Tag: appreciation
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The Revival – Feb 2020: Problems need Solutions
As many of my clients and colleagues know, I think it’s sloppy to believe we can “read” someone else’s mind (although many attempt this daily by assuming they know what is going on in another’s head.) In the same vein, I am also no fan of what I call “future thinking“; this is guessing what…
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January 2020 Peterborough Stats and a look back…
2020 update: Peterborough is HOT and for all of the right economic reasons. I will lay those out below but first let’s look by the numbers. A look back to begin with; According the Canadian Real Estate Association, “The average price of a Peterborough home jumped to $416,011 in January (2019), up from $369,715 in…
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January 2020 T.R.R.E.B. Stats
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Peterborough Project Progress
https://youtu.be/XdEgbTRghEI
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The Revival – Jan 2020: PROJECT REPORT
On December 19, 2019 we closed on another property in Peterborough, ONT. We purchased the property with a co-venture partner for $300,000. At the time of purchase the house was a 3 bed, 1 bath with living, dining and large kitchen. The home was in need of some love, but had solid bones and sat…
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Peterborough Poised
Why is EVERYONE talking about Peterborough all the time???? Ok, they aren’t. But we are! And here’s why: As real estate investors we are always watching for a city about to have a boom (increase in property value!) combined with solid economic drivers. In December 2019 the avg. sale price of a home in Peterborough was…
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All time high home prices: Peterborough
Article from the Peterborough Examiner stating the data. We are seeing the same results with our clients and their property values increasing! We feel that this trend is just heating up and with the completion of the 407ETR (due to finish in spring 2020) we will continue to see this rising tide lifting all boats……
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The Power of Infographics!
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Peeking under the Kilt…5 year ROI.
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Buying equity for easy recycling…
The first step to using the BRRRR method is to find a property that is priced well below market value. This way you are buying equity right from the beginning, which is one type of “payday”. Buying under market value though is very important at the time you decide to refinance an investment property; remember…