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:
Where is that future LRT stop? See below:
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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