This allows property owners to hold onto the property, giving it time to grow in equity value over time, which happens with the market's behavior. With the Canadian economy being driven by immigration, Real Estate will become even more prime ...Read More

Top 5 Benefits of having a Walkout Basement in your Home

By: Elixir Real Estate Inc

Top 5 Benefits of having a Walkout Basement in your Home

Tags: Walkout Basement, Home Improvement, Real Estate, Basement Renovation, Property Value

As property owners or buyers, we all want our homes to stand out from the rest and have features that are universally appealing. And one such feature that can make your property shine is a walkout basement. But what exactly is a walkout basement and how does it make a difference? Unlike traditional below-grade basements that have smaller windows and limited access to natural light, walkout baseme...Read More

Buying a Home: Why Location is the Key to Making a Smart Investment

By: Elixir Real Estate Inc

Buying a Home: Why Location is the Key to Making a Smart Investment

Tags: Real Estate, Home Buying, Property Investment, Location Matters, Smart Investment

  The most critical factor responsible for growth or Return on Investment in Real Estate - The Location.  You will always find someone saying or must have come across in your reading at some point in time - Location.. Location.. Location.  After dealing in Real Estate for seven-plus years now, I can attest to that. Location, by far, is the most important aspect which determines th...Read More

Luxury Living with a view: The appeal of Homes backing onto Ravines

By: Elixir Real Estate Inc

Luxury Living with a view: The appeal of Homes backing onto Ravines

Tags: Premium Real Estate, Scenic Views, Private Backyard, Property Value

  In Real Estate, we see multiple lot outlooks and property styles with their appeal. Nothing beats a property backing onto Ravine, a pond, a park or a wooded area. We will explore why such properties stand out and are suitable investments.  Real Estate lots backing onto a Ravine, a creek, a park or a stormwater management pond, etc., provide a calm and relaxed vibe in the backyard spa...Read More

Building the Wealth through Real Estate: Understanding the 5 Key reasons why it works

By: Elixir Real Estate Inc

Building the Wealth through Real Estate: Understanding the 5 Key reasons why it works

Tags: Real Estate Investment, Building Equity, Passive Income, Property Appreciation

In this article, we will explore how this strategic investment can help you build equity and amass wealth over time. By the end of this read, you'll have gained valuable insights into the world of real estate as an exceptional vehicle for investment. Consistent Cash Flow - Once you take a plunge and invest in a suitable Real Estate property, it provides you with a constant stream of monthly i...Read More

5 Cost-Effective Tips for preparing Your Home for Sale

By: Elixir Real Estate Inc

5 Cost-Effective Tips for preparing Your Home for Sale

Tags: RealEstateTips, HomeSellingStrategies, HomeSellingTips, PropertyStaging

Updating your property before listing it on the Market helps you get the best value for your Real Estate. I often meet homeowners, and they are scared due to the enormous costs which might be involved in doing the same. Today we will discuss the most affordable suggestions to make your property look more appealing and saleable.  Real Estate is, by and large, the biggest investment, and when ...Read More

Understanding the Impact of Progression and Regression on Real Estate Investments

By: Elixir Real Estate Inc

Understanding the Impact of Progression and Regression on Real Estate Investments

Tags: Real estate investments, Progression and regression, Investment analysis, Market trends, Property valuation

In this writing, we will discuss two crucial concepts for Real Estate Investing, the Principle of Progression and Regression. These two make a lot of difference in the outcome of our investment. Let us understand how.  Principle of Progression  This principle of Progression states that the presence of superior homes around a property increases the property's value. Essentially the t...Read More