Calgary Foreclosures – The Smart Way to Invest in Real Estate

| Category: calgary foreclosures | November 13th, 2009

===>>Click here to find out more about investing in Calgary foreclosures.<<===

Investing in Calgary foreclosures has to be one of the best things that Joan and I did in the last 10 years or so that we’ve been investing in Calgary properties for sale. We came into investing in Calgary bank foreclosures purely by accident. And what a happy accident it has turned out to be. If you’ve been following my blog so far you know that along with my wife, I’ve been investing in the Calgary real estate market for about a decade.

You’ll also know that those first 5 years I thought I was a real estate investing guru. House prices in Calgary were just continuing to go up. You practically just looked at a house in Calgary admiringly and you could sell it the next day for a profit. We were on track to retire at 55 in a mansion… or so we thought.

Then as you know, the economy took a nosedive about 2 years ago. I was finding it hard to find good prices, and finding it hard to justify buying Calgary homes for sale that were, in hindsight, ridiculously priced. But I did it anyway and I got bitten. A few houses were bought and we started drowning in them almost as soon as we signed on the dotted line.

We sold a couple for losses. One for a loss of $10k and the other for a loss of around $20k. A third we’re trying to nurse back to life. This took the wind out of my investing in Calgary real estate enthusiasm. So we decided to take some time off from buying properties. It didn’t last long because we had a friend convince us of the beauty of investing in Calgary foreclosure properties. And boy did this turn us around.

There’s a guy in Vancouver who has developed this terrific course and program on helping you find bank foreclosures in Calgary, or Vancouver or Edmonton. It is a brilliant set up he’s developed and it’s put us firmly back into the investing game.

Click here to have a look at this program on Calgary foreclosure investing.

Aiden is his name. A very unassuming young man who has done extremely well in investing in real estate foreclosures. I’d highly encourage you to have a look at his program. In our first Calgary house foreclosures investment through his program, we made well over ten times our investment in his program.

Every week you get Calgary foreclosure listings that are oftentimes dozens and dozens of great Calgary homes for sale. Along with this is a complete course on how to go about investing in Calgary foreclosures. Our friend who introduced us to foreclosure homes in Calgary is making an absolute killing. We’re doing okay too. In the almost 2 years we’ve been doing this now, we’ve managed to make around $50k selling 2 Calgary foreclosure properties that we had previously bought.

The great thing with Aiden’s program is that the Calgary foreclosure list is city wide. So it doesn’t matter which part of the city you live in, you’ll have your pick of Calgary foreclosures. In fact Joan and I don’t imagine investing in Calgary properties any other way than through Calgary foreclosure sales from now on.

Click here to have a look at Aiden’s foreclosure investing course.

Warm regards,

Jack

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Foreclosures in Calgary

| Category: Calgary Foreclosure Sales | November 3rd, 2009

Hello friends, I want to continue my previous post about finding foreclosures in Calgary. Joan and I have become very interested in Calgary foreclosures over the past 2 to 3 years. We’ve been investing in Calgary real estate for over 10 years with a lot of success, at least in the first 5 or so years. I’m sure you know what I mean.

But a couple of years ago I started noticing that houses seemed quite expensive and I was becoming more unsure of the ability of real estate prices to continue to go up. Especially in the Calgary real estate market. I remember back when I was starting to invest in Calgary properties that $150k could get you a very nice family home in a good neighborhood. That was about 10 years ago. Today, that same house is probably selling for $300k.

Now I don’t know about you, but my salary hasn’t doubled in these past 10 years. So what happened, is that I bought a couple of houses a little too late in the game and I’m underwater in one of them by ten or so grand and the other one I decided to let go for about a $10,000 loss. Not too bad, but still it stung.

I (well actually Joan and I) started to get a little nervous about continuing to invest in real estate. What had been working before when we were buying Calgary houses was not working anymore. But then about 2 to 3 years ago a friend of ours started talking about a Calgary foreclosure home. At what in hindsight was the peak of the real estate market, he bought and then sold a house making almost $30,000 profit in a matter of just over 2 months. We were intrigued.

Since then, we’ve bought 3 homes with the help of this Calgary foreclosures course and we’ve made over $50k selling 2 of them. We sold the one in just under 2 months and the other one we sold in just over 2 months. These homes were in Tuscany and Silver Springs. We’re very partial to the North West.

The third Calgary foreclosure home we’ve held onto and it is paying for itself with great tenants. So if you’ve been struggling lately in your Calgary real estate investing, please consider Calgary foreclosures. This is an area of real estate that is seeing a steady increase. Plus, you can do it in a win win situation.

Warm regards,

Jack

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Calgary Foreclosures – Finding the Gems

| Category: Calgary Foreclosure Sales | November 3rd, 2009

Hello fellow real estate investor, I want to introduce you to my blog about Calgary foreclosures. My wife (Joan) and I have been investing in real estate, and more specifically Calgary real estate for over 10 years now. In those ten years, we’ve had some great successes but also a few headaches.

As you can imagine, the first 5 or so years investing in Calgary properties was really quite straightforward and easy. The market just kept going up. It was almost like we couldn’t fail. In fact, I hate to admit it, but I thought that I was a real estate investing wizard! Little did I know. As the saying goes, pride comes before a fall. And in the last few years we’ve taken a couple of bumps. Nothing serious, but we’ve had to sell a couple of our properties for less than we bought them for. Not a lot less, $10,000 to $20,000 less, but still, it smarted.

But in the last couple of years we’ve started investing in Calgary foreclosures. Calgary foreclosure homes have become a wonderful opportunity for us to really speed up our retirement income. And we owe it all to a young guy named Aiden from the city of champions. Yes, Edmonton. Now we’re huge Flames fans, so we won’t hold that against him! But this guy sure knows how to find foreclosures in Calgary. In fact he’s a real estate wizard all over western Canada.

I have to tell you, I loved investing in Calgary homes, but when Joan and I started looking into Calgary foreclosures, that’s when we really started to see the income potential of foreclosure homes in Calgary. We feel like we’ve found the golden goose that will take care of our retirement in the next 10 years or less. Freedom 55 is looking more and more certain.

Anyway, we just wanted to share our passion for investing in Calgary real estate with our visitors. And we hope that you’ll learn some new things that will help your real estate investing wherever you may be. But if you’re in Calgary, we’d strongly suggest that you look into Calgary foreclosures. With the economy the way it is, now couldn’t be a better time.

Warm regards,

Jack

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