Real Estate Market Update: Natural Disaster – Fire Sale

  Fire sales, blowout sales, and door crashers are a few sales slogans that marketers use to get the attention of the consumer. However, these terms have been prevalent in the world of real estate over the last number of months too. Not for the hot real estate market we read and hear about, but rather because of the devastation of properties and homes. The fires in the wine regions of Napa Valley, Sonoma Valley, and even here in the interior of BC, have been devastating and will have a huge impact on … [Read more...]

Real Estate Market Update: The Medieval Investor

Carcassonne, a medieval town dating back to 200 B.C., was discovered by the Roman army due to its rocky hilltop that offered the perfect strategical observation and defensive positions. The Romans began to build a fortified city on the hill and over the next 2000 years, it evolved into the impressive walled city of Carcassonne. It was Phillip the Bold, son of St. Louis, that developed Carcassonne into an impenetrable city in the late 1200s. The fortification was strong with its two lines of defense, or two walls, … [Read more...]

Real Estate Market Update: Jet Setters, Direct Flights, and Real Estate

The wealthy jet setters think nothing of jumping on a plane and flying to another continent to dine at a Michelin three-star restaurant or to have a well-known, highly sought-after tattoo artist ink-up an arm. You often see these people when traveling through the larger international airports or when you are making your way through the first-class cabin as you head for your coach seat. These people—the jet setters—have tons of money, as well as a lifestyle and schedule that allow them to jet around the world. … [Read more...]

What is Your Brand Value?

Do you know the value of your brand? What determines the value of your brand? Over the last number of years, there has been a significant change of which brands are leading the pack. Previously, the top brands were McDonald’s, IBM, and Coca-Cola. Now, the top five brands in the world are all technology-based companies. Google holds the number one spot with a brand value of $245.6 billion, followed closely in second place by Apple at $234.7billion, and then Microsoft, Amazon, and Facebook all in the mid $150 … [Read more...]

Where are the Ultra-Rich Buying Luxury Homes?

This past weekend was an amazing time of celebration as we celebrated Canada’s 150th birthday! As I reminisce about the weekend, I am reminded about the diversity, beauty, and awesomeness of our great country; but more importantly, I was reminded how fortunate I am to be Canadian as I had many wonderful Canadian moments and experiences. On Saturday morning, I helped a number of Eximus investors and clients complete and possess their new properties, and by early afternoon, myself, my wife, and two of our friends … [Read more...]

Investing in real estate, is there a secret sauce?

Secret sauce is the key ingredient to making an ordinary dish an extraordinary dish. This delicious concoction causes one’s mouth to water with the anticipation of an explosion of joy for your taste buds. If you are like me, after I have tasted and experienced an appetizing dish that has a specific secret sauce, I then re-create that dish in my mind and literally start to salivate. Try it! Think about your favorite dish with that extra special secret sauce… Are you salivating? When it comes to investing in real … [Read more...]

Real Estate Market Update: Overvalued Or Bubble

Last week I was fortunate enough to spend a few days in hot and sunny Scottsdale, Arizona. After the horrible winter we experienced on the West Coast and a spring season that is still in hibernation, the 38 degree Celsius heat was therapeutic to my body, mind, and soul. For me, sunshine has healing powers. Soaking up the rays and drifting off while lounging in a beach chair is a magical experience. I was attending a conference with 150 of the brightest and top performing real estate agents in North America that … [Read more...]

Gym Rats Are Bullies

I used to love going to the mall when I was a teenager. Shopping at the latest, trendy acid-wash denim store, buying a record or cassette tape at Sam the Record Man, and of course, interacting socially with teenagers of the opposite sex. What year was that? 1980. Today, the latest denim trend is skinny jeans, Sam the Record Man has been replaced with Apple stores, and social interaction happens on our smart phones rather than in person. The mall scene is not what it once was and malls are no longer busy with … [Read more...]

The Miracle of a Millionaire

What is a millionaire? Most would describe them as an individual with assets worth $1 million or more. However, politicians are using the term “millionaire” to describe an individual who makes more than $1 million a year. They are labeling these individuals as taxpayers that are in the “millionaire’s tax bracket” but there is a big difference between these two groups of millionaires.  Obviously, the individual who makes $1 million a year is in an elite group of earners. Countries, governments, and cities around … [Read more...]

Insane Greatness: Investing in Real Estate

There is no single path to insane greatness. I was reminded of this as I watched the NHL All Stars Skills Competition this past weekend. Every player—a gifted, athletic, artistic genius; but in many cases, they pursued very different routines to make it to the top of their game. Success is more a deliberate practice of what works rather than an opportune lucky streak. The path to greatness is paved with many tiny consistent rituals. Nikola Tesla was not a fast skating NHL player; however, he was incredibly … [Read more...]