Can you believe summer is already leaving us?!  How time flies when you’re busy!  We recently sold one of our rental properties that we had for a very long time and it’s quite rewarding to get a big fat cheque for all the years of investing.  Not to mention all the hard work we had put in throughout the years and especially the final stages of intense renovation and home-staging!  However, none of this could ever happen without planting the seed at the very beginning – over 8 years ago!  Without having taken action early on, we would not have been able to reap our rewards today…

Real estate investing takes time to realize the true return.  It doesn’t matter if it’s a rental property (actively investing) or a mortgage investment (investing passively).  Time is precious.  We can’t replace it or go back in time so the sooner you start, the sooner you can start to reap the rewards of real estate.  A lot of large developers who are into the land banking business knows this concept way too well.  They buy a piece of land knowing that their payday might be 10 or 20 years into the future.  We have to have the same mindset.  

One investor asked me the other day ‘when is the best time to buy a house?’  My answer is 25 years ago.  It doesn’t do my investor friend any good because he can’t travel back in time and buy a house.  So when is the next best time? Since we can’t go back to YESTERDAY, I’d have to say TODAY if you can!

If you are interested in purchasing an income property or investing passively but don’t know where to start, feel free to contact us at CE Properties and we will gladly help get you started!