Targeted Advice and Built-in SCAM Protection Are Part of the Private Investment Service
Toronto’s business district is no stranger to wealth-creating machines but even amongst the seasoned companies which operate there Tulsiani Investments and Private Investment Club (PIC) are ahead of the pack.
Formed by Sunil Tulsiani, a former Ontario Provincial Police (OPP) officer who quit his job and made it big in real estate, the two companies have, over the years, managed to create an impressive track record of solid investment and good returns. Sunil Tulsiani, is known affectionately as ‘The Wealthy Cop’ and, over the years, has been instrumental in guiding his companies in areas which help to protect as well as guide potential investors.
“Real estate investment is a volatile field with many opportunities and just as many chances to go wrong,” he says, “I know because I dealt in all this first hand and I have invaluable experience to offer those who we help advise.” Part of the Tulsiani Investment and Private Investment Club (PIC) service is a built-in protection against fraud and scams. Nothing less than what you might expect from a former cop but more than most investment companies offer in this field.
“We cannot automatically protect every member against themselves,” explained a PIC spokesman in a recent interview, “our resources are engaged in carrying out due diligence and securing the kind of deal for our members which help them gain a good return on their investment, but we do offer, where possible, targeted advice based on our own experience of the market and the depth of information we receive. On a number of occasions we have been instrumental in helping our members spot deals which really were too good to be true and safeguarding their money.”
As you might expect there are guidelines to keep in mind when it comes to investing in real estate:
- Do your homework – although you may have a professional who is guiding you it is still your money and the ultimate responsibility for its management rests with you. The professional will give you advice and work with you to help you reach a decision you are comfortable with but that is as far as it goes. Beyond that the onus is on you.
- Do not over-reach yourself – Investing is not unlike gambling. The potential returns are better and the odds can be stacked in your favour with some careful research and very carefully managed moves but it’s still good sense to never invest more than you can afford to lose.
- Do not ignore professional advice – We all have had that moment when we have felt deep in our gut that this is ‘the one’. The deal which is going to make us wealthy. Sadly the fact is that financial acumen resides in the head and not the gut. So, if you have had one of those feelings and are compelled to act upon it, it is better by far if you also use your head and take some professional advice and really listen to it.
- Look for opportunities – Even in the most saturated real estate investment market there are opportunities to be had. Make sure you look for targeted, emergent market opportunities, carry out your due diligence and risk assessment and then move ahead of the pack, get in first and get out before the property price curve begins to dip.
- Spread the risk – Join an investment club or an investment company. Working alone not only limits what you can do and what you can learn it also puts you in the cross-hairs should the deal go south. By working through an investment company or an investment club you avoid all this by having practical help plus the real advantage of limiting your exposure and spreading the risk.
Real Estate investing is not for the faint hearted, particularly since the sub-prime mortgage meltdown and the global credit crunch. It is, nevertheless, one of the most targeted ways there are to make real money, real fast and as such it should not be lightly dismissed.