Why You Want to Build International Businesses - Edition 81

Sua Truong - Financier & Commercial Financing Trainer

Commercial Financing Experts Academy ™

Sua@SharingBankSecrets.com
604.726.7878
http://www.CommercialFinancingMastery.com

Sua - Facebook Sua - Instagram Sua - Linkedin

Foreclosure List in BC by Area

 

Agassiz Condos and Townhouses
Burnaby Houses
Burnaby Condos and Townhouses
Cloverdale Condos and Townhouses
Coquitlam Houses
Coquitlam Condos and Townhouses
Langley Houses
Langley Condos and Townhouses
Maple Ridge Houses
Maple Ridge Condos and Townhouses
Mission Houses
Mission Condos and Townhouses
North Surrey Houses
Pitt Meadows Houses
Port Coquitlam Condos and Townhouses
Richmond Houses
Richmond Condos and Townhouses
South Surrey White Rock Houses
Vancouver East Houses
Vancouver East Condos and Townhouses
Vancouver West Houses
Vancouver West Condos and Townhouses
West Vancouver Houses
West Vancouver Condos and Townhouses
Whistler Condos and Townhouses

Here is a list of the latest foreclosures in BC. 

If you found this article of value, please feel free to share it on your social media.

If you have any questions, please call/text 604-337-1165



Short Term Rental Opportunities Exploding in Asia

 

We will have 5 furnished units in Vietnam in the next 2 weeks.

All of this has been acquired within the last 2+ months. Every unit has been well received and we have over 95% bookings so far. Our current investments have generated much higher return than our AirBNB locations in North America.

This is due to several factors:

1) There is a huge pent-up demand from most countries to visit Vietnam due to the currency exchange rates.  Most of our guests have been Vietnamese ex-pats and affluent Vietnamese citizens desiring to travel again.

2) E-Visa is being issued by Vietnamese government directly and you can apply online from the comfort of your home.  This has allowed a huge influx of tourists to come but the hotel industry has yet to recover from the pandemic (staffing shortage is an issue as well).

3) Long term leases on the most desirable locations and 5 star high-rise units are a fraction of what they are in North America.

Although we have great teams to handle as much visitors as we can, we have had to turn away a few guests due to overcapacity and don't want to double book our place. Want to learn more about how you can get involved and take advantage of this opportunity? Just book a call.



CRA Capital Gains Crackdown. Did You Sell Your Home in 2021?

 

What you need to know as the CRA cracks down on principal residence exemptions

What qualifies for tax exemption and what doesn't? This in-depth article covers the CRA's crackdown on principal residence exemptions. Good to read article from the Financial Post article.

Certain glad we won't have to deal with this in Indonesia.



Your Own Bali Villa in Exclusive Ubud Resort

 

We are down to the final countdown. The last rice has been harvested from the rice field. Follow us on Instagram.com/SarasvatiUbud

Our project has been blessed by the local Balinese priest. The gravy train is about to leave the station!

3 lucky investors have partnered up with us to have equity in the resort and get to stay a week each year in beautiful Ubud, Bali.

Our goal is to achieve 12% ROI in the first year and scale up to full operation with a 35-50% ROI target by year 4 & 5.

Indonesian government offers attractive tax incentives such as 0.5% tax in the first 3 years of operation and reduced corporate tax afterwards to attract foreign investments. Imagine nearly ZERO income tax on your earnings!!

We only have a 10% equity position remaining. Schedule a call with me to see if you qualify and answer any questions.



Want to Learn How to Successfully Get Construction Financing on Your Flip or Multi-Family Building?

 

I am very excited to be teaming up with a 15+ years veteran who has helped thousands of clients get financing for their land development projects from "speculative" single family development to multi-family apartment and building out entire subdivisions/townhouse projects.

He was a senior level Commercial Account Manager specializing in this particular niche of Commercial Financing. He is still working with a financial institution so this is current knowledge!  An added BONUS is that you might be getting the "blueprint" in how to write up a loan request that would get approved by his current employer.

Could this free up your time so it is better spent on more productive activities rather than chasing lenders?
Would this help you make money easier? No doubt.

Once the workshop course is ready, I will let you know how you can enroll.

Send me an email to be added to the VIP access list.



Fixed Rates Vs Variable Rates

 

Variables are in the mid 2's right now.  Fixed are in the low 4's.  I'd stick with variables for now.  I'd consider moving it when variables = fixed.  

People are worried about rates going up, implying their mortgage payments will go up.  

The easy way to defend against this is to set up a line of credit against your properties.  If anything goes wrong you will have access to funds to hedge your monthly payment. 

The other reason you should set up a line of credit is to have the downpayment to buy your dream home or to buy a rental.  If rates continue to increase, the market will slow, providing opportunities to buy.  



Newsletter not displaying properly? Click here to view on the web