Is Calgary the answer to investors’ income questions?
by David Kitai
Ryan Bond has run the gamut of the financial services industry. Once a financial advisor with a mind for public markets, he shifted into mortgages and real estate investing when he saw that the people building real wealth with their investments were doing it in property. He started offering a holistic service, connecting real estate investments to financial plans, and helping investors take full advantage of opportunities when they see them.
Natasha Phipps finds those opportunities. The Calgary real estate agent specializing in investment properties has built a reputation for finding investments that deliver consistent cash returns and equity growth for investors. Together, Phipps and Bond will be presenting at the upcoming CREW Investor Forum on November 4th about how the Calgary real estate market can build real wealth and, perhaps most importantly in this moment, generate real income in a way traditional income sources like bonds no longer can.
“With that’s going on in the markets, what’s happened to treasury yields, and all the money being printed around the world, the need for secure, passive income has never been greater,” Bond says.
In helping investors extract income from their portfolios, Bond takes a specific, targeted approach. He analyzes the portfolio asking how it fits into an investor’s wider financial goals. If the ‘foundations’ aren’t solid, he says, he works to make sure they’re set up correctly and can take advantage of historically low interest rates when opportunities present themselves.
Phipps says the opportunity for income is now, and in Calgary. That market has a unique combination of affordability, rental cashflow, and a legal-regulatory framework that’s great for landlords. In so much of the Canadian market, she says, price points are so high that rental income can barely cover the carrying costs of a mortgage, let alone generate real income. Calgary, especially in the suburbs, is well priced and enjoys a large base of higher-income renters able to pay consistent income to their landlords.
At the event on November 4th, Phipps will explain exactly where and when investors can take these opportunities for income in the Calgary market. Bond will talk through the how, explaining the ways an investor’s financial life can be integrated into their real estate plans and use a strategy they might have seen as a means to grow equity to deliver real income that they need now.
“I want attendees to leave our presentation feeling that it’s okay to look outside of their own backyard for investment opportunities,” Phipps says. “People often struggle with buying real estate, especially early on, and they want to be able to see the property. The trend right now, though, is that these investors have to look beyond their own towns and cities. We’re presenting at the forum to show investors that we have the team here to walk you through that process. Ryan is an incredible resource for planning your future and Calgary is a very attractive market for investors all across the country.”