|
WHY WOULD YOU BUY AN INVESTMENT WITH AN AGENT THAT HAS NOT EXPERIENCED BEING AN INVESTOR THEMSELVES?
Go To: I WANT INVESTMENT HOMES
Click on this Link to Start!
All of us wish we had a crystal ball that could tell us the future...
All of us at one time or another have said;
"If I could have, or, I should have..."
Most of us didn't do it and wish we had.
Real Estate is one product that generally appreciates in value over time.
Most other products depreciate over time.
I can show you Canadian Statistics to prove this.
If the local Real Estate market drops - One must be able to hold onto the investment & have the cash flow to get through the rough times. Can you do this?
Hold on to make money on the investment.
There are generally two types of residential Real Estate Investments:
1. Long Term (holding & renting/leasing to build equity and pay off the mortgage), or
2. Short Term (Flipping - usually after repairs and upgrades for a profit).
We all want to buy low and sell high.
If you make an offer that is too low they may not counter offer your offer and stick to their list price - eventually selling to someone else? Or, they may get "insulted" and refuse to work with you.
Knowing the fine art of negotiation while being reasonable always pays off.
FORECLOSURES & GET RICH SCHEMES
Be careful of the "Get Rich Quick Schemes."
All the books out there don't help. Most are from the USA therefore many of their tax & mortgage rules are not applicable here in Canada. Many of the courses are from the USA. Their systems are different than ours in Canada! Trust me!
(I wish they were the same!).
You get what you pay for in most cases.
Most people do not get rich quick...
Start Small and Start Smart!
There is nothing wrong with paying "fair market value" for a property if you plan on holding it. If history repeats itself - After a few years ( the Renters pay down your mortgage during this time), with the normal rise in prices you will likely make some money...
As an example my last two personal homes doubled in value in approximatley 7 years time. The profit is ZERO taxable! That is a good investment - Don't you think?
If you are serious & realistic about investing in real estate then give us a call - we can help you. If you are just starting to think about investing in real estate - call us we can do coffee and give you some ideas! We have been there ourselves!
We have walked the walk - We too have invested in Real Estate.
Facts & Advice - Our Specialty!
|
