Impact Investments

Impact Investments

Welcome to Impact Investments!

Photos from Impact Investments's post 16/03/2023

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To calculate ROI (Return on Investment) in real estate, follow these steps:
1. Determine the total cost of the investment: This includes the purchase price of the property, closing costs, repairs, renovations, and any other expenses associated with the purchase.
2. Determine the annual rental income: This is the total amount of rent you expect to receive each year from the property.
3. Calculate the annual operating expenses: This includes property taxes, insurance, maintenance costs, property management fees, and any other expenses associated with owning and operating the property.
4. Subtract the annual operating expenses from the annual rental income to get the net operating income (NOI).
5. Divide the NOI by the total cost of the investment to get the ROI. Multiply the result by 100 to express the ROI as a percentage.
Here's the formula:
ROI = (Annual Rental Income - Annual Operating Expenses) / Total Cost of Investment x 100
For example, let's say you purchased a property for $300,000, and you expect to receive $24,000 in annual rental income. Your annual operating expenses, including property taxes, insurance, and maintenance costs, are $6,000.
ROI = ($24,000 - $6,000) / $300,000 x 100 = 6%
Therefore, your ROI for this investment is 6%.

Photos from Impact Investments's post 10/03/2023

Real Estate Wholesaling.. what is it and how does it work? πŸ˜οΈπŸ’°πŸ‘‡πŸΌ

Real estate wholesaling is a popular investment strategy in the real estate industry. It involves finding a motivated seller who is willing to sell their property below market value and then assigning the contract to an end buyer for a profit. This can be a lucrative opportunity for investors who have limited capital but want to get into the real estate market.
Here's how it works:
First, a wholesaler finds a distressed property that is in need of repairs or has other issues that make it difficult to sell on the open market. The wholesaler negotiates a contract with the seller to purchase the property at a price significantly below market value.
Next, the wholesaler markets the property to potential buyers, often other investors or rehabbers, who are interested in buying the property at a discount. The wholesaler assigns the contract to the buyer, usually for a fee, and the buyer takes over the contract to close on the property.
The wholesaler's profit comes from the difference between the contracted purchase price and the price at which the end buyer closes on the property. This can be a significant amount, especially if the wholesaler is able to find a deeply discounted property and negotiate a good deal with the end buyer.
Wholesaling can be a great way for real estate investors to get started in the industry, but it requires a lot of hard work, networking, and market research to be successful. It's important to have a good understanding of local real estate markets, as well as the legal and financial aspects of real estate transactions.
Overall, real estate wholesaling can be a profitable investment strategy for those willing to put in the time and effort to find the right properties and buyers. If you're interested in getting started in real estate investing, wholesaling might be a good place to start.

Photos from Impact Investments's post 05/03/2023

Why should you hire a good property manager? πŸ˜οΈπŸ’°

Investing in real estate can be an excellent way to build wealth and generate passive income. However, managing real estate investments can be a complex and time-consuming process. That's why it's important to hire a good property manager to look after your properties.
A property manager is a professional who specializes in managing real estate properties on behalf of their owners. They are responsible for everything from finding and screening tenants to handling maintenance and repairs.
One of the most significant benefits of hiring a property manager is that they can save you time and stress. Managing rental properties requires a lot of time and attention to detail. By hiring a property manager, you can free up your time and focus on other aspects of your life.
Another key benefit of hiring a property manager is that they can help you maximize your profits. A good property manager will work to keep your properties occupied with reliable tenants, ensure that rent is collected on time, and handle any maintenance issues promptly and efficiently. This can help you avoid costly vacancies and ensure that your properties are generating maximum income.
A property manager can also help you navigate the complex legal and regulatory landscape of real estate investing. They can help you stay in compliance with local laws and regulations, handle tenant disputes and evictions, and ensure that your properties are up to code.
In summary, hiring a good property manager is a smart investment for anyone looking to build wealth through real estate. By taking care of the day-to-day management of your properties, they can help you save time, reduce stress, and maximize your profits. If you're considering investing in real estate, be sure to consider hiring a property manager to help you achieve your goals.

03/03/2023

Mortgage Assumption! πŸ˜οΈπŸ’°

Photos from Impact Investments's post 28/02/2023

ChatGPT is an AI language model that generates human-like responses to natural language prompts. It's part of the GPT family and has been fine-tuned for conversation. It's used for chatbots, customer service, and language translation.

🏑 Analyze real estate trends and predict market changes
🏠 Generate ideas for property improvements and renovations
🏘️ Create compelling property descriptions and marketing copy
🏒 Answer common questions from buyers and sellers

🧠 Don’t forget to get creative with what you input!
Artificial Intelligence is the future, learn how to use it to your advantage!

Photos from Impact Investments's post 25/02/2023

What is OPM? πŸ˜οΈπŸ’°

23/02/2023

Albertas real estate market 2022/2023 🏘️

07/02/2023

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04/02/2023

Being a landlord in Alberta Vs. Ontario πŸ˜οΈπŸ’°

Photos from Impact Investments's post 04/02/2023

5 Reasons to Invest In Multifamily. πŸ˜οΈπŸ’°

28/01/2023

Real estate quote of the day! πŸ˜οΈπŸ’°

Photos from Impact Investments's post 26/01/2023

How to calculate NOI (Net Operating Income)
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25/01/2023

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Photos from Impact Investments's post 23/01/2023

What is a VTB, and how does it work? πŸ˜οΈπŸ’°

Photos from Impact Investments's post 22/01/2023

Credit, don’t be scared of it! Use it to your advantage and invest in assets that make you money! πŸ˜οΈπŸ’°

Photos from Impact Investments's post 21/01/2023

Neighborhood classifications! πŸ˜οΈπŸ’°

20/01/2023

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Photos from Impact Investments's post 19/01/2023

4 tips on finding deals on MLS! πŸ˜οΈπŸ’°

Photos from Impact Investments's post 17/01/2023

5 creative financing ideas! πŸ˜οΈπŸ’°

Photos from Impact Investments's post 16/01/2023

What is the β€œBRRRR” method? πŸ˜οΈπŸ’°

Photos from Impact Investments's post 15/01/2023

"Explore the many benefits of investing in Alberta's booming real estate market! From affordable prices to a strong economy, there's never been a better time to invest.

13/01/2023

Building a portfolio one property at a time! πŸ˜οΈπŸ’°.

22/12/2022

If you're considering investing in real estate, you may be wondering whether multifamily properties are the right choice for you. These properties, which can include apartment buildings, duplexes, triplexes, and fourplexes, offer a range of benefits for investors.

One of the main benefits of multifamily real estate is the potential for higher returns on investment. Because multifamily properties have multiple units, they can generate multiple streams of income. This can lead to higher returns compared to single-family homes, which only generate income from one unit.

Multifamily properties also offer economies of scale, which means that they can be more cost-effective to operate and maintain. For example, it may be cheaper to hire one property manager to oversee a multifamily property with 50 units than it would be to hire 50 property managers to oversee 50 single-family homes.

Another benefit of multifamily real estate is the potential for passive income. If you hire a property management company to handle the day-to-day management of your multifamily property, you can potentially earn passive income from your investment. This can be especially appealing for investors who want to generate income without having to actively manage the property themselves.

Multifamily properties can also be a good option for investors who want to diversify their portfolio. By investing in a multifamily property, you can potentially reduce the risk associated with investing in a single-family home, which may be subject to market fluctuations.

Overall, multifamily real estate can be a lucrative and rewarding investment for those who are willing to do the research and due diligence. By considering the benefits outlined above, you can decide if a multifamily property is the right fit for your investment goals.

19/12/2022

Welcome to Impact Investments!

Just wanna take a moment to introduce myself, my name is Brandon Peddle, I’m the owner/operator of Impact Investments. Impact Investments is a Real Estate Investment company specializing in multifamily/commercial real estate! I am from Newfoundland, and moved to Alberta in 2013 to start my career as an electrician, after spending almost 10 years as an electrician working across Alberta, I’ve recently found a new passion for real estate that’s given me a new drive and determination to create an amazing future for myself.

Welcome to my journey!

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Building a portfolio one property at a time! πŸ˜οΈπŸ’°. #realestate #realestateinvesting #investing #multifamily #multifamilyi...

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