You’ve looked at a variety of potential investment property types so far: duplexes, infill homes, suited homes, garage suites - and maybe they don’t seem quite right for you. Luckily there are still some more styles to choose from, and a single-family home could be perfect for your needs.
I had a chance to sit down and do a video with Russell Westcott and wanted to share it with you.
Three questions that tend to come up the most when consulting about real estate investment are:
You’ve decided to take the plunge and purchase an investment property in Edmonton. The next important decision to make is what kind of home you’re going to buy.
There are a lot of things to consider here, but we feel that suited homes come with a lot of benefits you may not have considered.
When it comes to buying a new investment property, one of the first decisions you’ll have to make is whether to buy a brand-new home or a pre-existing home. There are pros and cons to both options, but ultimately we feel that especially when it comes to long-term investment, the benefits of a new home far outweigh the down-sides.
When most people think about real estate investing in Canada, the first places they generally think of are large metropolitan areas, such as Vancouver and Toronto. While these are historically successful areas, they can also be difficult for new investors to get established in, as the prices tend to be very high with narrow cash flow margins.
If you’re thinking about getting involved in real estate, you naturally start by looking at the properties available in the area where you live. Sometimes, though, it quickly becomes clear that it might be hard to make a profit if you’re living in a hot or high priced market.
It’s smart to think carefully about how you invest your money. Many people feel that putting it in the stock market seems like a “safe” and easy investment.
To come out on top in real estate investing, you need both dollars and sense. When you buy a property, you’re investing tens of thousands of dollars into a single investment vehicle.