Two Reasons Why You Should Sign Up Today!

Have you considered buying and leasing out retail space? How about buying a fixer-upper and flipping it for a higher price? Maybe you’ve even toyed with the idea of purchasing a vacation home, somewhere you and your family can go to escape the rain and rent out when you’re not there?

No matter which option catches your eye, you’ve started to consider real estate investment. Some financial planning experts suggest it may be one of the wisest long-term investment strategies you could undertake – as long as it’s done well.

Before jumping into a real estate investment, it’s a wise idea to do your research first. Asking yourself a few key questions and familiarizing yourself with the unique terminology and various options are great first steps to figuring out whether it’s right for you. We waded through the web to bring you a couple of simple, relatively easy-to-read articles to help you get started:

• Investopedia’s Exploring Real Estate Investment, an eight-part tutorial, is a good starting point for understanding real estate, types of investments and more. It starts with the basics and dives deeper as you progress through the sections. Some of the topics addressed include the types and characteristics of real estate, things to think about when buying and owning property, and the rationale for adding estate to your portfolio. It’s the most detailed and informative of all pieces on our list but it’s worth the time.

• This Mint Life article, “The Risks and Benefits of Investing in Real Estate” , delivers exactly what it promises: A brief overview of all the risks and benefits to a couple of common real estate investments, including individual direct ownership, partnerships with close or well-known associates, general or limited partnerships, and publicly traded real estate investment trusts.

• “How to make money investing in real estate,” a Financial Post article, offers a Canadian perspective on real estate investment. It has a number of helpful pieces of information, like the importance of sticking to a basic tenet of real estate investment: Figuring out where and who is involved and whether there’s a promising future for your prospective investment.

• Finally, the Nest’s “Advantages & Disadvantages of Investing in Real Estate” and “Important Calculations for Real Estate Investments” are short, simple articles that deliver exactly what you would expect.

Reading articles is a helpful way to start familiarizing yourself with some of the terms, options, benefits and concerns regarding real estate investments. None of them are nearly as helpful as talking to an expert in person. Finding someone to answer your questions, help you discern what’s relevant and add unique details about real estate investment in Canada is invaluable. Contact Randy Dyck and the Eximus team by sending us an email or giving us a call at (604) 850-5040 to learn more about Canadian real estate investment today!