With Spring in the air, we are looking forward to the warmer weather, spending more time outside, and of course new investment opportunities. We just completed the due diligence phase of a new 14 unit Multi-Family Apartment building purchase and are looking forward to tackling that project throughout 2019 and 2020 as we are investing over $800K in renovations and improvements. Most of our Multi-Family projects do fill up fast, but if you are interested in passively investing in real estate with double digit returns, reply to this message or drop us an email at email@example.com and we could put you on our Passive investing list for notification on future projects.
Although the weather hasn’t quite warmed up to what we are looking for, Spring is here based on the Housing market in the Golden Horseshoe. Our Key investment areas are outside of the GTA (Durham Region, Hamilton/Niagara Region, KWC and Barrie) have each increased month over month since the start of the year, and are poised to continue.
Looking at the short term horizon, in each of our key investment markets, we have seen bidding wars make a large comeback (many times well over 10 offers on a single property). At this same time we have seen average rents increase as well. The lack of inventory on homes for sale and also for rent play a part in the increased demand as well. The signs over the short term point to the market increasing in the coming months.
With the government measures already settled in from the spring of 2017, and the stress test now firmly part of mortgage qualification, we have seen a stable market over the past 18 months. These were all short term solutions in our opinion, although needed. What we usually focus on is the long term economics. Population growth, Lack of supply, Land Scarcity, Transportation funding, and Canadian desirability have been fueling our housing market for over a decade, and by indications are going to continue for decades to come. Even with long term confidence in the market, there could always be short term volitility, we constantly tell our community that it is not about timing the market, but rather time IN the market. Even this blog post about the overall market, should not have a bearing for investors purchase decision. If purchased correctly, investment properties will profit in both increasing and decreasing markets, its the long-term trends we pay more attention too that impact ROI.
Although nobody has a crystal ball or can predict the housing market, in looking at short and long term metrics, we see a strong spring/summer as well as 2019 for the Golden Horseshoe. And if you have been following us for a while, you know we are quite bullish on the long-term economics of the area as well. We always tell our investors and clients that they should be prepared for the housing market to cut in half, or double in value as they invest. We are not risk takers or betting people, but if we were, we bet on increases over the decades to come.
Visit us at www.VenturePropertyInvestments.com and our pages on facebook or LinkedIn to learn more about how we invest in real estate to profit in both an increasing or decreasing housing market. Or contact us if you would like to learn how we are providing double digit returns for our partner’s and clients year over year.
Until Next Time,
Build Wealth. Live Life
If you haven’t come out to one of our events, feel free to visit our events page on our site at https://venturepropertyinvestments.com/events/. If you are just starting out, or a seasoned pro, come out to Learn and Network with others like you.
Next Wednesday May 15th, we are hosting our Quick Start to Real Estate investing class, and on May 22nd, we will have national speaker and Multi-Family investing expert Pierre-Paul Turgeon join us at our monthy event. Click images below for more information.
Martin Kuev & Chris Shebib are full time Real Estate Investors, Realtors and Wealth Coaches who have over 20 years experience in Real Estate. With multi-million-dollar real estate portfolios and a team built over the past decade, they left the corporate world to have the flexibility to spend time with family, continue their own real estate investments and help others build long-term wealth. Both Chris & Martin are first and foremost Husbands, and Fathers. Both are actively involved with their families and each have 3 daughters keeping home life full of surprises.