Hanging chandeliers has got to be one of the all-time worst house projects to do!
It is in my life anyway.
That's Nick helping out an electrician we hired to hang this light from a high ceiling at the vacation home we purchased up in Blue Mountain.
See that ladder next to Nick?
It's actually sitting on a wooden structure the electrician built in that room because the 16' ladder plus the 6'4" electrician was still too short to reach the ceiling.
I was then standing at the wooden base using my body weight to ensure it didn't all flip over on them.
The joys of home ownership!!
Anyway, of course we're super grateful to have the place and the whole family has been loving the place.
My in-laws live a few doors down so we have built-in local grass cutting and snow removal services, it's perfect! LOL!!
Before we get to the brand new Florida Vlog we just released, some local Ontario updates for you...
The Rock Star team working with investors is suddenly hitting multiple offers all over the place.
Barrie, London, Hamilton, Kitchener, and St. Catharines were all getting multiple offers over the last week.
This is new.
2-3 months ago we weren't seeing anything like this.
We're not 100% sure if the rate pause is giving people certainty and this is just a bit of pent up demand.
Or is it a new wave of demand that will only intensify into the Spring market?
We should know with some certainty within the next 2-3 weeks.
What we can tell you is that owning a single family home in Ontario is going to be like owning a unicorn.
A fairy tale.
There is absolutely no supply and it doesn't look like there's no new supply incoming either.
Check out these two new charts from our friend, Ben Rabidoux:
Demand is up.
Resale supply isn't great by the way.
And building permits are at the lowest level they've been at since the 1980s!!
We've said this for a long, long time now.
Owning a good single family home property in the GTA and Golden Horseshoe will be out of reach for most people by the end of this decade, if not much sooner.
This is the last decent chance to own good property.
Sounds crazy, we know.
And as we enter a modern feudal era (more on that another time)...we believe it's more important than ever to own good property.
The quality of your financial future will be directly connected to the quality of income property and assets you own.
Salaries or income alone aren't going to be enough to allow you to live life on your terms.
That ship has sailed.
Young adults going to university and college now, and not understanding this, will unfortunately be in for a rude awakening.
We're not being negative here...we're being real.
There are always opportunities to "get ahead" and live life on your terms as long as you clearly understand the state of things and the rules of the money game.
This is all part of the reason we're opening up Florida as a new market to Rock Star investors.
We like options, no single point of failure! LOL.
It took us forever to find a good, complete team in Florida who "purpose builds" brand new single family rentals, duplex and quads and offers built-in property management.
We have shared a few videos touring the properties, and now the team at Rock Star put together a "behind the scenes" video of the whole trip.
You'll hear from the builder, the property manager and see some of the stuff we did "after hours".
You can check it out by clicking the image...
Or you can click right here to view it.
The next Florida Fast Start Property Tour for Rock Star members will be announced shortly, sometime in April or May.
So if you're a member stay tuned for details to be released to you shortly!
Or reach out to the office now to express interest so we can keep you up to date!
That's it for this week, everyone!
Tom & Nick
p.s. Thanks to Cidney, Nigel, Anthony and Aidan on the team for putting the Florida vlog together...they all spent a lot of time taking and editing hours of video!! Click right here to check it out.