What the Wealth? Recreate your Money Story!

www.wilsonteam.ca

www.wilsonteam.ca

🏘 In this presentation, we want to show you how to properly protect your investment, your family and your finances.

📈  As a result of watching this video you will learn: 

 ✅ What insurance companies may not protect you against 

✅ Properly shop insurance 

✅ Protect yourself from liability

✅ Take advantage of all your potential missing DISCOUNTS 

✅Protect rental property income 

✅he importance of annual reviews

AND   

💰 If you stay till the end of the video You could win 1 of a 5 insurance audits worth $199. 🥇  

🎉 To win, find the insurance post on our Instagram: @thewilsonteamottawamortgages Like and comment by letting us know what’s you like best about the video. We will be picking the winner before December 18th.   

🥇 Start the new year and beyond your way to making 2020 the start of your financial Blueprint.

www.wilsonteam.ca 

A collaboration of the top experts in wealth building is key to your structure. You can adopt the Family Offices platform which is a private wealth management advisory firms that serve high net worth clients, they differ from traditional wealth management firms because they offer a total outsourced solution to managing finances and investments for affluent individuals and families.   It’s about creating a strong advisory board that all works together to formulate your blueprint. This board consists of your planner, accountant, lawyer and broker. They need to be on the same page and working together to create your customized financial affairs.  

So many financial plans are solely focused on the accumulation and not the exit strategy of the money. This leaves you exposed to unnecessary losses and recapture opportunity which  can cost you up anywhere from 10% to 50% of your savings. In some cases tax free opportunities.  Structuring your taxes is the biggest liability we have as Canadians.   Check out the PODCAST where Colin speaks about his philosophy on what most Canadians are missing when focused on just the accumulation.

The biggest key to any manager or self-manage is to properly screen your tenants and be very patient in waiting for the right one. The Wilson Team can assist you in this process. 

• When should you hire a property manager?
• You have multiple units and properties
• You don't live near your property
• You are not interested in hands-on-management 
• Your time is limited
• You can afford the cost

There are many property management companies to choose from, and we believe its extremely important to do your due diligence when deciding to start this relationship. We truly feel it can be a massive asset to your business plan, but it comes with a cost.

At the Wilson Team family, as real estate investors, we typically manage most of our single-family homes. However, anything over four units is managed by a property management company. 

Here is a quick list of items that your company management will handle on the day to day, besides the obvious of saving you time and money they will:

• Market your rentals
• Collect rent
• Handle maintenance and repair
• Respond to tenants complains
• Handle turnover
• Manage the leases
• Show the property
• Maintain excellent relationships with sub-trades

Anne Burgoon BSc, RCM and Dean Burgoon P. Eng, RCM

They are now managing  30 Condominiums Projects with just under 2000 Doors. They have grown their team to 17 staff. Their Head office is based out of Brockville and manages properties from Aurora to Cornwall and up to Ottawa.

With their strong leadership, dedication, and management, all of their hard work in their business they have become experts in their field. Their track record is very impressive.

They have worked with many Corporations that were not previously properly managed to tune around their prospects.  They have professional networks and systems in place to continue to ensure success with all projects.

If you are thinking of investing in condominiums, own one currently as an owner-occupier or looking at condominium conversions, you do not want to miss this episode. It is a great breakdown and understanding of the condo lifestyle and ownership structure.

For full information visit: www.wilsonteam.ca

Or follow us on instagram: @thewilsonteamottawamortgages

www.wilsonteam.ca