Episode #39 - What are assignments/wholesales?

With more assignment sales being seen, this weeks Ryan's Ramble comes at a perfect time!

Ryan gives an overview on what an assignment/wholesale deal is along with a very important step that needs to be done when taking on this lucrative real estate business venture.

This is to make sure that in the original Agreement of Purchase and Sale (APS) with the homeowner, it is stated that you have permission to assign the deal. If this is not done, an amendment will need to be completed afterwards.
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Information on how the GST/HST applies to the assignment of a purchase and sale agreement.

https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/gi-120/assignment-a-purchase-sale-agreement-a-new-house-condominium-unit.html

Episode #40 - Patents … When should I apply and what is the application process

We're back to discussing Intellectual Property (IP) this week!

Erika Warren, one of our IP lawyers gladly joined us to talk patents.
When it comes to a patent, you should apply for one before your design is publicly disclosed.

We at Carson Law are always happy to answer any questions you have about Intellectual Property or the other areas of law we practice.

Episode #41 - Copyrights - when should I apply and what is the application process?

More Intellectual Property (IP) this week on Ryan's Ramble. Erika Warren is back! With Copyrights, an application is usually started when a work in progress is had.

For more information, please visit:

https://www.ic.gc.ca/eic/site/cipointernet-internetopic.nsf/eng/wr03915.html

We at Carson Law are always happy to answer any questions you have about Intellectual Property or the other areas of law we practice.

Episode #44 - Top three criteria for a good rent-to-own

There are many different ways to view what a good rent-to-own (rto) property looks like! This week, Ryan goes over the main criteria of what to look for from a legal standpoint.

1. Make sure there is a properly drafted: purchase agreement, rental and tenancy agreement, and option to purchase agreement

2. A good credit check and screening process in place

3. A strong power team to help you → mortgage broker, insurance broker, real estate coach for guidance and experience and a good lawyer who understands what a rent-to-own is.

Please give us a call if you need help putting together your power team!

We are the REAL ESTATE INVESTOR LAWYER 👊

Episode #45 - First time Real Estate Investor mistakes

First time real estate investing can be a lot of trial and error in the beginning. From the legal side, we often see these mistakes from first time investors.

1. They do not have a coach/mentor. This is important that an investor should educate themselves and learn about other's experiences. Where other investors have succeeded and failed.

2. They are afraid to get their power team involved in the deal early on.

Carson Law is here to help, for we are the Real Estate Investor Lawyer!