Why Canadians are Ditching Domestic Investments with Andrew Hines

May 3, 2024

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In Episode E273B, I share what’s been on my mind in the investment world. It’s a timely check-in on what’s working, what’s not, and the broader investment landscape.

Firstly, let’s talk about the challenges in Canada. Many investors are looking abroad due to frustrations with the capital gains tax increase and policies that seem to favour institutional ownership over individual landlords. This shift could eventually lead to a landscape dominated by corporate players, so adapting business-like operations could be key for small landlords to thrive.

Today, I also want to highlight some positive opportunities, especially in Ontario. Despite the challenges, there are entrepreneurs making substantial moves. For instance, there’s a massive development in the Bruce Peninsula area turning 60 acres into a mix of residential units, which is quite the endeavor in the current climate.

Lastly, I dive into my activities in Florida, where we’re seeing traction with several properties. It’s about staying diligent, negotiating where possible, and leveraging opportunities to maximize returns.

Whether it’s discussing market trends, development projects, or sharing personal investment moves, these episodes are here to give you a raw insight into my real estate journey.

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Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr