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How to Buy and Finance Apartment Buildings

Posted onOctober 21/2020By

In the world of investment properties, owning an apartment complex can be one of the best purchases you can make. It’s important to understand how it differs from other properties before deciding if an apartment is the right choice for your investment dollars. What is an apartment building? The first thing to understand is what type of rental property counts as an apartment building. A building with five or more units is considered a multifamily property or an apartment. This means that duplexes, fourplexes, and condominiums do not fall under the apartment category when it comes to investment properties. Financing…

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How to Start Turning a Profit on Your Investment Property

Posted onSeptember 28/2020By

Investing in a rental property can be a great way to build equity and secure a regular income. However, there are some ways that you can get even more from your investment. There are 3 main ways that you can see more profit from your investment property. These include an increase for your rental, a rise in the property value, and revenue from business operating on your commercial property. The Benefits of Investment Properties There are many reasons why people opt to buy real estate. Owning property other than the home you live in can be a reliable source of…

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3 Tips for Buying an Investment Property in Muskoka

Posted onAugust 24/2020By

Perhaps you’ve considered buying an investment property as a way to expand your investment portfolio. An excellent place to start is to consider an investment property in Muskoka and, more specifically, a cottage. There are several advantages to buying a cottage as an investment property in Muskoka: It’s easy to reach from the Greater Toronto Area (GTA) You can use it for your holidays You can rent it out when you’re not using it from as early as May to as late as Thanksgiving If you winterize it, you can rent it out year-round You can use the income from…

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Things to Consider When Buying an Investment Property

Posted onSeptember 07/2019By

There are many things that you should consider when buying an investment property, such as investing in a residential mortgage in Ontario. It should also be noted that while people can make money by buying and selling real estate properties, the world that is depicted in reality TV shows that focus on house flipping is not how the real world works. If you would like to procure a residential mortgage in Ontario and are interested in buying an investment property, then there are certain things that you should consider first. What is its condition? Some people may opt for a fixer-upper property due to the low initial investment. They may see potential in either the home or neighbourhood in which it is situated. However, you need to think in the long-term, as investment properties are a marathon and not a race. Ask a licensed and bonded home evaluator to inspect…

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