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Recent content by DrewBetts

  1. DrewBetts

    GRANDE PRAIRIE: New in-depth research report

    QUOTE (housingrental @ Apr 2 2010, 09:11 AM) Sure Smitty not a problem. On "its really none of our business. " - I strongly disagree. If you have someone trying to get funds for an investment they run isn`t knowing why there out of business two years later something to discuss? Should there...
  2. DrewBetts

    The Ethical Investment System

    QUOTE (ThomasBeyer @ Nov 4 2009, 06:07 PM) You raise a number of good questions that one should ask .. but do YOU care to answer them yourself here for us to see ? It is beautifully written .. interesting that you note "track record" as one of your criteria .. and transparency .. yet your...
  3. DrewBetts

    The Ethical Investment System

    Thomas. Thanks for the question; I`m glad you asked. I think it would be somewhat remiss of me to post information like this without being willing, if not eager, to scrutinize our own firm. In fact, in development of the Ethical Investment System we took this stance and I feel it...
  4. DrewBetts

    The Ethical Investment System

    Hi everyone, I have something I`d like to share with you. The Ethical Investment System is an innovative due-diligence system that can be used to analyze any investment in real estate before you write a cheque. The knowledge that went into creating this system took 18 months, $100,000 of...
  5. DrewBetts

    Margins of Safety

    Target properties where you can create value. We`ve all been lucky in the last few years because the market has been doing all the work for us. The best investments still work, even when the market is going down. Build a strong relationship with your lender. When money is hard to find and...
  6. DrewBetts

    Rental market sizzles in the US

    http://www.usatoday.com/printedition/money...renters.art.htm
  7. DrewBetts

    Real estate in 2009 - Crisis or Opportunity?

    QUOTE (wealthyboomer @ Nov 1 2008, 12:19 AM) What`s your source for that?Robert Shiller, a Yale economist, tracked U.S. real estate markets between1890 and 2005 and found that home prices edged up a mere 0.4% a year in real terms over more than a century. Another study, by Dutch economist Piet...
  8. DrewBetts

    4-Plex vs. 12-Plex: shouldn`t CAP Rate be Significantly Different?

    CAP rates are driven by buyers` expectations of future returns and risk. If you take a building that is in an area that is poised for growth, or has an opportunity to condo convert or reno and generate quick value, the CAP rate should be lower because a buyer is willing to pay more for the same...
  9. DrewBetts

    Real estate in 2009 - Crisis or Opportunity?

    Hey folks, Below is an article I just wrote for our Investor Community newsletter. Thought you might be interested. Cheers! Real Estate in 2009 – Crisis or Opportunity? The question I’ve been asked most in the last month has been, “What impact do you think the financial crisis will have on...
  10. DrewBetts

    The secret to creating passive WEALTH in real estate...

    The secret to creating passive wealth in real estate is to leverage the time and experience of experts through smart partnerships. Since becoming REIN members, we have done 43 joint ventures, creating win-win, successful investments with our valued partners. We currently have an opportunity...
  11. DrewBetts

    GRANDE PRAIRIE: New in-depth research report

    We have now hosted the report permanently on our website. Here`s the link: http://www.evolveinvestmentgroup.com/downl...ortunity-report
  12. DrewBetts

    GRANDE PRAIRIE: New in-depth research report

    QUOTE (C2Ventures @ Oct 17 2008, 11:51 AM) Excellent information Drew! This is outstanding. Have you seen any updates to CMHC`s growth forecasts for 2009? Last I read it was around 3-4%...is this still accurate? Thanks! CMHC has had a poor track record of forecasting in Grande Prairie...
  13. DrewBetts

    GRANDE PRAIRIE: New in-depth research report

    Hi folks! We complete an annual report on Grande Prairie, Alberta. Data on this area can be quite difficult to find, so we dig and gather data from sources all over the place (including, of course, the REIN team!). The link below is to this year`s report, which we`ve just finished. It...
  14. DrewBetts

    Property Management questions

    QUOTE (brentdavies @ Sep 5 2008, 03:28 PM) Third option is to hire your friend as an employee, and does not require a licensce. Excellent addition Brent. Thanks for the info. One clarification to hiring your friend as an employee is that your company must have at least a 33 1/3 interest in...
  15. DrewBetts

    Property Management questions

    In reference to your question about hiring your friend to do management for you, I have some detailed information that I hope will help. This is from one of Barry McGuire`s tales from the trenches. CAN I MANAGE MY OWN REAL ESTATE PORTFOLIO? When private individuals and companies (or their...
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