Start your Real Estate Investing Young
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Transcript of Start your Real Estate Investing Young
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Start
Young
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Real Estate is a
Long Term
Wealth Building Tool
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Five Years Per Property
www.chrisdavies.caDon’t start crying
www.chrisdavies.caIt won’t work on me
www.chrisdavies.caGo try your mother
www.chrisdavies.caWe’re here for 5 years
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or
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At least
30% appreciation
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So why
Start Young?
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2008 2013
$50,000 Goes In
$100,000 Comes Out
Usually
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$50,000 In
$100,000 Out
2008
2013
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Which is the same as:
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$50,000 In
$50,000 Out $50,000 Out
2008
2013
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Did that make sense?
($100,000 = $50,000+$50,000)
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Good.
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Now Repeat
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$50,000
$50,000 $50,000
$50,000 $50,000 $50,000 $50,000
2008
2013
2018
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$50,000
$50,000 $50,000
$50,000 $50,000 $50,000 $50,000
2008
2013
2018
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2018
Where will you be in 10 years?
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$50,000
$50,000 $50,000
$50,000 $50,000 $50,000 $50,000
$100,000 $100,000 $100,000 $100,000
2008
2013
2018
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$50,000
$50,000 $50,000
$50,000 $50,000 $50,000 $50,000
$100,000 $100,000 $100,000 $100,000
2008
2013
2018
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2018
With $400,000 Cash
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2018
And you’ll still have 7 properties that cash-flow
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Rocky Mountains?
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Sailing in Scotland?
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The Vatican Museums?
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The Key is:
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Cash Flow
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So you make it through whatever happens
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Until the Market does this
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Until the Market does this
Which seldom takes more than:
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Five Years
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So Start Now!
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Really
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Because now you’re just clicking for the heck of it
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Perhaps to see where I’ll put this text next
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Mayb
e
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And you’re looking at the wee numbers in the bottom right to see just how long I can go on.
Maybe there’s an Easter Egg hiding at the end.
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Or you’re waiting for me to sell you something
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I did make Jell-O yesterday
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And you can have some if you want
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But I don’t have a house to sell you
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And I’m not really after your money
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But I do try to help other become successful
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By writing about my experiences
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And providing tips, tools, and commentary on stuff
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All related to the Canadian Real Estate Market
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All related to the Canadian Real Estate Market
Alberta
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All related to the Canadian Real Estate Market
AlbertaEdmonton
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