01/10/2024
As of January 10th, we’ve already journeyed through 2.7% of 2024. Time, like our investments, is precious, so let’s make every moment count.
The past year brought global challenges affecting employees, business owners, and investors. In real estate investment, our success depended on navigating economic storms without selling assets at a loss, while managing assets for future goals.
We went through 2023 without incurring losses or calling for extra investments from our existing capital partners, also known as cash calls. This was a major challenge for many, particularly in 2023, but it allowed us to maintain our reputation as reliable, proactive problem-solvers.
We also continued the steady growth of our portfolio in 2023. We purchased a complex of eight rental townhouses near Ottawa, providing strong opportunities for our investors, busy Canadian professionals, in Southern Ontario.
In addition, we purchased a property in Italy, enjoying the role of passive investors and leveraging other people’s time, expertise, and resources while ensuring our money works hard for us.
We’ve been actively analyzing deals in certain states in the US, recognizing potential growth. While appealing from a distance, one must be highly diligent in choosing assets and strategies aligned with their goals.
Our long-term ‘flip-to-yourself and hold’ strategy (BRRR) remains our cornerstone approach. Real estate investment is a journey of patience and strategic planning, often spanning 3-10 years.
Stay tuned and send me the word INVEST if you’re looking to invest in the next year and want to learn more about how I do it. Happy New Year from the Horizon Capital team! 🎆
Sincerely, Vlad Ladygin, Founder and Director of the Horizon Capital Real Estate Group.