Urban housing starts rose over most of Canada’s cities in June. In Atlantic Canada, urban housing starts rose by 7.7 percent. If you’re a savvy investor, you really ought to take a look at our positive cash flow project in Fredericton, New Brunswick!
OTTAWA – Canada Mortgage and Housing Corp. says the pace of housing starts rose in June, driven by urban multiple starts — condos, apartments and the like.
The federal agency estimates there were 20,327 actual starts in June across the country, up from 18,494 in June 2011.
Tweaked to remove monthly variations, that produced a seasonally adjusted annual figure of 222,700 last month, up from 217,400 in May.
Urban starts increased by 2.6 per cent to 199,500 units in June on a seasonally adjusted basis, with urban single starts off 0.3 per cent and multiple starts up 4.1 per cent to 132,000.
Urban starts for June rose 7.7 per cent in Atlantic Canada, 17.3 per cent in Quebec and by 31.2 per cent in British Columbia.
The number of starts slipped by 6.9 per cent in the Prairies and by nine per cent in Ontario.
Read the original article: http://www.huffingtonpost.ca/2012/07/10/canada-housing-starts-june_n_1661482.html
“Thank you so much for all that you have done for me in the last couple of months. I have greatly enjoyed working with you and I am so excited about adding the Harbourfront Condos to my portfolio.
You could not have come into my life at a better time… I was just starting my new investment company and your advice was worth its weight in gold. Starting a business for the first time is a scary proposition! You empowered me and gave me confidence. You not only advised me on the properties that I was purchasing, but also on how to incorporate, interpret returns on investments, understand tax laws, structure mortgages, work with lawyers, etc, etc.
You were the consummate professional and always answered my questions in a timely fashion. Though I asked you hundreds upon hundreds of questions (literally!), not once did you make me feel that it was too much or that my questions were in any way unwarranted.
I feel so fortunate that our paths have crossed and I greatly look forward to working with you in the future! I wish you much, much luck with your Panama and Belize ventures. Talk to you again soon!”
“As a new investor for the Royal Parkway, I feel great with the rental incomes for the 2 units. This will greatly improve my Cash Flow for 2011. For the last 3 to 4 years, I tended to borrow the money, around $125,000 from the Bank, and used the HLOC (Home Line of Credit) money to purchase the BMO Monthly Income Fund. The market was down in 2008, and I didn’t have any luck on making money."
“Thank you for the Royal Parkway project. The Investment was well structured and the Investment package was very informative and well put together. The positive cash flow certainly helps and is a rarity these days."
"Thanks so much for your help in getting me to close these units in Royal Parkway. Through the guidance and patience of Marie-France, I had the privilege of understanding and acquiring two units which are perfect fits to my long term goal of having a passive income portfolio. I appreciate and value business experiences that are respectful and efficient. I also wish that this is the first of many business interactions to come!"
“You must ‘invest in now’. I used this slogan on a personal business card that I took with me to a REIN conference at the beginning of 2010 and now I feel even stronger about it. You must make investments in both your personal and financial time ‘NOW’ because you cannot turn the clock backwards."
"As before, a very clear and precise process. Easy to follow and implement. In fact this time it went very smoothly as we were well prepared and no last minute rush. It's a great deal and we look forward to working with you on similar in the future. Your responses to our queries as always were prompt and to the point - much appreciated. Thanks again to all who made it happen."
"It is coming up to the 1-year anniversary of our Woodhollow condo purchase. This has been a fantastic investment: worry-free with positive cash flow. Here is the return that I have received so far (excluding price appreciation): Positive Cash Flow: $471.92 / month. First year cash flow $5,663. First year mortgage paydown $1,494. Total return (excluding price appreciation) $7,157."
"Our experience has been extremely positive. Marie-France was always available to answer our questions and provide us with the reassurance we required to move forward with investing in the Woodhollow project. We have purchased two units and are extremely satisfied with the ROI of one thousand dollars per month. We are very impressed with the service and the return we are receiving. We look forward to future projects."
“There are two projects that I have bought into with The Zen Investor – Woodhollow and Lincoln Heights in New Brunswick. Both units were turnkey investments and both generate a positive cash flow even with the high property taxes! I had a lot of help from Marie and Craig, both of whom were willing and eager to answer all of my questions. Even though these investments are on the other side of the country, I have been able to manage the purchase and maintenance of the units confidently. John Rocca and Marie-France Dayan have created many interesting real estate projects over the past few years. The timing or the funding was not quite right for me on some of them, but when I did have everything in place, they came up with a new project that met my criteria and I was able to get involved. I have been very happy with my investments and I’m looking forward to the next perfect project to add to my portfolio.”
"Your name came up yesterday when I was at Scotiabank for my two Cullinan condos. First, let me say that I’m absolutely thrilled with how well and smooth it has gone each month. Between the 3 units I have, including putting away money for taxes monthly, I’m making just about $1100 that I’m able to put directly towards the 20% down payment. It’s a formula that is so logical, so easy, that when I discuss it with selective people they think I’m full of ‘you-know-what’!
That being said, it’s the 2nd time now that just from chatting with the teller at the bank, who sees the account on her screen and can of course see the profits I withdraw each month, that interest in my investment was expressed. I directed her to your website. People are skeptical, as you well know. I remember it was pretty nerve-wracking for me when I decided to buy the 1st one… In any case – you never know, maybe she’ll look into it and decide it’s as easy as it looks!
So again, I wanted to say thank you, Marie – and hopefully there will be one or two more units at some point!"
“I want to give you my comments on the Woodhollow and Royal Parkway purchases we made last year. I found that the process was very well thought out and executed. We were given clear directions and understood the opportunities that these projects represented. Your supply of background information on the developer, the city and the projects was well put together."
“Excellent answers as always, Marie, that will save investors lots of money. And saving lots of money is music to investors’ ears! There is a lot of interest from my database regarding this project, some from those who have invested in several of your projects so far and love them! You have done an excellent job presenting this project and it will, no doubt, sell out very quickly.”
“I wanted to thank you for what was (up to now) one of the best, fulfilling, enlightening trips I’ve experienced. Everything about the trip was so smooth and went off without a hitch. If you consider all the logistics involved for our group of 16 it is just amazing!!! BRAVO!! It goes without saying that I am anxious to receive proformas on the opportunities we had the chance to see. Thanks again … and I hope it isn’t to tough for you STILL being in Belize!!! Ya better Belize IT!!”
“Marie is so knowledgeable in emerging real estate markets that she totally opened my mind regarding offshore property investing. I love her vision of creating the experience of fun, spirituality and financial freedom in one place … Dream Valley Belize! I strongly recommend to all my real estate clients to get her information before investing offshore.”
"I just wanted to take a moment and thank you once again for all your assistance with my latest property investment at Royal Parkway. As you know this is my second property within the last year that I have invested in with John Rocca. Although I am a fairly new investor I have found it much easier achieving my goals having had your expertise and knowledge to help me along. The thing that I love most about the two investments that I now have in St.John, N.B. is that are they are passive income with an excellent positive monthly cash flow. I look forward to our next project together."
"Thank you for getting me started on my real estate investment journey. If it were not for you, it would all still be just a dream."
“Marie is a passionate and enthusiastic presenter that will teach you everything you need to know to invest in positive cash flow, trouble free, beautiful real estate investing, while fulfilling your dream of financial freedom!”
"After spending a week with both Marie and Mr. Rocca (in Belize), it was with ease that I bought a second unit in the Cullinan Place project in New Brunswick. I have been an investor since 1990 and have tried different real estate investment models. But Marie’s model is solid. Backed by a solid developer. Frankly speaking, this model should be in every real estate investor’s portfolio. Passive, hands-off, ease of ownership. One of the most powerful property investment models indeed!"
"From the bottom of my heart, I can't thank you enough. You are truly the most caring business person I have ever met! In the past few years, as I have tried to pursue opportunities and simply try to 'get ahead' in this web of real estate, I've learned that the people you deal with can 'make or break' your goals and dreams with the snap of a finger or a missed call or by simply not caring. When most would walk away, or not do anything, you have once again, handled the situation so that everyone wins!"
“I could never have dreamed that I would be a property owner. I had assumed you had to be wealthy to buy real estate of any kind. I was wrong. It was an easy process with the help of The Zen Investor. It began for me with the purchase of a condo in Fredericton, in the Lincoln Heights project. Within a couple of months Cullinan Place was available in Saint John and I was quick to pick up 2 units. I paid 20% down, and after all my monthly payments are made I easily have between $600-$650 passive income between the 2 units. Plus, the properties are increasing in value all the time. It just makes sense. My only regret is that I didn’t start buying property years ago. As a divorced mother of a teenager, I feel as though I now have some financial security for both myself and my son.”
"Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover."
- Mark Twain