AVINTUS  Financial       Honesty and Professionalism

 

:: Investment Properties

oceanfront properties      

Ocean front properties throughout much of the world are scarce, and then available only at exorbitant prices. Properties along the New England coastline, for example, normally sell in the millions of dollars. Buying an oceanfront property in Europe is out of the question for all but the most wealthy.

The Maritime Provinces, on Canada’s East coast, on the other hand, still has clean, fresh and unspoiled acreages with unmatched beauty, that do not take a

fortune to own. You can buy vacant land, for a relative “song,” and build yourdream home to retire in, or to sell back into the market later on. One thing isfor certain, they are not making any more oceanfront land, and it doesn’t take a genius that most of it will be worth a lot more in the future than it is now.

Why consider the Maritimes?

Many people do not realize how accessible Canada’s Maritime Provinces are nowadays. Regular flights in and out of Halifax’s International airport, in Nova Scotia, get you into many of the major centers throughout North America and even many European cities. For example there are direct, regular flights to Boston, Detroit, New York and more. It is Canada’s 7th busiest airport.

The south-shore of Nova Scotia offers a surprisingly mild climate, that is tempered by the warm flow of the Gulf Stream off its coast. The winters, of course, can be cold and unpredictable, however, the summers are wonderful with cool ocean breezes to keep you comfortable. Certainly, not what most people think of, when they think of Canada.

To learn more about the Maritime region and what it has to offer visit the sites below.

Of course, oceanfront properties that are closer and more developed near Halifax already cost a lot more. Still, relatively speaking, they are cheap. If you are prepared to travel by car from the airport a little further, the opportunities and value increase exponentially! It depends on what you want, and that is where an Avintus specialist can help.

Knowing the market will be a key determinant on the success you have, if you decide to invest in an Oceanfront property. Our specialists know the market and can help you find what you need to meet your goals. We sometimes negotiate a purchase and then assign that purchase contract to our clients for a fee.

You may ask, why not use a Real Estate agent? Certainly a good real estate agent will be of great assistance in helping you find a property. Our approach is a little different: we only assign properties that we would be prepared to own ourselves. In other words, we are motivated to negotiate the best deal possible, because we plan to own any property we negotiate a deal on. Our strategy is to “fish” for the best deals by placing multiple offers. We aim to find those sellers that are the most flexible on price or terms.

If obtaining a great deal on an Oceanfront property on Canada’s East Coast interests you, you can all us at our toll free number 1-866-993-4313, and leave us some information about what you may be interested in.

STUDENT RENTALS

Today’s education costs seem to increase every year, as does the need for a quality education to ensure a solid future. Today’s youth often face huge personal debt, as another obstacle to overcome once they graduate only to be paid off by low paying entry level jobs or even sometimes questionable prospects in their chosen field. Often today’s University and College graduates end up being supported to some degree by their parents for several years beyond their graduation, due to the circumstances of the market and today’s competitive work force.

One creative way to help finance the high cost of today’s education, is to purchase a “student rental” that can be managed by your son or daughter while they attend school. The high cost of insurance for these types of properties can be managed because a family member lives in the home, and with mortgage insurance, such as CHMC, you can buy a property with little or even no money down.

What are the benefits of owning a student rental?

Your son or daughter can learn a valuable life skill and manage the property while they study. And by buying the right property, with little or no money down, you or your son/daughter can write off the interest on the mortgage, collect a positive cash flow, build your equity and even capture some market appreciation over the time of their study.

Our specialists, can help you find a property that meets your needs, and keep you out of trouble. This is not a move you should consider unless you know the market, the costs of managing the property and what it will take to be successful.

What can Avintus Financial do for you?

Avintus can help you in three ways:

  • By providing an independent analysis of a prospective property you think may be worthwhile,

  • By assigning the rights to purchase contracts we have negotiated on prospective properties,

  • By helping you structure the deal so that you can reduce, or sometimes, even eliminate any tax you might otherwise pay on the income and any capital gain on the sale.

You may ask, why not just get a real estate agent to locate a good property for you. By all means, this is a great option when you get the right agent, that is dedicated to work on your behalf. However, with our approach, we negotiate deals on properties we would buy ourselves, and rent as “student rentals,” and are not trying to simply collect a commission on a sale. We only assign properties that we are prepared to own ourselves. For this reason, we are motivated to negotiate the best deal possible. However, by knowing what you may be interested in an assignment of the rights our negotiated contract, we are keeping our options open, which can be a good business plan for both of us.

Our strategy is to “fish” for the best deals by placing multiple offers. We aim to find those sellers that are the most flexible on price or terms.

For assigned properties we provide a complete guide to managing the property, cash flow analysis, rent survey, independent inspection report, an accredited appraisal and free consultations for the first year, to help your son/daughter manage “the business.” We make it easy for you to be successful.

Email us at info@avintus.com for more information on our program and how it may fit in with your long-term financial goals. Let us know what you are looking for, and we will call you to talk further about the prospects with no obligation.

RENTAL PROPERTIES

One of the primary businesses of Avintus Financial is in the management of rental/income properties. We own and manage our own properties, and therefore, through our experience, know many of the challenges and pitfalls that many investors make when purchasing an income property. The first and often most critical challenge is in the initial analysis of the property. Inadequate determination of ALL the costs can blindside you down the road. It takes a lot more than getting some local comparables to see what similar properties have sold for recently.

The second major challenge is underestimating the time and effort it takes to manage a property well. If poorly managed, vacancies increase, repairs and maintenance costs increase, and your return on investment is affected. It is critical to properly screen your tenants, and to keep you property in good repair so that good tenants, those that pay their rent on time, take pride in the place they live and want to stay over the long-term. This will attract others to your property when vacancies do arise.

Avintus helps the inexperienced quickly become experienced in two primary ways:

  • Provide a complete independent analysis of a prospective property. We provide a complete review of the potential income of the property, with numerous mechanisms to verify its potential under the local market conditions. We will identify all the issues we find, and provide that information in a comprehensive report. We qualify the report with a final recommendation based on whether we would buy the property ourselves...or not.

  • Assignment of negotiated contracts. We will negotiate a purchase and sale agreement, based on our experience, and assign the rights to you prior to close. We only negotiate on properties we are prepared to own, so you know that you will get the best deal possible. Whether you decide to accept the assignment will be up to you. Our strategy is to “fish” for the best deals by placing multiple offers. We aim to find those sellers that are the most flexible on price or terms.

For more information email us at info@avintus.com.

 

 

 

 

Mortgage Calculator

Real Estate News

Business and Financial News

Personal Finance News

Financial Planning News

Taxation News

Insurance News

 

 iPowerWeb

 

Copyright 2004: Avintus Financial