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Beware of Real Estate Experts

​Headlines: Bank of Canada interest rate pause could force landlords to sell properties: experts

Beware of real estate experts ad news headlines

What a crock of BS! I know I may ruffle a few feathers here; reality can be brutal.

In this article, ​Bank of Canada’s interest rate pause could force landlords to sell properties: experts in CTV News, I am not criticizing the experts; I am criticizing the real reason why landlords may have to sell; they were not true investors!

A true investor invests for the future and especially in real estate, time is an asset. When interest rates were low and real estate prices rising, the imaginary gold rush started. History does not repeat itself, humans do. Basing an income properties’ valuation on interest rates and cash flow is like being at a buffet table 10 minutes after closing.

Sure, the current interest rates are inflicting some financial discomfort for some borrowers, yet for borrowers with appreciating assets, ride the wave and attract qualified five star tenants, and be thankful you are not an amateur investor!

Rising Interest rates are a symptom that may force landlords to sell, not the cause!

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Ty Lacroix

"Not All Realtors Are The Same"! This website and content are for you and are designed and constantly upgraded with the latest real estate trends, how-to’s and what is for sale on MLS. All the so-called Gurus of marketing and branding say a Realtor and their Brokerage should have a bio to let people know about them. I have always felt bios were boasting, bragging, or trying to impress readers; I’ve always felt that our actions and results should impress and not be all talk and no action! As they say in Texas:” All hat and no cattle”! So here goes: We are a small brokerage by choice. Our primary focus is guiding home buyers and sellers to make good decisions. We believe selling real estate is a process, not an event or knee-jerk reaction; we sleep well at night and ensure our clients do as well! We are not for everybody, nor can we please everybody, nor do we tell people what they want to hear; I know that may be old-fashioned and boring but we are dealing with hundreds of your hard-earned money. Would you rather be happy, excited and bored or unhappy, excited and make a poor choice? About Ty Founder & Owner, & Broker of Record of Sutton Group Envelope Real Estate Inc., That's all I can say about me! You see, this is about you, not me; you do not want to hear blah blah stuff about awards, designations, or that we walk older adults across the street (I used to help old ladies cross the street, but as I got older I did not want my wife to think I was flirting) the reincarnation of Mother Teresa, walk on water or anything else to impress you. We let the numbers speak for themselves; success leaves clues!

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