YOU ALWAYS TALK ABOUT LOOKING FOR OPPORTUNITY AND “THINKING OUT OF THE BOX”. WHAT WOULD BE AN EXAMPLE?
A new highway: The Coquihalla made investments in Kamloops and Kelowna that resulted in great returns but the old highway cities such as Princeton/others saw real estate values decline. The same with the (then) new Island Highway where Comox became more valuable because you could get there faster. Or simply look for new development and buy older units close by. Once the new ones are finished, they lift the older ones up.
Last week Thomas Cook collapsed and lost $200 million dollars – why is that an opportunity? Up to 500 hotels in Spain closed and there may be incredible real estate deals where Thomas Cook sent its minions to – PLUS you can get a passport for buying.