Life on the Shore - Spring 2016
  
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Here we are again, into the rainy season, at least this year we have plenty of snow on the local mountains and Whistler, took our son up to Whistler for the first time last week, he was awe struck with the experience, looking forward to going back, but for now we'll be skiing the local mountains.
With the spring thaw comes the hot spring real estate market, locally here on the shore, I've witnessed "for sale" signs being put up one day and sold within 3 days of the sign going up.
Have a read of this Macleans article about the Canadian real estate market;
http://www.macleans.ca/economy/economicanalysis/the-insane-expectations-driving-the-canadian-housing-market/
Also have a look at the Snap shot of the local market at the link above, courtesy of Eldon Whalen.
11 Things You Didn’t Think You Could Fit Into a Small Bedroom
Clever designers have found ways to fit storage, murals and even chandeliers into these tight sleeping spaces.
Check out this link:
http://www.houzz.com/ideabooks/2846616/list/11-things-you-didnt-think-you-could-fit-into-a-small-bedroom
Arnold Schwarzenegger Pop Quiz
How did Arnold Schwarzenegger make his first million?
Mr. Olympia prize money? Nope.
Hollywood paychecks? Nope - Guess again
Endorsement deals? Strike three.
Arnold's excelled in many different careers - from bodybuilding to blockbusters to politics. But he's always been an entrepreneur, first and foremost.
When he arrived in Americain his early twenties, with almost $30,000 saved from his iron-pumping victories, he had a business on his mind.
So how did the "Terminator" became a millionaire by age 25?
Real Estate Investing
Arnold was shocked with the number of Americans who rented rather than owned.
In his momeland of Austria, it was typical to live with the family or find some comparable arrangement until you could afford to buy a property.
He put his savings towards the downpayment on an apartment building. A year later, he sold it for $150,000 profit.
Here's why he was really smart:
Arnold took those profits and quickly re-invested them into another property. Had he just pocketed the profits and waited, the taxmen would have gobbled up a big cut.
But instead he re-invested , over and over, and watched his networth skyrocket.
This was years before he became one of the most bank-able stars in movie history.
In fact, had he jumped into the Hollywood pressure cooker without a real estate fortune behind him, he may have had to settle for bit parts and mediocre roles that could have derailed his acting career.
(Now that's a scary thought.....no Terminator?)
Like a true businessman, Arnold never stopped investing. Today he has massive stakes in premium properties throughout America - especially in his adopted home state, California.
Now I must say, I find Arnold's personal choices to be rather questionable.
But if we separate his personal life from his business life, it's been impressive to see his real estate track record as an investor.
Having said that, there's no mystery to his real estate strategy - they are techniques we all know are repeatable.
In any market.
In any economic climate.
We've done these techniques ourselves. We've reaped the rewards and I have managed to buy my life back and retire at 40 years of age. You can learn how too.
Give me a call or send an e mail. If you are too shy then visit my website for more information:
http://www.freedom40investments.com/
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