It’s a big question for many real estate investors…
What is going on in the Edmonton rental market?
For this video, I had the chance to talk to Brennan Whitehouse of Casawise Property Management for an in-depth discussion on the current state of the Edmonton real estate market and what the current climate is looking like for renters and tenants. Established in 2004, Casawise manages over 600 properties in and around the Edmonton area and offers some great advice.
I recently had another chance to sit down with Russell Westcott for an in-depth discussion; this one all about the benefits of new construction homes in the Edmonton area and how they can benefit you as an investor.
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:
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 cash flow 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.