Invest Kamloops Newsletter | Dec 1, 2015 | Vol 2 | Issue 14
“Anyone who ever wondered how much they could love a child who did not spring from their own loins, know this: it is the same. The feeling of love is so profound, it’s incredible and surprising.” ― Nia Vardalos,
I have a few big announcements since my last newsletter. We are pleased to introduce our newest addition! Lavinia and Landen’s biological sister will be joining our family and we can’t wait. We have been vising her regularly, and hope to have her home before Christmas 🙂
In the meantime, I have an official announcement that many of you know already. I am retiring and my last day as an RCMP officer will be Jan 1, 2016. Full time dad/real estate investor is now my life! I’m having a retirement party and you are invited, keep reading to learn the details.
Anyway, here is the latest newsletter:
- Caution – very personal(I need your help)
- Sam in the Media(and retirement party invite)
- Deal of the Week
- Improving sales with Kevin Hogan
Caution – very personal
I’m about to share something I’ve never said before in public.
It’s about my kids,
now my reason for existing,
who for me are the answer “what is the meaning of life”.
People frequently tell me “that so great you gave those kids a home, you’re such good people.” They think because I adopted my kids that I’m an awesome guy.
It’s a lie.
The truth is I’m very selfish.
For your invite to my party just head to samperren.com and click the link at the top of the page. Here are the details:
WHEN: Saturday December 19.
WHERE: Royal Canadian Legion, Branch 52 Kamloops BC 425 Lansdowne St, Kamloops.
WHO: You and Sam’s other friends.
1700hrs – Doors Open.
1730hrs – Dinner starts – $15/plate. Please RSVP(prepay) for dinner as space is limited.
1830hrs – Doors open for those who weren’t hungry and speeches start – contact MarcyPerren@hotmail.com if you want to say a few words.
Space is limited so reserve your spot now!
Sam in the Media
I’ve recently been blessed to be published in a few places. You can see me in the latest issue of the REIN Report, and I will be giving a copy to you at my retirement party if you can make it(Saturday Dec 19th).
If you can’t wait for the party, you can read my article here:
I was also interviewed for Dave Dubeau’s Canadian Real Estate Profits members, if you have an hour to drive somewhere this might keep you entertained 🙂
Do You Need Real Estate Advice?
1 on 1 coaching is available to very qualified clients. Are you… seeking a good real estate investment? 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 have dealt with financing solutions, private sales, multiple offers, negotiations, evictions, filling vacancies, and every tenant situation imaginable. Since my personal services are in very high demand, consulting rates are $150 for a laser focused 15 minute in person or phone session, to a maximum of four consecutive sessions.
Book a FREE, no obligation, 15 minute phone call with me to learn if we can work well together. Call 1.250.299.4285 or email firstname.lastname@example.org.*
*When requesting a phone call, please provide as much information as possible. A detailed summary with the complete circumstances will ensure I can best help you quickly.
Deal of the Week
Here is a freebie: A townhouse that appears to be $30K under appraised value. Motivated seller wants to move to LMD before winder and doesn’t want to use a realtor. Complex is new to me but documents I reviewed(Depreciation Report and Form B) look great. Pacific Way Townhouse
But there is always another deal around the corner 🙂
This week’s deal is great. JV with me or I will assign the deal for a small fee.
You carry mortgage and invest $32,616(20% down and 2.69% mortgage). I negotiate purchase, manage JV for length of hold, provide superb property management. You get all cashflow(4.4%/yr) until your capital is repaid(year 12). Upon sale or refinance profits are split. This unit is where I own 4 others and am on strata council, rents at other units 2@ $1877( incl util) and 2@ $1677(no util). Motivated seller accepted low price(insider knowledge). 6% vacancy assumed(2x Kamloops norm) however I’ve never been vacant in these units. 2.5% appreciation assumed however 2013-2015 has been more(see attached snapshot folder). View 42 page Report on Kamloops for Real Estate Investors at InvestKamloops.com.
Besides this one, I have a couple deals in the works. You see a conservative return of at least 10%/yr in a joint venture with me, or less if you wish to loan money instead(registered funds are eligible).
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”,
Improving Sales with Kevin Hogan
I’ve recently been introduced to a great resource for improving sales, Kevin Hogan.
If you are interested in this type of thinking you will love his content. Here are some golden eggs:
- If you truly care about your customers they will be loyal for a lifetime.
- Use the word “because” in answers to the question “why.” It will trigger compliance over 50% of the normal response rate.
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 veteran Police Officer. Sam has purchased almost 3 Million dollars in residential real estate that generate $290K/yr rents, and his networks have purchased over $5B of real estate.
Sam’s university, carpentry, law enforcement, and finance background(CSC – a credential required for all financial advisors) make real estate investing second nature. Sam is growing his portfolio with S.A.F.E. principles he developed, and creates double digit returns using Real Estate to the delight of his partners. Sam is seeking qualified investment partners but 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(you can get a share right now for only $40,000). Your investment is also RRSP eligible. If you can qualify for mortgages, you could invest even with Sam with no money! Call or email to learn more 🙂
Sam lives and invests in Kamloops BC, and can be reached at 1.888.532.7660 or email@example.com.