Calgary Real-estate investing

Anything but Amway

When you think of investing, retirement, or any other type of wealth creation we generally don’t think of real-estate. According to Robert Kiyosaki (Author of Rich Dad Poor Dad) 90% of the wealthy people either created their wealth or holds their wealth in Real Estate. There are many ways to make money but let us look at one of the most powerful ways to have your money working for you. You have the option of RRSPs, mutual funds, GICs, or stocks, and if you’re desperate there is always a get rich quick AMWAY solution. The website canoemoney.com states that, RRSP’s will give you a 3-6% return for your money. GIC’s and mutual funds will give you the same or slightly better, and stocks are a chance to win big or lose it all; and we all know where AMWAY got us. As stated in the Calgary Herald, the current inflation rate is over 5% in

Calgary, so the moment you leave your money in the bank, RRSP’s, or in GIC’s you are almost losing money. Plus with all of the banks or the government’s way of investing, you have no control over your investment. You, as an individual, cannot control the outcome of a company, government, or bank’s rate of return. Talk about a risk. It’s about time we look for another option.With real-estate you are able to leverage your money, which means every dollar in equals more than a dollar into the actual investment. Investing here in Calgary the average house price is around $400,000. Think of putting as little as 5% down on a Calgary property of $400,000. As we look at the graph below we can look at what $20,000 can do for you in scenario 1 with real estate, and scenario 2 with traditional investing.

To recap, with traditional investing (scenario 2) you don’t even double your initial investment amount, with in 5 years. With real-estate (scenario 1) your same amount of money in to the investment would make $39,290 above what you could get with traditional investing in just 5 year. There are many benefits of investing in real estate, but my favorite is having other people pay the costs of owning the property. Now you can go from renting into owning and will be able to stop putting your money into someone else’s pocket. I know that everyone thinks that there are no “good” deals left in Calgary, but start researching it and you will quickly see that that is a myth; start talking to people who are already utilizing real-estate to make money. Ask questions, talk to professional Calgary real-estate investors. If you would like to find out more about why real-estate investing is critical for you, please contact me.




Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!

You must be logged in to post a comment.