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Welcome

Wel­come to our site.

This is the home of the book “The Sim­ple Solu­tion to Cana­dian Real Estate Invest­ing — Rules for Play­ing the Real Estate Game to Win.”. The pur­pose of EasySafeMoney.com is to show you, the aver­age per­son out there, the sim­ple, low cost ways to increase your per­sonal net worth by pro­vid­ing you with a finan­cial edu­ca­tion. Feel free to fol­low us on Twit­ter.

How can I say such a thing?

Years ago I was run­ning my own com­pany, my wife was also self-employed, we had two kids and life was fairly good. Then we got into a seri­ous car acci­dent and life was about to change…

Being self-employed meant our on-paper income was low, so things like dis­abil­ity insur­ance was worth­less (as it’s based on your income). It also meant that if we didn’t work, we didn’t eat. Banks wouldn’t lend us much money, we weren’t able to work the way we used to, we had no safety net…

Some­thing had to change, and change quickly…we had some sav­ings, but it wouldn’t last long…

Thus began my incen­tive to learn about mak­ing money with­out any money…and get­ting money work­ing for me, instead of work­ing for money. A finan­cial edu­ca­tion is some­thing that is lack­ing in today’s world, we are only taught to be good employ­ees, and when the sys­tem fails…well, we’re on our own.

Years later, I’m proud to say I’m still stand­ing, with four kids…my income, on paper, is still next to noth­ing, but my net worth is sub­stan­tial. I now own sev­eral prop­er­ties that I bought with­out any money, I have a pos­i­tive cash flow from each, and I’m always look­ing for more.

I also invest in the stock mar­ket, own com­pa­nies, and have just pub­lished my first book. I, unlike most peo­ple, have become diversified…or spe­cial­ized. You see, I’ve spe­cial­ized in hav­ing money work for me. I don’t usu­ally invest for cap­i­tal gains, I mostly invest for cash flow.

What I learned wasn’t all that dif­fi­cult to do.

For years I’d been hav­ing the same con­ver­sa­tion with fam­ily and friends on how I did it, to the point that I was get­ting tired of repeat­ing myself, so I decided to write a book…

As I came to the end of writ­ing, I real­ized that the book only cov­ered a part of the jour­ney, and that I needed a more “liv­ing” tool, to con­tinue the jour­ney with…and thus, EasySafeMoney.com was born. This site is intended to show you the thought process I use in eval­u­at­ing and buy­ing prop­er­ties, as well as other invest­ments and businesses.

I don’t claim to be an expert, nor a pro­fes­sional invest­ment advi­sor. The exam­ples I’ll give have usu­ally been highly sim­pli­fied, and should not be con­sid­ered advice. Also, I don’t rec­om­mend that you invest in any­thing I talk about with­out doing more research first, and talk­ing to an expert about them. The ideas expressed on these pages are my own, and could even be wrong, though it wouldn’t be inten­tional, and are designed to edu­cate you in finan­cial matters.

To those of you who find some ben­e­fit from what you read

Please bear in mind that I’m just some guy, much like your­self. I write all this stuff, in hopes of edu­cat­ing you, in my free time. I would like to be able to post more mate­r­ial in this way. So, please help me keep this being a good idea. I can’t stop you from read­ing this site for free; all I can do is politely ask you to make a dona­tion, enjoy the site, and let other peo­ple find it in the same way, bet­ter yet spread the word of our its existence.

You can also sup­port this site by click­ing on the adver­tis­ers, or pur­chas­ing a copy of my book “The Sim­ple Solu­tion to Cana­dian Real Estate Invest­ing — Rules for Play­ing the Real Estate Game to Win.” You can order by click­ing on the Blurb link below…

 

Rules for Playing …
By William A. Radvanyi

Any adver­tis­ers along the side are ones that can legit­i­mately save you some real money. I’ve used them myself.

E-book ver­sion

We have released the e-book ver­sion of “The Sim­ple Solu­tion to Cana­dian Real Estate Invest­ing — Rules for Play­ing the Real Estate Game to Win.” you can buy a copy from Smash­words or iTunes if you’d like for $12.99 USD.

Permanent link to this article: http://www.easysafemoney.com/

Alert — Scam Artists working in Edmonton

There is a young fam­ily of scam artists who are cur­rently work­ing in Edmon­ton, hav­ing arrived from BC. If you cur­rently have a vacant place, you should read this arti­cle, they are very nice and make a good impres­sion. http://www.cbc.ca/news/canada/british-columbia/story/2013/01/18/bc-badtenant.html

Read more

Tips for Tenants

I’ve screened a lot of ten­ants over the years, so I thought I’d give a few tips to prospec­tive ten­ants which may help increase their chances of a land­lord rent­ing to them. Don’t lie Seems pretty sim­ple, but you wouldn’t believe how many peo­ple try it. We all have flaws, but lying about them means I …

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REITs

I’m not a big fan of REITs. Many peo­ple think that invest­ing in REITs is the same as buy­ing prop­er­ties with­out the headaches of hav­ing to deal with ten­ants, banks, etc. The returns seem to be pretty good, when com­pared to stocks, or GICs but, in real­ity, the own­ers of the REITs are mak­ing a …

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New way to pay — INTERAC e-Transfer

There are many ways you can have your ten­ants pay rent. In my book, I cov­ered many of the basics but, over the past few years, I’ve devel­oped my new favourite method of pay­ment the INTERAc e-Transfer. The INTERAC e-Transfer is basi­cally an elec­tronic money order that comes right to your email account for deposit. …

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Document Everything

I real­ize it’s been a while since my last post­ing, but life has a way of get­ting in your way. Hope­fully, I’ll get back to a more reg­u­lar post­ing sched­ule soon, but then again I may run out of things to say… Recently, I once again had to go through the evic­tion process. This was one …

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Investing professionally

I was hav­ing lunch the other day with a friend. We got to talk­ing about our kids and his son, who is about to enter uni­ver­sity is con­tem­plat­ing careers. One of the things his son was think­ing about was becom­ing a pro­fes­sional real estate investor. Ulti­mately, it sounds like the dream career…not a lot of …

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Tax Time Tips for Real Estate Investors

Well, we’re get­ting close to that time of year again where taxes need to be filed and paid. If you own any busi­ness or real estate, you don’t really get to keep any more money than if you earned a pay­cheque. Money doesn’t seem to work that way. There is one dif­fer­ence though between being an …

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Low end investing

I was hav­ing lunch the other day with a friend and we were dis­cussing real estate. He knew a guy who had a high-end place which he rented (fur­nished) for around $4000/month, I believe he paid some­where around $500,000 for the place. It turned out, that this guy has, shock­ingly, the same prob­lem with ten­ants that …

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