What would you do if you knew you could not fail?
What would you do if you knew you could not fail? Reading a book recently I came across a quote that asked the question. If I could do anything I knew I could not fail, I’d create a company that focuses on strategic growth through excellence. I would focus 100% of my efforts be on […]
You are going to Fail
YOU ARE GOING TO FAIL, but you should try anyways and here’s why If you try anything new, scary or different then it’s entirely possible, if not likely, that you’ll fail. You may even fail miserably, awfully and tragically publicly. In spike of this, you should try anyways! It is better to try and […]
Canadian Investor Profile
Canadian Investor Profile More and more Canadians are making strategic in investments in real estate. With every growing housing shortages, rising rents and a zero vacancy rate there has never been a better time to purchase an investment property. In fact, most Canadians agree with this and according to a recent Royal LePage survey more […]
Assume The Best in People
Assume the Best in People A few years ago I challenged myself to become the best version of myself possible. This has been a never-ending and ever-changing journey. The first thing I learned was that change cannot happen all at once. It happens in small incremental steps and must be done one day at a […]
Fraser Valley Housing Market May 2023
Delayed Spring Activity Boosts Supply of Property Listings in the Fraser Valley SURREY, BC – The Fraser Valley real estate market saw an injection of supply in May as new listings surged by more than 40 per cent over April. At 3,533, new listings were just below May 2022 levels (3,631) but slightly higher (2.7 […]
Surrey Population Growth Rate
The future lives here: Surrey population growth rate outstrips Vancouver by almost double Years ago, Surrey changed its slogan from “City of Parks” to “The Future Lives Here”. Based on 2021 Census data compiled by real-estate marketing firm rennie, the future keeps on arriving in this rapidly growing city south of the Fraser River. A […]
Cash on Cash
Cash on Cash Cash flow before taxes / Initial Equity Investment This ratio measures how much cash is earned in relation to how much cash was invested into the property. This measure determines the yield estimate for an investment purchased for annual income and not appreciation. The benefits of this ratio is that it is […]
Capitalization Rate
Capitalization Rate Capitalization Rate = Net operating income / Price. Property Value = Net Operating Income / Market Capitalization Rate This measure is used to determine value in commercial real estate appraisal. It allows one to determine the price of a property by using diving the net operating income by the market capitalization rate. […]
Gross Rent Multiplier
Gross Rent Multiplier Price / Potential Gross Income This formula is used to quickly survey the market for opportunities where the price of the property is low in comparison to the potential rental income. The advantage of this formula is that it requires very little information to calculate. The disadvantage of this formula is that it […]
Investment Ratios
Investment Ratio Investment ratios are used in real estate to determine if a property is price favorable in comparison to the competition. It allows one to survey the market for potential opportunities. Over the next few days I’ll share some common investment ratios used in real estate. Looking to create your investment strategy? I can help […]
