Hello Everyone with Real Estate Investments in Hamilton Ontario!!
Contrary to what some political leaders are saying, job growth in Hamilton is near the top in the province and the country!! Â Yes, Hamilton has lost 10’s of thousands of jobs in the steel sector with the demise of Stelco, but one only needs to look at their neighbour, the Arcelor Mittal-Dofasco, to know steel manufacturers can be successful. Â Stelco failed for a multitude of reasons: poor labour relations, lack of innovation and capital investment, andÂ low demand for their products. Â That’s just business, not government.
The Hamilton area’s unemployment rate is lower than both the provincial and national averages and has seen a hefty decrease since last year, according to new numbers from Workforce Planning Hamilton.
[Hamilton’s] unemployment rate at 5.3 per cent… that’s belowÂ Canada’s unemployment rate at 6.8 per cent and Ontario’s unemployment rate at 6.3 per cent
Re: the manufacturing sector:
Though not the monolith it once was at 13 per cent of the total workforce, Hamilton’s manufacturing sector also grew by 14 per cent comparing July, 2015 to the same month inÂ 2014.
Five Years of Investing
How great was that webinar last week?!?! From all the messages of positive feedback, it’s obvious you all enjoyed it as much as I did :D. Â [Clients, as you have a special place in our hearts 🙂 we will share the recording with you and you only, email Meaghan for said recording]
Thank you again to our guests: Evelyn, John and James for sharing how everyday, single income, middle class, ambitious individuals can apply simple investment strategies (that our team executes on a daily basis) to increase their net worth by 200k-450k by starting 5-6 years ago, slowlyÂ adding to their portfolios each year. No crazy, get rich quick schemes, each property they own provides positive cash flow, no flipping or major renovation projects, just nice houses in nice neighbourhoods to attract nice tenants.
Imagine what having 5-10 properties will do over the next five years. Â For each of our guests, that means options. For Evelyn, her husband will be able to give up his day job to focus on the (future) kids. Â John, he loves his job, his real estate will fund more luxury during his retirement years and pay for his future kids to attend post-secondary school. James, he too loves his job and his real estate will fund an early retirement and more $$ than he’ll know what to do with when retired.
FYI 46% of investors are worried they will outlive their savings. Â I refuse to be one of them so I make the choice to save, work hard, invest and get ahead today.
Thank you for reading andÂ Happy Hamilton Real Estate Investing Everyone!
By the way, we need your help! We have a number of investors looking for investment property so if you know anyone looking to sell their property anywhere in Ontario please let us know! Â We have associates at Rock Star all over the GTA and Golden Horseshoe who can help!!
Erwin |Â MrHamilton.ca
PS:Â If you are just starting out investing, start byÂ spending more time with like minded people and take guided tour of Hamilton by joining us for the next Mr. Hamilton Inner Circle by clicking here!!!