The Little Book of Real Estate Investing in Canada

Investing in real estate has often been viewed as the poor second cousin to the stock and bond markets. The misperception that investing in real estate is somehow difficult has cost Canadians the opportunity to increase both the quality of and income from their investment portfolio. To help provide a new perspective to Canadian investors, Canada's bestselling real estate author speaks about his relationship with real estate as the asset that has consistently delivered value for himself and the Real Estate Investment Network community across the country.

• Author Don R. Campbell is Canada's most recognizable face in media on matters to do with real estate
• Offers readers a unique glimpse into Don R. Campbell's views on real estate as an asset class, the opportunities and challenges, and the essential characteristics of a successful real estate investor

People want to learn from the best. Investors have no better role model than Don R. Campbell—either to be introduced to the world of real estate or to take away lessons that will embolden success.

Foreword vii

Acknowledgements xiii

Introduction xvii

Chapter One

Why Invest in Real Estate? 1

Chapter Two

My Early Years as an Investor 45

Chapter Three

Design a Portfolio to Weather the Inevitable Storms 71

Chapter Four

Building the Team 103

Chapter Five

The Investor Mentality 131

Chapter Six

Riding the Cycle to Long-Term Sustainable Wealth 157

Chapter Seven

Why Do You Really and Truly Want to Invest in Real Estate? 185

Chapter Eight

Is Real Estate Investing Part of Your Journey? 201

About the Author 223

DON R. CAMPBELL (Vancouver) is a Founding Partner and Senior Analyst of Real Estate Investment Network Ltd. He is a leader in providing Canada’s most current real estate investment education programs and economic research reports and analysis, and is the author of the best-selling Real Estate Investing in Canada 2.0 and co-author of 97 Tips for Canadian Real Estate Investors; Real Estate Joint Ventures; and Secrets of the Canadian Real Estate Cycle.

100% of the author’s royalties from the sale of this book are donated directly to Habitat for Humanity

There is a saying that there is never any bad weather, just bad clothing choices. In real estate the same can be said for homeowners and investors—there are never any bad real estate markets, there are just bad purchase and sale decisions.

The Little Book of Real Estate Investing in Canada is Don R. Campbell’s personal perspective on real estate investment based on the principles and action steps that he has used to build a robust portfolio of investment properties. Three decades as an investor and two decades running and leading The Real Estate Investment Network™ have given him a depth of experience and wealth of knowledge that are unsurpassed in the investor community. If you are considering becoming an investor, or are an investor with a degree of experience, you will find ideas and strategies in these pages that will direct you towards practical steps that decrease risk and increase returns.

Some of the key topics that he covers are:

• How to design a portfolio to withstand the inevitable market ups-and-downs
• How to know the difference between market noise and market signals
• How to stop chasing money in order to attract it
• Finding the right professionals and mentors to help you invest wisely
• How to ensure you are creating long-term sustainable wealth
• Discovering if you have the right approach and attitude to become a successful investor