Platinum Properties Group (PPG) is a leading real estate investment firm, headquartered in Vancouver, BC, Canada. We help investors generate equity and income by providing opportunities to add income properties to their portfolios. Platinum Properties is a full-service company that offers comprehensive support and services including research, financing, acquisition, and property management options.
Since 1995, Platinum Properties Group has developed real estate projects valued at more than $450 million. Our project focus is across Canada, with the most recent ones located in Alberta and Ontario.
Real estate has proven to be one of the most stable assets available to investors. In the long term, real estate adds diversity and financial security to a portfolio. In the short term, real estate can provide an ongoing source of income by generating positive cash flow. Real estate investing has built-in defenses against fluctuating economic cycles that many other investment vehicles do not. Because of these unique advantages, real estate can generate multiple income streams, making it an attractive investment.
Every investor’s risk tolerance profile is different. Those who are concerned about rising rates might choose longer-term mortgages to maintain payment consistency over a longer period of time. For multiple unit investors, staggering the maturity of each mortgage reduces the risk associated with having to renew all mortgages at once should interest rates rise. Also, keep in mind if interest rates do increase this makes it less affordable for renters to buy their own home. As an investor this provides you with a larger pool of renters thus minimizing vacancy.
Real estate investments enjoy certain tax advantages compared to other vehicles, ranging from tax shelters to deferred tax on gains. Because each investor’s tax status and investments objectives are unique, PPG recommends that clients consult with a tax specialist to determine their ideal tax strategy.
The first step is to arrange a meeting with a PPG Investment Executive to discuss your goals and needs as well as your financial situation. This helps identify the options available for your unique profile. PPG then arranges for qualified investors to become members of our Equity Builder Program.
The Equity Builder Program is a proprietary program developed exclusively for PPG clients. It is a solutions-based approach that overcomes most of the barriers associated with investing in real estate. Through the Program, PPG supports clients with research, financing arrangements, acquisition support, property management options and ongoing education, support and advice regarding your assets with PPG.
PPG uses the same key criteria as banks and other financial institutions to assess the financial profile of potential candidates: income, net worth, and creditworthiness.
There is a one-time, tax-deductible, administrative fee of $495, which fully applies as a credit towards your first income property with Platinum Properties Group.
Equity Builder members enjoy a range of valuable, exclusive benefits. Each member receives a comprehensive professional financial assessment based on key factors-personal goals, time frame, risk tolerance, financing options, etc.-that is then used to develop a property investment strategy tailored to his/her unique profile. Equity Builder members receive advance previews on new investment properties and are entitled to preferred rates on legal fees, financing rates and management fees. They have complimentary access to due diligence reports and 3rd party independent appraisals and receive ongoing guidance and support from a dedicated PPG Investment Executive.
There is no obligation to buy immediately. Once clients qualify for the Equity Builder Program they will be kept apprised of opportunities as they arise, ensuring they don’t miss out on any offers. During this time, they are free to review and discuss projects and strategies with a PPG Investment Executive and familiarize themselves with the real estate investment market. When the right opportunity comes along, a phone call is all it takes to get started.
PPG’s investment philosophy is simple: minimize risk and maximize return for clients. Our experienced team of analysts monitors real estate trends in markets throughout the country to determine the short term and long term potential of prospective developments. The reports generated by our researchers together with individual consultations between the client and PPG Investment Executive ensure that decisions are made using the best information possible. That repeat clients and referrals make up nearly 70% of our business underscores the success of our commitment to making sound investment decisions.
There is no minimum investment required. Investment levels are determined in consultation with a PPG Investment Executive. Depending on individual objectives and profile, the investment can be as little as no money down.
Clients are free to use the financial institution of their choosing. The majority of our clients prefer to take advantage of PPG’s established relationships with the banks and the accompanying volume discounts it brings. It also makes the entire process hassle-free and simplifies financing arrangements for subsequent investments with PPG.
Opportunities depend on market conditions and their potential fit against PPG’s requirements. Historically, new income properties at PPG arise every three to six months. Equity Builder members are notified as soon as a project becomes available, often with an option to advance preview the property.
All real estate investments undertaken by PPG are backed by one of Canada’s major banks. Before taking on the mortgages associated with a project, the banks conduct their own independent property assessments using licensed, accredited and bank- approved (Accredited Appraiser Canadian Institute) real estate appraisers to ensure property value is fair.
Suite allotment for each project is made on a first-come, first-serve basis. Reserving a preferred property suite can be made with a deposit, providing it is still available.
The property is completely under your control, thus you can choose to live in it yourself or rent it out.
Platinum Properties Group works with only well established management companies to perform the day-to-day operations of managing the property. These companies are accomplished and have a solid reputation in their field working within the laws and guidelines of the highly regulated real estate industry. On behalf of clients, PPG negotiates a discount management rate which varies between $25 and $45 per month.
Vacancy rates are a major concern among property investors. Platinum Properties Group has developed a three-part Vacancy Protection strategy based on tenancy, property management and local markets, that minimizes the issue of property vacancies. This strategy is available to all Equity Builder members.
In most markets a Strata Corporation, comprised of a property’s individual unit owners, is required to insure the building, its common facilities and any repairs against fire and third party liability. The strata/condominium fees typically cover the associated costs. Clients may wish to consider additional insurance for items within the units such as appliances or furnishings where applicable.
A Strata Corporation is a legal entity comprising all of the individual unit owners of a given property development. It is responsible for managing the common areas of a given property. The Strata Corporation develops an annual budget for these expenses and administers the associated service contracts, insurance coverage, repairs and ongoing maintenance. The annual costs are allocated to each owner through monthly condominium fees. As unit owners, PPG investors have the right to attend Strata Corporation Annual General Meetings and vote in matters related to the Strata Corporation, including the election of members of the Strata Council.
There are no restrictions on property resale. Once your investment is made, the property is yours to keep or sell, just like your own home.
Real estate is a cyclical investment that will fluctuate over time according to supply and demand. While there may be short-term fluctuations, over the long term (8-10 years), real estate values have been shown to keep pace with inflation. Successful real estate investors mitigate risk by maintaining a long-range outlook.