Hello investors in Hamilton real estate,
After a day of looking at multi family properties in the lower city of Hamilton with a new client, I was driving by the new, sold out subdivision a short distance from my house so I thought I’d stop to share some business lessons I’ve learned by shooting a short video.Â Enjoy!
(sorry for chewing gum :P)
Hope that helps! Till Next Time â€“ Happy investing everyone!
Real Estate Investment Adviser
PS: If you would like to learn more about investing in real estate in Hamilton please feel free to call 289-288-5019 or email me erwin (at) mrhamilton.ca.
PPS: sign up for my newsletter so you donâ€™t miss out out on whatâ€™s going on in Hamilton!!
Erwin has been investing in real estate since 2006 and is a highly decorated investor and realtor. His list of awards and accomplishments includes:
â€¢ FOUR time consecutive finalist for the Michael Millenaar Memorial Award and 2013 WINNER for his leadership and contribution to the Real Estate Investment Network community.
â€¢ TWO time finalist & 2015 WINNER for Realtor of the Year for Ontario by the Real Estate Investment Network
â€¢ TWO time finalist & 2016 WINNER for Real Estate Agent of the Year by Canadian Real Estate Wealth Magazine
â€¢ REINâ„¢ Ambassador (Endorsed Realtor by REINâ„¢)
â€¢ Silver award recipient by the Real Estate Investment Network
â€¢ 2013â€™s Top Player Award by the Real Estate Investment Network
â€¢ Regular contributor to REINâ„¢ Real Estate Report and Canadian Real Estate Wealth Magazine
Erwin has owned and still owns numerous investment properties: single family, renovate and hold, multi-family, multi-family conversion, and student housing. He left his corporate job at â€œBig Blueâ€ to pursue his passion as an entrepreneur in investment real estate. Heâ€™s been featured in the Hamilton Spectator and been a guest speaker at several investment networks and has coached numerous successful real estate investors by focusing on economic fundamentals and financials.
Hey Erwin very good video. I completely agree with you on the fact that your house can be an asset. When you live in one of REIN’s top ten towns your house is going to raise in value every year. When you factor in leverage and mortgage pay down and combine it with appreciation there is absolutely no doubt your personal residence is a great investment.
Another benefit that I’m sure an entrepreneur like yourself is aware of is the tax write-offs when you have a home office as well. Every little savings helps!
I guess the key word is “can”.
I just purchased a duplex in the St. Clair neighbourhood, Hamilton and ended up paying less then what the seller paid in the early 90’s. 20 years and negative appreciation. There might be some merit to the overall condition for the price but the house is in pretty good shape for its age, plus its an income generator. So the seller might disagree.
thought id share
Hi Dwayne, sounds like you have a deal on your hands! Congratulations! would love to hear more about it when have a chance. Please let me know if there’s anything I can do to help.