Invest Kamloops Newsletter | Jan 20, 2015 | Vol 2 | Issue 2
This week was busy for me with conferences(more on that later) but I also enjoyed some family time – even if it was a shopping trip to Home Depot for some odds and ends for a property.
– Learned the market is starting to heat up. There were multiple offers on the fourplex I tried to tie up last week.
– Took in some great info at a Reno to Rent event in Calgary.
Here is this week’s newsletter:
- Book Review – Ozzie Jurock’ Real Estate in Canada
- Calgary REIN Event – Tips to Reno for Maximum profit
- Deal of the week: analyzed, researched, and ready to buy!
I read Ozzie Jurock’s book “Real Estate in Canada” last week. The book poses the journalistic questions “W.W.W.W.W. and H.”, then walks the reader through the logical answers.
“I keep six honest serving-men, (They taught me all I knew);
Their names are What and Why and When, And How and Where and Who” – Rudyard Kipling
This book is about your real estate investments.
Page 244 has the best types of property to purchase: Your own home; single family homes with basement suites, waterfront property, newer condos in major cities, apartment buildings, select commercial property, and most importantly BUY FOR CASHFLOW.
Sometimes the best place to put your money to work is in your community, and sometimes it is thousands of KMs away. Good options include Casino Towns, major markets(during a downturn), or small towns in Ontario, Alberta or BC that have the following:
Calgary REIN event REVIEW – tips to maximize profits on renovations.
There were only 3 jackknifed semis on the drive from Kamloops to Calgary yesterday…
Why on earth was I on this highway instead of being with my family?
DO YOU NEED REAL ESTATE ADVICE?
Due to an overwhelming demand for consulting services, I am limiting new clients.
– trying to decide if Real Estate investing is right for you?
– struggling with a nightmare tenant?
– thinking about selling?
If you have a real estate problem, advice from a third party can be invaluable. I have a solid consulting track record and has dealt with evictions, filling vacancies, and every tenant situation imaginable. Since services are in high demand, consulting rates start at $100/hr.
Book a FREE, no obligation, 30 minute phone call with me to learn if we can work well together. Call 1.888.532.7660 or email firstname.lastname@example.org.*
*When requesting a phone call, please provide as much information as possible. A detailed message or email complete circumstances will ensure I can best help you quickly.
DEAL OF THE WEEK
This week’s deal is ready to go! Someone did a great job setting up a high income student rental, although I’m disappointed in the low basement rent. There is an opportunity to increase revenue in this already huge cash flowing property with the addition of another bedroom downstairs. Here are the numbers:
To get full pro forma with the address and detailed numbers, you must either be on my investors list by clicking here, or be a paid subscriber(I am practically giving these away.)
You can see what a full proforma looks like by clicking here: 724 Battle Street.
There are simply too many good deals in Kamloops for me to capitalize on all of them. As result, I will be publishing my proforma reports and the plans I would carry out on these properties to produce the double digit returns I talk about on this website.
Since I am doing deal analysis on an ongoing basis anyway, I may as well help anyone who is searching for their next property in Kamloops.
The value of these analysis?
Well, if I could purchase them all, each one would be worth $1000/mo(the REAL cashflow of my most recent deal). Since I cannot at the moment purchase them all, you can have them for $7 each.
Why only seven dollars when I spend at least two hours per week on my initial due diligence? Because I want to make sure the opportunities I find benefit you, my loyal readers. If you can make money with a property I find, that makes me happy.
If you would like to access to the password protected site area “Deal of the Week”,
Invest Kamloops Interview Series
The Invest Kamloops monthly interview series features successful business owners and investors who are benefiting from the Kamloops economy. You will learn the secrets to their success, and specific strategies to implement.
Whether you are just starting out, or have been investing for a while, the stories here will inform and inspire.
Please sample the October 2014 Mastermind call from a successful REAG member with a deep well of experience. It was a pleasure to interview this gentleman: Mel Johnson Interview
Sam Perren is a Real Estate Investment Advisor, Family Man, Published Author, and works as a Police Officer. Sam has purchased over 1 Million dollars in residential real estate, and is a member of Mastermind Networks who’s members have purchased over $5B of real estate. Sam’s education and experience includes two years of university sciences at UBCO, two years of carpentry, and more than seven years law enforcement. Sam successfully completed the Canadian Securities Course in 2011, a credential required for all financial advisers.
Sam is growing his portfolio using the S.A.F.E. principles he developed, and has been creating double digit returns using Real Estate since to the delight of his partners since 2009. Sam is seeking more investment partners, however due to time constraints, opportunities to work with Sam are limited.
Minimum capital required to work with Sam is $150,000 unless you wish to buy part of an existing deal.
To learn more about the S.A.F.E. business model, and see opportunities available right now, click here.
Sam lives and invests in Kamloops BC, and can be reached at 1.888.532.7660 or email@example.com.