Tag: wealth creation
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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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Co-ownership: Riding the wave
Those readers who have been following me for some time or with whom we’ve already had conversations (if not, book here!), will know that I advocate getting your foot into the market by any means necessary. Remember it is not timing the market, it’s time in the market. There are multiple strategies to get your…
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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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Crystal Balling: Back and Forth
Many insiders sense that Toronto real estate prices are going to soar in 2020. If December 2019 is an indicator, then things are trending in their direction. Toronto home prices saw a nearly 12% jump and with fewer days on market (compared to 2018.) The market is clearly showing what I’ve been saying to clients…
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Middle Class Angst
As outlined in a recent Financial Post article, Middle class net worth has nearly doubled in the past 17 years. What makes up the vast majority of middle-class wealth? Not savings, nor bonds or stocks; it is real estate (usually in the form of people’s homes.) “Most of this wealth wasn’t in financial assets, of course.…
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Co-venture Adventure!
When it comes to building community and wealth, most of us find that there just isn’t enough time (or perhaps energy), and something has got to give. For many, their investment strategy is to allow their hard-earned money to be invested by the person with the nice suit at our favourite bank. However, are you…
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Building Blocks of Wealth