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Hello again, and welcome back to my blog. I've been having clients ask me lately if it's a good time to invest in real estate despite the shortage in properties on the market. This answer isn't so clear cut, but let me explain.
I know a developer who takes inner city plots and rebuilds them. His returns on these investments are always 15% or greater. Many clients ask me how they can get involved in something like this, and I have to remind them that an investment is not a guarantee. Also, I couldn't possibly explain all the intricacies of real estate investment within the time frame of this video.
If you want to discuss these matters, please call me or sit down and talk with me. I do know builders who are taking on these sorts of projects and they are looking for equity partners. You could become a joint venture partner or simply fund a project if you wished. Regardless, if you're thinking about taking steps like these, please consult me ahead of time because these investments always have uncontrollable variables.
Although inventory is low in the Calgary area, I wouldn't ever say a real estate investment is a bad idea. You just have to have a good handle on what you're doing with your investments and how you can leverage yourself against the market to make a gain.
I'd also like to thank everyone for following my video blog. I'm flattered by your support and I will continue to produce informational content to aid you in your real estate endeavors.
You can contact me at (403) 660-6200 or at jamesmurphy.com
Thanks again for watching!
