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History has proven over and over that Real-estate is the pathway to long term wealth. Any successful investor holds real-estate within their portfolio.  As consumers we have access to 5 areas of retirement planning:

• Cash From Savings
• RRSP’s
• Stock/Bonds
• Pension
• Real Estate

Only Real estate allows “leverage” or the ability to acquire large assets at a fraction of their true cost.  Only real-estate allows us to take out “equity” with no or minimal tax implications to serve our future financial needs.

Mark Loewen, Royal Bank of Canada Revenue Property Mortgage Specialist, recently moved into an office down the hall from me here at ReMax House of Real Estate.

Have you  thought about investing in real estate … but haven’t quite taken the next step? Do you need help in getting over the hurdle … the decision … if it makes sense?

Set a 25 min consultation with Mark and I to see if Real Estate Investing is right for you.

I call this meeting… “The Power of Property”.

Are you earning less than 7% on your RRSP …. or RESP, RRIF, LIF, LRIF, and LIRA?

Did you know you can be just like the bank – and get a higher rate?

You lend an investor, your money at a set rate of return. Your money is secured on safe, secure well selected Real Estate.

Most investors pay between 7 and 15% return on your money – depending on the loan to value.

Most normally pay a nominally 3.5% per year into your self directed RRSP account, and then pay a balloon payment at the end of the term.

It’s super easy to set up.  You just have to sign the forms. All the forms can be found at http://olympiatrust.com/plans/index.php.  Normally the borrower will meet with you with the completed forms (or fax or email). It will take you 15 minutes to review the forms,  sign, and then … start earning 7-10% on your RRSPs!

Here’s the Process:

1. Investor/Borrower has Client (you) Register for an Olympia Trust Account, using the PDF form – Registered Plan Application.
2. Investor has Client Direct Olympia to Transfer funds from existing RRSP service provider using the PDF form – Transfer Authorization.
3. Investor/Borrower  draws up the mortgage loan details with selected property using the PDF form – Mortgage Direction Undertaking.
4. Investor/Borrower  completes the Solicitor’s Certificate of Disclosure & Undertaking regarding Arms-length mortgages as investments in self-directed Registered Plans, using the PDF form Solicitors Certificate.

With the forms complete:

1. Investor/Borrower gets the first two forms to  account representative at Olympia Trust. There are currently three account representatives in Calgary.
2. Investor/Borrower gets the second two forms to chosen lawyer. 

Investor/Borrower work is done. Olympia Trust gets to work … and lawyer gets to work.

Investor/Borrower follows up with lawyer and Olympia Trust to ensure everything is okay.  If things go smoothly, investor/borrower can expect the cheque within 3 weeks of the client, signing the forms.