Retire Early With Real Estate [Part 1]
Come Learn about 3 different strategies that can put more money
in your retirement account – with certainty – faster than virtually anything else.
Tuesday, August 25, 2015
@6:30 pm-10:00 pm @ BAKA Cafe Gallery Lounge 2256 Bloor St West, Toronto, ON
It‘s tangible, it’s solid, it‘s beautiful. It’s artistic, from my standpoint, and I just love real estate. Donald Trump
> Top 5 things to consider when looking at being a landlord ( Multi-family Income Properties )
> The proven Real Estate product ( Mortgages ) that pays you 8% fixed returns that your financial advisor is most likely not showing you
> Condo Pre-Purchase: is it as profitable as they say and what are the catches? ( Pre-Constructions )
Jonathan Weaver, our educator for the evening is passionate about sharing the financial and investment principles he has used himself to reach his financial balance point.
Jonathan & Laure will be sharing personal experiences and how they have “cheated” their way to positive cash flow and demonstrating how you can too!
Walk the talk….
By the end of the evening, you’ll make better decisions about your financial future – even if you don’t use any of the 3 strategies we’ll teach you.
Come prepared… Bring with your Mortgages Statement(s), and RRSP statement(s) and Join us….
6:30pm Doors Open ~ Networking & Mingling at the bar
7:00pm Jonathan Weaver, Educator and Real Estate Entrepreneur
& Laure Ampilhac, Mortgage Agent & Certified Wealth Management Advisor
9:00pm – 10:00pm ~ Networking at the bar
Six Degrees Real Estate Investors mixer
Income properties (Multiplexes)
Investing in Mortgages
Jonathan has been investing in Real Estate since 1992 when he bought his first investment property.
17 years ago, Jonathan and his wife Cathie bought their first multiplex investment property, and subsequently bought two more.
In 2008, as a result of their real estate investments, the Weavers were able to take 18 months to set a world record while raising more than $400,000 in donations to Ronald McDonald Houses across North America
In the last 5 years Jonathan & Cathie have made a transition from Landlord to Lender. In addition to becoming a private lender himself, Jonathan and his business partner Richard Pyper just completed a 2 year consulting project with a Canadian Financial institution they built Canada’s only self directed RDSP and put together a Syndication program for the OSFI regulated institution.
Jonathan shares his expertise with Mortgage Agents and the public on a regular basis. He helps Mortgage Agents through a Guaranteed Profit System and helps the general public through Public Seminars.
The objective, to Educate the public that mortgage money can be used to make you wealthy vs the Training the bank provides that keeps you in debt as long as possible
Jonathan T Weaver, Principal
416 855 4776
m 416 528 8028
tf 866 244 0550
After working for 15 years in corporate sales and business development in France and Canada, Laure quit a comfortable job in the 2009 recession to follow her own entrepreneurial path.
Robert Kiyosaki’s Rich Dad Training led her to a brand new career in Real Estate Investing, while creating multiple sources of active and passive income. She is a real estate entrepreneur, a landlady, a property manager, a mortgage agent and now a Certified Wealth Management Advisor. She helps home-owners refinance to take out equity and acquire more properties. She also helps investors maximize their RSP with real estate investments. Her company is called: “Retire Early With Real Estate”.
Mortgage Agent & Certified Wealth Management Advisor
✆ (416) 358-9686 ✆ (877) 764-9492
iBrokerPower Capital Inc (The Mortgage Centre) Lic# 10538
MORE INFO AT:
PS: Admission:$5. Bring lots of business cards and good vibes!
Photo Credits: Mauricio Jimenez 647.688.5814 MAGIC VISION Photography
Voted – Top PHOTOGRAPHY STUDIO in Toronto ( Top Choice Awards – 2013) Visit us at www.magicvision.ca
Event brought to you by Laure Ampilhac, Mortgage Agent and Certified Wealth Management Advisor
[ Connecting Real Estate Investors and Industry Professionals in an intimate & warm atmosphere ] Social Event gathering Real Estate Professionals and Investors Bring your business cards.
ABOUT SIX DEGREES REAL ESTATE INVESTORS MIXER
HOSTED NETWORKING EVENT
Laure and Jonathan will be there to connect you with the partner, lender, real estate professional that you have been looking for your project, real estate transaction or investment. Come to me during the event and we will introduce you to the right person! See you there.
THE BENEFITS OF INVESTING IN THE REAL ESTATE ASSET CLASS:
#1. Cash Flow
A big advantage real estate has over other investments, is that it can produce cash flow on a monthly basis. Positive cash flow is derived from the revenue collected in the form of rent and laundry income minus expenditures required to pay for and operate the building. The cash generated by a real estate investment will always be a much larger percentage cash-on-cash return than any other investment. The reason for this is leverage.
Leverage is the ultimate power of investing, and the fact is that there is no investment where the application of this tool is more powerful than real estate. In real estate the leverage is based on the asset itself, and even the notoriously conservative banks will loan up to 75-80 percent and sometimes higher of the total asset value. Banks are comfortable lending large sums of money for the purchase of real estate because they know it is one of the safest and most profitable investments available. Also when you leverage an investment, you reap the benefits of appreciation on the total asset value, while only having a small percentage of your own money in the deal.
Real estate generally is a long term investment, and its benefits are best realized over the long term. It takes time for real estate to appreciate in value; however, while the property is appreciating the residents are paying down the mortgage. On top of this the rental income grows on a percentage annual basis.
The average compounded annual increase in real estate nationally has been 5% per year for the last 25 plus years, since 1980. Depending on the real estate cycle at any given time, the geographic location and type of property, the percentage annual increase could be substantially higher of course. Residential real estate appreciates more than the annual rate of inflation over time.
#4. Hedge Against Inflation
Many people feel that the commonsense thing to do is to take your money and put it into a savings bond or bank account that yields 2 to 3 percent per year. The main argument for this type of investing is that it is “safer” than real estate or other types of investments. The problem with this strategy is that you do not make any money, due to inflation.
Inflation is the price we pay for goods measured against a standard of ability to purchase those goods. The long term average of inflation has been nearly 3.5 percent since 1913, the year it began being tracked. That means that putting your money into a bank investment or account that yields only 2 to 3 percent, earns you no purchasing power in the future. You are actually losing wealth because inflation is higher than your returns. The gain in interest is wiped out by the rising cost of living. You are not becoming wealthier, you are becoming poorer because the cost of goods is growing faster than the value of your money.
The beauty of real estate is that it is a tangible asset-a good. Meaning it will generally rise either at the rate of inflation or much higher. Historically real estate has risen at 5 percent per year -a full 2 to 3 percent higher than inflation. And that is just appreciation. That does not take into account the cash flow generated, nor the tax advantages such as depreciation, refinance, and tax deductible mortgage interest.
Depreciation is an income tax deduction that allows a taxpayer to recover the cost of wear and tear, deterioration, or obsolescence on an annual basis. For real estate, it is a nonoperational expense that can be used to your advantage come tax time.
Another advantage of real estate over other investments is the ability to withdraw cash through a refinance of the property. This, too, is a tax shelter. When you refinance a property you are restructuring your existing mortgage debt based on the added value of the property. Refinancing also allows for investors to pull their initial investment out, while still continuing to have a vested interest in the property, creating a cash-on-cash return of infinite because the capital investment is zero!
#7. Asset Protection
There are a number of ways to legally protect a real estate investment that cannot be utilized by other investments like stocks and bonds. If a stock or bond company has a bad year, and suffers losses, the individual investor is simply out of luck. Real estate is one of the few investments that can be insured and protected from damage caused for whatever reason. By having the proper insurance coverage, you are able to claim losses for the actual value of the asset before the loss, and during the loss.
Another distinct legal advantage of real estate is that it can be placed into a corporation or family trust that allow you to protect your personal wealth by individualizing and protecting your assets in an event of a lawsuit. There are also distinct tax advantages.
#8. Physical Asset
Real estate is a physical asset, that cannot be traded by a click of a button by an online brokerage. You can physically walk the grounds of the property, and inspect the building. As such, it’s not subject to the volatility of other investments like stocks, where change can happen fast. You are not at the mercy of the company’s public relations department, waiting to hear from them. Meaning, if the company announces poor earnings for a quarter, the stock will drop suddenly with little warning. Your only option is the react, but not before you’ve lost a substantial sum.
Real estate is different. While it still has its ups and downs, for the most part real estate takes a more tortoise like approach: slow and steady wins the race. By paying attention, and knowing what to look for, we can see the trends that lead to changes in the market, well before they happen. Allowing us to formulate an investment plan on how to change operations or to sell. This in turn maximizes our return on investment or cash-on-cash return.