GREENLIGHTING A PROJECT
  
For Accredited, Eligible, and Non-Eligible Investors
We took our first look at this Coquitlam project in November 2020, and spent the next 3 years negotiating through market volatility and personality challenges.
After 2-1/2 months of due diligence, our team has approved the acquisition of a parcel of land for rezoning from commercial to high-density residential.
Phase One is purchase and rezoning.
Phase Two is yet to be determined and will depend on market conditions 3 years from now.
To determine your eligibility, you may review the National Instrument 45-106 definitions under 1.1 (j), (k), (l), (m) are the most common individual criteria. By next month, I hope to deliver news that will delight non-accredited investors.
Please email me at july@otbec.com if you have not received an invitation to attend an investor presentation, or simply download a free copy of my book The 7 Profit Centers in Real Estate at www.JulyOno.com and you will be automatically subscribed.
HAPPY TAX FREEDOM DAY: JUNE 19
If Canadians paid all their taxes up front, they would work the first 169 days of the year up to June 19, 2023.
Next year, Tax Freedom Day falls 8 days later on June 27, 2024 as our tax burden increases.
According to Canada's National Debt Clock, your share of the debt is $30,075.
On June 16, Canada's population reached 40,000,000; multiply by your debt share and the total comes to $1.2 Trillion.
HOW TO PICK WATERMELON
Tis the summer season to enjoy sweet and juicy watermelon, but it has always been hit and miss for me in selecting a good one.
Here are the top 4 out of 8 things to look for in a good watermelon:
1: round is sweeter; not oval
2: yellow spots are good; not white
3: look for veins and a consistent stripe pattern
4: listen for the pitch when you tap on it; low is ripe
For a quick science lesson, high pitch means there is less water and therefore not ripe.
|
