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Creating Generational Wealth Through Real Estate – Forbes

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“Next Level Real Estate Asset Protection” by Clint Coons is released with Forbes Books

This release is posted on behalf of Forbes Books (operated by Advantage Media Group under license).

NEW YORK (August 30, 2022) — Next Level Real Estate Asset Protection: Comprehensive Strategies for Investors by Clint Coons, the founding partner of Anderson Business Advisors, is now available. The book is published with Forbes Books, the exclusive business book publishing imprint of Forbes, and is available on Amazon today.

Clint Coons, Esq. wrote Next Level Real Estate Asset Protection to unravel the discrepancy between a real estate investor’s needs and those of a run-of-the-mill real estate buyer. Drawing from his decades of experience building a real estate portfolio, Coons shares what it takes to kickstart a career in real estate investment and start growing generational wealth.

Coons takes readers beyond the mindset of a casual real estate investor to demonstrate that real estate investment is a true business. As both an investor and an attorney himself, he knows too well what can happen to a person entering the real estate business without a solid legal foundation. Next Level Real Estate Protection is designed to give readers a crash course in asset protection, owning via entities, working with lenders, and long-term activities for developing multiple streams of passive income. Above all else, Coons wants to teach readers how to eliminate fear so they can make the right bold moves to supercharge their portfolios.

Coons’ advice roots itself in the insights he’s uncovered while working with ultra-wealthy real estate investors who treat their portfolios like a business. For Coons, this mindset shift makes all the difference – successful investors invest in themselves and aggressively pursue opportunities that present themselves.

“Most of the people who are paid to give advice to real estate investors are selling products and services. They don’t invest in real estate themselves,” Coons said. “So, while the advice they give might be 100 percent accurate from a tax perspective or a legal perspective or a banking perspective, it doesn’t take into consideration the whole picture of what you, as an individual investor, are trying to accomplish at this stage of your investing career.”

About Clint Coons

Clint Coons is a founding partner of Anderson Business Advisors. Since its inception in 1999, Clint has helped grow the business into a nearly 500-person organization spanning four states. A passionate advocate for real estate investment, Clint speaks to audiences across the country about the practices he uses to create sustainable, protected wealth for clients.

Clint earned his undergraduate degree from the University of Washington and his JD from Seattle University School of Law. He lives and works in Tacoma with his wife Tracy and their two children.

About Forbes Books

Launched in 2016 in partnership with Advantage Media Group, Forbes Books is the exclusive business book publishing imprint of Forbes. Forbes Books offers business and thought leaders an innovative, speed-to-market, fee-based publishing model and a suite of services designed to strategically and tactically support authors and promote their expertise. For more information, visit forbesbooks.com.

Media Contact

Lisa Loeffler, Anderson Business Advisors: lloeffler@andersonadvisors.com

C: 424.281.0417

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Mortgage rule changes will help spark demand, but supply is ‘core’ issue: economist

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TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.

The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.

The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.

CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.

However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.

Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.

This report by The Canadian Press was first published Sept. 17,2024.

The Canadian Press. All rights reserved.

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National housing market in ‘holding pattern’ as buyers patient for lower rates: CREA

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OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.

The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.

On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.

CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”

The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.

The number of newly listed properties was up 1.1 per cent month-over-month.

This report by The Canadian Press was first published Sept. 16, 2024.

The Canadian Press. All rights reserved.

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Two Quebec real estate brokers suspended for using fake bids to drive up prices

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MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.

Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.

Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.

She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.

The two brokers were suspended in May 2023 after La Presse published an article about their practices.

One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.

This report by The Canadian Press was first published Sept. 11, 2024.

The Canadian Press. All rights reserved.

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