Invest Kamloops Newsletter | Feb 6, 2015 | Vol 2 | Issue 4
It’s going to be a great long weekend!
Please take some time to enjoy your family on this Family Day weekend.
My in-laws are coming, but I’m headed to the coast to visit my brother and uncle, and maybe see my nephews too. I’m also going to be at a networking event working to bring more investors to Kamloops, to benefit their families and mine.
I will update you on how that goes, but here is what I’ve been up to this week:
– got involved with the Kamloops Real Estate Club and booked an accountant speaker for our next meeting Feb 26th.
– been making weekly call to my “accountability partner” Sgaan. We are building similar businesses in different asset classes, he in multifamily and me in SFH. It’s nice to have someone to share the ups and downs with, and brainstorm.
– viewed 5 houses and made 3 offers, one is featured below
Here is this week’s newsletter:
- Why I am known as “KamloopsBestLandlord.com
- Invest Kamloops TV – How to select rental properties
- Deal of the week
Why I am known as “KamloopsBestLandlord.com
I snapped a quick photo while helping my new tenant move at 8pm on the 1st, instead of cuddling my wife at home like I would have preferred. There was no moving trucks available so I volunteered my trailer and my strong back to get it done.
I know that this small sacrifice on my part makes a huge difference in the lives of my tenants, so I’m happy to do so whenever possible.
INVEST KAMLOOPS TV
How to select a property – it’s not only about cashflow. There is select criteria they must meet before I will put in an offer.
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 email@example.com.*
*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 a great investment! Set up as a good 2 residence home. Is zoned and lot size permits future duplex, which if developed would produce an additional $100,000 profit. Good cashflow of 10% per year plus favourable exit option make this a great investment. 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 2 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 experience includes two years of university at UBCO, a carpentry apprenticeship, 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, I currently have one for sale for $40,000. Your ability to qualify for mortgages would also be an asset. Your investment is RRSP eligible.
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 firstname.lastname@example.org.