R.I.P Real estate Investment Plan

The other day some friends were pondering the question, “are you afraid of dying”. Someone responded, ”I don’t think I’d be so much afraid of dying as being afraid that I had not lived.”
I know this is probably not a new thought but it got me thinking about all the things that we wish that we had done. The length of our lives is not guaranteed so we should do the things that we are interested in. If you’ve always wanted to buy a house and flip it you should do that, if you want to live in a different home you should do that, if you want to invest for your future and your family’s future you should do that.
Don’t reach the end of your life wishing that you had done more; wishing that you had risked a little bit more to get somewhere in life.
Don’t wait and then wish that you had traveled but now you’re too old or too sick to even get travel insurance.
If we can help you achieve anything on your wish list, give us a call, we would love to help you out.
#TeamKander
#InvestNow
#Travelnow
#LiveLife

#Jesus

Rerent my lease to make cashflow

The price of rent is very affordable right now. I was thinking that a long-term idea for making money would be to rent properties with a 5 to 10 year lease in place and then you could sublet them (with the owners permission of course) and once rents were back up you could take the extra income as cash flow.
So there’s no money out of your pocket for initial investment other than a damage deposit. Just a creative idea that may work for cash flow.
Some people are also doing this and switching the rental property into an Airbnb (with full disclosure to the landlord) and making huge cash flow. Again they don’t have to buy a house but they can create wealth/cash flow almost immediately.
#TeamKander
#GreatIdea
#CashFlow
#CreateWealth

Where did condo fees come from?

Most people think that condo fees are a relatively new idea. I thought so as well, but I just finished taking a Commercial Real Estate course in Calgary and the instructor said that the Greeks actually invented condo fees as early as the 1300’s. They lived communally and shared the expenses of common areas, water systems, etc.
I guess the system must’ve worked well because it’s been in practice for hundreds and hundreds of years. It’s really nice to share the big expenses with your neighbours.
Condo fees can be a great idea. Might be time to check one out!
#TeamKander
#WeHaveCondos
#ItsAGreekIdea
#ShareTheCost
#CondoFees

How Realtors get paid

People often wonder how realtors get paid. Not everyone understands how this works. One couple who looked at houses with Bryce thought that he got paid per hour by the company to show houses so they could just go buy from anybody and he would still get paid an hourly wage. Not so.
In real estate, if a realtor shows you houses, writes offers, or helps find your mortgage financing, and then you end up purchasing the house from another realtor... that’s like going to work for a month at your job and then having your employer give your paycheque to someone else.
The best thing to do is find a knowledgeable realtor who you trust and who you’d like to work with and stick with them. Realtors get paid on a commission basis. They don’t make money any other way. So when you buy a house through them and take possession; that’s when they get paid.
#TeamKander
#FaithfulBuyers
#CommissionSales
#WorkingHard
#HappyClients

Sold in Rimbey

I had a client phone looking for a home but there wasn’t one for sale that she liked. During our conversation she told me about a new one “down the street” that might be for sale so I went and I looked in the window and saw a sign. Long story short, I didn’t end up selling that house but I ended up selling her the house that belonged to the lady whose number was on the sign.
If you’re looking for a house and it isn’t out there right now just give us a call and we will find it! We are always willing to work hard for you to make the impossible happen!!
#TeamKander
#MakingTheImpossiblePossible
#WorkingHardForYou
#ThinkingOutsideTheBox

Goat storage

That’s NOT a typo!
You never know what unique things people need in a home. I know an awesome lady who is a veterinarian. Some baby goats had frozen their feet so she took them home and she actually made a place for them under her stairs where they could be warm and heal so they didn’t have to be put down.
It’s always interesting to see what things people need in a home, whether it be goat storage, doggy baths, cat runs, craft rooms, or room for more children.
What unique things do you need in a home?
#TeamKander
#GoatsNotCoats
#UniqueNeeds
#TailorMadeHome

If you could buy this home, would you?

We posted a poll asking how many people would buy houses if they didn’t have to qualify. Most people said they would buy two or more (or 10, or all of them). The interesting thing is that, historically, there have been times when you didn’t have to qualify for a mortgage and people took it for granted and didn’t buy anything. There was one point in the early 80s where you could literally buy 10 houses in a day for a dollar down payment each and assume the mortgage with no qualification. Yet people were afraid and didn’t buy them. I bet they wish they had! We need to take advantage of any ways that we can access to purchase homes. As we can see presently, it’s getting more difficult every year. As the government changes the rules and binds our hands, we are unable to purchase as much real estate as we would like to own. Right now, there are rent-to-owns available which are like assuming a mortgage without qualifying and some sellers will hold the mortgage for a considerable time so that’s like buying a house without qualifying!
If you’re interested in purchasing real estate give us a call and we will do our best to help you out.
#TeamKander
#CreativeRealtors
#InvestNow
#NoTimeLikeThePresent