August has already arrived! I can’t even believe it!
This weekend is the Civic Holiday long weekend and we are super excited to be finally taking some relax time and spending time with our friends and family. The last couple of months have probably been the busiest time for Dave and me. It has basically been a culmination of many things put together. Dave and I have been busy taking care of the boys who have been home full time since March which means more cleaning, more cooking, more keeping them busy. Meanwhile, putting real estate deals together, lots of meetings with investors, consultation with the City for our existing projects and a few closings.
It has been hectic to say the least! But at the same time, we love the business, the hustle and bustle and all of the amazing people we have been meeting along the way. Honestly, we can’t complain. Dave and I have also upped our workout regime. We get up early in the morning to complete a 1.5hr workout (mostly weightlifting) and I add a 20-minute meditation session at the end… I still can’t get Dave to meditate with me (lol). Working out every day keeps us feeling sharp and healthy, we just don’t feel the same without it.
As for our real estate business, we have been working on yet another transit project. This one is a property that is walking to the transit which we will amend the zoning and get the approvals from the City to convert the existing triplex into a six storey, 48-unit apartment building. Out of all of the projects we have going on right now, this one is my favourite. I’ll keep filling you in throughout the way.
Here is the concept of this project:
Enjoy the rest of your summer friends!
Stay happy and healthy,
Carina & Dave
Real Estate vs. Stocks
Investing in real estate or stocks is a personal choice that depends on your pocketbook, risk tolerance, goals, and investment style. It’s safe to assume that more people invest in the stock market, perhaps because it doesn’t take as much time or money to buy stocks. If you’re buying real estate, you’re going to have to save and put down a substantial amount of money.
When you buy stocks, you buy a tiny piece of that company. In general, you make money two ways: As the value of the company’s stock increases, the value of your investment goes up, too. And, depending on the company, you may receive regular dividends, which you can reinvest to grow your investment.
When you buy real estate, you acquire physical land or property. Most real estate investors make money by collecting rents (which can provide a steady income stream) and through appreciation, as the property’s value goes up. Also, since real estate can be leveraged, it’s possible to expand your holdings even if you can’t afford to pay cash outright.
For many prospective investors, real estate is appealing because it is a tangible asset that can be controlled, with the added benefit of diversification. Real estate investors who buy property own something concrete for which they can be accountable. Note that this article does not focus on real estate investment trusts (REITs), which are a way to invest in real estate through financial products that are bought and sold like stocks.
There are a number of considerations for investors when choosing between investing in stocks or buying real estate as an investment.
About Dave Wallace and Carina Guzman:
Dave and Carina are real estate investors. They have been actively involved in the Ottawa area real estate investing for a number of years. Their mission is to provide quality housing for quality tenants, while at the same time providing an above average return on investment (R.O.I) for our investor partners and themselves. It is truly a win-win-win way of investing!
Dave and Carina offer their investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without a hassle of being a landlord, please contact Dave and Carina.
For more information about Dave and Carina and their investment program, please call (613) 858-7143. or visit https://daveandcarina.com