Nischal Ram-Freedom 40 Investments Inc - January 2020 - Edition #54

Nischal Ram - Real Estate Investor,Real Estate Coach and Realtor

Freedom 40 Investments Inc.

Nischalramrealestate@gmail.com
604 308 6404
http://nischalram.com/

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Your Fraser Valley Real Estate Market Update

 

After a sluggish first half of the year, property sales in the Fraser Valley started picking up speed in the summer and finished strong in December, but not enough to surpass last year’s sales totals.

Here is the summary of the market for December

Total Sales Processed  - 1,247

Total New Listings - 948

Total Active Listings - 4,686

For the Fraser Valley region, the average number of days to sell an:

Apartment (Condos) -48 Days

Townhomes - 45 Days

Single Family Detached - 52 Days

Of the total transactions Fraser Valley Real Estate Board processed:

286 were Townhouses

313 were Apartments (Condos)

463 were Single Family Detached

HPI Benchmark Price Activity

Apartments/Condos 

Benchmark Price - $405,500

Price increased 0.2% compared to November 2019

Price decreased 3.1% compared to December 2018

Townhomes

Benchmark Price - $514,900

Price remained on par with November 2019

Price decreased  3.2% compared to December 2018

Single Family Detached

Benchmark Price - $953,700

Price increased  0.2% compared to November 2019

Price decreased  1.2% compared to December 2018

For the most updated market information on what is happening in your neighborhood, give me a call at 604 308 6404 or e mail at RealtorNischal@gmail.com

The support of a real estate expert goes a long way when navigating a busy market in the Fraser Valley..

Reminder: As you know that I am in real estate investment and sales and my passion is to bring buyers/sellers together. Who have you talked to in past couple days that might be thinking about buying/selling in British Columbia or anywhere in Canada (I am blessed to be a part of a huge network that I meet/talk-to on regular basis which is the backbone of my business that my clients benefit.

Also, we offer a $500.00 referral fee to anyone that leads to successful completion of a sale.



It’s Entirely Up to You to Make This Your Big Year

 

At this time of the year, with readers making plans for the 12 months to come and the big resolutions they plan to tackle.

Whatever it is you want for 2020, you first have to sell yourself on the possibility that you can achieve it. If 2020 is going to be Your Big Year, you need to believe it deep down.

Of course, making more money is a worthy goal—a financial leap forward would definitely constitute a big year. And if that’s going to be the case, then one way or another, you’re going to have to make some sales or convince someone of your worthiness. 

Self-belief is at the foundation of any success you’ll experience, so be ready to persuade yourself that the work you put in comes as a bargain compared to the payoff you’ll experience.

 Staying on track throughout 2020 is a 365-day job, and you’re just the person for it.

You’re the only person for it, in fact. It’s entirely up to you to make this your big year. But I know you can do it.

Don’t sell yourself short.



Multi families For Sale in British Columbia

 

469-471 Lyon Street - Prince George
1422-1432 Strathcona Avenue - Prince George
932-936 Oceanview Drive - Prince Rupert
1 & 2 435 Aspen Street - 100 Mile House
2637-2639 Quince Street - Prince George
10709-10711 102 Avenue - Fort St. John
2753 15th Avenue - Prince George
432-440 Ruggles Street - Prince George
2172-2180 Victoria Street - Prince George
1439-1445 Manson Crescent - Prince George
8921 102 Avenue - Fort St John
2120-2122 Redwood Street - Prince George
2040-2046 Bowser Avenue-Prince George
90 Stikine Street - Kitimat
46280 Second Ave - Chilliwack
31-37 Wedeene Street - Kitimat
38427 Buckley Avenue - Squamish
46147 Princess Avenue - Chilliwck
9343 - 9345 Charles Street - Chilliwack
112 - 114 Debeck Street - New Westminster
2224 Beaver Street - Abbotsford
8366-8370 Cedar Street - Mission
2131 Upland Street - Prince George
146 Ash Street - Valemount
45749 Kipp Avenue - Chilliwack
1280 Kingfisher Avenue - Kitimat
3624 Old Lakelse Lake Dr - Terrace
10219 103 Avenue - Fort St John
147 W 6 Avenue - Prince Rupert
215 W 6th Avenue - Prince Rupert
5732 Vedder Road - Chilliwack
302 - 1647 E Pender Street - Vancouver
1022 Pemberton Rd - Victoria
1004 Pemberton Rd - Victoria
9465 William Street - Chilliwack
4195 Wildwood Rd - Williams Lake
2510 Upland Street - Prince George
1016 Pemberton Rd - Victoria



THIS IS WHY Elon Musk IS A GENIUS

 

PROBLEM: Raise money for producing the new Tesla CyberTruck.

SOLUTION: Elon spends a few million dollars and builds one visually POLARIZING prototype. (plus destroying a Porsche in a drag race and an F-150 in a towing tug-of-war going UPHILL along the way).

He then holds a press conference to show it off and “Accidentally” breaks two windows knowing that that's going to cause drama and get media coverage.

Then, he offers pre-orders for a $100 deposit.

Within a few weeks he will be claiming well over 200,000 pre-orders (already over 150K orders)

200,000 x $100 = $20,000,000 Pre-Orders

Elon can then go to the investors with all this data and rally them to gather their cash.

200,000 trucks x $40,000 each = $8 Billion Bucks

He should easily be able to raise 20% = $1.6 Billion

Total investment?
One prototype truck & One unveiling party!

That's why Elon Musk is a genius.



12 Inspirational quotes about life by Tony Robbins

 

Having an “off” day? These 12 inspirational quotes by Tony Robbins are sure to lift your spirits – and help you achieve your goals.

1. “The power of positive thinking is the ability to generate a feeling of certainty in yourself when nothing in the environment supports you.” – Tony Robbins

2. “When you are grateful, fear disappears and abundance appears.” – Tony Robbins

3. “If you can’t, you must. If you must, you can.” – Tony Robbins

4. “Your past does not equal your future.” – Tony Robbins

5. “Identify your problems, but give your power and energy to solutions.” – Tony Robbins

6. “Any time you sincerely want to make a change, the first thing you must do is to raise your standards.” – Tony Robbins

7.  “The path to success is to take massive, determined action.” – Tony Robbins

8. “Setting goals is the first step in turning the invisible into the visible.” – Tony Robbins

9. “Goals are like magnets. They’ll attract the things that make them come true.” – Tony Robbins

10. “People who fail focus on what they have to go through; people who succeed focus on what it will feel like at the end.” – Tony Robbins

11. “Persistence overshadows even talent as the most valuable resource shaping the quality of life.” – Tony Robbins

12. “The only thing that’s keeping you from getting what you want is the story you keep telling yourself.” – Tony Robbins

 Success isn’t an accident, and it’s not about luck. It’s not even about talent. Success is about persistence. It’s about having the ultimate belief in yourself and finding your inner strength. It’s about getting up and getting back in the game. These inspirational quotes are a good start – but how will you put them into action?



Developing the Best Real Estate Investing Strategy for Yourself

 

1. Get Educated

I cannot stress this enough. Education—no matter what you do in life—is important. In fact, it is likely the most important factor in success. And whether it is “street smarts” or “book smarts,” education is paramount to one’s level of success in real estate investing.

The purpose of this phase is to allow you to “test” different methods or techniques, discover your comfort level, and figure out what type of real estate you believe will work in your situation. Take your education seriously. Because as with anything, preparation is the key to success.

2. Evaluate Yourself

Education may take weeks or months. But once you have done that then you are ready for the second step: Evaluate what you’ve learned.

What interested you? What did not? What are you financially prepared for? What risk level do you feel comfortable with? Don’t be afraid of what you know you can’t do. Instead, be afraid of what you don’t know you can’t do.

3. Refine Your Education

OK, you spent months reading and watching everything and anything about real estate.  You did a hardcore self-evaluation, figured out your risk tolerance, and nailed down your situation as a whole.

Now what?

More education. Yep, you read that right. Education is also the third step in this plan.

This is the step where you refine your education. In step one, you educated yourself about real estate and (hopefully) a variety of options involving real estate investing. In step three, your going to educate yourself even more, focusing on no more than two or three options that appear to fit with your capabilities, financials, and all other aspects.

The purpose of this phase is to broaden your knowledge and dig deeper into the details.

4. Establish a Plan

Finally, it’s time to build a plan.

The first step of this phase (for us) was to develop a business plan centered around multifamily rentals. Your plan will likely be different. What the plan is does not matter; having a plan is what matters.

5. Take Action

Once you have established your plan, make sure you act upon it. Education without action is a detriment to your confidence and long-term goals.

Remember that without action, your education is like planting a garden, carefully tending to it all summer, and then never harvesting. It’s a lot of work with nothing to show for it.

If you have educated yourself and planned your strategy well, inaction should not be an issue.

6. Update as Necessary

After every property evaluation or purchase, review your plan. Tweak it if need be. Focus on what worked, what didn’t, and what you learned. This may cause you to adjust your plan.

Find what works for you, in your situation, in your area, and with your risk tolerance. You may fail a time or two. But when you find what works for YOU, repeat!



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