Friday, April 27th, 2012 at
A residential investment property in Barrie is your ticket to making money through resale or leasing of the property to residents. There are three different kinds of residential properties including condos, homes and multi-family properties. Each type has its own set of financial requirements as well as advantages and disadvantages.
Are you thinking of purchasing a Barrie investment property?
Privately owned homes
This is a single-family residence occupying an independently owned piece of land. This type of property is highly valued because of the amount of space and level of privacy it offers. The negative side of this property is the fact that the house may remain unoccupied and available for rent for a long period of time because of its high value.
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Monday, March 28th, 2011 at
Are Real estate seminars in Barrie & Toronto a Scam?
Maybe ‘scam’ is a harsh word, let’s say, ‘less than fulfilling’. While real estate can be a very good investment vehicle worth considering, some people are now offering real estate seminars in Barrie and Toronto that make outrageous get rich quick promises. Many people are attracted to the prospect of making thousands of dollars on properties after investing a small amount of money. You can end up investing hundreds and even thousands of dollars for these seminars that tell you there is fast money in real estate. While some seminars are legit, some are a scam….err ‘less than fulfilling’.
The first thing I would say is that investing in the Barrie real estate market is worthwhile and has been worthwhile for a number of years. The market here is relatively stable and although you are unlikely to see amazing capital appreciation over a short period, you are more than likely going to have a steady investment. Properties here typically cash flow but only just. Read the rest of this entry
Tuesday, January 11th, 2011 at
Discover Your Barrie Real Estate Investment Choices
I firmly believe that if you consider your investible assets as a whole pie, a piece of that pie should be in some form of Real Estate. Certainly you should consult with a financial planner before making any investment decisions, but do bear in mind that in the same way that I cannot give you investment advice regarding stocks and bonds, neither can the average financial planner give you detailed information about investing in Barrie Real Estate. So before putting 100% of your investible assets into a stock or bond portfolio, consider having a chat about Real Estate as an alternative. Even in todays Real Estate market the Barrie Real Estate area offers a steady return on investment. Talking costs nothing, not talking could be very expensive.
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Monday, January 3rd, 2011 at
Attention all investors and buyers who want a nice home in a good neighbourhood that requires some minor TLC but is listed below recently appraised value. Read the rest of this entry
Friday, October 29th, 2010 at
Well you are not alone. The govt. did a pretty poor job of educating the general public on how HST was going to affect the RESALE homes market in the Barrie Real Estate area. Actually they did a poor job all over but I did have to explain this many times over during the last 6 months. It seems however, that the HST confusion has been fairly widespread. The article below is an independent pole on behalf of the Ontario real Estate Association. Enjoy:
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Sunday, October 24th, 2010 at
Now that’s a question! Fear is a very limiting obstacle to your personal growth,however, it’s not the failure that you fear it’s the fear itself. The usual way of approaching fear is to think of all the things that could go wrong when you are tackling something, however, what would happen if you tried it from the other approach, try thinking of all the things that could go right if you just tried. OK so I’m not a major in psychology and I didn’t make that last piece up. In fact it was Jim Rohn who first suggested to me that you should look for the positive outcome in any situation. I came across this short video from Brian Tracy on You Tube this morning and thought it was very well done so I decided to share it here. Read the rest of this entry
Thursday, July 15th, 2010 at
There was a really interesting article posted in the Globe and Mail this morning. (Thank you Katherine for bringing it to my attention). It concerns the levels of debt that Canadians are taking on and looks at various cities around Canada to try and figure out the net growth of wealth in certain cities. The full article is contained within this link: http://www.theglobeandmail.com/globe-investor/personal-finance/want-to-boost-your-net-worth-live-in-a-mid-sized-city/article1640442/?service=email
Of course in my usual way I just felt compelled to reply to the post. Debt can be a widely misunderstood term and I thought I would share here my post on the globe and Mails website. Hopefully this is thought provoking and no too antagonistic. Read the rest of this entry
Thursday, June 17th, 2010 at
We come across many different ideas in the Barrie Real Estate market, and this one we thought was worth repeating. Buying an investment property or renovating an existing one involves many different aspects, and one that is often overlooked is the return that you receive on your investment once you have made the renovation. The return on investment revolves around spending say $10k for a new bathroom vs what value does it typically add to the property when you come to sell?
Wednesday, April 14th, 2010 at
By popular demand we will be hosting a lease to own evening on Wednesday 28th April 2010. The owners of an ethical lease to own company will be coming to Barrie to talk to investors about the pros / cons of lease to own investing. Read the rest of this entry
Thursday, March 25th, 2010 at
Barrie Real Estate as a part of a holistic approach to a portfolio.
Some people, and some agents, will tell you that ‘now’ is the best time to buy Barrie Real Estate. I’m certain that over the next few months there will be many reports on how great the Barrie Real Estate market is and how not getting in now will be a mistake. Well I’m not sure that it is and I’m not convinced that it isn’t. What I do know is that investing in Real Estate needs to consider many factors but market emotions, isn’t one of them.
Having spent 18 years in international finance running portfolio’s for major banks I feel I have a unique blend of investment experience, economic awareness and can bring this to the table to help my clients understand the long term impacts of investment Real Estate.
So what is ‘Investment Real Estate’? Read the rest of this entry