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Archive for the ‘Investor Tips’ Category

A lot of people come to me talking about the ‘gross rental multiplier’ on a single family home, or about how important it is to get maximum cash flow, or how they won’t look at properties under a certain capitalization rate.
Poor planning is the downfall of many would be investors. Maybe they don’t know [...]

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It used to be that you could work for a company for 45 years, and retire with a pension to meet your needs, and a gold watch to match.
Nowadays, there is no such thing as job security, and and any pension or government funded retirement plans are likely not enough to keep you living the [...]

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Last week at Toastmasters, our club president gave a speech about Registered Education Savings Plans (RESP).
He determined that the cost of a 4 year post secondary degree, away from home, will be well over $100,000 in 15 years (he estimated as high as $180,000, but that may have been a US statistic). The RESP [...]

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Back when I was working in a large financial management brokerage (which means I was working with a team of stock brokers), I remembered being shocked at how small people’s portfolios were when they approached retirement.
A very common situation was:
Married couple, sixty years old
Making $100,000+ year combined
$500,000 in RRSP and other stocks, bonds and mutual [...]

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That’s right, it’s time for another one of my famous Millionaire Real Estate Investor workshops, where we explore proven models for building wealth and helping people reach and exceed their retirement goals.
You will learn how Millionaire Real Estate Investors have built wealth; see the long term difference between investing in stocks and real estate; learn [...]

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On Monday, Sarah and I closed on an ‘investment-grade’ condominium in North Waterloo. There were some mild theatrics associated with the closing (i.e. where was the other side’s lawyer on Friday when we were to close the deal? Canoing ? Lawn bowling ? Enjoying a lazy Friday afternoon at Morty’s ?) [...]

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Top 10 Reasons to Invest in Kitchener Waterloo Real Estate
1. Low Interest Rates – currently we have very low interest rates – although there is a slight upward trend right now – which makes NOW a great time to invest.
2. Great prices – In the past month, I’ve helped clients buy investment properties for $118000, [...]

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This past week I had the pleasure of spending two days learning with internationally acclaimed speaker (showman?) and Keller Williams University faculty member Rick Barnes. Among the many things Rick taught me was The Power of One.
The Power of One is the Pareto Principle (or the 80/20 rule) taken to the extreme. Instead [...]

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To be successful, you should surround yourself with people who know more than you do. This age old maxim applies to real estate investing.
No matter how business savy you may be, it is unlikely that you know the ins and outs of the local Kitchener Waterloo real estate market, investment financing and commercial mortgages, [...]

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Real Estate Investment Myth #1 : “‘I can’t buy that property because I don’t have a (big enough) downpayment”
This past week I had the good fortune of helping a client buy the real estate investment property they are currently renting in. It’s really a great story how it all came about.
The Reitzel team in [...]

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