“It’s not what you make that matters, it is what you keep.” This old business adage is very true, but at the same time is often misused in order to justify an action squarely in the ‘grey area’ of business.
When it comes to the real estate market, the conjecture is flowing, the questions being posed, the concern mounting. In the majority of the country, this concern is all focused on markets perceived to be ‘over-priced’ or ‘over-heated.’
What a tremendous honour that the readers of Canadian Real Estate Wealth Magazine bestowed on the Real Estate Investment Network at the beginning of our 21st year of providing research, analysis and leadership to Canadian real estate investors.
When it comes to any personal venture – starting a new business, getting into a fitness regimen, going after your first investment property – setting tangible goals for what you want to accomplish are critical.
Strategic investors are continually striving to increase the yield and cash flow from their investments. Some of the strategies they attempt will work, while others will prove to be less promising than initially thought.
So we did it – we survived the impending end of the world that was scheduled for December 2012, the housing market slowed (as was the plan with the CMHC changes and the basic facts of affordability and supply/demand cycles) but didn’t crash.