Dave C. Bonk
Call Direct 403-862-0314
SERVING YOUR CALGARY REAL ESTATE NEEDS
Interested in doing a flip? Put my experience 
to work for you
Purchasing property below market value and adding value through improvements is one of the best forms of real estate investing. Often referred to as flipping. Many people are unsure of how to navigate this form of investment.
To people who have never studied the game of poker, it can seem like a terribly risky enterprise. After all huge sums of money are won and lost depending on which cards are dealt. Surely, they think poker is all about luck or nerve. They call it gambling and for some it is. But for others it's not! The difference is in extensive experience, keen observation, adaptability and dedication to every aspect of the game. In many ways people can look at the real estate market in the same way they view poker, as a gamble! However the focus should not be on the aspects of the market that we can not influence but on the elements we can control. By doing this it allows us to remain competitive and profitable in the midst of change.
Foreclosures
Some people are choosing to let their properties go, rather than contend with mounting bills. Calgary realtors are seeing more residential foreclosures right now than in the past decade.
There are about 550 properties currently listed in Calgary as bank sales, while about 100 are foreclosures; they account for about 10 per cent of all of the city’s listings on the Canadian Real Estate Association’s Multiple Listing Service (MLS).
If you are looking to buy and view Calgary’s Foreclosed Properties or are a Distressed Homeowner Contact Me today and begin your Calgary real estate experience. I look forward to serving you.
