How Much Do Property Managers Make?
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: https://www.mashvisor.com/blog/how-much-do-property-managers-make/
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
If you’re searching for a way to generate money in real estate, now’s an exciting time to undertake a career in real estate management. Property management is a
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283: Interest Rates Over the Last Decade
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: http://aipis.hartmannetwork.libsynpro.com/283-interest-rates-over-the-last-decade
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
[3:12] Interest rates are unpredictable, but things in which you can’t understand what’s going on driven them
Jason Hartman talks with economist Thomas about how interest rates in the past 10 years have compared to one another. The two explain how these past 10 years are compared to the past and interest rates can be difficult to forecast.
[] Interest rates back in 2010
[24:37] The #1 year for interest rates in the past decade
Website:
Key Takeaways:
www.JasonHartman.com/Properties
[20:43] 2015 constitutes the #3 spot on the list with interest rates averaging 3.85%
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New Report Says Toronto’s Housing The Least Affordable In Canada
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: http://feedproxy.google.com/~r/FirstRentalProperty/~3/pdM_W_G4RBA/
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
First time condo buyer in Toronto Canada.
If you’re a real estate agent looking to purchase your first rental property, you should also seriously consider condos in Toronto.
Opportunities exist for people to buy homes at reasonable prices in Toronto.
A new report has just been published by The Royal Bank of Canada (a.k.a. “RBC”)
Where every you end up investing, be certain that you don’t waste any time.
This home sold for $685,000. (Canadian Dollars)
Broadly , condos are a less expensive investment as the price levels are still lower than detached homes.
-Neil
Happy Investing!
You need to know where to search for these opportunities.
RBC, Canada’s #1 Bank is a respectable source. This leads me to believe that this report is accurate.
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268: Bridging the finance gap – how to get more from your joint venture deals
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: https://www.insidepropertyinvesting.com/podcast-joint-venture-deals-bridging/
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
Listen to the episode below: Ahead of the joint venture Q&A we held with Mo Haykir and Tom Thorns in February, we had a strict criteria for performing joint ventures. Whilst we would do the work for planning, conveyancing and refinancing, we anticipated our partners to bring ALL the cash for the purchase, renovation and […]
The article 268: Bridging the finance gap – how to get more from your joint venture deals appeared initially on Inside Property Purchasing .
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Renamed & Re-branded!
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: http://www.crei-academy.com/renamed-re-branded/
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
To create value and sharing with our clients and readers, wve renamed and re-branded. Do visit our new site to check out our new private mentorship programs and subscribe!
CREI ACADEMY GROUP is now known as A Bowl of Rice.
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8 Common Mistakes by Property Investors
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: http://www.crei-academy.com/8-common-mistakes-of-property-investors/
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
There are a couple of reasons casinos do this:
1. First, they want you to believe they are on your side. They are rooting for you. In a way, they’re. If you go to their casino and lose every time, they know eventually you’ll stop returning.
They want you to acquire from time to time to keep you coming back. Saying,”Good Luck”, and cheering when you win, are their ways of trying to convince you they’re on your team.
2. The second reason for their usage of both of these words is a bit more deceptive. The typical gambler believes you must be lucky to be a good gambler. The casino is more than delighted to perpetuate this myth.
There are no guarantees on any path to success in life, business or investments. Consequently, risk and education are often the mechanisms necessary for knowing more clearly if you’re on the right path.
Here we look at 8 common mistakes property investors make — and how to avoid them.
1. Over-hungry for investments
Everybody knows you should not go food shopping when hungry. And having said that, you should also prevent investing when hungry – Make financial decisions with a full stomach.
When we are hungry we tend to make more rash decisions. Make sure you are not in a hurry and are giving yourself lots of time to make your choice.
2. Cockiness and arrogance
Cocky is one thing. Smart is another. Just because somebody is ultra-rich it does not mean that they are also smart investors.
People are able to feel more confident in their own judgment — sometimes overconfidence and arrogance do mean the same thing.
This overconfidence could result in trading too much in investment portfolios, believing that you can time the markets, and to pursuing past performance.
Another trait called “action bias” is a part of the, when human beings believe that doing something is positive, and are prompted, for instance, to tinker with their investments. But doing something can cause more damage than doing nothing.
Obviously, as mentioned above, inactivity may also be harmful occasionally. The important thing is to have a rational process supporting your investment decisions and to stick to it.
Simply hire a property manager or ask the salesman to recommend one in case you lack connections. How nice.
It isn’t smart and it is not true. It’s complete idiocrasy if you think your property manager has your full interest at heart. They don’t and they never will.
Property expenses can easily be inflated with no knowing. And for all you know living in your ivory tower 10,000 miles away, your house is tenanted with a wanted criminal and your property manager never know or care. They’re a smokescreen to cover the complexities of investing in a whole foreign industry.
It’s the lazy means of investment. It is not investing. It is punting your property will see capital growth to cover likely rental losses and over-run property costs.
It is like paying someone hoping to conduct your startup company profitably while you sit at home watching Netflix.
Having said that, until you get to the scale of Disney or Novotel, you aren’t getting a great deal out of foreign property managers.
4. Confirmation Bias
People like to be proved right, and so seek out information that supports their notions.
This is known as”confirmation bias”. An investor will make a determination and find information that backs it up.
Social networking platforms such as Twitter and Facebook are making it more difficult to escape this deep human weakness.
Much of this content gives the user the illusion of being educated but, partially through the power of confirmation bias, it’s largely false confidence. The gambler
When you toss a coin three times and get heads, lots of people think the fourth period will be a head.
Investors who have been very successful in volatile markets are more eager to make a risky decision as they’ve had a very favorable experience. Because they’ve been lucky a couple of times they become arrogant, which leads to them making poor decisions, as they underestimate the investment risk.
The opposite is also true: those who’ve had a poor run of investment returns often lose all their confidence and discount good investments, purely on the premise that their previous choices under-performed.
6. Reluctant to decrease losses
The same mental focus on losses can make investors who have made a bad call reluctant to cut their losses and move on.
Investors hang on to losing investments when they should have been rid of them as soon as the notion of crystallising that loss is too painful. Focus on negativity
People tend to focus on losses rather than gains.
When presented with an equal opportunity for loss and for gain, an individual will disproportionately focus on the reduction, meaning that they can miss out on the investment opportunity.
An example is looking to buy a property for $1m. The buyer is then advised that if the market falls they could lose $100,000 in the next two years, but if it rises they could gain $100,000.
In this scenario, the purchaser is a lot more alerted by the reduction than by the gain, even if it’s equivalent.
8. Penny wise, pound foolish
Everyone loves a bargain, but the urge can hurt investors. People use a mental process known as”anchoring” to determine whether an offer is great value.
If you are offered something at a price of $20, that becomes your measuring stick for all other offers, often without exploring whether $20 was actually a good price.
This implies that when the same item is offered for $17 it appears to be great value. Sales people often exploit this fact to make people believe they’re getting a bargain
This is the largest investment failure people make: they make an investment choice simply because they think they are getting it for a lower price.
How can you avoid these mistakes
Be wary of other people’s advice. Individuals who are giving you guidance are the chicken at the eggs and ham breakfast and you’re the pig.
The first kind of specific thing I would like people to get in their minds is that your mind is always tricking you into believing the world is a more certain and noble place than it is.
It isn’t.
It’s doing a variety of things to make you comfortable with the fact it isn’t certain and that contributes to misjudgments.
Be very wary of people who come at you with a great deal of confidence and predictions about what is going to happen whether those people are investment advisors or property “specialists ” or doctors.
Even the savviest of us make mistakes with investing — trading too often, refusing to sell losing stocks or chasing past performance. These errors, and a lot more, are common among investors.
Next time you’re at the casino that I want you to count how many times you hear the words”Good Luck.”
Whether you are checking into your room, cashing in some chips, or simply getting a drink, you will be pleasantly told,”Good Luck.”
People tend to focus on losses rather than gains.
When presented with an equal opportunity for loss and for gain, an individual will disproportionately focus on the reduction, meaning that they can miss out on the investment opportunity.
An example is looking to buy a property for $1m. The buyer is then advised that if the market falls they could lose $100,000 in the next two years, but if it rises they could gain $100,000.
In this scenario, the purchaser is a lot more alerted by the reduction than by the gain, even if it’s equivalent.
8. Penny wise, pound foolish
Everyone loves a bargain, but the urge can hurt investors. People use a mental process known as”anchoring” to determine whether an offer is great value.
If you are offered something at a price of $20, that becomes your measuring stick for all other offers, often without exploring whether $20 was actually a good price.
This implies that when the same item is offered for $17 it appears to be great value. Sales people often exploit this fact to make people believe they’re getting a bargain
This is the largest investment failure people make: they make an investment choice simply because they think they are getting it for a lower price.
How can you avoid these mistakes
Be wary of other people’s advice. Individuals who are giving you guidance are the chicken at the eggs and ham breakfast and you’re the pig.
The first kind of specific thing I would like people to get in their minds is that your mind is always tricking you into believing the world is a more certain and noble place than it is.
It isn’t.
It’s doing a variety of things to make you comfortable with the fact it isn’t certain and that contributes to misjudgments.
Be very wary of people who come at you with a great deal of confidence and predictions about what is going to happen whether those people are investment advisors or property “specialists ” or doctors.
Even the savviest of us make mistakes with investing — trading too often, refusing to sell losing stocks or chasing past performance. These errors, and a lot more, are common among investors.
Next time you’re at the casino that I want you to count how many times you hear the words”Good Luck.”
Whether you are checking into your room, cashing in some chips, or simply getting a drink, you will be pleasantly told,”Good Luck.”
ANYONE can build sustainable prosperity in property… if they want it badly enough.
Join us in “The Ultimate Smart Property Investor” Workshop on 25th March — 26th March 2017!
This 2-Day property workshop can allow you to build your action plans to achieve your wealth objectives.
All you have to do is show up!
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To your investment success,
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Renamed & Re-branded!
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: http://www.crei-academy.com/renamed-re-branded/
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
CREI ACADEMY GROUP is now Called A Bowl of Rice.
To create better value and sharing with our clients and readers, wve renamed and re-branded. Do visit our new site to check out our new personal mentorship programs and subscribe!
Visit FreeRealtyOnline.com to list your home for sale by owner at no charge!
Is EMPIRE Rain & Senses In Oakville A Good Investment?
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: http://feedproxy.google.com/~r/FirstRentalProperty/~3/HIicngoQcqM/
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
The majority of the people whom I talk to are interested in investing in Toronto property .
One gentleman that I was speaking to last week was a first time condo buyer in Toronto Canada.
A) There are limited high rise condo buildings in Oakville.
Sometimes builders provide special DISCOUNTS off of their purchase price or what they call, “builder INCENTIVES”. These discounts and incentives are made available through VIP Realtors (like myself).
The common thread with these folks is that they are interested in purchasing a condo in Toronto Canada, or perhaps a house in The Greater Toronto Area which they would live in or rent out to tenants.
EMPIRE would be second of course to Mattamy.
EMPIRE is really going over and beyond what other builders offer as their builder incentives, and they’re clearly trying to provide something of VALUE for their potential purchasers.
“Oakville is a suburban town in Southern Ontario, Canada. Located in Halton Region, on Lake Ontario, it is part of the Greater Toronto Area. As this 2016 census the population was 193,832. ”
I hope you are doing well.
With this sort of dramatic increase in worth, people are naturally going to gravitate towards lower priced property, such as new construction condos.
You will have to move quickly if you want to purchase a unit in this EMPIRE community AND if you want to get their FREE $10,000 Furniture Package.
To get this amazing $10,000 Furniture Package, and to book a suite to purchase, email me today at neil@firstrentalproperty.com
Neil
So if you have some interest in purchasing a unit in this condo project, and if you would like to get this amazing Builder Incentive, you need to act fast. You can email me directly at neil@firstrentalproperty.com to learn what the next steps are if you would like to purchase a unit.
Move fast though because the real estate market in The Greater Toronto Area is insane.
“Detached homes in The City of Oakville went up in value 38.4% year over year from November 2015 to November 2016.
This amazing 10,000 Furniture Package Offer will come to an end soon. It is only for a limited time.
In My Opinion…
Rain & Senses is SOLD OUT.
Some people that I talk to are experienced with real estate, but others don’t have too much experience.
Some state that EMPIRE is the second largest builder in Ontario, Canada by the number of units sold.
I am a Real Estate Broker with RE/MAX in the Greater Toronto Area.
I get asked by people what type of real estate they need to be investing in.
And and as we know already, where there’s limited supply, and when there is demand for that limited supply, this is what pushes real estate prices up.
“Rain & Senses” is a pre-construction condo being constructed by EMPIRE, located in The Town of Oakville.
The Fantastic News…
If you’re familiar with the Greater Toronto Area, you understand that Oakville is an ‘upscale’ Town located approximately 20 minutes by car west of Toronto.
The date in which EMPIRE will no longer be honouring this deal is March 12th 2017.
Like the saying goes, “All Things Come To An End”.
Here is Wikipedia’s definition of Oakvillle:
In my view, the FREE $10,000 Furniture Package that EMPIRE is offering is a really good builder incentive.
B) EMPIRE Is Offering a FREEE $10,000 Furniture Package with the purchase price of any package.
The Town of Oakville is very particular with regards to dealing with Builders. As such, the town hasn’t approved many high rise buildings to be built in The Town itself. As such, there is in my opinion limited inventory in Oakville when it comes to high rise condo buildings versus some of the neighbouring towns and cities close to Oakville.
I enjoy this condo project for a few reasons:
EMPIRE is a great builder, and people want to own property built by great builders. Not to mention Oakville. Oakville is a City
Here is some important information on “Rain & Senses” as well as some of my personal opinions on this new condo project:
Hi There,
- SUITES AVAILABLE: 1 Bed, 1 Bed + Den, 2Bed, 2 Bed + Den
- SQUARE FOOTAGE (RANGE) OF AVAILABLE UNITS: 543 square feet to 1250 square feet
- PRICE (RANGE) OF AVAILABLE UNITS: $329,990 to $739,990
- EXPOSURES AVAILABLE: North, North/East, East, South/East, South West, West
- TOTAL NUMBER OF BUILDINGS: 2
- TOTAL NUMBER OF FLOORS: 19
- PARKING: One parking space is included in the purchase price (additional parking available for sale at $30,000 + HST) (What is HST? )
- LOCKER: $4,000 + HST
- CEILING HEIGHT: 9′ Ceilings
- MAINTENANCE INCLUDES: Gas, Common Element Expenses & Building Insurance (Hydro and Water is separately metered)
- OCCUPANCY DATE: June 21st 2017 (First Tentative Occupancy Date)
- DEPOSIT STRUCTURE: 1st Deposit (with Arrangement ) is $5,000, 2nd Deposit (30 Days From 1st Deposit) is the Balance to 5%, 3rd Deposit (Due On Occupancy) is 5%. For a whole deposit of 10%.
Happy Investing!
EMPIRE RAIN & SENSES IN OAKVILLE
Sometimes builders try to eliminate offering prospective purchasers with cheap and not too significant incentives. This is not the case with EMPIRE. I’m impressed with this Incentive which they are offering, and I think more builders should provide great incentives such as EMPIRE is demonstrating here.
EMPIRE: Rain & Senses
Today I’d like to talk to you about:
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[On-Demand Webinar] How to Find and Analyse Splitter Block Opportunities
![[On-Demand Webinar] How to Find and Analyse Splitter Block Opportunities](https://i0.wp.com/realestateclubofamerica.com/wp-content/uploads/2019/07/1509-thumb.png?resize=1140%2C350&ssl=1)
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: https://blog.realestateinvestar.com.au/on-demand-webinar-splitter-blocks
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
LEARN HOW TO GENERATE SUBSTANTIAL PROFITS THROUGH INVESTING IN SPLITTER BLOCKS
This 60-minute webinar recorded 18th of June will demonstrate ways to use our powerful technology to find and analyse splitter block chances to manufacture equity.
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Is EMPIRE Rain & Senses In Oakville A Good Investment?
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers. Find the original post as published at this link: http://feedproxy.google.com/~r/FirstRentalProperty/~3/HIicngoQcqM/
Please note that we are NOT the original writers of this blog post. All credit goes to the original writers.
- SUITES AVAILABLE: 1 Bed, 1 Bed + Den, 2Bed, 2 Bed + Den
- SQUARE FOOTAGE (RANGE) OF AVAILABLE UNITS: 543 square feet to 1250 square feet
- PRICE (RANGE) OF AVAILABLE UNITS: $329,990 to $739,990
- EXPOSURES AVAILABLE: North, North/East, East, South/East, South West, West
- TOTAL NUMBER OF BUILDINGS: two
- TOTAL NUMBER OF FLOORS: 19
- PARKING: One parking space is included in the purchase price (additional parking available for purchase at $30,000 + HST) (What is HST? )
- LOCKER: $4,000 + HST
- CEILING HEIGHT: 9′ Ceilings
- MAINTENANCE INCLUDES: Gas, Common Element Expenses & Building Insurance (Hydro and Water is separately metered)
- OCCUPANCY DATE: June 21st 2017 (First Tentative Occupancy Date)
- DEPOSIT STRUCTURE: 1st Deposit (with Arrangement ) is $5,000, 2nd Deposit (30 Days From 1st Deposit) is the Balance to 5%, 3rd Deposit (Due On Occupancy) is 5 percent. For a total deposit of 10%.
This Remarkable Free $10,000 Furniture Package Offer will come to an end shortly. It is only for a limited time.
“Rain & Senses” is a pre-construction condo being constructed by EMPIRE, located in The Town of Oakville.
This is Wikipedia’s definition of Oakvillle:
“Oakville is a suburban town in Southern Ontario, Canada. Located in Halton Region, on Lake Ontario, it is part of the Greater Toronto Area. As of this 2016 census the population was 193,832. ”
The common thread with these folks is they are interested in buying a condominium in Toronto Canada, or perhaps a house in The Greater Toronto Area that they would live in or rent out to tenants.
Hi There,
If you’re knowledgeable about the Greater Toronto Area, you know that Oakville is an ‘upscale’ City located approximately 20 minutes by car west of Toronto.
Neil
Today I would like to talk to you about:
I always get asked by people what type of real estate they should be investing in.
“Detached homes in The City of Oakville went up in value 38.4% year over year from November 2015 to November 2016. ” – Source: RE/MAX Aboutowne Realty Corp., Brokerage
So if you have some interest in purchasing a unit in this condominium project, and if you would like to get this amazing Builder Incentive, you need to act fast. You may email me directly at neil@firstrentalproperty.com to learn what the next steps are if you want to get a unit.
In my view, the FREE $10,000 Furniture Package which EMPIRE is offering is a very good builder incentive.
And and as we know already, where there’s limited supply, and when there is demand for that limited supply, this is what pushes property prices up.
Happy Investing!
The date in which EMPIRE will no more be honouring this offer is March 12th 2017.
Move quickly though because the real estate market in The Greater Toronto Area is crazy.
Sometimes builders provide special DISCOUNTS from the purchase price or what they call, “builder INCENTIVES”. These discounts and incentives are made available through VIP Realtors (like myself).
EMPIRE is really going over and beyond what other builders offer as their builder incentives, and they’re clearly trying to offer something of VALUE to their prospective purchasers.
With this type of dramatic increase in value, people are naturally going to gravitate towards lower priced real estate, such as new construction condos.
To get this amazing $10,000 Furniture Package, and to book a suite to purchase, email me now at neil@firstrentalproperty.com
[youtube https://www.youtube.com/watch?v=WCQTWcbUPw0?feature=oembed&w=600&h=338]
Sometimes builders try to get away with offering potential buyers with cheap and not too significant incentives. This is obviously not the case with EMPIRE. I’m impressed with this Incentive that they are offering, and I believe more builders should offer excellent incentives such as EMPIRE is demonstrating here.
One gentleman that I was speaking to last week was a first time condo buyer in Toronto Canada.
I like this new condo project for a few reasons:
You will need to move quickly in the event that you want to purchase a unit in this EMPIRE community AND if you want to receive their FREE $10,000 Furniture Package.
(Read About: Mattamy’s Vita On The Lake Here)
Some state that EMPIRE is the second largest builder in Ontario, Canada by the amount of units sold.
Some people that I speak to are experienced with real estate, while others don’t have too much experience.
Here is some important information on “Rain & Senses” as well as some of my personal opinions on this new condo project:
I hope you are doing well.
EMPIRE: Rain & Senses
B) EMPIRE Is Offering a FREEE $10,000 Furniture Package with the purchase of any package.
The Town of Oakville is very particular with regards to dealing with Builders. As such, the town has not approved many high rise buildings to be built in The Town itself. As such, there is in my view limited inventory in Oakville when it comes to high rise condo buildings versus some of the neighbouring cities and towns close to Oakville.
The Good News…
EMPIRE is a superb builder, and people want to own real estate built by excellent builders. And of course Oakville. Oakville is a very desirable City to Invest in…
The majority of the people whom I talk to are interested in investing in Toronto property .
A) There are limited high rise condo buildings in Oakville.
Like the saying goes, “All Good Things Come To An End”.
In My Opinion…
Visit FreeRealtyOnline.com to list your home for sale by owner at no charge!