Real estate investors need to be more creative than ever these days. Prestigious Properties of Canmore represents one of the best examples.
Company President Thomas Beyer and Chief Operating Officer Doug Thiessen have repeatedly demonstrated that the syndicated purchase of carefully selected rental properties can bring investors reliable quarterly cash flow and significant equity appreciation, with minimal risk.
However, they have grown slightly wary of the Alberta market. "While we certainly still see some upside in Alberta prices, we believe the risk has increased and the level of cash required to purchase those Alberta assets is too high, lowering overall investor returns significantly," says Beyer. "We can better invest, with less risk, elsewhere, such as Saskatchewan or Texas.
"We're taking our proven business model to more attractive markets. Frankly, the prices in Saskatchewan and Texas remind us a lot of Alberta back in the mid-1990s," explains Beyer.
Beyer and Thiessen have developed a highly successful formula that has seen profits for hundreds of their associates. Most of them are "ordinary" investors who have never regretted their decision to enter into a syndicated purchase agreement.
"Investors are generally looking for three things: Minimal risk, regular income on a monthly basis and a 100-per-cent guaranteed chance to watch their equity grow at a substantial rate," says Beyer, an MBA from the University of Alberta as well as a Gold member of the Alberta Real Estate Investment Network.
While nobody in the investment community is able to offer iron-clad guarantees, Prestigious Properties CAN enable you to share in the ownership of revenue-producing apartment buildings that are as close to bulletproof as it's possible to be.
However, Beyer's instincts tell him it's now time to look beyond Alberta for the best deals. After a great deal of research, he concludes that it makes more sense - and entails less risk - to buy deep in the heart of Texas or in Saskatchewan, rather than here at home.
"The key issue is leverage: How much cash do I need to obtain a certain asset? It takes a great deal more cash to buy in Alberta than it does in these other markets," he says. "We had a great run in Alberta, but I think it's time to look elsewhere."
Why? Well, in rising markets such as the ones mentioned, quality properties are available for as little as half the price being asked for similar properties in Alberta.
"Prices are about half and yet rents are only about 20 per cent lower," Beyer adds. "That represents an upside for investors."
The numbers are similarly favourable for Beyer's current proposal in the Dallas-Ft. Worth area: A complex of 381 apartments featuring target annual return of 15-to-20 per cent with quarterly positive cash-flow, for a total ROI of 75 per cent to 100 per cent in about five years.
More information is accessible at the website (www.prestprop.com' target='_new'>www.prestprop.com).
It supplies the latest economic news and data from Saskatchewan and Texas, as well as details that amplify and explain Beyer's robust enthusiasm for business prospects in the two regions.
Examples: Texas enjoys a strong job market as well as an annual immigration rate of approximately two per cent. "But things look particularly strong for the rental markets. Lending requirements are being tightened in the U.S. and fewer people are able to have the ability to purchase their homes," Beyer says.
"We believe many of these people will turn to rental accommodation," he continues. "Meanwhile, the U.S. housing sales market has gone flat. It no longer makes sense for people to speculate on property they may lose money on. Our data leads us to believe these people will also decide to rent."
Prestigious Properties expends great effort on due diligence, carefully and methodically identifying potential assets able to combine positive cash flow with equity growth. Apartment or townhouse complexes full of renters tend to match this profile beautifully.
Because as Beyer points out, the more rental units in the building, the greater the cash flow - even after taking care of ongoing expenses such as taxes, mortgage payments and rental management fees.
Beyer believes mature investors may be kidding themselves if they believe they can retire off a stock-market-based investment, such as a mutual fund. They'd be wiser to put their money into a safe, inflation-proof REAL estate investment that makes money as you sit back and watch its value appreciate.
By the way, Beyer has learned the real estate business from the ground up. An award-winning Christian businessman with a glowing track record, he urges you to get smart and profit from all his research, experience and hard work.
So join hands with a well-respected team that has repeatedly demonstrated an ability to win.
Check out the informative Prestigious Properties website today at www.prestprop.com' target='_new'>www.prestprop.com.
Then contact the company directly via telephone: 877.434.4345 or email: investor@prestprop.com.
