Oz Buzz

“Only dull people are brilliant at breakfast.” 

–Oscar Wilde, An Ideal Husband

Today’s Issue:

  • 8 HOT PROPERTIES
  • E.g. Richmond SF $850,000, 4 cashflow deals
  • RETIREMENT HAVENS
  • OZZIE FORECASTS THE FUTURE
  • VANCOUVER DOWNTURN OVER?
  • FABULOUS NEW PODCASTS

LATEST OZ BUZZ PODCASTS

Dave SteeleOzzie Jurock talks to Dave Steele, CEO of Western Canadian Properties Group wcpg.ca Warren Buffett says “Be fearful when others are greedy and greedy only when others are fearful”. Easier said than done. Today in British Columbia, real estate investors are uncertain and many are frozen at a time when they should be taking action. Dave Steele is the CEO of Western Canadian Properties Group, a development firm focused on developing multi-family projects in the top high growth markets in North America. Over the past 30 years, Dave and his team have helped over 12,000 investors acquire more than $2.0 billion worth of cash flowing investment properties. Today WCPG is developing projects in some of the top markets in British Columbia Including Fort St. John, Dawson Creek, Surrey and Victoria.

Listen to the Podcast! (And don’t forget to leave us a review!)

Olga RickardsOlga Rickards is a best-selling author, regular guest speaker on positive psychology at the University of British Columbia, and coach to high achievers. Olga’s clients include multi-millionaire entrepreneurs and executives running mutli-billion dollar companies. Olga helps achievers become more successful, happier and enjoy pursuits that deeply enrich their lives. Using her proven yet unconventional system, Olga helps her clients remove inner blocks that silently sabotage their potential, and rewire the brain for more confidence and inner peace, even when they sleep. Meet Olga at OlgaRickards.com

Listen to the Podcast! (And don’t forget to leave us a review!)

COMMENTS, QUESTIONS & MORE

Comments: 

  1. We have now received over 300 Land Rush audio USB orders & my investor audio USBs (my two books and 25 money making principles on one USB) – Oz Buzz thanks you! All of them have already been mailed out. If you have not received your order by Friday, May 24th– please let us know at info@ozbuzz.ca and we will look into it right away.
  2. Several requests for separating the Oz Buzz Mover & Shakers Podcast and the Oz Buzz blog (this one). We are working on an easier navigation of our website (thanks for your input, any and all suggestions are most welcome).
  3. Oh boy, we made a big mistake! We let you know we had the Landrush list of 80+ properties under $100,000 available and over 800 of you have asked! All sent.
  4. Oh, my goodness, you really don’t like the extra fees on luggage either! Of all the responses I have received since our Oz Buzz’ inception, these responses have been the most passionate. 
    One subscriber writes: “… having said all that, what can we do about it? We are helpless. You say why do they do that? Because we let them! OK… but how to fight?” The answer is, as always, not easy. The TV stations that now run banner AD commercials thru our movies or run their commercials much louder than their program and the excessive parking penalties levied by private parking companies …or the excess baggage or missed flight fees…they are bigger, organized, stronger. As are small groups of protesters for this and that – they are heard because they act together, stronger. The middle class, you and I, are busy working and they act together – we don’t. The only way to fight excessive luggage fees, no ride sharing, the power of parking company charging you $120 for a $5 parking ticket that expired, etc. etc. is this:

Let’s agree for one week not to fly West Jet, then another week not to fly Air Canada – changes would come rapidly. Let’s for one week not buy gas at Shell, the next at Chevron. Secondly have a mass walk out all throughout Vancouver until we get Uber, etc., etc. but who has the time to organize, to be vilified and so in the end we must bear it … but not grin.

Q: You said sell in May and then go away and the market went down – now what?
A: The market recovered right away too and again “I am not a stock market advisor” – but if I were – the number 1 thing I would do is “WATCH LIQUIDITY”.

Q: The more I read and hear about your ‘most unreported inflation of all times’ the more I see it everywhere: gas prices, rents, all food, restaurants, parking…everywhere.
A: Yep!

Q: We are contemplating selling or waiting for Vancouver’s market to recover. How is Vancouver in relation to past markets or other jurisdictions that were in a downturn?
A: Vancouver has experienced major downturns in 1974, 1978, 1981 – 1984 (16% interest rates), 1989, 1993 (13.5% mortgage), 1998, 2008. It recovered from all of them. Other markets? Toronto had a 16% sales increase, Montreal ditto (prices up 7% and volume 15%). Ottawa seems to be even reversing Canada’s declining home price trend by “experiencing its biggest boom in almost a decade,” according to The Globe and Mail increasing price by 8% in March.

Q: You said in the last Oz Buzz that you would highlight some forecasts from Land Rush – I haven’t seen them yet?
A: Here are some astounding predictions from me from the Land Rush conference.


These retirements countries have large expat populations, and some give you the ‘golden visa’: Buy a house/condo and get a passport.



We have recommended most of these for 9 years…still do.



Some thoughts: Next day delivery need downtown warehouse space. 140,000 students need rentals, 2nd largest movie producer needs studio space. Investors rejoice.



Deal of a lifetime always comes in downturns. Oh, and remember: “you don’t get what you deserve – you get what you negotiate!”



Does not apply to all. But with some 50 projects on hold … it may apply to you!



The future is here today!

HOT PROPERTY 

  1. LEAST EXPENSIVE ACREAGE (with a suite) in Greater Victoria
    5 bed, 4 bath 3,050 sq./ft finished space 1,225 sq./ft detached workshop
    800 sq./ft self-contained cottage on 2.33 acres. Sauna with an outside shower $969,000
  2. CHEAPEST in ALDERGROVE 
    3 Bed, 1,550 sq./ft house with a 2-level detached 10×10 shop. NO STRATA, stainless steel appliances, designer kitchen, stylish countertops and backsplash. Rental approx. $2200-$2300.
    $549,900 Next best-priced home is $649,900.00
  3. LANGLEY 
    3608 sq./ft home on a 22,730 sq./ft lot in Langley – Add a side suite for mom and dad
    Original farmhouse with tons of character with a newer 2 level addition.  Large 900 sq. ft detached shop. $970,000 priced $391,000 below tax assessment
  4. RICHMOND, 3 bdrm 2 bath $850,000 – great home, recently renovated
  5. KELOWNA, presale condo – zoned for short term rentals! 10% deposit, $10-$15k cashback at closing. Prices start in mid $300s.
  6. CHILLIWACK Fourplex – cash flowing $1000 monthly $799k
  7. ABBOTSFORD house with 2 suites – cash flowing $1000 monthly $498k
  8. CHILLIWACK condo unit – cash flowing $125 monthly $239k

AUDIOBOOK

You can buy both of Ozzie’s audio books at https://www.amazon.ca/s?k=ozzie+jurock
You can purchase Ozzie’s 25 Money Making Principles on USB and the complete Land Rush audio on USB by visiting https://jurock.com/shop/

WANT TO PARTICIPATE?

Go to www.realestatetalks.com – Some 2,500 members (47,009 posts) talk real estate. Ozzie created this bulletin board in 1998!
If you are in a real estate related industry of any sort (realtor, appraiser, lawyer, home inspector, etc.) list yourself in Ozzie’s free British Columbia real estate directory at www.bcred.ca. (12,566 visitors last month)

OZZIE’S YOUTUBE CHANNEL

You can watch all my videos and most of my podcasts on my YouTube channel at https://www.youtube.com/jurockvideo

RADIO

On air with Michael Campbell on fabulous MONEYTALKS every Saturday sometime between 8:30AM – 10 AM. The Hot Property that we discuss there, is available by subscribing to the Oz Buzz Dispatch at Jurock.com

HAVE A QUESTION OR COMMENT?

You can reach me at info@ozbuzz.ca with all of your questions, comments and concerns regarding the Oz Buzz publication.

LIVE LIFE LARGE

The best time to make changes
In my life was 5 years ago
The second-best time is today

I spend 15 minutes every day on
powerful, clear intentions

Focus. No Doubt. Clarity
I state what I want with passion
I will grow into my future best!

Look up all of Ozzie’s “Grow into your future best” cards at: www.commitperformmeasure.com

Oz Buzz Podcast

Disclaimer

Please note that any response to any email or any invitation to any meeting is accepted on the understanding that “Jurock Real Estate Insider (JREI)” or the “Jurock Case Real Estate Action Group (JCREAG)” as the case may be, are not responsible for any result or results of any action or actions taken in reliance upon any information contained in this posting or meeting, nor for any errors contained therein or presented thereat or omissions in relation thereto. It is further understood that the said JREI and JCREAG, as the case may be, do not, pursuant to this posting, purport to render legal, accounting, tax, financial, planning or other professional advice. The said JREI and JCREAG may or may not own properties discussed at meetings or receive or not receive referral fees at any meeting you may attend as a result of this posting or invitation. The said JREI and JCREAG, as the case may be, hereby disclaim all and any, liability to any person, whether a purchaser of any offering, a reader of any offering, or, otherwise, arising in respect of this postings and of the consequences of anything done or purported to be done by any such person in reliance, whether whole or partial, upon the whole or any part of the contents of this postings. If you respond to any posting JREI and JCREAG fully expect that you get independent legal/tax/investment/mortgage advice as the case may be.

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