Investment Real Estate in Vancouver can prove extremely lucrative with the right Team behind you.
The Place Real Estate Team specializes in sourcing cash flow positive investment property in the Greater Vancouver and Fraser Valley. We have been providing investment consultation for many years.
Every investor is different. Maybe you are thinking about taking your first step into Investment Property, or maybe you are a seasoned investor looking to fine tune your portfolio. Adam Chahl and his team customize an investment plan particular to your needs.
We break our clients investment strategies into the following acronym: I.D.E.A.L:
I = Income from rents
D = Depreciation (tax benefits)
E = Equity build-up as tenants make their payments
A = Appreciation as the value of real estate grows
L = Leverage through the use of “other people’s money” and/or financial institutions
There have indeed been times during the past quarter century, when equal weight could have been placed on all five of these important factors as dimensions of profit potential. The reason was that all five of the “ideal” factors were at work at the same time.
In recent years, the government reformed the tax laws in a major way and clipped the wings of this kind of investing, except for a few lingering and selective advantages. At the same time, appreciation took a U-turn in many areas of the country. Thousands of new investors who had jumped into the fray with minimal business sense, found themselves enrolled in the School of Hard Knocks – without a scholarship.
They can still enjoy equity build-up (even while they are asleep at night), and leverage is still a vitally important dimension (in many respects the most important dimension) of this type of wealth building.
The consequence of this historical shift has been to place real estate investing forcefully into the only context where it makes any kind of sense at all…. CASH FLOW.
What does it take to succeed?
Here are some of the key characteristic elements that by and large, those who succeed seem to follow:
Vision – Cultivate an unwavering vision of what you want to achieve. This vision is not fuzzy or tentative, but specific and tangible. “Visualize until you realize.”
Goals – Translate your vision into specific, tangible, time-conscious goals that can be measured, monitored, and adjusted on a regular basis.
Action Plan – Translate your specific goals into a set of behaviours designed to produce specific results. Real estate investing, like any other business activity, must be reduced to daily and weekly actions that are tied to the goals and the vision of the enterprise.
Teamwork – The successful real estate investor, without exception, knows the power of working within the team context. Building a team of professionals from real estate agents, mortgage brokers, lawyers, accountants, insurance agents, appraisers, contractors, partners and a host of other key people who service and support are indispensable from time to time. You must bring together the various people with affinity in order to achieve a win-win configuration that produces results.
Creativity – Creative deal-making and financing is the foundation of real estate investing. The traditional formula, exposing all our secrets to the scrutiny of the financial institutions and using the hard-money lenders to finance the rest is old-school (unless of course you have willing partners in your back pocket with the capital to go to work). You must also consider creative techniques designed for property sellers who are flexible in price and terms because of “high” motivation. This is a key ingredient to successful real estate investing.
Professionalism – What is required in successful real estate investing is the same thing that is required of any business venture: a profit-and-loss mentality; attention to the bottom line; and reading every lease, every document, and every contract involved. If you are willing to keep score, then you can play the game. There is no magic wand. It takes keen business sense. And if you don’t have it, then learn it, or get someone(s) on your team who knows it inside and out.
Honest Effort – It has to be honest – win-win in every respect – or you will slip and fall eventually. What goes around, comes around and what comes around, goes around. We do not work in a vacuum. Everyone has to win or no one wins in the long run. And it takes lots of effort. Real estate investing is hard work, but the rewards can be generous.
Cash Flow Properties Vancouver
Investing for cash flow property in Vancouver is one of the smartest investments you will make in your life. We teach, and follow ourselves, many strategies put forward by Robert T Kiyosaki who encourages his readers to achieve financial freedom through the purchase of income generating assets. The most notable being Real Estate – due mainly to the leverage that is available.
Whether you are looking to purchase your first Vancouver Cash Flow Property, supplement your income, or looking towards retiring, we can find cash positive property ideal for your needs. Contact us and we can get started right away!
Flipping Vancouver Real Estate
We’ve all seen many shows on TV these days where people make a ton of money doing not much work in a very short period of time. Most of the time, everything goes well and the investors come away on top… It’s true, there is money to be made in flipping Vancouver Real Estate, and with the guidance of the Place Real Estate Team many of our clients make a great return.
Contact us by filling in the form below to have a chat with us, and see if flipping could be a suitable strategy for you.
Investment Portfolio Analysis
Do you have a current investment portfolio of one, two or many more properties? Thinking about liquidating some assets in order to free up some borrowing power? Contact us by filling in the form below, and sit down with one of our team to analyze your current portfolio, and see how we can help maximize your cash flow.
New to Investing?
It is important to be prepared. If you are thinking about investing in Vancouver Real Estate, then get in touch with us today, to find out how the process works, and we can show you the exciting possibilities with regards to Investment Real Estate. Contact us today and lets get going!
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