What do wineries, steaks, golf and Vancouver real estate have in common?
June 5th, 2010 | by admin |Hey there!
I am actually in Osoyoos having one of the most incredible experiences in my life. Just let me go into our “beach” office here to explain ..
I actually standing at one of the most spectacular locations in Canada right now, The Osoyoos Desert.
And I am a “vacationer” and also an owner at the Casa Del Lago Resort, specifically a resort complex in Osoyoos. This is actually the only desert in Canada full of wild snakes and rattlers .
And I am here because I wanted our team of agents to have a abbreviated break. You see I am in my very special own little slice of paradise here and there is something amazing about being able to take time off with the people you work with – especially in a beautiful sunny desert such as Osoyoos. You see , knowing that you work with people that are the best at what they do and also being able to enjoy life with them is simply unbelievable!
Anyway , just hear me out . Around 8 years back , I started my own Vancouver Real Estate business.
Exactly five years back , that same Vancouver Realtor business , allowed me to invest, INVEST!, in more and more properties .
Then three years back , we up sized and this allowed us to have our own team of experts – I INVESTED in more people – magisterial people to work with WITH us!
20 months ago, my real estate system allowed me to invest, INVEST! in another property to allow me to do what I am doing right now, expending time in my laptop in the shores of lake Osoyoos…
So here I am on my laptop, revealing you all about it.
Hmm..but why?
I can’t forget what a hard decision it was to escape the regime of accounting firms to start my Vancouver real estate business . I mean, after spending grands of dollars on my Business SFU Education and then putting all those years of really gruellingeffort into my career, just like walking away , wasn’t really an option. At least it wasn’t really an option that I wouldn’t feel REALLY guilty about it. particularly because I was still paying off my student loans!
I mean don’t feel sorry for me… .
I especially disliked that I was working 9-5 for someone else to make their business expand while they took most of the acknowledgement . But I really LOVED what I was doing , I just didn’t want to do it for them anymore.
So I said to myself: “There is got to be a way to make my degree and Vancouver real estate this business of mine.”
Some time went on and , all that affirmation turned out to be was this lip service , and I mean, nothing more than like a mental justification so I could be, you know, strong enough to say to the MAN “I quit!” and leave my career in the sunset .
So, once I saw my home base investing and, they started to create equity, tenants were paying their mortgages, and they started having a lot more free time, and travelling more and more… ! And I got excited!
Because I saw that this light at the end of the tunnel and it was like this light was screaming YES! I was gonna able to use my madness and myconventional education and my career investment for my real estate sales career and my Vancouver real estate business! It was really just learning to let go of my fears to workd extra hard , except NOW I was doing it for me .
Now that I got started.. . well forget about it …GAME OVER !
And it really wasn’t the case that escaping my 9-5 job and investing in Vancouver Real Estate would be a complete turn around , I was just kinda hoping it would be.
This whole Vancouver real estate investment career wasn’t some part of my superordinate plan of evil scheme . BUT I did hope for the best .
And then finally my first attempt and first experience at Vancouver real estate investing, resulted in me buying 2 condos using my 2 credit cards, and making over $200 thousand dollars by the time I divested of them .
The next 2 times I used my guts, instincts and knowledge to buy Vancouver real estate , it resulted in more really huge successes ! I mean thousands of dollars of wealth health and success, and the time to spend them .
The result is simple : Investing in Vancouver Real Estate Rules the Roast ! It is one of the easiest and most effective way to increase your bank account and have the time to do what you really want to do in life .
And ya! I did say the easiest ! And its not because I have been putting in long years flipping and buying houses , or because my family has been doing it over 40 years.
Its because like most fundamental principle things, if you have precise selective information and can follow a simple system, anyone can create wealth in Real Estate. Ya! Anyone!
And ya! You know. I guess I’ve earned the right to make that statement. I been doing it for so long and I got a pretty good track record.
Now would you wait just a moment? I have to relocate to the Spirit Ridge Winery, part of the Nk’mip because its lunch time here in Osoyoos and today’s special is a Grilled Bison Steak with Blue cheese topping.
They also have a amazing wines from the Nk’mip winery. Nk’Mip Cellars is North America’s first Aboriginal owned and operated winery…and it has some of the most stunning views in the Okanagan.
Be right back…
Ok…delicious … you know what I love about the bison steak? It pairs amazingly well with the Nk’mip Merlot…
So anyway like I was saying : Yup! Anyone can invest in Vancouver Real Estate and when I say anyone, I don’t mean like THE Imperial anyone that is usually used in these sales docs .
I mean like Jane Smith from Abbotsford, BC (no offense Jane ). What you think may be a huge risk, is really less risky then staying in that desk job working for other people ! It is actually what has gotten smart investors to a safe retirement for hundreds of years ! Your Vancouver real estate will pay for your lifestyle you always dreamed of .. and then some. It’s not special edge secret and can fit most people’s budgets . Even if you went with a small flat. say in New Westminster , for like normal market appreciation, we are still talking about a $1,300 per month income . And that is just ONE apartment! Image 5 of those in just 5 years …
That it what it takes for you to start!
My point is , a simple system and guts is what it takes to get something in your life that has time and time again amend wealth and money time and time again in most people’s lives.
You know. I am just pondering about what I just typed and it occurred to me that it might be kinda weird to be here bulleting out how easy and effective it is to invest in Vancouver real estate while I am working on investing on getting more and more properties . I mean think about how much real estate is worth! Just one parking spot in Coal Harbour costs way more than my car !
However , Real Estate is a unique animal, they are big and expensive one, and while I am on this animalistic analogy click, what you need to have, own, beg, work, slave away at, or borrow, in order to own an investment property is about equal to the complexity of ant farm .
My first Vancouver real estate investment purchase was done with 2 credit cards that I got from University . and I had a connection with an international language school where I could get international students to rent my condos and of course I had to buy used furniture for my 2 apartments so the students could sleep there and I also provided them with internet service, tv, a telephone and a computer. I let each condo to subsidize my mortgage for 1 year, then took my first gains out.
The point is, that was a simple creative solution that I devised with at the time. It PAID my mortgages. Those apartments generated a total of $3,000 per month. That is $36,000 per year income on 2 credit cards. Even if the market swaybacked to zero, those jewels would provide me with a $36,000 of retirement income when I was, 25 years older, providing I had not sold them for a $200,000 profit. Not rocket science ! Just a little hard work.
Listen ..there are heap of excuses for you not to invest in Real Estate in Vancouver. I am going to list a few things in case you are feeling excessively enthusiastic and ready to try new stuff and just need a little negativeness in your life. nice guy aren’t I?
So… grounds why I am not Buying Real Estate to improve my life and my family’s life.
Number 1.
I am Ugly and Lazy. My tenants won’t want to see my face when I go to collect rent and I prefer not to be there at all .
Number 2.
I don’t have enough time to look at investing in Real Estate because my job requires me to work 50 hours a week , and even though I am aware that if I buy say 2-3 apartments in my lifetime I could be making the same amount of money in the end, I would rather drag on to slave away hours at my job .
Number 3.
I don’t think I know how to purchase Real Estate very well, because every time I go out to look at real estate in Vancouver I feel like my 3 year old knows topper about real estate than I do.
Number 4
Real Estate junkies me out. After spending all month paying my landlord’s mortgage and beholding that all of richest people in the world made their riches buying and Keeping real estate. WHEN I get home and try to get mine I get all weird.
Number 5.
I am pretty happy with the level of income I make right now. Real estate? Pfff!
I mean, why would I want to try to improve my wealth tenfold or improve my life leaps and bounds through with(p) real estate?. I mean pff! What’s the point?
Here are some well mannered answers to the above questions:
In case you didn’t get the satire in the above questions, let me just explain them straightaway.
Here are some semi witty answers:
Number 1.
I am Ugly. PLEASE – Buying Vancouver Real Estate will make you beautiful (really, you are already beautiful if you’ve read this article to this point)!
Have you seen me when I go to collect rent on a Friday night Oct 31st Halloween night? THAT was by far the best looking I have ever been when I went to collect rent. My tenants actually thanked me for brushing my hair !
I am Lazy? PLEASE! Get off your cubilcle :
Here is what you need to do to collect rent from a tenant .
a. Put keys in your car, turn it on.
b. razz to your property, park.
c. Knock on the door, be polite , and collect rent.
d. Place rent in deposit slip and deposit into your bank, drive back home.
If you want you can also hire a firm to do it for you. Got it?
Number 2. Ummm READ Number 1, the lazy part. PLEASE!. Unless you are ok at slaving away for a few more centuries and you want to look back and say “I wish I bought 5 years ago.”
Number 3.
I don’t know how to invest in real estate very well .
Believe me. My 3 year old kid knows more about real estate that we all do What they were born withso far is no FEAR.
The rest is easy. Have courage, knowledge and make sure your real estate cashflows in a good fundamentally good area that will grow over a LONG PERIOD OF TIME.
Here is how simple it is:
1) Get a realtor to look for qualified properties
2) Buy Property, rent it
3) Collect rent from renters
4) Sell property or hold for profit
5) Make more money than my own boss time and time again
6) Start doing what you really dreamed of in your life
This Is a simple concept . It is exactly that simple . The only thing that stops people from doing it is FEAR.
We will hold your hand if you like, but you must have courage . Pure and simple, the rest is easy.
I mean, of course any market will go through its peaks and valleys , every market is cyclical But what’s important is that all property in British Columbia will be higher in 10 years from now and guess what? Your tenant paid for your entire property while you slept! Well. you did have to collect rents once a month for about 1 hour per month or so. And there was that occasional leak in the cellar where the plumber charged you a little for fixing up the under kitchen sink. Sorry, some work, a little cost, HUGE CAPITAL GAINS . Got it?
Number 4.
Investing in Vancouver real estate Freaks me out .
Well. DEAR READER . Real Estate Investment is gonna require that you spend a few insomniac nights to get used to. Sorry if it freaks you out!
Try and imagine an ATM machine in your living room , giving out cash out each calendar month Maybe that image will freak you out less.
And its TONS MORE FUN! When I say owning property is tons more fun than going to work routine nine to five, believe me, I MEAN IT! ITS TONS MORE FUN 
“But Richard I am distressed that my Vancouver property won’t rent out. What will I do if I can’t rent it out?” Trust me when I tell you there is a 99.0% chance, in most of the lower mainland, that you will rent your property. Seriously. The vacancy rate in most of the lower mainland is near zero !
This means that you have 99% chance of finding a tenant.
I think that the risk that you may lose that accounting job is higher than that!
“Richard, the Vancouver real estate market may go down in value .” Ahem. what market doesn’t? Markets will go up and will go down. That is the nature of real estate markets .
The Vancouver real estate market has shown consitency over many years…What I can show you is that The Vancouver Real Estate Market has consistently grown stronger and stronger -over the course of 10-25 year terms! And did I mention that your renter paid off that mortgage by the time you retire? This means you will gain access to FREE rental proceeds coming in every month without having much effort – that’ passive income! What retirement pension plan does THAT?
The point is , if you are an investor don’t worry about the MARKET , because it it’s the DEAL YOU MAKE that matters. If you are covering your mortgage payments, KEEP IT and you will have doubled your wealth every ten years.
2 INCREDIBLE POINTS HERE:
1. Even if all you did was allow us to show you how to buy 2 CASH FLOW apartments TODAY, there is a greater than 51% chance that you will be more financially stronger than most of 95% of your co-workers who go to work 9-5 every day (not that there is anything wrong with this).
2. We can show you how to figure out WHAT AND WHEN TO PURCHASE , just like with all of our clients and our seminars (we spend a ton of time showing you and identifying what to buy and how to purchase it), because its like a formula. Our strategy works over and over again.
Number 5
You’re very happy with your wealth at this moment and you have not had to buy any property and you are gonna stick to your RRSPs and GICs and you have a bank account with interest savings and you are all set.
Well, that’s awesome! I am thrilled! Seriously! That you are making as much money as you are now and you are happy!
I am very glad also that you do not need any more TRUE INDEPENDANT WEALTH in your life. Perhaps this is a content spot in your life and you desire this as it allows for you to have a great lifestyle. Congrats – not being judgemental !
BUT PLEASE! Don’t look back 5 years from now and say, “I wish I had bought real estate 5 years ago because it has doubled in value.” I hate to do this, but I am going to show you a furtive sales proficiency (called future pacing), that sales professionals use to prove value. The only difference is: I am going to tell you I am doing it.
Look to the graph… This is a chart showing over 25 years of real estate values in Vancouver. You see that? That shows that it has CONSISTENTLY grownup upwardly for 25 years. Of course, there were ups and downs! But as long as you purchased a cash flow property and were nice to your tenant , then you rode out all of those peaks and valleys! You see? This sales technique show you with strong evidence that as long as you invest a cash flow condo in vancouver , your Vancouver property will more than go up in value much more 5 years from now.
Well, it’s bbq time here in Osoyoos, we are gonna cook stakes in our bbq especially because we have a sundown and everyone likes to watch sunsets while cooking a steak – especially cooking for a great group of people like my familiy. By the way, the only spice I use on my steaks is sea salt. Great way to tenderise and spice up the meat.
Be right back…
I love my bbq and my sunset.
Now, I got conjointly with my team during our bbq and asked my group this question “What is going to be our greatest challenge when it comes to showing how to do real estate investment to all our clients?”
And they all agreed: “Richard, they are all thinking that the Vancouver real estate market has peaked and they will want to wait for the market to dip again .”
FACT: It makes sense why someone would have such a stance , but there FACT is that there is only 2 types of people out there. 1) Those who invest and 2) those who don’t. Period.
Those who invest wisely know that its not what the market is doing BUT WHAT THEY DO that matters.
And here is why..
You eternally carve out your own market and your own deal whenever you buy an investment home . It hardly ever matters what the real estate market is doing. There are so many properties out there and so much chance that these investors are aligning long term with low rates!
Got it? Now look, I think this is gonna be a little Bragger Lee …but I think our team of experts is the best group of folks in Vancouver that can guide you on any real estate investment plan you can possibly ever think of in British Columbia – in any market .
We offer all of the solutions to the investor in one simple and effective package, making it easy and seamless for you, the investor.
As a Vancouver realtor I will summarize by saying: I made my money by BUYING REAL ESTATE, NOT SELLING IT. If you wanna learn exactly how to make money and wealth in your life, our team has a proven real estate approach and have repeated success for our clients time and time again – regardless of the real estate market .
Just to make the weighting a little LESS WORK – we offer a free consultive analysis of your plans and future goals and dreams and assure you we will explain you just how easy it is to start in real estate investing, which is going to generate more money, more income, and more free time to spend doing exactly what you’ve always dreamed of doing and an incredible retirement.
Well, this is our last day here in Osoyoos. well at least for this weekend. I am going for a dip in the lake now and later joining my crew for a little cocktail party . I hope they have a good gin for my martinis. 
Oh, don’t forget to visit our Vancouver BC Real Estate website and see just how we do it for yourself
Listen, I KNOW this is a great thing . You do too! After all, you would not be here reading this if you didn’t think so .
Bye for now!
Richard Morrison.
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