All Forum Posts by: Scott Innocente

The fundamentals of multi-family investments are as strong as ever. Rents are rising rapidly and helping to offset higher borrowing costs which is allowing multi-family business owners to ride out the wave of rising rates.

Even if rates rise much higher than expected in the fight to beat inflation, apartment investments would probably survive, says Borsos. Investors are likely to hunker down and wait for the capital markets to get back to normal, he says.

https://www.wealthmanagement.c...

Inflation continues to slow which is good news for interest rates. That being said, the Bank of Canada is still likely to raise 1-2 more times prior to year end.

Interest rates, like all markets, operate in cycles. Right now, we are in a rising rate cycle as the feds try to battle inflation. Once inflation comes into check, we can expect the cycle to shift back to falling rates. It's important to note that no one has ever been able to consistently and accurately predict interest rates, so don't think that you can either!

We love investing in states that have low taxes.  Over long periods of time, these states increase their competitiveness and are more likely to attract businesses and employees fleeing high-tax states.

There are not enough labour, materials, or cheap land available to meet housing targets set by provinces, which is no surprise for a target that never stood a chance of being hit to begin with.

Though housing prices are coming down, they are not becoming more affordable. Until housing supply exceeds housing demand, we will see more renters in this country than ever before.

Rents across the USA continue to explode higher.  The good thing about rising rents is that once interest rates start coming down again, rents are likely to remain elevated increasing investor's cash flows significantly.

A massive wealth transfer is about to take place that could have a major impact on the real estate market.  Baby Boomers are set to inherit over $68 Trillion by 2030 as their wealthy parents pass their built-up wealth down the line.  This influx of cash will impact real estate from resale to rentals.

There are approximately 618,000 Millennial millionaires, according to WealthEngine data, as part of a study compiled by real estate firm Coldwell Banker. Millennial millionaires make up approximately 2% of the total U.S. millionaire population. The majority of Millennial millionaires have a net worth that ranges from $1 million to $2.49 million and fall between the ages of 34 and 37. Due to inheritances, trusts and estate planning, there will be a steady flow of Millennials getting very rich soon. Since the Millennial generation is smaller than the Boomers they're inheriting from, the wealth handed down will be highly concentrated. Ironically, this could contribute to increasing wealth inequality.

https://www.forbes.com/sites/j...

 Thanks for the feedback. 

Check out this link for neighborhood breakdown:  

Californians moving to Florida are landing in cities throughout the state.

https://www.bizjournals.com/sa...

Investing In U.S. Real Estate From Canada. Most investors don't have the in-depth market knowledge necessary to avoid potential massive mistakes. This extra level of risk keeps most would-be investors on the sidelines permanently. A fantastic option for Candian investors looking to get into the USA real estate market is via syndication. Let the experts do the market research and put your money to work in a more passive fashion.

Plans for more automotive? Windsor is perfectly positioned to capitalize on the shift to electric and these big-time players may know just that.

A group of local investors headed by Windsor auto dealer Terry Rafih have purchased the 27-acre CS Wind facility in a $27-million deal that is the largest industrial-site transaction in the region since 2013.

https://windsorstar.com/news/l...