| Greetings Friends, Although we are writing the Revival in Florida for the second month, we were delighted to hear that our home province has decided to lift many of the archaic lockdown measures and loosen some of the confused quarantine rules. We’re pretty jazzed for our friends, clients + Ontario’s small business owners! Working remotely in sunny, south Florida has not slowed our Real Estate activity in the slightest! Last week alone, we successfully negotiated two under-asking offers for our Peterborough investment clients! Way to go for taking action! This month on the joint venture side of our business, we also inked a partnership on a 12-unit, value-add apartment building in Durham. Stay tuned for details on this home run! On that note, we are GROWING! There is another exciting, multi-family investment opportunity in the works! We will be including ONLY 3-4 investors for this upcoming project! So, please reach out ASAP if you have funds that you’d like to invest for great returns. Below I’ll outline the signals we are using to help our clients continue to exceed expectations and make 2021 a fantastic year… So, on to the Meat of the Matter: Our monthly highlights of the market and random opinions! |
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| Real Estate Market Insights: TRREB STATS: The average selling price across all home types in May was up by 28.4 year-over-year, reaching a record $1,108,453! Sales remain roughly 20% above 10-yr averages in metros like Toronto and Vancouver. We continue to see a very strong flow of new listings in most markets, with Toronto at +10-year highs on a 12-month rolling basis. Inventory levels continue to tick up in most metros, albeit off a very low base, but overall months of inventory are at almost half of long-term norms in both the condo and single-family segments in metros like Toronto. Peterborough stats for May were just as HOT! The average price of homes sold in May was $715,815, however the more comprehensive year-to-date average price was $698,816; a whopping 39.6% from 2020. To our investor clients and joint venture partners this month: Good for you on taking action! Once we are allowed, Ontario Assets will be restarting our Peterborough investor tours this season. On these we discuss the strategies we use to buy, renovate and rent for massive gains while touring properties currently on the market! In the meantime, check out this video wherein I breakdown a quick way to analyse rental properties in Peterborough, ON. using two basic tools. This month we hosted some FANTASTIC podcast guests and heard expert advice on all things investing. Check out all of the episodes on our YouTube Channel. Please hit that like and subscribe button to help us get to our goal of 100 new subscribers by the end of July! |
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| “It’s hard to get a hit if you don’t step up to bat.”― Sam Zell |
| Random Opinions: Historically, Canadian real estate has been a fantastic long-term investment. Over the past decade, low interest rates, lack of supply + the growing Canadian population have made investing in Canada even more attractive. Strategic real estate investing can help you reach financial freedom far more quickly, and with greater ease, than almost any other investment; like it has for some many others. Great returns + monthly income are only a few of the benefits. Every successful person wants to invest in real estate. These people are business owners, healthcare workers, teachers, and corporate executives – and they all want the safe, high-yield returns that real estate investments can provide. The rub is that they don’t have the time, network or interest to do it on their own. These folks recognize that while real estate is one of the best investments on the market, it’s also not very “passive”. They (just like you) want the return – WITHOUT the effort. This is the main problem that we solve for would-be investors. Joining forces with Ontario Assets is a smart way for busy people to build a profitable real estate portfolio, without the concerns of being “hands-on”. This can be done as a joint-venture partner or as a secured private-lender. Reach out to us today to learn more or claim your spot in one of our upcoming investment projects (spots are limited!) How easy is that?! Now, go out and get some exercise, vitamins + sunshine! Oh, what a wonderful world! |