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.
People everywhere are investing in income properties. This can take many forms, but one of the most common ways for someone to get started is by having an income suite in their home. If you’ve been thinking about having an income suite but are worried about the lack of privacy, a garage suite could be the right choice for you.
Investors take note: A 2020 study has found that Edmonton is one of the fastest-growing cities in Canada. That means it’s a particularly hot location when it comes to investing.
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.
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.
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.”
Once you’ve made the decision to invest in real estate, the next thing you have to decide is which type of property, and which location, to invest in. This can be a difficult and confusing decision to make, but luckily, you don’t have to do it alone. TriUrban can make sure that you get an investment property that best suits your goals, and maximizes your potential ROI.