Nischal Ram-Freedom 40 Investments Inc - December 2021 - Edition 75

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

 

Robust demand for Fraser Valley real estate continued in November, with the Fraser Valley Real Estate Board (FVREB) recording the region’s second-highest volume of sales of all property types for the month – second only to November 2020.

Here is the summary of the market for November, 2021

Total Sales Processed  - 1,972 (Increase of 1.8% compared to October)

Total New Listings - 2,096

Total Active Listings - 3,048

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

Apartment (Condos) -24 Days

Townhomes - 16 Days

Single Family Detached - 24 Days

Of the total transactions Fraser Valley Real Estate Board processed:

436 were Townhouses

614 were Apartments (Condos)

713 were Single Family Detached

HPI Benchmark Price Activity

Apartments/Condos 

Benchmark Price - $530,400

Price increased 21.7% compared to November 2020

Price increased 3.2% compared to October 2021

Townhomes

Benchmark Price - $740,100

Price increased 29.8% compared to November 2020

Price increased 2.7% compared to October 2021

Single Family Detached

Benchmark Price - $1,448,000

Price increased  21.7% compared to November 2020

Price increased  3.7% compared to October 2021

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.



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?



The Focus Must Be On Your Final Destination

 

There’s one thing I LOVE about this image…

It’s not the fact that this mountain goat is about to make a massive leap, that if done wrong, could alter the rest of his life…

It’s not the fact that he even had enough faith to do so!

What I do love is this…

His eyes are focused on one thing only - his final destination.

He’s not looking down wondering if he’s going to fall to his death.

He’s not looking behind him regretting the decision he made, wondering what would happen if he took a different route to his final destination.

His focus is on one thing only - the other side.

Often times in life, we finally get the courage to make a big leap (whatever that may look like).

Then hours, days, weeks, or even months later, find ourselves looking down…

Looking behind…

Or even looking beside…

Second guessing our decision and wanting to retreat back to the point of our departure.

If you have decided to make a leap in your life, here’s your reminder to keep your head forward and your focus ahead - despite what you may be dealing with in the present.

It will be worth it in the end.

“Let your eyes look directly forward, and your gaze be straight before you.”

ALL THE BEST IN 2022



Multi families For Sale in British Columbia

 

Surrey - 2 to 4 Units
Surrey - Multi-families
North Delta - 2 to 4 units
Abbotsford - 2 to 4 Units
Abbotsford - Multi-families
Chilliwack - 2 to 4 Units
Burnaby - 2 to 4 Units
Burnaby - Multi-families
New Westminster - 2 to 4 Units
New Westminster - Multi-families
Coquitlam - 2 to 4 Units
Coquitlam - Multi-families
Port Moody - 2 to 4 Units
Port Coquitlam - Multi-families
Maple Ridge - Multi-families
Richmond - 2 to 4 Units
North Vancouver - 2 to 4 Units
Vancouver East - 2 to 4 Units
Vancouver East - Multi-families
Vancouver West - 2 to 4 Units
Vancouver West - Multi-families
Prince George - 2 to 4 Units
Prince George - Multi-families
Fort St John - 2 to 4 Units
Fort St John - Multi-families
Northern BC - Miscellaneous - 2 to 4 Units
Northern BC - Miscellaneous - Multi-families
Kamloops and Surrounding Areas - 2 to 4 units
Kamloops and Surrounding Areas - Multifamilies
Dawson Creek - 2 to 4 Units
Kootenays - 2 to 4 Units
Kootenays - Multi-families
Okanagan and Surrounding Areas - 2 to 4 Units
Okanagan and Surrounding Areas - Multi-families
Vancouver Island - 2 Units
Vancouver Island - 4 Units
Vancouver Island - Multi-families



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!



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 2022, you first have to sell yourself on the possibility that you can achieve it. If 2022 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 2022 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.



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