Do you Get it Yet?

I usually try to use the KISS principle: Keep It Short & Sweet.
Sometimes less is more.


If you are a Real Estate Investor anywhere in Southern Ontario (or not) you must read this recent article in the Hamilton Spectator:

http://www.thespec.com/news/local/article/581167--hamilton-hot-property

OK the article is a little long (this blog post is short) and that makes it sweet!
By now you should be getting it about Hamilton.

ed@cfiproperties.ca

I Like to Buy Quality

What you see here in case you don't recognize it is one of the most functional and durable tools I own for my bike maintenance. It is a Zefal floor pump and other than the connector hose and valve stem adapter it is all original. This pump is over 20 years old and also probly one of my most frequently used tools. It can bring my road bike tires from flat to 110 psi in 30 seconds to 1 minute.
So what right?
What I'm using this analogy for is to show I recognize quality and that's what I buy.

Our most recent acquisition was a 3 bed, 1.5 bath townhouse in a complex where I own 2 other units. The minute I walked through I recognized the quality and value and the asking price was below that value. We purchased from a bank via Power of Sale at full asking price. When the unit was appraised for financing purposes it came in at $5K above purchase price. My investors & I earned $5K in appreciation the day of closing. When purchasing one of these townhouses we normally do between $5K & $8K of renovations. In this case we spent well under $5K and that was only because we needed all new appliances and a new garage door.

We did not need new paint, flooring, or bathroom updates - all done!

Thank you Mark Loeffler, Chuck Billingsley, Kevin Boughen, and Kim Tkaczuk + all other professionals on our team for making this transaction smooth and easy.
In these volatile times choose a secure, cash flowing investment like real estate in Hamilton Ontario.
CFI Properties specializes in properties in Hamilton and you can email me any time since I am more than willing to share information.
ed@cfiproperties.ca