Real Estate Investing on the True Condos Podcast

This week we sit down with Shaun Hildebrand of Urbanation. Urbanation has been tracking the Toronto condo market since 1981. We talked about the latest data from the market which is showing the highest rental demand Toronto has seen in nearly 30 years. Condo ownership rates looked like they have peaked and rental turnover rates are down. What this means for condo investors and more.

Related Links:

Urbanation

Urbanation’s blog

Urbanation on Twitter

Andrew la Fleur / Sales Representative

[email protected]

http://www.truecondos.com

http://www.twitter.com/andrewlafleur

http://www.facebook.com/truecondos

University Studios is a new investment opportunity in Oshawa, right beside UOIT and Durham College. Varsity Properties is offering a 3 year rental guarantee to all investors who purchase in this project. Varsity Properties has been achieving premium rents in the student rental markets of Kingston, Oshawa and Barrie for over a decade. We chatted with A.J. Keilty - President and CEO - to talk about how they do this and specifically we discuss the investment opportunity in Oshawa. 

Click here for show notes

Andrew la Fleur / Sales Representative

[email protected]

http://www.truecondos.com

http://www.twitter.com/andrewlafleur

http://www.facebook.com/truecondos

The OECD recently said that Canadian real estate prices are overvalued by 33% based on price:income ratio. Will Dunning is an economist who noted that when you use the same premise, you come to the conclusion that rents are undervalued in Canada by 36%. Could this be true? We take a closer look in this episode. PLUS we talk about a new student rental opportunity coming soon in the GTA.

Click here for show notes.

Related Links:

Will Dunning Economic Research Inc.

Will Dunning’s November 2015 Housing Report “Overvalued Housing Markets? Not Really”

OECD’s warning of sharp Toronto housing correction condemned by leading economist

Further Listening - True Condos Podcast with Peter Norman from Altus Group - Is Canada’s real estate 30% overvalued?

University Studios - New Condo Project at UOIT

Andrew la Fleur / Sales Representative

[email protected]

http://www.truecondos.com

http://www.twitter.com/andrewlafleur

http://www.facebook.com/truecondos

Are you better off investing in a REIT (real estate investment trust) in the stock market, or buying a condo and renting it out? In this episode we tackle this popular question for investors by comparing what you could get if you invested the same amount of money in a REIT versus a condo using Capital Hall as an example.

How to get $1000/month from a REIT

Capital Hall - Download the Investor Package

Andrew la Fleur / Sales Representative

[email protected]

twitter.com/andrewlafleur

facebook.com/truecondos

BMO Nesbitt Burns just came out with a report that showed that over the last 15 years (2000-2015) the Toronto condo market has outpaced the TSX for growth and investment returns. In this episode of the True Condos Podcast, Andrew la Fleur talks about why this is amazing news for condo investors and also, why it really doesn’t matter at all.

Andrew la Fleur / Sales Representative

[email protected]

http://www.truecondos.com

twitter.com/andrewlafleur

facebook.com/truecondos

If you only read the headlines and listen to the talk around the watercooler, you might think that the condo market is slow, or worse: about to crash. The truth is that more people are moving into condos than ever before in history. What does this mean for condo investors? Andrew la Fleur breaks it down in this episode.

Click here for show notes.

Andrew la Fleur / Sales Representative

[email protected]

http://www.truecondos.com

twitter.com/andrewlafleur

facebook.com/truecondos

Dominic Tompa bought his first property when he was just 19 years old and he started his career in real estate in 1984. Today he is Broker of Record for Citylife Realty - Daniels’ in-house sales company which has sold thousands of condos for one of Toronto’s most respected developers. We talked about condo investing, the real estate market in 2015, and Daniels most ambitious project ever: Daniels Waterfront.

Click here or show notes.

Andrew la Fleur / Sales Representative

[email protected]

http://www.truecondos.com

twitter.com/andrewlafleur

facebook.com/truecondos

Toronto ranked 8th in a recent report ranking the world’s top financial centres. This is the highest ranking Toronto has ever achieved and the first time Toronto has been in the top 10. Toronto is now second only to New York for cities in North America. What does this mean for condo investors? Listen to this week’s episode to find out.

Click here for show notes.

Andrew la Fleur / Sales Representative

[email protected]

http://www.truecondos.com

twitter.com/andrewlafleur

facebook.com/truecondos

Ryan Rabinovich made his first condo investment when he was just 21 years of age. His friends all told him he was crazy and he nearly listened to them. Now 12 years later Ryan is VP of Sales for Freed Developments (#1 in GTA for sales for 2015) and he still owns that little condo he bought which has doubled in value. We get an update on Art Shoppe, 150 Redpath, and we talk about Freed’s purchase of the Galleria Mall and their plans for that.

Andrew la Fleur / Sales Representative

[email protected]

http://www.truecondos.com

http://twitter.com/andrewlafleur

http://facebook.com/truecondos

What separates the most successful real estate investors from those who are not often comes down to mindset. In this episode, Andrew la Fleur talks about some of the keys to success for the first time investor, and we get to hear about how Shane - one of Andrew’s recent clients - made the leap from thinking about real estate to taking action!

Click here for show notes.

Andrew la Fleur / Sales Representative

[email protected]

twitter.com/andrewlafleur

facebook.com/truecondos

Related Links:

Money: Master the Game - new book by Tony Robbins

Capital Hall - get the Investor Package