Any investment property can earn you income, but a smart investor wants to maximize his or her profits. If you’re looking at new construction homes, you’ll soon see that there are several styles to choose from. Which of these is going to earn you the most money overall? There’s no cut-and-dry answer, but there are definitely things you'll want to consider.
When most investors think about buying real estate, they probably picture buying a home and then reselling it for a profit, usually after some substantial renovations.
But have you considered the idea of building a brand-new home from scratch to use as an investment property? While it can seem like a slightly daunting prospect, it’s actually a very easy and safe process for local and long-distance investors alike.
Edmonton is a growing city with a very diverse economy and plenty of multi-million dollar projects planned or taking place. In the most recent Growth Monitoring Report Edmonton was found to be the fastest growing city in all of Canada. Because of this continued rapid growth, there’s one thing the city needs a lot more of.
Are you thinking about buying a garage suite as an investment property ? Maybe you’ve heard about garage suites but aren’t sure whether this is the right investment for you. Discover the facts about garage suites and the advantages of purchasing one as an investment.
Investing in real estate can be the best thing you ever did, or it can be the worst thing you ever did! It’s not for everyone and it’s important you understand the associated risks and rewards. The good news is most of the risk can be avoided at time of acquisition by choosing the right type of property and buying it in the right area so it attracts the perfect tenant. In this article we will discuss the different property types and why they may or may not be a good fit for you.
Anyone who has experience in property investment knows that there are certain property types that are better suited for certain investors depending on their lifestyle as well as their desired time and money commitment. At TriUrban, we believe there are three property types that fall into the “sweet spot” of time versus money.
A popular saying around this time of year is: “New Year; New Me.” It refers to making a new years resolution to change old habits or behaviours that are holding you back from being successful in the new year. At TriUrban, we’ve come up with a slight variation on the motto for property investors. We say “New Year; New Construction.”
Is your investment property old, worn out, or run down? Is it sucking you dry with outrageous maintenance bills and problem tenants that require tons of management time? We know how frustrating this kind of property can be, especially when you think about the impact on your potential ROI.
So we’re happy to tell you that you don’t have to be stuck with one of these faulty properties. That’s because right now is the perfect time to sell your old investment properties and buy new construction. Here’s why: