613-618-4082

Michael Arthur: March 2019 Real Estate Ezine

 
 
March, 2019
News From Michael Arthur

How is Ottawa real estate market these days?

Is Ottawa a sellers, buyers or balanced market?

Which neighbourhoods in Ottawa are affordable to buy a home?Are home prices continuing to go up?

Will Ottawa experience a housing market bubble in the near future?

Which are the best neighbourhoods to buy real estate investment properties that generate positive cash-flow?

These are a sample of many questions I receive all the time from curious and eager buyers, homeowners, investors and even renters, who are seeking my advice and insight about the current state of the Ottawa real estate market.

I decided to do a video to answer these questions by explaining how well the Ottawa market performed in 2018 and its outlook in 2019.

Here are some important things you’ll need to know about the Ottawa real estate market by watching this video

00:22 – Why Ottawa has a strong condo market.

01:40 – What was the average price of residential homes in Ottawa?

01:59 – What price range buyers are buying luxury homes, which is a growing sector of Ottawa’s residential home market.

02:31 – Factors contributing to Ottawa’s economic growth which is better than Ontario and the rest of Canada on average in terms of high incomes and high employment.

03:09 – Why investing in residential real estate located near infrastructure and transportation development projects are the best places in Ottawa to immediately generate consistent positive cash-flow , higher rental income and higher value appreciation.

04:40 – The suburbs are affordable places to buy a home in 2019.

You are welcome to share with people you know who can receive value from this video.

(After watching the video, enjoy reading the articles in the newsletter. Happy reading!)

              

                                    
Best regards,

Michael B. Arthur
 

Quote of the Month


– Jay Baer
 

A Laugh or Two for Good Measure!

Smooth Operator

Scene: A call center operator on the phone with a doctor.

Doctor: If you don’t turn my cell phone back on today, I’ll tell the families of my patients and their lawyers that you are responsible for my patients’  deaths because I could’t be reached.

Operator: Sir, if you are expecting your patients to die, perhaps they should switch to a different physician.

**********************

It’s not my fault!

I have fillings in my teeth. My refrigerator magnets keep pulling me to the kitchen.
That’s why I can’t lose weight.
 

Helpful Life Hacks
and Cartoon of the Month

       
 

 Leverage
          One of the reasons I like real estate as an investment (as opposed to mutual funds, stocks, bonds, GIC’s, etc.) is because we can take advantage of LEVERAGE.  Let me give you an example.  Let’s say you wanted to buy $500,000 worth of gold.  How much would that cost you?  If you said $500K, you’re absolutely right! 

   Now let’s say we want to buy a $500,000 duplex – how much will that cost us?  $500K?   Nope. 
   We can buy that property with just a 20% downpayment ($100K) and the bank will finance the other 80% ($400K).  We use a little bit of money in order to own a LOT of real estate. 

   Now here’s where it gets really exciting… Let’s say the property increases in value by 4%.  That would be a $20,000 increase in value.   $20K on a $500K investment is pretty good… However, because we LEVERAGED our money, we are actually making a $20,000 return on our $100,000 downpayment.  That’s a 20% return on our cash invested! 

   That’s the POWER of LEVERAGE, and that’s one of the BIG benefits of investing in real estate vs. most other options out there.
 

About Michael Arthur:

Who are we? Creative Real Estate Ventures is a real estate investment company. We have been actively involved in Ottawa area real estate investing for a number of years. Our mission is to provide quality housing for quality tenants, while at the same time providing an above average return on investment (R.O.I) for our investor partners and ourselves. It is truly a win-win-win way of investing!

And if you are ready to find out more about our investment program, I invite you to contact me directly, and I will be happy to show you exactly how it works, either in person, by phone, or on-line.

You can email me at:
michael@michaelbarthur.com
or give me a call at 1-613-618-4082