Edmonton City Council finally approved the arena project – a huge boost for Edmonton’s attractiveness & real estate values. Edmonton’s downtown east side and north of downtown is quite ugly today, and the new arena will spur huge investments into condos, parks, LRT, offices over the next decade or two. It will make Edmonton more […]
Author Archive | Thomas Beyer
BC voters vote for prosperity, jobs and safe passage of oil – benefitting BC and AB immensely !
The recent Liberal win in BC – despite numerous predictions of an NDP sweep – will substantially improve the overall investment climate in BC and AB ! This is very good news for AB and BC real estate investors or landlords like us ! The “three ladies” Danielle Smith ( possibly the future Premier of […]
26 Things to Consider when buying an Apartment Building, A-Z
Buying an apartment building, like flying a Boeing 747, or juggling, or playing the piano, in principle is easy. However, like flying, juggling or playing the piano, it takes a few years to learn, and many more years to master ! It is a skill and time intensive activity ! Buying a building is not […]
Top 10 Reasons to be a landlord
The following article is from Canadian Real Estate Wealth Magazine: Despite the long list of potential hazards, the possible rewards of being a landlord often outweigh the downsides. Here are the top 10 reasons why you should become a landlord. 1.) You use tenants’ money to pay your mortgage and build your equity. You can […]
Five Ways to Make Money
Occasionally I speak at events and people ask me about real estate investing or making money in general. There are really only 5 ways to make money .. and you can do all 5 in time .. but you have to take them all seriously, especially step one ! 1) You work This is the […]
Real Estate Investing: Impact on ROI using different leverage
Real estate investing is like a three course meal (TM). It has three profit centers: cash-flow (or the appetizer), mortgage paydown (the main course) and equity appreciation through asset improvements and inflationary rental upside (the dessert). One key question in real estate investing is: how much cash to put down and how much leverage to […]