Is it too late? Not According to My Watch!
Hello Real Estate Investors in Hamilton Ontario!!
You wouldn’t believe it but the very same day Hamilton was named the #1 investment town in Ontario a real estate investor asked me “is it too late to invest in Hamilton?”
Fortunately for the well informed (aka those who follow MrHamilton.ca) know about the bright future that lays ahead but if you are like me years ago: stuck in analysis paralysis, spreadsheets galore, stress testing interest rates, vacancy, annual rent increases, trying to time the market perfectly, etc… sidenote: Now there’s nothing wrong with stress testing, I do it all the time (remember, I used to work in financial risk software industry, spreadsheets are my friends 🙂 but I used spend more time in front of spreadsheets than looking at property and learning from other investors. Ofcourse that has all now changed… Anways, it all really boils down to two big questions:
- What to buy?
- When to buy?
For question #1, if you are a geographical specialist and spent enough time putting deals together, this will come easy.
For question #2, I know the answer but do you? Is it too late to invest in Hamilton? I’ve already answered that question with every post I’ve written since day one but maybe it’s time you hear it from someone else:
httpv://www.youtube.com/watch?v=krhGU75IckA
The report in Don’s hands, you can get it here (scroll to the bottom) and you WANT.. no… NEED to read it!!
Where is that future LRT stop? See below:
the "Royal" LRT Stop 🙂
By the way, it was at the Hamilton Commercial Summit that both Don and I attended where we both learned for the first time the location of a handful of B-Line LRT stops. Don and I, we’re leading edge baby!!
So, is it too late? Both Don and I don’t think so but if I were you, I would certainly be looking to deploy my resources and acquire property before this homerun year in 2013.
Hope that helps! Till next time – happy investing everyone!!
Erwin | MrHamilton.ca
PS: If you would like to attend a free training class on investing in residential real estate click here.
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Comparing Hamilton to Edmonton a few years ago should make anyone who owns real estate in Hamilton very very very happy.
Mr B. Hamilton, Don’t you own several properties in Hamilton?? Near areas in transition and infrastructure improvement? You’re so lucky 😉
Now I know who Mr. ‘B’ Hamilton is… doh!
Its too late for me, what do I do now Mr Hamilton??
Please I beg of you.
Ed, because it is too late for you, you better sell all your Hamilton cash flowing properties of yours to me. Yes, I know this is the equivalent of me diving on top of a live handgrenade to save you but our friendship means that much to me. Wanna start drafting that agreement of sale?
Best,
Erwin
Great interview Erwin, Don…nice to have it raw, from the street level – it will be so great to post this in 2016 when the LRT is whizzing by and Ed in the background pulling out his hair because it ‘was too late in 2011’ LOL –
Thanks Joey! Hopefully Ed will still have hair to pull out if he gets investing before the homerun of a year in 2013.
Cheers,
Erwin