The Future is Old. How to Capitalize on the Aging Senior Market [Barry Lebow]
+ Leveraging Real Estate To Maximize Your Portfolio [Aaron Charles]
NETWORKING + EDUCATION
Aging Demographics Lure Investors into Senior Housing. Senior housing is really an impact investment that delivers both measurable social benefit and financial performance. The positive social impact of keeping families and communities intact is, by itself, a singularly worthwhile reason to put capital in this asset category. Come and Learn How You Can Capitalize on the Aging Senior Market.
Aaron Charles in a second part will show you his strategies to grow your asset base with Pre-Construction Stacked Homes.
Monday, February 29,[masked]:30 PM to 10:00 PM
Geary Lane (https://maps.google.com/maps?f=q&hl=en&q=360+Geary+avenue%2C+Toronto%2C+ON%2C+ca) 360 Geary avenue, Toronto, ON * Free Parking
Register Now and get a FREE drink ticket | For the first 25 people! ($20 admission)
6:30pm Doors Open ~ Networking
7:15pm Laure Ampilhac | Mortgage Agent & Certified Wealth Management Advisor
7:30 Barry Lebow | A Leading Real Estate Professional Since 1968
8:30pm Aaron Charles, Realtor | Investor | Speaker
9:00pm - 10:00pm ~ Networking
Register Now and get a FREE drink ticket
For the first 25 people! ($20 admission)
"Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family."
- - Kofi Annan
******ABOUT BARRY LEBOW
Barry Lebow || A Leading Real Estate Professional Since 1968 (http://barrylebow.com/)
My Present, My Future. I have returned to my roots as an active broker/Realtor. In 1968, as a young man of 21, I started my real estate career as a salesman. A few years later, I became a broker, and have remained a Realtor. In the recent past, my emphasis shifted to litigation appraisal issues. What you may not know is that I continued to work as a Realtor (for select clients).
Focus on Mature Market. Over the past decade I have been increasingly involved with the 55+ age group and Seniors in respect to real estate needs. In 2008, I launched my new course, the Accredited Senior Agent designation for Canadian Realtors. Over 2,500 Realtors have taken that course now. Two years ago I turned over the association to new leadership as it was time for me to focus on the practical side of what I have been teaching.
Barry A. Lebow, FRI, CRF, Master ASA, SRES, ARB, CREC, IFAS
Professional Land Economist, Arbitrator and Mediator
Broker, RE/MAX Ultimate Realty Inc., Brokerage, REALTOR
*************ABOUT AARON CHARLES*******************
Realtor | Investor | Speaker
The saying goes that, “every man is the architect of his future.” Aaron Charles’ passion for real estate lies in not only in constructing a solid and impactful foundation for his vision but also in his commitment to actualize the dreams of the individuals and families who he works with to help secure their biggest investment. To create, design and build a solid groundwork for any venture, one must have a big vision – a trait that Charles prides himself on possessing. The ability to see the bigger picture despite small instances, setbacks and obstacles is what has been the cornerstone of Charles’ success. His simplistic approach to real estate is a principle that he applies to life as well – buy low, sell high. In life you have to build from the ground up but aim high.
****************ABOUT LAURE AMPILHAC***************
After 15 years as a Business development Executive in France and Canada, Laure left the corporate world during the 2009 recession, to follow a new path.Robert Kiyosaki’s Rich Dad Education led her to a career in Real Estate Investing, creating multiple sources of active and passive income. Laure is a real estate entrepreneur, a property manager, a mortgage agent and now a Certified Wealth Management Advisor.
Her expertise and her passion for Early Retirement has allowed her to mentor and empower home-owners to acquire more properties and build a long-term retirement strategy using their home equity, life savings and Registered Retirement Savings Plans (RRSP, LIRA, TFSA).
Mortgage Agent & Certified Wealth Management Advisor
✆ (416)[masked] ✆ (877)[masked]
iBrokerPower Capital Inc (The Mortgage Centre) Lic# 10538
Canada's age 65 and older population is projected to continue its strong growth over the next two decades. This group is expected to increase in size by 85 percent between 1998 and 2021 and will represent 18% of Canada's total population, up from the current 12.3 percent. Even more significantly, Canada's elderly population is becoming top-heavy with persons in the oldest age brackets. By 2021, 29 percent of Canada's seniors will be in the age 75-84 bracket and 13 percent will be age 85 and over. Persons at such ages are at increased risk of chronic Ihealth problems and physical and cognitive impairments that threaten their ability to maintain independent households.
**************ABOUT THE EVENT ORGANIZER *********
Six Degrees Real Estate Investors Mixer
[ Helping Home-Owners and Real Estate Investors Retire Early With Real Estate]
(416)[masked] | (877)[masked]
Get Event Updates
Follow updates on The Real Estate Mixer FanPage (https://www.facebook.com/realestatemixer/events)
****************ABOUT THE VENUE*******************
http://www.gearylane.com (Dupont & Dufferin) * Free Parking
****************ABOUT SIX DEGREES*******************
Six degrees of separation is the theory that everyone and everything is six or fewer steps away, by way of introduction, from any other person in the world, so that a chain of “a friend of a friend” statements can be made to connect any two people in a maximum of six steps.
The Real Estate Mixers are designed to educate & connect home-owners and investors in an intimate and warm environment.
Lively, interactive EDUCATIONAL & NETWORKING EVENTS:
If you are interested in learning more about how to invest in an rental property/multiplex (active investing) or invest your RRSP/Cash savings in alternatives investment vehicles in real estate (passive investing), then you have come to the right place.
The aim of these evenings is to create a space for like-minded people with an interest for real estate and investing Come and learn about money lending (private mortgages), MICs, Real Estate Investment Groups/Private Equity Funds and more.
*********HOSTED NETWORKING EVENTS**************
Laure will be there to connect you with the professional, lender, investor that you have been looking for your project, real estate transaction or investment. Come to us during the networking event and we will introduce you to the right person! See you there.
Alex Bell, B.A.
Home Insurance / Property Insurance
Commercial Account Executive
35 Stone Church Road, 3rd Floor, Ancaster, Ontario L9K 1S5
Tel:[masked] Local:[masked] ext. 2617 Fax:[masked]
Fazle Naqvi Sales Representative
Keller Williams Real Estate Associates, Brokerage
7145 West Credit Avenue, Mississauga, ON, L5N 6J[masked]
Looking for a realtor to purchase an investment property in Hamilton? Contact Fazle
Financial Planning Advisor
Renata's Bookkeeping ServicesP:[masked]F:[masked]
Photo Credits: Mauricio Jimenez[masked]
MAGIC VISION Photography
Voted – Top PHOTOGRAPHY STUDIO in Toronto ( Top Choice Awards – 2013)
Visit us at http://www.magicvision.ca
Investors Forum March 5-6, 2016 (http://www.meetup.com/Six-Degrees-Real-Estate-Investors-Mixer/events/228538495/)
Tax Strategies (https://www.eventbrite.ca/myevent?eid=20049703202) 21 Mar[masked]:30 PM
Acheter sa 2ème propriété: Comment utiliser son patrimoine pour réinvestir? (http://www.meetup.com/Six-Degrees-Real-Estate-Investors-Mixer/events/229087576/)
Property Insurance & Life Insurance for Real Estate Investors (https://www.eventbrite.ca/myevent?eid=20049710223) 25 Apr[masked]:30 PM
How To Invest Correctly Workshop May 7-8, 2016 (http://www.meetup.com/Six-Degrees-Real-Estate-Investors-Mixer/events/229225859/)
Pre-Construction Investing: Grow Your Capital in a Flash (https://www.eventbrite.ca/myevent?eid=20049713232) 30 May[masked]:30 PM
Family Trusts and Asset Protection for Real Estate Investors (https://www.eventbrite.ca/myevent?eid=20049716241) 20 Jun[masked]:30 PM
BROUGHT TO YOU BY: Laure Ampilhac
Mortgage Agent & Certified Wealth Management Advisor
✆ (416)[masked] ✆ (877)[masked]
iBrokerPower Capital Inc (The Mortgage Centre) Lic# 10538
MORE INFO AT:
Bring lots of business cards and good vibes!
THE BENEFITS OF INVESTING IN THE REAL ESTATE ASSET CLASS:
#1. Cash Flow
A big advantage real estate has over other investments, is that it can produce cash flow on a monthly basis. Positive cash flow is derived from the revenue collected in the form of rent and laundry income minus expenditures required to pay for and operate the building. The cash generated by a real estate investment will always be a much larger percentage cash-on-cash return than any other investment. The reason for this is leverage.
Leverage is the ultimate power of investing, and the fact is that there is no investment where the application of this tool is more powerful than real estate. In real estate the leverage is based on the asset itself, and even the notoriously conservative banks will loan up to 75-80 percent and sometimes higher of the total asset value. Banks are comfortable lending large sums of money for the purchase of real estate because they know it is one of the safest and most profitable investments available. Also when you leverage an investment, you reap the benefits of appreciation on the total asset value, while only having a small percentage of your own money in the deal.
Real estate generally is a long term investment, and its benefits are best realized over the long term. It takes time for real estate to appreciate in value; however, while the property is appreciating the residents are paying down the mortgage. On top of this the rental income grows on a percentage annual basis.
The average compounded annual increase in real estate nationally has been 5% per year for the last 25 plus years, since 1980. Depending on the real estate cycle at any given time, the geographic location and type of property, the percentage annual increase could be substantially higher of course. Residential real estate appreciates more than the annual rate of inflation over time.
#4. Hedge Against Inflation
Many people feel that the commonsense thing to do is to take your money and put it into a savings bond or bank account that yields 2 to 3 percent per year. The main argument for this type of investing is that it is “safer” than real estate or other types of investments. The problem with this strategy is that you do not make any money, due to inflation.
Inflation is the price we pay for goods measured against a standard of ability to purchase those goods. The long term average of inflation has been nearly 3.5 percent since 1913, the year it began being tracked. That means that putting your money into a bank investment or account that yields only 2 to 3 percent, earns you no purchasing power in the future. You are actually losing wealth because inflation is higher than your returns. The gain in interest is wiped out by the rising cost of living. You are not becoming wealthier, you are becoming poorer because the cost of goods is growing faster than the value of your money.
The beauty of real estate is that it is a tangible asset-a good. Meaning it will generally rise either at the rate of inflation or much higher. Historically real estate has risen at 5 percent per year -a full 2 to 3 percent higher than inflation. And that is just appreciation. That does not take into account the cash flow generated, nor the tax advantages such as depreciation, refinance, and tax deductible mortgage interest.
Depreciation is an income tax deduction that allows a taxpayer to recover the cost of wear and tear, deterioration, or obsolescence on an annual basis. For real estate, it is a nonoperational expense that can be used to your advantage come tax time.
Another advantage of real estate over other investments is the ability to withdraw cash through a refinance of the property. This, too, is a tax shelter. When you refinance a property you are restructuring your existing mortgage debt based on the added value of the property. Refinancing also allows for investors to pull their initial investment out, while still continuing to have a vested interest in the property, creating a cash-on-cash return of infinite because the capital investment is zero!
#7. Asset Protection
There are a number of ways to legally protect a real estate investment that cannot be utilized by other investments like stocks and bonds. If a stock or bond company has a bad year, and suffers losses, the individual investor is simply out of luck. Real estate is one of the few investments that can be insured and protected from damage caused for whatever reason. By having the proper insurance coverage, you are able to claim losses for the actual value of the asset before the loss, and during the loss.
Another distinct legal advantage of real estate is that it can be placed into a corporation or family trust that allow you to protect your personal wealth by individualizing and protecting your assets in an event of a lawsuit. There are also distinct tax advantages.
#8. Physical Asset
Real estate is a physical asset, that cannot be traded by a click of a button by an online brokerage. You can physically walk the grounds of the property, and inspect the building. As such, it’s not subject to the volatility of other investments like stocks, where change can happen fast. You are not at the mercy of the company’s public relations department, waiting to hear from them. Meaning, if the company announces poor earnings for a quarter, the stock will drop suddenly with little warning. Your only option is the react, but not before you’ve lost a substantial sum.
Real estate is different. While it still has its ups and downs, for the most part real estate takes a more tortoise like approach: slow and steady wins the race. By paying attention, and knowing what to look for, we can see the trends that lead to changes in the market, well before they happen. Allowing us to formulate an investment plan on how to change operations or to sell. This in turn maximizes our return on investment or cash-on-cash return