Real Estate Investing

Real Estate Investing Can Be Great But Be Careful

Real estate prices are still breaking records in Toronto and the long term history is that real estate prices increase.

Here's some tips and an interesting course on investing in foreclosures in Canada

It's not easy for most people to understand the foreclosure process and most products are for the United States but this Vancouver investor claims to be able to help and offers a 60 day money back guarantee.

1. Study the market before you take action.

Is an area’s population is growing faster than the provincial average. Is it an area that's changing for the better?

2. Presale condominiums. Speculation or investment.

Presale condominiums, are not investing they are speculating. You are betting that the market will increase between now and the time they are built.

Investors instead study the market, don't rely on hot tips and due their due diligence before buying an investment property.

3. Don’t invest in properties just because they are cheap. There may be locational reasons a property is cheap or there may be repairs that cost you over time.

5. Look for cash flow, not equity appreciation.

If a property is losing money from day 1 but you think there is the opportunity for a quick flip - you could be wrong.

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