I just didn’t see it. When I purchased my first investment property in 2007, I didn’t know what I was getting myself into. I heard from everyone that real estate was a great investment, and I went along with that advice blindly.
Driving a vehicle in Canada isn’t as simple as just putting the cash down and driving your new ride off the lot as you test the sound system. In order to operate a vehicle legally it has to be insured. Before you take that step, you must first get a vehicle inspection (also known in some places as a “safety”) done in the province you are looking to insure your car or truck in.
Everything is set and you’re ready for your trip. Suddenly, a global disaster hits and you’re nervous about that upcoming adventure. You don’t want to get on an airplane out of fear of a terrorist attack, mass shooting, a global disease, or general uneasiness. You would much rather stay home where you feel safe. You don’t want to lose your hard-earned money either. So what do you do?