My Journey - Investing In Toronto Condos - How I Turned $39,300 into $1,000,000

My Journey - Investing In Toronto Condos - How I Turned $39,300 into $1,000,000 

My Name is Alexjwilson.com and I am a very successful Realtor in Toronto. What you may not know is that I have been EVEN MORE successful in my Real Estate Investing Career. I have done this by investing in pre-construction condos. I want to take you on my journey on how I am turning an initial investment of $39,300 into $1 Million Dollars. Our videos will show you how I invest in Toronto Condos and how can you start your journey to building financial freedom by investing in Toronto Condos.

Found 13 blog entries about My Journey - Investing In Toronto Condos - How I Turned $39,300 into $1,000,000 .

 

I am going to perform a magic trick - I can turn 1 Toronto condo into 3 Toronto condos and $500,000 worth of Real Estate Equity in 5 Years. 

Really......I can. 

Click read more and watch the video above to see how it is done. 

Here is the greatest part of this magic trick. It is not a trick at all - IT IS REAL AND YOU CAN DO IT TOO. 

Sign up below for your portfolio review and I wll show you how we can do this with your existing real estate assests. 

Let's start your journey to $1,000,000 in Real Estate Equity. 

 

 

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Alexjwilson.com presents his 5 predictions for the Toronto Condo market in 2018:

1) Resale Sales on TREB will hit 100,000 units. 

Resale Sales on TREB will hit 100,000 units – up 10% from 2017. We expect a normal volume after last year’s boom and bust market. Our forecast is based on the fact that there are lots of buyers waiting for the market to settle down and for more listing product.

2) The ‘Sweet Spot” in the GTA will be properties located in the 416 area between $500,000 and One Million.

The ‘Sweet Spot” in the GTA will be properties located in the 416 area between $500,000 and $1,000,000. There is a shortage of listings in this market area and most millennials want to live there and can afford these prices. There will be an

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What performed better over the last 5 years. Apple Stock or the average Downtown Toronto Condo?

Watch the full video above to get the breakdown. 

To mark the launch of the Iphone X we look at what performed better - Apple Stock or the Average Downtown Toronto Condo. 

The winner is the Average Toronto Downtown Condo by using leveraged returns AKA putting a mortgage on the property. 

When purchasing a condo as an investor you are not going to purchase the property all in cash - you are going to get a mortgage on the property and put 20% of the purchase price down. 

APPLE Stock VS Toronto Downtown Condo

5 Year Return 

Date

Price

Apple Stock

Oct. 26, 2012

$77.96*

Apple

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BREAKING NEWS - The sky did not fall and condo prices did not go down in September 2017 - they went up.

We ran the numbers:

The average price of a downtown Toronto condo was up 2.07% in from August 2017 ($614,671) to September 2017 ($627,393).

The average price of a downtown Toronto condo was up 20.63% from September 2016 ($520,089) to September 2017 ($615,734).

Watch the above video to get an in-depth look at the statistics and how your return would be 89.97 % on your total investment dollars.

If you want to start your journey to $1 Million dollars and plan your road map reach out to us and we can teach you how. Either email us contact@alexjwilson.com or call 416-996-5181.

I want to help you retire early and build generational wealth.

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Alexjwilson.com Presents: Episode #9 - My journey from $39,300 to $1,000,000 by investing in Toronto Condos.

FAKE NEWS - When you read the headlines - The Greater Toronto Area Real Estate Market has dropped 35% it can be unnerving but I can assure you that this is not the case with the Toronto condo market.

We ran the numbers:

The average price of a downtown Toronto condo was up 18.4% in August 2017 ($614,671) from August 2016 ($501,566).

The average price of a downtown Toronto condo in August 2017 ($614,671) was basically the same as May 2017 ($615,734).

Watch the above video to get an in-depth look at the statistics. Learn what is really going on and why we see prices INCREASING this Fall.

If you want to start your journey to $1 Million

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Alexjwilson.com Presents: Episode #8 - My journey from $39,300 to $1,000,000 by investing in Toronto Condos.

There has never been a better time to be a condo investor. 

- Rents are up 10-30% year over year.

- The condo market is poised to continue to grow as it is the affordable option for buyers. 

There are 17 projects launching this fall and we have narrowed them down to our Top 4 Picks. Watch the video above for a more in-depth discussion. 

NOTE: The projects are expected to launch end of September to beginning of October. If interested do not wait - fill out the form below to reserve your spot. 

1) The Kingly - this is a new project going up at King and Portland. Extremely good rents in this area. This building is going to be

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Alexjwilson.com Presents: Episode #7 - My journey from $39,300 to $1,000,000 by investing in Toronto Condos. In previous episodes we have discussed:

- The fundamentals of the Toronto Condo Market and why we believe in it.
- We have discussed current market conditions and why we believe prices will still go up.
- We have given you the road map on how you can grow your own portfolio to over $1,000,000.
Today we discuss THE WHY. We get into the details on why you need to do this. We are not doing this to get rich, we are doing this to set ourselves up for the future. When watching this episode ask yourself where you want to be in 5, 10, 15, 20 years time.

We also discuss my 'whys'. If you are going to go on this journey with me I want you to know

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We have a very exciting episode today, because today I’m going to show you the road map on how to turn your initial down payment into $1,000,000 by investing in condos in downtown Toronto.

Previously, we have talked about how your principal residence has gone up in value. That’s fantastic, but the only way to unlock that value is if you sell. Since you also need to live somewhere, selling is not an option. So how can we tap in that equity?  Well, what we can do is go to the bank. We will talk to a banker who will send an appraiser to the property to give an appraisal of its current market value. The appraiser will also unlock the equity on property through a home equity line of credit.

Now, what we do with the home equity line of credit is

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Hello all. Welcome to alexjwilson.com and Episode number 5 on my journey on how I’m turning $39,300 into $1 million dollars. Today I’m going to talk about rent control. Recently we had the announcement about rent controls being implemented in Ontario.

I received a lot of questions from individuals:

“Alex, how is this going to impact your buying? What should I do?”

My response:

“This is great, buy more,”

Their response:

“This seem very counterintuitive. Buy more? But I can’t raise my rents.”

Well, with rent controls your current rental properties are locked in at set rate. Tenants do not have any incentive in the short to medium term to move. This means they’ll stay in the property longer because if they move their rent

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Welcome back to Alexjwilson.com and episode 4 of my journey of growing $39,300 into a million dollars. Last week, we talked about the fundamentals of the Toronto real estate market and why it’s poised for long-term growth. I talked about this last week, because I wanted to set us up today to talk about my reactions to the Ontario’s Fair Housing Plan and it’s impacts on the market.

First: 15% Foreign Buyer Tax:

The foreign buyer, as defined by the act, is someone who does not have Permanent Residence/Landed status or is not a Canadian citizen. It doesn’t apply to non-residents who are Canadian Citizens. If you’re living in another country and are a Canadian citizen, it does not apply to you.

Other exceptions include:

  • if you are a
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