Real Estate Asset Management in Toronto
By: Ryan P. Coyle
The Role of an Asset Manager in the Real Estate Market
What if we told you that we could take your one condo and turn it into seven without using any of your savings? What if we told you that you could turn your home into an investment vehicle and retire rich? At CONNECT asset management we help people build wealth through cash-flowing condos. Using the CONNECT Investment Blueprint, we help everyday investors plan, invest and retire wealthy.
Our job is to assist our clients in making informed decisions as to the best way to build wealth in real estate. As asset managers we use careful market analysis to identify the best opportunities available, and as real estate brokers we work with the top developers in Toronto to negotiate the best deals for our clients. Our “hands off” solutions manage our clients properties for them so that investing in real estate is as easy as investing in a mutual fund but with more rewards.
Real Estate as an Investment Asset
Real estate asset management concerns itself with mitigating risks and maximizing profits. It also navigates the complex tax and legal regulations of investment properties in the area that the client is investing in. The purpose of the asset manager is to cultivate market value so that ownership can increase its returns. At CONNECT asset management we focus on maximizing a property’s value for investment in order to get the highest returns. We recognize the potential financial rewards that can be attained from real estate investing. Very few other investments are as tangible as real estate. We help our clients find properties that will secure a steady flow of income for the long-term, while having their tenant pay off their mortgage.
Diversification is important in real estate investments just as in traditional capital market investments. However, most investors start with just one property and build from there. One of the biggest benefits to developing your investment portfolio through real estate is the power of refinancing. Refinancing allows you to take equity out of your investment property or home, tax free to invest into more property. This means that you don’t have to pay taxes on this money until the property is sold – whether that is in 10 years or 100 years. We specifically developed the CONNECT Investment Blueprint to help our investors learn how to use the very important tool of refinancing (good debt) in order to grow their real estate portfolios.
Asset Management Operations
Asset managers tend to specialize in particular types of property, in specific locations. At CONNECT we specialize in pre-construction and resale condo’s in Canada. Part of our role as asset managers consists of market research, data analysis and revenue forecasting. Once a property has been purchased we also help with lease and rental agreements. Leases and rental agreements need to be structured in a way that attracts good tenants, thereby reducing vacancies and limiting liabilities. Most asset managers only specialize in financial matters therefore a property manager must be hired in order to oversee the maintenance of a property. At CONNECT asset management we do both. We make the process of buying real estate as “hands off” as possible for our clients.
Goals of Real Estate Asset Management
The main objective of real estate asset management is to maximize property value and investment returns. This means reducing costs wherever possible, finding the most consistent and highest sources of revenue, and mitigating risk. The CONNECT Investment Blueprint was developed to help our clients determine the best real estate investment opportunities. Looking beyond a construction project or existing condo to other driving factors such as population growth, transportation, infrastructure, demographics and urban development, can help our clients see what a real estate investment will look like in 20 years. At the end of the day however, our goal is really very simple; we want to see our clients retire rich. This is the intrinsic nature of our business and our ultimate objective for our clients.