If you manage assets for partners, they likely know you add significant value to their investment. It's reasonable for them to wonder what would happen if you were no longer around. Not long ago I actually sent this message to my partners... Subject: What Happens If I...
Investing
Caring for People in Crisis
COVID-19 has introduced significant uncertainty to our lives. A few days ago I delivered this message to all townhome tenants by email: Subject: Caring for People in Crisis Greetings! A worldwide pandemic changes everything! I love you and will do everything within my...
Differentiate or Die!
One of my favourite strategists, Jack Trout, wrote a book called Differentiate or Die. We live in a niche world. Whatever it is that you do, you must find a way to stand out. For example, many people would love to be real estate investors. Whether the intent is to buy...
Why Do Entrepreneurs Frame Their First Dollar?
Immediately out of high school, I moved to the Rocky Mountains to work in the resort industry – Jasper, Banff, Lake Louise. At first, I lived in staff accommodation. It was like all the fun of university dorm life – except without the classes! It didn’t take me long...
Big Hearts Remember Little Things
I’m blessed to work with an absolutely amazing team. My Renovator, Jim, is a big man with a big heart. One Winter afternoon Jim called to check in with me. He wanted to be sure that we were moving the right projects forward in the right order so that prospective...
What’s My Condo Worth?
Hint: Condo's are Commodities The whole idea of most condominium developments – whether apartment or townhouse – is uniformity in size and design. In the eyes of a lender, appraiser, home-buyer or investor, one 1200 square foot, 3 bedroom unit is worth pretty much the...