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Greetings!
It
is the time of year to give thanks and blessings for the
things we have received. We at REDEV Properties would
like to extend our warmest greetings to all and to thank
everyone for their support this year.
Feel
free to contact myself or one of the REDEV
representatives at any time.
Howard
Manley
Senior Vice
President
REDEV
Properties
Ph
(403)212-1953
howardmanley@shaw.ca |
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Demand
For Ottawa Properties Stays Strong
Van
Leeuwen Centre Postitioned For Continued
Growth |
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In the Fall 2007 issue of "Canadian Real Estate Forum"
Nathan Smith, vice-president, capital markets group,
Chushman & Wakefiled LePage estimates investors will
spend nearly $1.1 billion on commercial properties in
the Ottawa Region by the year end.
$400 million in
office acquisitions have closed already this year and
another few hundred million dollars are expected to
close by the end of 2007.
The article points out that most of the investors are
Canadian, although German investors have been very
active in Ottawa in recent years as evidenced by German
pension funds acquiring Ottawa real estate assets from
Standard Life and Great-West Life in the
past.
Hospitals of Ontario
Pension Plans and Morguard Investments Ltd of Toronto
purchased a $210 million portfolio last December and
Israeli investors have been around Ottawa for several
years as well.
"The Ottawa
market has always been viewed as one of the most stable
markets in the country," says Aik Aliferis (principal in
Primecorp Commercial Reality Inc.). "All the major
players are trying to source product in the Ottawa
market and that demand is expected to continue into
2008."
With the historical
stability of the Ottawa market plus the high current
demand for properties in the Ottawa area this makes the
Van Leeuwen Centre REIG a very attractive investment.
When we originally worked out the income projections for
this investment the total Annual rent was $1,125,205.68.
The rent has already increased to $1,244,417.40,
this is an increase of $119,211.80 annual income
representing an increase of 10.59%.
If you want to take advantage of this market you
will have to act quickly as this investment is almost
sold out and will only be available for a short
time.
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Insight
From The Experts
From
Two of the Worlds Most Successful Real Estate
Investors |
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"The world is facing many challenges and one of them is
financial. The entitlement mentality is epidemic,
creating people who expect their countries, employers,
or families to take care of them. Donald Trump and
Robert Kiyosaki, both successful businessmen, are
natural teachers and have joined forces to address these
challenges. They believe you cannot solve money problems
with money. You can only solve money problems with
financial education. Trump and Kiyosaki want to teach
you to be rich."
In their book "Why We Want You to be
Rich", Donald Trump and Robert Kiyosaki share their
analysis of our economy and some steps we all can take
to be able to prosper. In the chapter "Why Do You Invest
In Real Estate?" they point out a number of advantages
to real estate investing. I have highlighted some of
them below:
"In addition to
control, real estate offers many other advantages. If a
piece of real estate is purchased at the right price, is
financed well, is in a good area and is well managed -
then some of the advantages of real estate are the
following:
1. Cash Flow: Checks
come every month.
2. Leverage:
Bankers will line up to lend you money for investing in
property. Ask your banker if he or she will lend you
money to buy mutual funds.
3.
Amortization: tenants pay off the
debt.
4.
Depreciation...
5.
Creativity: The value of the property improves
through creativity. For example,.... I can convert an
apartment house to condominiums.
6.
Expandability...
7.
Predictability:... Once a building is stabilized,
the checks come in every month like clockwork. This
certainly beats watching the ups and downs of the stock
market...The key to good real estate is great
management...
8. Tax-deferred
money: One of the great advantages of real estate is
tax-deferred money. There are many ways a real estate
investor can avoid paying taxes ever - legally...You'd
be surprised how fast you can get rich if you don't have
to pay taxes.
9. Appreciation:
Because the dollar is going down in value, real estate
tends to increase in value. Also, as our population
increases, demand increases, which also drives up
prices. Most investors invest for appreciation
(capital gains). In the stock market, most people invest
low hoping to sell high. This is investing for capital
gains. In real estate, these investors are known as
flippers. Flippers also buy low and hope to sell high.
The problem with a capital gains strategy is that the
strategy generally only works in an up-trending market.
If the market trends down (a.k.a. a bear market), many
paper-asset investors and flippers are toast. Investing
for cash flow is better than investing for capital gains
in real estate because the tax laws favor the
cash-flow investor...
...I prefer the first five
reasons for investing in real estate. My favorite
strategy is to buy a property, then buy another and
another. In the long run, I work less, make much more
money and pay less in taxes.
...I put appreciation
last because it is the last reason. I don't really count
on appreciation. In my opinion, to buy a piece of
property or a stock and hope it goes up in value is
speculation (or gambling), not investing. While I do
like appreciation, I do not count on it..."
In
future issues we will look in more detail at some of
these points. In the mean time I suggest you call your
sales representative to see how the Real Estate Income
Gain program offers the above listed advantages. If you
want to learn more I recommend this book as well as many
of the "Rich Dad, Poor Dad" book series by Robert
Kiyosaki.
Why We Want You To Be Rich - Donald
Trump & Robert T. Kiyosaki
Copyright©2006 by
Donald J. Trump and Robert T. Kiyosaki.
Published by
Rich Publishing, LLC.
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REDEV
Properties
4620
Manilla Road S.E. 480 University
Ave., Suite 1600
Calgary,
AB, Canada, T2G 4B7 Toronto, ON,
Canada, M5G 1V6
Ph: (403)212-1953
Ph:(416)460-7779
Fax:
(403)770-8537 Fax:
(416)352-7591
Toll Free: 1-866-668-7344
Ontario Toll Free: 1-888-668-7344
www.redevgroup.com
Toll
Free 1-866-668-7344 | | |
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Featured
Property
Van Leeuwen Centre REIG
Highlights
- Strong
demand for commercial Real Estate Ottawa
market
- Excellent
location in the affluent Kanata area of
Ottawa.
- The
Ottawa market has always been viewed as one of
the most stable markets in the
country.
- Minimum
investment $25,000.
- Projected
average annual return after tax
14.57%
- Receive
a tax deduction for 2007
- Receive
capital appreciation on the sale of the
property
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Featured
Property |
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REDEV's
Rockwood
Square
Bella
Vista Plaza
REIG
Highlights
- Invest
in 2 prime properties, in the 2 most prosperous
regions of Canada in one
investment
- Rockwood
Square is located in the popular Beltline area of
Calgary which boasts the lowest vacancy rate in
Calgary and is seeing dramatic increase in lease
rates
- Bella
Vista Plaza is located in Windsor, Ontario with
excellent access, high visibility, high traffic and in
the affluent suburb of LaSalle.
- Minimum
investment $25,000.
- Projected
average after tax return 14%
- Receive
a tax deduction for 2007
- Plus
receive capital appreciation on the sale of the
property.
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Toll
Free
1-866-668-7374
redevgroup.com |
Newsletter
Archives:
December 11th,
2007
November 27th, 2007
November 1st, 2007
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