INVESTING IN THE RIGHT REAL ESTATE

The first thing that comes to mind when an individual thinks about real estate is probably houses. However, there are many options out there when it comes to real estate investment and not all have to do with physical properties.Over half a century, real estate has become a very popular & lucrative form of investment.

  REASONS TO CONSIDER INVESTING IN REAL ESTATES 

  • Firstly, when trying to diversify your investment portfolio, investing in real estate should be on the top of your list since its considered to be an assert class on its own.
  • Secondly, as an investor being a landlord of a rental property can be a very lucrative way to make money.
  • Flipping properties is another key way to make money as a real estate investor. A simple way of explaining this process is buying a property for a cheap price and renovating that property to add value and putting the property back on the market at a higher price.
  • Lastly, by practicing Real Estate Investment Trust (REITs), individuals can market real estate properties without having to own or pump their own money into a real estate properties.

  PRICES OF REAL ESTATE PROPERTIES OVER THE YEARS

For a very long time, real estate without a doubt has been considered to be a smart & lucrative form of  investment opportunity and that is for a great reason. Historically, real estate properties especially housing data shows prices appreciate every single year, making this kind of investment less risky.

  REAL ESTATE: RENTAL PROPERTIES

People who chose to invest in rental properties take on the role as landlords. One must consider taking on the role of a landlord before investing in any form of rental property. Certain roles as a landlord include paying mortgages, paying insurances, property taxes, maintenance of the property, finding genuine paying tenants and also taking on every problem associated with your rental property.

real estate lawyer etobicoke

Being a landlord isn’t an easy task, Its hands on and therefore requires a lot of attention to critical details unless you are prepared to hire a property manger to handle any day to day activity in regards to your rental property. To lower the risks associated with being a landlord of a rental property, one must be careful when choosing the property he or she wants to invest in and also, pay close attention to who he or she chose to be a tenant of said rental property. The main way to make money as an owner of a rental property is to collect rent from tenants. The location of the property is key when determining how much you’d want to charge tenants as a land lord. 

                                 

 FLIPPING REAL ESTATE PROPERTIES

A real estate lawyer in Etobicoke can play an essential role when you are considering purchasing a property with the sole purpose of flipping. Real estate lawyers are important in the closing of property deals. Real estate flippers buy properties with the goal of keeping the property for a very short period of time for no more than four to five months by investing money in renovation works and selling the property at a higher price..

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