Real Estate Investment Corner
Real Estate Investment Corner
Were you one of those people who had the foresight to invest in US Properties in 2010 when the market was low?
Congratulations, you won the TRIFECTA!
Not only did the properties rise in value, and the mortgage was paid down by the rental income, but the Canadian dollar weakened and cashing out will benefit you in THREE ways!
What is your next move?
One option is to refinance the existing property and use the equity to buy some additional investment property. The Greater Phoenix market is growing with new jobs, educational opportunities and infrastructure projects. The conditions which allowed you to get some real bargains are no longer there, but the fundamentals for Real Estate Investment are in play creating a stable investment.
In 2010 - 2011, mortgage funds for Canadians to buy US properties were virtually non-existent. I have connected with a Mortgage Brokerage who has convinced many US Banks that Canadians are pretty much ok and the doors are opened for lending on these properties at decent terms and rates.
Do you want to take advantage of this golden opportunity?
Contact your US Realtor for their opinions on the value of your property and potential new purchase opportunities.
No realtor? No Problem! I can connect you with a short list of realtors in Greater Phoenix that would be willing to assist you.
Then call me and we can discuss how to best finance your portfolio expansion.
Northern BC continues to show very favorable conditions for Investment Real Estate.
In response to this, one of my connections, Western Canada Property Group, has been building extensively in Fort St. John and Dawson Creek.
The BC Hydro Site C Dam project, the expansion of the Natural Gas fields, and the broad diversity of the existing economy is driving this double digit growth. Not enough accommodation for well paid workers makes this a near perfect storm for rental real estate.
WCPG is offering the market place, new and modern style detached, condos and townhomes, with a full management program in place to meet the needs of the work force and the Real Estate Investor.
To check out this exciting opportunity, WCPG hosts a one day tour of their latest project in Fort St. John and provides a thorough narrative on all rental properties in the area to give you competitive information as well as their projects.
The Next One Day Tour is on November 28, 2015. Contact Justin Smith for more info and how he can save you $200 on the airfare for the Tour. Tell him I sent you! His email is: justintrentsmith@gmail.com
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