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FACT: Investing in Commercial Properties Makes More Profit!

I’ll start with my usual note that making an investment in real estate is not a decision to be taken lightly, that is why it needs to be done right and given to the right hands.

There’s no doubt that every investment property should be profitable, but what makes the return fluctuate is the type of properties being invested in. Today I will talk to you about the high return of commercial properties.

A commercial property is one that is being used for any business activity, such as shopping centers, offices, warehouses, and medical clinics & outlets. Of course there is the obvious steady source of income that comes from renting out the property, it is a great source of financial comfort and stability.

On the other hand, there is a significant increase in property value when the commercial property starts taking its full shape. Lets say the property gets a clinic tenant, and then a pharmacy tenant, that will turn your property into a powerful services provider and therefore it’s value increases. A few weeks later you acquire a dentist clinic tenant, which increases the value even more and so on.

Businesses are based on customers and nothing else; customers buy products and services, the more customers the businesses receive the higher their profile becomes and therefore the value of your property increases.

Renting to business tenants has many additional pluses. Business owners take pride in their businesses and some even call them “My baby”, this results in them taking great care of the property to keep a fresh public eye on them. They also tend to maintain healthy and smooth B2B relationships with their landlords.

The right real estate agent will be able to give you the accurate advice you need and help you make the right choice in terms of location, size, business profiles, and how to establish a fully functional commercial property that thrives.

Please don’t forget that I’m available to answer all your questions so feel free to contact me any time.


Why is property management so important when investing in real estate?

Investing in real estate is certainly not a spur of the moment decision. It is an outcome of well-calculated and well-studied choices of many opportunities. So why do some people ignore the second most important step to maintaining such an excellent investment, management?

Professional property management should be looked at as a money-saving method, because ultimately that’s exactly what it is. It’s a way to sustain the good investment you just made and make it grow bigger, because an investment should start giving back from day one.

So how can your investment start giving back so soon?

In short, the answer is Property Management. Here’s why:

A property management company is a service provider that manages properties for a monthly fee. Its sole purpose is to make life easier for the owner and take care of day-to-day tasks that all types of properties require.

Their typical tasks are:

Marketing services:

  • They provide multiple analyses of property and location to determine the appropriate rent level of your property.
  • Advertise about the property in relevant medias.
  • Carry out credit checks.
  • Meet with potential tenants to show the property.

Operations:

  • Assessing and selecting maintenance companies to carry out necessary repairs and periodic maintenance.
  • Assessing and selecting cleaning companies for the property’s common areas.
  • Receiving and dealing with any tenant complaints.
  • Assessing and selecting contractors to check all or parts of the property before and after the tenants move in.
  • Dealing with evictions or any lawsuits.

Cash flow:

  • Rent collection.
  • Recurring expenses payments, such as electricity and water.
  • One-time payments such as repairs.
  • Paying any property taxes.
  • Paying any property installments.
  • Paying profits to the owners.

The above are all tasks that every property owner can live without. All owners have their own jobs and families to worry about and have no time to carry out all the necessary duties to managing a property.

Please remember that I am always available to discuss all of your concerns and answer all of your questions.


How do you know you found the right house?

There's no doubt that buying a new house is a big decision for anyone. It's a place that you need to be able to turn into a home and share the most important family memories in.

So let me walk you through a few telltale signs that you may have found the right place for you.

First and foremost, my most essential advice to you is to know what you want. You should know what essential factors you are looking for in your new place, and you should also know your budget; this will help narrow down a few options that are the most suitable for you.

The First 5 Seconds!

The first 5 seconds of entering the property you get a warm feeling and an inviting urge to look around and start exploring.  A great sign of a connection between yourself and the house.

The Basics Fit!

It would be unrealistic to expect a house to fit your list %100, but it should feel like all your basic wants and needs are being met.  So if the basics fit, then it’s worth sticking around for more.

You Get Visions!

You literally start imagining how the living room's wall would look great in warm blue colour, or how the kids' room could be split into a sleeping area and a play area. You basically start furnishing and styling your new home in your head.

You Become a Bit Protective!

You are looking around and suddenly someone points out a stain on the wall, but you immediately dismiss it as a solvable problem. People who fall in love with a certain property overlook small issues that could easily be solved.

You want to call everyone!

You can't wait to go home and call everyone you know and tell them about this "great house I saw today"!

You want to stop looking!

Now that is a big sign you may have found the place for you. Wanting to stop looking at other houses is definitely the biggest sign of them all. You feel you have found what you are looking for and therefore lose the need to waste your time and look further.

I hope these few signs help you pick the right home for you, and don’t forget that a knowledgeable agent will never pressure you into a property that is not right for you.

 


Knowledge and Success in Real Estate Investing!

So how does investing in real estate REALLY work? Its a question I get asked a lot in many different ways, "How do I know this is the right investment for me?”, "Is it the right time for me to invest in this property?", "How much return-on-investment will I be receiving and in how long?", and so on. The title of my blog gives away the answer in short. Investing is a complete package that consists of the right type of knowledge, the amount of money invested, planning ahead and having a clear roadmap, and the comprehensive management that ties them all together.

There is no doubt that an investment is one of the toughest decisions we make in our lives; it is a responsibility for the past and a promise towards the future. That is why your future return should be rewarding, it is an investment that should cover the risk you take and the cost it takes to make one.

Knowledge is certainly the place to start. And we are not necessarily talking about your own personal knowledge, but rather your intrigue and intelligence in seeking the right knowledge. Finding the right person for the job is half the job, and trusting their years of experience will save you a lot of risk, money, and time.

Take a Cash Flow Income Investment for example, it is the type of investment that allows you to buy a real estate property such as a medical center and manage it to create a consistent stream of cash flow. The cash flow from this type of investment has many sources such as rent, profit from the businesses themselves, and the higher equity of the property as it becomes a complete set of services under one roof. Those are not factors that everyone is familiar with or have experience at, that is why it is essential you sit and talk with someone who knows all of these info through repeated practice and not in theoretical numbers.

A knowledgeable broker will take a look at your financial capabilities and know exactly if that is the right type of investment for you. They will also tailor-make a plan that fits your needs and expectations of an investment and make sure you receive the projected return-on-investment within the projected timeframe.

Always make a list of questions and any potential concern you may have and discuss them with your broker.

 


The Medical Invest Program

What is the Medical Invest Program?

It’s a program I designed carefully that allows ANYONE to invest in the highest return on investment segment available in the market, the Medical Centres.

The reason why this program is thoroughly designed is because anyone can be a part of it. You don’t have to be a healthcare professional or even in the healthcare field to own a medical centre. Just like anyone can own a house and rent it out, anyone can own a medical centre and rent it out.

What does this investment mean to YOU?

This type of investment means you will have a steady, extra income that can go into securing your future and your family’s future. It will allow you to have financial flexibilities that you may have always dreamt of.

How can all this be achieved?

I am well aware that not everyone has the right tools to find their way through such an investment, that is why I have developed the accurate tools that allow me to help you on your investment journey, with only 3 simple steps:
 
Find, Develop, and Manage.
 
Find
I will find the right location that fits your financial and personal profile.
 
Develop
I will work closely with you to prepare and develop all the necessary plans to build the medical real estate according to all the specific professional standards.
 
Manage
I have a specialized medical property management team that promises to manage the centers from A to Z, including making hefty offers for healthcare providers to come and work at the centers.
 
Call me or anyone of my team today with all your questions and we will be more than happy to fill you in.

It’s an opportunity not to be missed

 


Investing In Real Estate Through Your Business

Do you own your own business? Are you planning on owning your own business? Then you probably need to continue reading!

Buying real estate goes beyond buying a place to call home. And investing in real estate goes beyond buying a home and reselling it.

Investing in real estate with the help of the right agent means long-term financial security and a solid future safety net.

I know that owning your own business is costly and at times draining, and that a second income might seem imperative to be able to cover any extra costs and save some money for the future.

This is easily achieved when owning your own business. All you have to do is invest in a property that can be both the location to your business and the location to other businesses that you rent out to. You are basically generating an extra income other than the primary income of your company.

Becoming a landlord is an easy task especially after making the right property choice. Your agent should thoroughly understand the type of business you own and the type of landlord you will become and make property choices accordingly.

In addition, considering hiring a property management company will not only save you a lot of hassle but will also save you a lot of time and money seeing that a specialized company will be involved in collecting rent and maintaining the building for everyone’s benefit. Property managers can help landlords head off so many of the challenges associated with rental properties.

You should also discuss the return on your investment with your broker. He should be able to calculate your likely gross rental return, which will basically act as an indication as to how much time it will take for your to break-even in your property investment. A gross rental return can be around 7%, which is a relatively high percentage.

So if you are currently looking for a new home to your business, or a home for your new business, I want you to slightly widen your scope of thinking and put on your investment thinking hat. Owning your own property will certainly give you the opportunity to invest in your future and your family’s future and be able to generate an extra income. Rental income is considered one of the best security blankets anyone can have in almost every part of the world.

 

 


Return on Investment (RoI) in Real Estate

Why does the return on investment in real estate vary from one individual to another? Even when the amount of investment is the same?

First, let me start by giving you a clear definition of ROI (Return on Investment).

ROI is calculated as a percentage, and that percentage expresses the company’s or the individual’s profitability and it measures the efficiency of an investment. ROI formula is (Net profit / Cost of Investment) x 100.

Looking at the above formula, everyone would agree that a high net profit and a low cost of investment would be ideal figures for a higher ROI. So how can anyone achieve that?

The short answer is: knowledge!

ROI in real estate could be achieved in many ways. But first, they all entail acquiring a tangible property, which is no easy task. The condition and state of the property and what you do with it later on, whether you want to sell or rent it, determine the percentage of your return on investment.

The property could be just a piece of land, or a land with a house on it, or a land with an office building, or a land with a warehouse or an apartment. It could be anything, and how you choose to refurbish it or even put it up for sale or rent can be the deciding factors here.

Investing in real estate is unlike many other investment methods. The fact that you have a tangible equity that you can personally be involved in has its own psychological assurances that aren’t present in other types of investments such as stocks for example. A person is in more control of the outcome of the real estate investment when proper calculated steps are taken with the help of a knowledgeable broker.

A knowledgeable broker will:

  • Accurately calculate the right amount of investment that suits your financial status and needs.
  • Find the right property areas that fit your budget and investment aspirations.
  • Find the right land, property, offices or any type of property that match your exact requirements and vision.
  • Seek city approvals and all necessary paperwork.
  • Renovate, restore, and renew all necessary aspects of a property.
  • Tweak and adjust the plan along the way.

In conclusion, I can confidently state that the difference between a higher ROI and a lower one in real estate is equivalent to the difference between hiring a knowledgeable broker and an entry level one. Always go for knowledge as it will definitely give you value for money!

 

 

 


MARKET WATCH - STRONG SALES GROWTH CONTINUES IN MAY

June 3, 2016 -- Toronto Real Estate Board President Mark McLean announced that there were 12.8% over the same period last year. In contrast, the number of new listings was down over the same time frame by 6.4%. 

"Whether we're talking about existing homeowners or people looking to purchase for the first time, there is no shortage of buyers in the marketplace today. So, while the record number of home sales through the first five months of 2016 is not necessarily surprising, it does sometimes mask the larger story in the GTA: the shortage of listings, which has resulted in strong upward pressure on home prices," said Mr. McLean.

The MLS® Home Price Index Composite Benchmark was up by 15% year-over year in May 2016. Similarly, the average selling price for all home types combined was up by 15.7% over the same period.

"Widespread competition between buyers of singles, semis and townhouses across the GTA has underpinned the robust annual rates of price growth experienced so far this year. With this said, however, it is also important to understand that tighter market conditions for condominium apartments have resulted in price growth well above the rate of inflation in this market segment as well," said Jason Mercer, TREB's Director of Market Analysis.

LOOKING TO SELL YOUR HOME? CONTACT ME TODAY TO HELP YOU MOVE IN THE RIGHT DIRECTION!

 


SPRING CLEANING THE ECO-FRIENDLY WAY

It’s spring time! Let’s wash away those last bits of winter with some good old-fashioned spring cleaning. We’ve got some tips for cleaning up that are better for you and better for the environment than some of the traditional cleaning products you find in the stores.

Cleaning stainless steel – Olive oil and white vinegar work well to clean stainless steel and remove the smudges and fingerprints from it. Start with the oil on a clean rag rubbed over the stainless to polish and remove the smudges. Follow up with the vinegar on a clean rag to remove any residue. Let dry.

Cleaning glass – Mirrors and windows can be sparkling clean with a 1:1 mixture of white vinegar and water. If you find that you’re ending up with streaky windows with this method, use about 1 tablespoon of rubbing alcohol in 3/4 cup water to remove all the traces of the previous glass cleaner from your windows. From then on, you should be able to use the vinegar and water mixture with no problems!

Cleaning furniture – Most of the time a slightly dampened clean cloth will do the trick when it comes to dusting your furniture but if you find that you need to occasionally polish it, here’s a mixture to try. Add a few drops of olive oil to 1/4 cup of white vinegar. Shake this up and using a clean rag, rub it onto your furniture. Use a dry rag to remove any excess and to buff the wood. (You may want to try this on an inconspicuous area of the furniture to make sure it’s safe for the finish).

All purpose cleaner – This works well for kitchen counters, appliances, inside your refrigerator, and items such as trash cans and cat litter boxes. Put 4 tablespoons of baking soda in a quart of warm water. Apply with a sponge. Follow up by wiping with a clean sponge or rag dampened with plain water.

Scouring powder – Just apply baking soda with a damp sponge. I keep some in a jar beside my kitchen sink so it’s handy!

Toilet bowl cleaner – Mix 1/4 cup baking soda with 1 cup vinegar and pour it into the toilet. Let it sit for half an hour. Scrub with a brush and rinse


5 HOME SELLING TIPS FOR A HOT SPRING MARKET

Depersonalize:  You want buyers to walk through your house and feel like it's their home, and things like a cluttered wall of family portraits are guaranteed to prevent buyers from emotionally placing themselves in your home. 

Fresh Paint:  Strong colours on the walls or wild wallpaper make it hard for buyers to imagine their furniture in your house. Consider repainting your home in neutral colours that will enhance a room's size and look more inviting.

Clean:  Next to painting your home, cleaning your home is the most cost-effective way to increase your home's appeal.

Add Touches:  You don't need to spend a fortune to make a big difference. Replace old window coverings with new draperies, add mirrors on the wall to help rooms feel more spacious and don't forget the outside of your home because curb appeal is the best way to make a great first impression.

Cost of Improvements vs. Potential Return:  Don't get so carried away with prepping your home that you forget why you're doing this - to get more money! You need to consider two things before making any improvements. Will this make my home more desirable to buyers? Will this increase the value of my home more than it costs me to do it?