The online version of the simulator will be available soon.
In the meantime, you can download the Excel version below.
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Simulator for calculating real estate profitability
Yields, cash flow and profitability
Before we begin this series of exercises, we’re going to explain or refresh your memory about the language of rental profitability, also known as the rental yield of a project. There are 3 ways of measuring the performance of a property project : calculating the yield (gross, net or net net), cash flow calculating or profitability calculating. Some members are kind enough to share confidential information and experiences with you. We ask you to respect them. All discussions on this subject must remain within our club.
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Parkmatch : application of connected car parks !
You’ve probably already experienced it: parking in the city can become a real headache. Between going around the neighbourhood more than 15 times, traffic jams at peak times, expensive private car parks⊠but also FPS (post-parking packages) which have already reached many motorists !
đą WARNING : you must not use the Parkmatch application anymore
Due to numerous reports of bad experiences, we recommend that you no longer use Parkmatch services ; click here to learn more.
Opportunity to become real estate annuitant
Becoming a real estate annuitant is the dream of many people. Today we present you with a set of garages that can allow you to drop your work ! The package presented to you offers the possibility of generating $ 5 000 in gross income per month. With a gross income of $ 60 000 per year, there is enough to stop working and live comfortably on your pensions.
The ratio between total gross income and net income is interesting because the expenses are low. Discover the profitability study of this lot of garages and became maybe a real estate annuitant.
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How choose your storage box size ?
It is very important to choose the right size of storage box or furniture storage. Too small a storage will be unsuitable ; conversely, if it is too large it will increase your expenses. Here is the procedure to follow to determine the right space :
- Make a list of what you plan to store: furniture, appliances, things that are large in volume and not removable.
- Estimate the number of boxes to be stored in the storage box.
- Choose the optimal surface area with our storage space size guide below. It will help you to evaluate the surface area you need.
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- Storage box of đșđž 10,76 up to 21,5′ đȘđș 1 up to 2 mÂČ ; or about đșđž 141 cu ft đȘđș 4 m3
- Area from đșđž 32 up to 43′ đȘđș 3 up to 4 mÂČ ; or about đșđž 282 cu ft đȘđș 8 m3
- Storage box from đșđž 53 up to 64′ đȘđș 5 to 6 mÂČ ; or about đșđž 423 cu ft đȘđș 12 m3
- Storage box from đșđž 75 up to 107′ đȘđș 7 to 10 mÂČ ; or about đșđž 706 cu ft đȘđș 20 m3
- Area greater than đșđž 107′ đȘđș 10 mÂČ ; or more than đșđž 706 cu ft đȘđș 20 m3
- Our advice for the storage of your belongings
- The equipment you need to move at a lower cost
đĄ Did you know that ?
Always take a little more space than you calculated. Even if you are the king of stacking at Tetris game, your belongings will be better stored if they are not too tight.
How to estimate the sale price or rent of a car park ?
Knowing how to estimate the sale price or the rent of your car park is very important, but for this reason a few parameters are important. Indeed, each car park has its own specificities, which complicates the estimation and makes the study difficult. This step is essential to have a good positioning on the market in order to find the right tenant or buyer.
It is necessary to define the specificities and the advantages of your location :
You must understand that the price depends on the market, more precisely on local supply and demand. This differs according to the particularities or characteristics of the site to be rented or sold.
Review of the year, plans for 2019 : the word of the club’s founder
I hope you had a great Christmas and New Year. I wish you all the best for this new year and wish you all the best for a successful year in your real estate investments. Hopefully 2019 will be your year !
In 2018 : the great turning point
The year 2018 will remain in our memories as a major turning point for our investment community as we have passed the 1000-member mark, and I thank you for your renewed confidence and loyalty. Since its launch in 2013, our collective has grown from year to year, with a cumulative experience of 811 locations to date.
The membership renewal rate is currently 94%, we lost a few members this year. The experience of previous years shows that the majority of members who leave us return the following year to deepen their knowledge, learn more and share their experiences with other members.
After 5 years of existence, I had the pleasure to discuss with the members on the vast subject of “how to improve the community website? “That’s why in July 2018, I decided to reinvest all the member fees, i.e. $ 5.960, to create a new website with a new look, more design, more up-to-date, easier to use, more pleasant to read, with of course equivalent content and improvements in the quality of service.
Parking Garage collective becomes CIPG
Why this change ?
Since September 1, 2018, the Parking Garage collective has become CIPG : the Club of Investors in Parking lots and Garages. It has now been 6 years since our community was created. Our progress is such that we had to do something. Indeed, this year again we welcomed 30% more members, which is why I decided to stand out. With almost 100 investor members, our community needs to evolve to better meet your expectations and support you in your projects.
It is high time to reinvest the money from your contributions in good use. The members of the club’s team did not take any holidays this summer, to prepare you for the brand new platform for exchanges !
How do you boost your rental yields ?
Owner of 7 parking spaces and garages, Christophe explains how he has boosted his rental yields with a few tips. In this article, we will present his rental strategies that really work.
Why did you seek to boost your rental returns
I am lucky to have found good deals that allow me to get a very good return on investment. The Platinium members đ of the club can see my accounting results from the exchange platform. Some members have come up with great ideas to make more money legally. So I looked at my situation and thought about a strategy to further improve my rental income.