Looking Forward on Investment Opportunities

In 2018, I purchased a few of pre-build condos that will be completed next year. I simply purchased them with the optimistic hope that in 3 years’ time the market will stay strong and improve the value, which to this point it has appeared to do so. I look back at properties that I owned, and ones that I sold, and cringe when I see the sale price, as I should have fought harder to keep these properties in my portfolio. But the problem with looking back at your triumphs and failures is those opportunities are now gone.

So, I am going to start my 2021 thinking about how I am going to improve my situation for 2022 and the years to follow. It is easy to get caught up in the excitement of a hot seller’s market, but in my opinion, I believe this excitement is warranted and I myself will be looking for opportunities to acquire properties as I can. With the number of changes we have seen in all factions of the world in these past 12 months, we now understand that things change quite quickly.

For those who are looking to offload some properties in the near future, I believe the timing is going to be very important. There are a number of factors that are contributing to this current market and those should all be taken into consideration as a seller. As always, I am happy to “talk real estate”, so don’t hesitate to reach out with any questions.

– Nick