Day: May 13, 2009

Remember my rant about the best things in life being free? Free things like information?

Remember how I said some people would find it scary that I would make this information public to you, since they would rather make it seem like they came with the information themselves, or they would rather bait you with it?

Well, too bad for them…

I want you and everyone to have this information so we can elevate ourselves in terms of our savviness, real estate positioning and subsequent financial success. Let’s all have incredible properties!

Here is a start – INFORMATION. This stuff is actually PUBLIC information – but I doubt any of you know how to access it!

First up – Month over month information. Remember all the buzz about a recession? Lets look at Ottawa activity, month over month since 2003.

See the 2009 months I highlighted? (the ones we have gone through already) On average, ther are not too off from 2008 averages – slightly above in some cases, slightly below in others.

See the decline in 2008 prices from about June to December (in red?) Then our latest few months have indicated an INCREASE!

Now look at a specific batch of years by month. lets look at January for arguments sake (first one). 2003 to 2009 = see the increase? A little over 200 to just under 290 in 6 years!!

These numbers are from the Ottawa Real Estate Board a.k.a the horses mouth – so dont just take my word for it!

 

Here is another quick one: Year over year since 1996 – so 13 years and a few months

What does that say – about 137.5K to about 268-270K ?

Think about that… if you bought a house for 137.5K ten years ago, you would now have 132K in appreciated equity PLUS whatever the principal went down to over time, PLUS whatever POSITIVE CASH FLOW you would have earned over time as a result of making the most out of your equity in your house (i.e. after 5 years, taking out equity to finance a low maintenance investment property that earns you hundreds of dollars a month IN YOUR JEANS).

Ever feel like wealth is just too far out of reach to even properly imagine? Ever wonder how people have made their fortunes, and dream of having seemingly endless supply of cash to rely on?

I do! All the time! Thats why I got into this business. To build wealth over the long term and to pass that on to my family and future generations.

This is what a fortune looks like in the beginning.

How about over a longer period of time? Here you go! (from an earlier post)

 

Imagine what kind of Fortunes a 60 or 70 year old person could be leaving his family based on these figures!

Imagine if that person would have properly leveraged themselves in Real Estate and grown their portfolio over time!

Pick yourself up some Real Estate for some of the best rates this country has had in over 50 years!

Bank of Canada will show you the record lows we are experiencing right now – Prime at 2.25%!!!!

CPI (Consumer Price Index – average price increase of a basket of goods) is down to 1.2% while the average wage increase is up to 4.3% this year! Purchasing Power is HUGE right now!!

I’ve given you the information – what are you going to do with it?