May 2007 Volume 3, Number 5
In This Issue
· Dominant Thinking
·
Is it Saskatchewan's Time?
·
In Closing
Real Estate Links
Stef Lukas, our Realtor
Richard Anderson, our Mortgage Broker
The Real Estate Investment Network
An Online Listing Service
Another Online Listing Service
The Multiple Listing Service
Contact Us
Bill Biko
President/Investor Relations
403-870-4663
In This Issue
· Dominant Thinking
· Is it Saskatchewan's Time?
·
Real Estate Links
Stef Lukas, our Realtor
Richard Anderson, our Mortgage Broker
The Real Estate Investment Network
An Online Listing Service
Another Online Listing Service
The Multiple Listing Service
Contact Us
Bill Biko
President/Investor Relations
403-870-4663
Dominant Thinking
“To go against the dominant thinking of your friends, of most of the people you see every day, is perhaps the most difficult act of heroism you can perform.”
Theodore H. White
When you think about dominant thinking, doesn't it really mean thinking like the masses? Work 8-6 and weekends to get ahead in your company and save enough to retire. Or maybe just work your 42.5 hours a week and hope old age pension takes care of you with no concern for the future.
Amazingly enough this is how the masses tend to think, so I'm glad I go against the dominant thinking. My retirement is going to be dictated by me (and perhaps to a large extent my wife), the people I choose to deal with will be decided by me, not my boss from some Eastern province, and when I want to take a day off I don’t have to call in sick because I used up all my vacation days by the end of February, I’ll just take it off.
This isn't for everyone, there’s some real pressure involved in not having a steady pay check, and looking forward to multiple mortgage payments each month.
I just hoping one of the reasons you read these Newsletters every month is not to just learn more about Real Estate, but to escape that dominant thinking and carve out your own future. There is more to life than 9-5 or 8-6 and finding something like Real Estate proved it to us.
If you are hoping to escape the masses and you haven’t talked to me in person or on the phone yet, please contact me and we can set up a time to talk
Is it Saskatchewan's Time?
I hear variations of this question quite often these days. It goes along the lines of, prices are too high in Alberta wouldn't I be better off buying in Saskatchewan? It appears to be one of the dreaded “no-brainers” that pop up.
As a side note, it's amazing how the well thought out plans work out better than a “no-brainer”.
If you look back over the Newsletters the one thing I talk about is the economic fundamentals. Alberta leads the country in provincial in-migration, unemployment rates, and jobs created, average wage increases, average household wages and the list just keeps going. On top of that no provincial debt, over $120,000,000,000 (that’s billion) in long term Oil sands projects, and billions in long term Capital Projects. All of these equate to long term demand and steadily rising property values above all of the other provinces, including Saskatchewan.
Over the last year values have increased quite a bit in Saskatoon, and in Regina, but still at a much lower level than Calgary or Edmonton. This will continue to be the trend due to the above factors. Now at a certain point this could well change, but for the next five years or so Alberta is still the place to be.
I'm not saying you won’t make money in Saskatchewan, but there is significantly more opportunity in Alberta. If you don’t have the money to invest in Alberta, are you better off buying in Saskatchewan just to get in the game? That one is entirely up to you, just be sure to get all the facts, read beyond the headlines and find out what is truly going on "behind the curtain".
In Closing
So it’s rather amazing when we say it sometimes, but we are bona fide Real Estate Experts. Our little group has bought over 50 properties since we started and eight already this year.
We continue to grow, share our experiences with others who are either looking to become investors themselves, people who are considering partnering with us or just want to see what options are out there to change up their lives.
Thanks to you for reading this Newsletter each and every month and for all the comments, questions and even suggestions you have sent. We look forward to even more calls and emails as you continue to spread this Newsletter to people you know.
Have a great May and get out there and enjoy your beautiful spring weather!
Bill &
Karen Biko
Kat
www.housez.ca
Calgary, Alberta
Tel: 403.870.4663
Fax: 403.203.1753
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KatSid Housez Inc. and Bill Biko provide investors with
a monthly newsletter involving Real Estate. KatSid Housez Inc. and their
directors are not registered investment advisors. Forecasts and insights
are based upon data gathered from various sources believed to be reliable,
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Past performance does not guarantee future results. KatSid Housez strongly
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