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Can mortgages make you rich?

Investors I speak to these days aren’t too troubled by low interest rates or the inability to find safe, reliable income. That doesn’t mean they’ve parked their cash and let inflation erode their portfolios. Instead, they’re cashing in on the double-digit returns of Mortgage Investment Corporations, known as MICs (pronounced MIC as in Mick Jagger).[…]

10 must-use online mortgage calculators

Most of us know what calculator to use for that basic mortgage calculation—the amount you pay each month in relation to the home price, your amortization period and term and the prevailing interest rate. But what about those more complex calculations, such as the cost to break your mortgage or the ability to compare three[…]

Secrets of the rich: Use other people’s money

Want to build a real estate empire or grow a business from scratch, but you don’t have the cash? Try a little leverage. Borrow to buy real estate It was the mid-1980s and D.G. Southen was only 24 years old when he bought his first investment — a house near the University of Western Ontario[…]

The easy way to become a landlord

Next time you move, consider keeping the old place as a rental property. You could earn thousands in passive income. Karen and Keith Anderson have never felt better about their finances. They’re sitting on more than $2 million worth of real estate, and they just gained thousands of dollars a year in passive income. And[…]