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Why is Our ROI 4X the Average?

Is your DIY killing your ROI?

When we make real estate investments at BG Wealth Group, our market-leading investment returns are the result of a proven strategy that ensures our values increase at a much faster and larger rate than typical investment structures. 

  • The way we find properties. Through years of real estate investing, we know how to spot an undervalued property. BG Wealth Group’s CEO+ Co-Founder, Craig Dunkerly has been buying real estate since he was 25 years old and has created a process that allows his partners to profit right alongside him. It starts with identifying the ideal investment properties that are forecasted to go up in value. 
  • What is happening in the cities? BG Wealth Group prides itself on having built mutually-beneficial local and governmental ties where we have investment properties; our developments are designed to benefit those that live and work there. For example, our properties in Owen Sound have appreciated due to an influx in immigration. People have been moving to Canada and need rental housing. The local government has seen and supported the resulting growth in employment, which made it possible for the rents to increase in a sustainable way. 
  • What we do with the properties once they are purchased? Some things you have to learn the hard way, through experience, and we have definitely put in the time and fixed enough leaky faucets and flipped enough houses to know exactly where to place our energy to get the most bang for the buck. It’s not always a cosmetic transformation where there are dramatic before and after pictures. Oftentimes, it is something that runs deeper, like rewiring or doing plumbing repairs. 

We have perfected our strategy and now we are scaling it

We start with a winning acquisition strategy where we find properties that have gone down in value but we can see a reason that the price will go up. Then we sprinkle in a generous amount of cooperation with the local governments and city planning committees so we can understand what is already happening with the rental market. We finish it off with the right renovations. 

It’s like a recipe that we have perfected over the years and we’re ready to share with the world. 

Is your DIY killing your ROI?

You are a person who knows the value of your own time. 

But yet, you might still waste a lot of time doing jobs that you don’t like, you aren’t particularly good at and other people can easily do for less than you earn per hour. 

Everybody does this, but some people have learned how to protect their time and get far better results. 

Jobs like cleaning the house, mowing the lawn, shoveling snow, fixing your car. There are other people who do these things all day long and know how to get it done quicker than you can. You could earn money doing your own high-value skill and pay someone else to do things that you don’t enjoy doing.

Often the jobs that are potential time wasters are taking up your time at work too. You have a main skill that enables you to charge a high fee. So why are you spending time filing papers, ordering office supplies or doing any other task that isn’t your actual job? 

Now, I am not trying to shame anyone for making coffee or doing things for themselves. 

Sometimes you enjoy doing things for yourself, and other times you get in your own way and waste time and money. 

It’s a matter of valuing your own time and getting the best results

Everyone has their own unique interests and abilities and it’s up to you to decide how to spend your time so that you are as productive and fulfilled as possible. 

Investing on your own is confusing. There are thousands of options available and they each have their own risks and their own returns. If it is not your thing then you probably don’t have enough time to research it as thoroughly as you need to. 

If investing is not your forte, you might consider outsourcing your wealth building to someone who has a track record of results. 

Most investors get average returns on their own. According to Fidelity, the average return for stocks is 13.8%, 5.8% for international stocks, 1.6% for bonds, 8.8% on real estate, and 0.38% on CD’s. 

But working with a financial advisor doesn’t always help. Many financial advisors don’t get better returns, and as if that’s not bad enough, they siphon away your potential earnings with fees. 

Reap the benefits of our profits with a no-fee experience

When you contact us for an advisor meeting about your finances, you will notice a few differences between us and other financial advisors.

We do not charge consulting fees when onboarding investing partners. You don’t pay for the time that we speak with you.

There are no hidden fees tacked on to your earnings. 

Now, if we aren’t charging for our time or charging hidden fees, you might be wondering how we make money. 

We’re earning our ROI through our process of purchasing real estate that is poised to go up in price and enhancing the value. We earn money through our tenants and through the appreciating of the properties. Your investments make it possible to do a little more of what we do, and you share in the returns. 

You’re treated like part of our team, being a partner in our growing enterprise. You profit right along with us, without having to put in the work. 

We are about to start on an exciting new expansion in the United States and it is the perfect time to come on board. Click here to schedule an appointment where you can find out more.

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950-956 2nd Ave. Street East, Owen Sound, ON

Owen Sound

261-281 9th Street East, Owen Sound, ON

Value
Purchase Price
$1,055,000
Rents upon acquisition
$127,000
Fully rented
$235,290
Fully rented Building Value
$2,256,000
5-year ROI annualized
15.99%

The Story
261-281 9th Street East is a mixed-use (commercial/residential) building located in the heart of the downtown River District of Owen Sound. The building consists of 9 residential units (7-1 bedrooms, 1-2 bedroom & 1 studio apartment) and six commercial units. BG Wealth Properties purchased the building in March 2019 for $1,055,000 and immediately started employing its value-add model by renovating units and attracting high-quality tenants at attractive rental rates.

At the time of acquisition, one-bedroom residential units were renting anywhere from $550-$800 per month, and the two-bedroom unit was renting for $700/month. Through our value-add program, BG dramatically improved the condition of these units while successfully increasing rents on one-bedroom units to $1,300 per month, and $1,400 per month for the two-bedroom unit.

Similarly, commercial tenants were paying anywhere from $8.50-$10.00 per square foot at the time of acquisition (inclusive of taxes, maintenance, and insurance). Within the first 6 months, BG successfully started renovating commercial units and had new tenants sign long term leases at an average rate of $14.00 per square foot + $4.00/foot TMI (taxes, maintenance, and insurance) – for a total average rate of $18.00 per square foot.

Fully rented, the building carries a value of $2.2 Million based on rents we have achieved through our value-add business model.

This property still has more upside potential.

image of a road

Owen Sound

950-956 2nd Ave. Street East, Owen Sound, ON

Value
Purchase Price
$555,000
Rents upon acquisition
$28,800
Fully rented
$187,692
Fully rented Building Value
$1,600,000
5-year ROI annualized
17.38%

The Story
950-956 2nd Avenue East is a mixed-use (commercial/residential) building located in the heart of downtown’s River District of Owen Sound. The building consists of 6 residential units (2-2 bedrooms, 3-1 bedroom & 1 studio apartment) and two commercial units. BG Wealth Properties purchased the building in March 2019 for $555,000. The five upstairs vacant residential units were gutted with no tenants, while the downstairs had a high-end spa and a furniture store as commercial tenants.

In March 2021, BG Wealth Group partnered with an institutional lender and secured funding to renovate all residential units. In addition, given the shortage of high-end vacation rentals in the City of Owen Sound, BG has converted all six units to short-term vacation rentals, which will launch at the end of 2021.

In June 2021, BGWP attracted an up-and-coming Flame ‘N Bricks pizzeria franchise located in the commercial space beside the high-end spa. The culmination of high-end vacation rentals on the upper level, a spa and a pizzeria on the lower level will make this building one of the most attractive buildings in the downtown River District.

BG received a post-renovation appraisal of $1.3 Million on the building – more than 2X the original purchase price. Fully rented, the building carries a value of $1.6 Million based on typical short-term rental rates of the area.