July News in April 2016, Issue 152

July Ono - Manager

OTBEC Group

july@otbec.com
6048302438
http://www.ocmi.ca

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ANALYZER APPETIZER

 

Analyzer, Abbotsford condo
Analyzer, Alberta 22-unit
Analyzer, Alberta 2BD2BA condo
Analyzer, Atlantic Canada 3-unit
Analyzer, Interior BC 26-unit
Analyzer, Interior BC 42-unit
Analyzer, Interior BC 70-unit
Analyzer, Interior BC 72-unit
Analyzer, Langley 2-unit
Analyzer, North Carolina 94-unit
Analyzer, Northern BC 16-unit
Analyzer, Northern BC 31-unit
Analyzer, Northern BC 36-unit
Analyzer, Northern BC 42-unit
Analyzer, Northern BC 42-units
Analyzer, Northern BC 6-unit
Analyzer, Northern BC 74-unit
Analyzer, Northern BC 96-unit
Analyzer, Northern BC 9-unit
Analyzer, Northern BC 9-units
Analyzer, Northern Canada 104-unit
Analyzer, Ontario 102-unit
Analyzer, Ontario 103-unit
Analyzer, Ontario 10-unit
Analyzer, Ontario 135-unit
Analyzer, Ontario 146-unit
Analyzer, Ontario 220-unit
Analyzer, Ontario 260-unit
Analyzer, Ontario 280-unit
Analyzer, Ontario 2BD1BA House
Analyzer, Ontario 5-unit
Analyzer, Ontario 60-unit
Analyzer, Ontario 63-unit
Analyzer, Ontario 64-unit
Analyzer, Ontario 6-unit
Analyzer, Ontario 91-unit
Analyzer, South Carolina 152-unit
Analyzer, South Carolina 240-unit
Analyzer, South Carolina 8-units
Analyzer, Washington State 64-unit
Analyzer, Washington State 7-unit

For those of you wondering how to analyze a property, these links will take you to PDF copies of cash flow analyzers on various properties over the past ten years.

The software that I use is the Landlord Cash Flow Analyzer Pro Canadian Version.



50 MOST EXPENSIVE RENTALS BY STATE

 

#9. Miami Beach mansion at $300,000 per month

#32. New York City condo at $150,000 per month

Photo gallery of the 50 most expensive rentals by state

If you were to calculate the passive income required to sustain the Florida rental, that's $36 Million producing 10% return per year. 



1ST MILESTONE ACHIEVED: WILLOUGHBY WALK APPROVED - 191 UNITS

 

YooHoo! The first milestone has been achieved.

The long anticipated 1st & 2nd Reading for the Development Permit Application for Willoughby Walk, a six-storey wood-frame 191-unit rental apartment, was passed with a strong majority vote: 7 in favour and 2 opposed. 

As for the debate regarding the small parking stalls, we had already re-designed the parkade a week earlier.

An emergency generator room in the parkade was eliminated to make room for more parking space.

The generator room was deemed excessive for the size of the building. In the event of a power outage, the load would not be significant considering LED lights use much less power than incandescent bulbs.

The room has been replaced by a PMT (pad-mounted transformer), that little green box on the side of a building.

Now it's on to the Public Hearing scheduled for May 9th followed by 3rd Reading on May 30th. 

Video of TOL Hearing



FREE SEMINAR IN ONTARIO: PASSIVE REAL ESTATE INVESTING: Get Double-Digit Returns Without Having To Deal With Tenants & Toilets

 

Date: Saturday May 21, 2016
Time:  2:00 p.m. to 5:00 p.m.
Place: Four Points Sheraton, 6257 Airport Road, Mississauga, Ontario
Capacity: 80 people

RSVP to july@otbec.com

How do millionaires do it? According to a Legg Mason survey of 2,164 Millionaires, it's not RRSP's, Stocks or Bonds. It's other investments like Real Estate. The surveyed millionaires pointed to the following top 5 success decisions:

1) Developed a financial plan
2) Invested in products other than stocks and bonds
3) Took cash off the sidelines and invested it
4) Changed spending habits to save and invest more
5) Took a more global approach to investing

School teaches you how to work hard for your money instead of teaching you how to invest so that your money works for you.

Discover the secret investing strategies of the wealthy with July Ono and Steve Cain, the trusted authority in apartment investing.

Please note that an investment offering will be presented at the end of the seminar only to Accredited Investors. Scroll down to Section 3.5 for the definition.

 



FREE SEMINAR IN LANGLEY: YOUR MILLION DOLLAR NETWORK (2-Part Series)

 

Date: Part 1:  Thursday, May 5, 2016
Date: Part 2:  Thursday, May 12, 2016
Time:  7:00 p.m to 8:30 p.m.
Place:  203 Business Centre, 5794 - 203 Street, 2nd floor, Langley, BC

How many people have you met in your lifetime? Just imagine if you had kept in touch with every single one of them.

But how can you keep in touch with so many people on a regular basis and still feel like you're a part of their life?

Better yet, how can you make a six-figure or seven-figure income doing half the work that you're currently doing?

The solution will be explained at this complimentary evening seminar. Understanding is the First Part. Implementation is the Second Part.

That's why this is a 2-Part seminar series to go from the what to the how.

My special guest will be Robert Klein, the Creator and Founder of HippoContact.

He will take you through the actual steps to create and implement access to Your Million Dollar Network in Part 2 of the series.

The May 12th event is interactive and you will need to bring your laptop computer. See real time live results.

Robert is offering your first newsletter launch for free. And his platform is so affordable.

Results come from the doing, not the talking.

Here is the link to the flyer.

Here is a link to the first 12-pages of the book.



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