When one door closes ... another one opens!

Norma Doucet - Real Estate Investor

ProperDy's Investment Specialists

ProperDys@gmail.com
6047001855

ANALYZER APPETIZER (shortfall properties)

 

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.

These are properties that did not "pass the mustard" for investment purposes, but are fantastic learning tools.

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



Welcome to Norma's First Official Newsletter! Paying it Forward!

 

New Year, NEW ME! Congratulations!! You have successfully received my first new Newsletter.

Let me start off by saying that you have received this Newsletter because of one or more of the following reasons:

• We have met and exchanged business cards and/or contact information
• We have done business together
• We have a mutual client
• We are connected on LinkedIn
• We are Facebook friends
• You are related to me (aren’t we all distant cousins?)

Please note that I certainly don’t want to be spamming anyone and you are welcome to Unsubscribe (at the bottom) if you want to get off my list. Hopefully, you’ll give me a couple months to show some value for you in my Newsletter.



The Sky Is NOT Falling

 

Doom and Gloom is all you ever hear about from the Canadian Media when discussing the state of the real estate market.

They love to compare the Canadian Real Estate Market to the Americans linking us to a U.S. Style housing crash (God Rest their Soul if Romney gets elected).

CIBC's Chief Economist Tal puts it in perspective and explains “…Any comparison to the American market of 2006 reflects deep misunderstanding of the credit landscapes of the pre-crash environment in the U.S. and today’s Canadian market.”

Here are a few key points on how the Canadian Market differs then the US in layman terms? (Credit: Canadian Mortgage Trends) 

Lender Recourse – If you default on your mortgage in Canada, you are still on the hook for the amount owed

Less Subprime – Canada’s exposure of non-A (sub-prime & Alt-A) deals are approximately 7%, compared to the US with 1/3 of all mortgage originated a year before the crash were non-prime

Equity- Canadians cannot get into the market unless we have a minimum of 5% downpayment, this means we are not sitting in a negative equity situation

No Teasers- We qualify a lender with a higher interest rate to ensure they can afford an increase in rate

Credit Scores – Canadian credit scores have improved in the last 4-years, whereas before the US crash were considered high risk and comprised of 22% of the market.

So, is the sky falling? In my opinion it's not. We are in a buyer’s market and some sellers are just not getting the price they want.



One door opens! Let the learning begin ...

 

Life's journey seems to have a path for all of us. We never know what is in store, but I do believe what my parents always taught me as a child ...  that when one door closes ... another one opens!

As most of you all know, I crossed the boarder last year to give my daughter Sorelle, the opportunity to experience graduating from grade 12 here in Canada.

After fearing that her homeschooling would not be recognised ... we are pleased to announce that she is graduating and will be going on to college for screen writing in September. Congratulations Sorelle!

Big Happy Birthday to my son Colton. He is growing up too fast, but now is learning the "trials of life" by delving out on his own in Alberta.

He has completed many courses and prerequisits to prepare himself for working out in Ft.MacMurray. He has taken his bumps and buises and even helped out with taking care of the people affected by the fires.

I am so proud of the young man he has become and will stand by him as he persues his goal to get into trucking.

As for me ... I have decided to focus on what I have talked about for years. It is time to put my "money where my mouth is" so to speak. I have taken the first steps towards Commercial Real Estate Investing.

I was lucky to have had the wonderful opportunity to meet July Ono, who I look to as my mentor. There are not many people, that i have met in my lifetime, that have given their time without asking for anything in return. Thankyou ... I am a firm believer in PAYING IT FORWARD ...

... Sooooo anyone that wishes to learn about "The 7 Profit Centres in Real Estate" ... stay tuned for my next newsletter where we find out all about "Equity on Day 1"!



THIS SHARK'S MONEY MAKING SECRET

 

Kevin O'Leary Interview - 4 Min Video

This is Kevin O'Leary of the Shark Tank television series. He recently audited all of his  businesses over the past six years. To his amazement, the auditors came back with one common denominator for all of his most profitable businesses, the ones that made the most money. They are run by women.

Kevin plans on investing with more women owners. Thanks you Rick Genovese for sharing this link:



How Did Arnold Schwarzenegger Make His First Million

 

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 America in 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 homeland 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.

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 small 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.



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