3 Secrets Behind the $1 Billion Home Buying Plan from Core Development Group
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"Condo developer plans to buy $1-billion worth of single-family houses in Canada for rentals. A Toronto condo developer is buying hundreds of detached houses in Ontario, with the plan of renting them and profiting on the housing crisis ripping across the country" - Globe and Mail
This is the most controversial piece of news in Toronto real estate over the past week.
Why would a developer buy existing homes instead of building them?
In this video, Dan is going to share the 3 secrets behind this abnormal move from a developer.
▼ Timestamps:
[01:02] The background story of Core Development buying homes
[02:11] Secret #1 - Cheaper, Faster, Better
[04:30] Secret #2 - Recurring Income
[06:18] Secret #3 - Growth
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Every Crisis is an Opportunity.
I'm living proof of the statement...
I have gone through 3 very different careers, from a computer store owner, to a computer hardware design engineer at a tech giant, to a real estate broker. I started each new career from a crisis and I became more successful than ever in each.
So when I started CondoWong, I wanted to create a real estate brand that not only survives but thrives through constant changes and uncertain times. And this mission is best accomplished by delivering proven results to our investors consistently.
CondoWong is powered by a full-service in-house team to help you land on a winning investment and take care of it throughout its lifetime, delivering the hands-free and rewarding investment experience that every investor dreamed about.
Dan Wong, CEO & Founder of CondoWong
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