Calgary #1 Place To Invest in Alberta – REIN
Filed Under Calgary Forecast, Canadian Real Estate, Investing · Tagged: calgary number one, canadian real estate investing, real estate investing, real estate investment network, REIN
I received my top ten cities report the other day, and guess what… Calgary is now the best place in Alberta for real estate investors. This is good for a couple reasons:
- The average prices and growth in the city will continue
- This will be great for buyers in the next couple months as they are now purchasing into a potential steady market
- Buyers over the past couple years who have seen a loss in their house may see some appreciation in their house value
What Don Campbell’s report shows is that after Calgary’s predictable correction of the last couple years we are at a point now where we have more affordable housing conditions, a stabilized economy and renewed optimism. This all bodes well for the next three plus years for Calgary to see above average growth in property values, in-migration and general happiness for Real Estate investors.
If you are in looking to make a real estate investment purchase, please let us know how we can help you out!
Time Seems Right to Buy…
Filed Under Buying, Education, First Time Buyers, Investing, Listings, News Articles, Selling · Tagged: calgary, Calgary Market, Calgary Real Estate, real estate investing
Shaken consumer confidence due to the world economic crisis has clouded the fact that it’s a great time to buy, says a leading real estate investor.
“People need to be telescopic in their thinking, not microscopic,” says Don Campbell, president of the Real Estate Investment Network, which has more than 3,400 members across Canada.
“Look five to seven years from now. Eventually, oil is going to come back, albeit not super hot, but between $70 and $80 a barrel, which will do super well here and create jobs.”
Calgary is in a relatively good position, he says.
“Calgary has a fairly diverse economy, average incomes are strong, and unemployment is down,” says Campbell.
“There’s strong in-migration (of people to the city) and the government is starting to spend money on infrastructure, so it will create jobs. People are coming here for jobs, but staying for the lifestyle.”
However, in the meantime “we’re on an 18-month rollercoaster ride,” says Campbell.
The Calgary-based real estate expert recently updated his bestselling book, Real Estate Investing in Canada, Creating Wealth with the ACRE System.
Campbell says his system works no matter if it’s a buyers’ or sellers’ market.
“What it will do is stop you from buying dogs,” he says.
Campbell tracks trends in the various cities, including each area’s economic outlook, migration, politics and municipal plans.
His system helps potential buyers spot markets that are over-or under-priced; before it happens, shows buyers how to spot towns that will boom or bust; and helps people accurately analyze each property.
As an example, if you’re buying, “follow the transit tracks,” says Campbell. “That’s where real estate values are going to increase.”
Interest rates are currently at record lows — and he’s predicting they will drop further.
“I see a 25-to-50 basis point drop in rates in the next couple of months,” he says. A basis point is a hundredth of one per cent.
“Right now, you can lock in for five years at 4.37 per cent — take it,” he says.
If you’re selling, “the important part is to not hope for the market of 18 months ago when you’re setting your sale price,” says Campbell.
“Be realistic. Think about it: today, there is a lot of competition — but there are buyers out there. Price it right and work on curb appeal.”
article from Calgary Herald
The Basics Of Real Estate Investing
Filed Under Education, Investing · Tagged: real estate, real estate investing
Real estate investments may not be everyone’s cup of tea, but some people who have already tried investing in real estate know that it can be profitable. Real estate investment experts say there are several keys to making significant profits in real estate investment deals. And when the deals are profitable, you will certainly be well on your way to success.
For real estate investment neophytes, don’t be afraid of the challenges and pitfalls you may encounter along the way. There is definitely a lot to learn, but in the long run after you have gained some experience, you’ll hopefully become a master at closing profitable real estate deals.
There are 5 core skills that are necessary for building a real estate investment business. These will be the key factors in creating a profitable real estate investment portfolio.
These are the 5 core skills of real estate investment:
- You must learn when and where to find the right kind of sellers.
- You must learn the art of being a master negotiator when it comes to closing your real estate investment deals.
- You must be able to quickly and accurately analyze each real estate investment deal so you’ll know exactly when to proceed and when to pull the plug.
- You must become an expert in all areas of real estate investment and understand such terms as lease options, cash sales, short sales and other terminology common in the real estate investment trade.
- You should totally understand the meaning and concept of investing in real estate, including all of the financial risks and benefits.
Now is a great time to consider investing in real estate. Like Warren Buffet says… “When the masses are greedy is a time to be fearful, and when they are fearful is a time to be greedy” There are great potential rewards and the effort you put forth can yield enormous monetary returns on your investment.
Your confidence level will grow when you’ve gained some experience and closed on your first few real estate deals. But, don’t stop there…
Continue to learn about real estate investing and to develop your investment skills. In a short time you may find yourself managing a profitable and growing portfolio of investment properties.
Continue to follow your real estate investment “game plan” and always keep an eye out for the hidden investment opportunities. The opportunities are definitely out there and with a little knowledge and desire can be yours for the taking. So, why not get started in what might be a new and exciting (and profitable) career today? For more information please visit The Chamberlain Group today… and we can help you achieve what you want in life through investing in real estate.
Life is Precious
Filed Under Real Estate General · Tagged: cancer, real estate investing, real estate investment
I’m writing today on a different note than real estate. I was talking to a friend/business mentor of mine who has recently been diagnosed with a terminal cancer, that is very rare, and likely doesn’t have long to live. I was speaking with him a couple days ago, and it really hit me how precious life is. My friend has two younger children, a wife and has invested in real estate. His daughters know that he is sick with cancer, but are unaware it is terminal. This absolutely breaks my heart, and there are many questions that arise during a time like this. The doctors have given him a couple of months to live. He has decided to kick the chemo and go the natural route to see what can be done that way.
Why I bring this up, is that my friend, like I said, invested in Real Estate. I have seen the power of investing in Real Estate, but have seen it in a new light this week. He has now set up a future for his family if he does pass. Real Estate is a powerful investment tool no matter what the market is doing. Even though the market is slower right now, there is equity that he can feed off of if need be.
I don’t want to mention names, but if you are a praying person, I know that my friend would be very appreciated if you said a couple words to the big guy upstairs for him and his family. I know that he isn’t the only one suffering with the awful disease of cancer, and my prayers go out to all who are in need.
If any of the readers here, have some suggestions or thoughts that may help my friend out with different treatments, that would be appreciated.
