The key to successful real estate investing is building your empire in the right place at the right time. Big cities like Toronto and Vancouver have a lot of appeal, but it may be tough to find opportunities that can produce cash flow because of the high price tags.
Real estate investors should get ready to make their purchases while TriUrban is hosting its special new construction pre-sale program for investors! We understand the rental market, and we’re using this knowledge to help you maximize the profits you get from your property.
A successful real estate investor doesn’t go through the process alone. You need a solid team of people you trust on your side if you want to build your investment property empire. Finding and hiring this team can be daunting, so we’ve put together a list of the people you will need on your side.
Once you’ve built this team, the entire process will go much more smoothly.
When you start looking for an investment property to purchase, you’ll likely find a variety of options. Naturally, you'll want to select a property that surpasses all of your expectations.
Discover ten tips on how to choose the investment property that’s right for you!
When choosing an investment property in Edmonton, you will likely be faced with the decision of whether to buy new construction or go for something older, maybe even a fixer-upper.
Both options have their pros and cons, however, we've found that the benefits of a new construction home far outweigh any cons, especially for long-term holds. The process to purchase a new home may seem daunting, but there are some great checkmarks in the pro column for investing in a new construction home.
You already know that investing in real estate is a smart business move, but did you know you aren't limited to where you live?
In fact, it can be even smarter to invest in real estate that isn't close by. Sure, it’s not quite as convenient to just pop in to see what the property looks like, however, you’re still able to take advantage of the up-trending markets you can find elsewhere in the country.
Every person and family has different financial goals and different reasons for them. Owning real estate can provide you and your family a steady income stream and a great lifestyle. Some investors will require 1 or 2 properties and others will require a larger portfolio.
But just how many will you need?
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.