Any investment property can earn you income, but a smart investor wants to maximize their profits. If you’re looking at new construction homes, you’ll soon see there are several styles to choose from, and they’re a far cry from run-down apartment complexes.
Whether you’re thinking about buying a home to live in or to rent out for investment income, the first decision you have to make is whether you build a brand-new home or a resale home.
Before you know it, winter will be knocking at our door. Canadians are known for being able to weather the storm, and we know what it’s like to face piles and piles of the fluffy white stuff.
Real estate investing is a great way to build long-term wealth, plan for retirement or even just to earn some extra cash to pay off your own mortgage faster. But real estate trends can often fluctuate in different areas, which means the current hot market might not necessarily be where you live.
If you’re reading this article, the odds are good that you want to make money by investing in real estate. Whether you’re looking for a way to fund your dream retirement, pay for your child’s post-secondary schooling, or want to set yourself free with passive income, you need a solid plan. We’re here to present you with one.
We often say that any time is the right time to start building your real estate empire. While that’s true, technically some times are better than others.
And that time is right now.
Getting the most out of your investment property doesn’t end with purchasing that property and putting the perfect tenants in it. To really get the most out of your investment, you need to ensure a great relationship with your tenants, so they want to stay.