What Suits You?
When talking to people about Real Estate one of the most common questions we hear is "I have always thought of Investing- What is this market like?"
Often people have dabbled around the thought of Investing but there are to many "What If's" and "Unknowns" which stop people from looking further into different investment options. A good investment property can yield fantastic Return. However because of the different types of investments a lot of people back away from Investing because they are un clear of the different types and what exactly they entail.
Here is a brief run down of different ways to Investment in Real Estate:
Student Investments can be a very easy and quick 5 year Investment. With a broad price range of properties available from as low as $200,000.00 many people opt for purchasing a Student Investment Property as they are a true "Turn-Key Opportunity".
Student Investment Properties with the right tenants and monthly rate can be a very easy way to attain extra monthly income as well as a profit when selling the property.
Single Unit Tenant:
A Single Unit Tenant could be from a Family Home or a Condo. Area dependant a single unit property could easily yield a high monthly profit or a high profit when selling.
Multi Unit Tenant:
Multi Unit Tenant Properties house 2 or 3 Families under one roof. A great way to make a high monthly income however these properties can be a bit more difficult on the re-sale side as they can have a higher ticket purchase price.
Choosing the right area for a Pre-Construction Condo can result in a big pay off when the Condo is move-in ready. Many Investors go the route of Pre-Construction Condos and sell the units as they are just about to allow occupancy. A great way to make a quick profit! Some draw backs of the Pre-Construction Condo Route are that most builders will require 20% down and depending which phase you purchase in the pay off could take 2 years. Any new builds often require the payment of HST upon re-sale.
2 Different Types of Investments all housed in one! Live/Work Properties are becoming increasingly popular throughout the Halton Region. With the ability to Tenant the upstairs to a Family and the ground level to a Business. Live/Work Investments offer great Return on Investment and Monthly Profits. Another bonus-many of these units are Freehold!
The Flip Home:
Although many people are not willing to take on the task-Finding a "Diamond In The Rough" can offer fantastic Return On Investment and very quickly. Although these types of Investments require heavy cash flow from the get-go they also offer an Incredible Pay off in a Short Time Span.
The International Investment:
Looking for a Vacation Home? Investing down south has continued to appeal to investors in the later part of this past year. With low purchase prices and high weekly rental rates this style of investment is continuing to boom!
Want to Invest but don't have the time? Hire a Property Management Company. Depending on the area you are in Property Management Companies cover all of the "Landlord Duties" for 7-13% of your Gross Monthly Income! Hiring a Property Management Company can be a great way to establish a worry free investment!
Looking for an Investment Property? There are many different options to obtaining the perfect Investment Property for you. For more information Contact our team today!
Specializing in Investment Properties we are quickly able to identify the best areas for your price range, and level of Investment.
Make Your Approach~The Fresh Approach!
The Fresh Approach Real Estate Team with Keller Williams Realty Solutions,
Allana Thompson, Christy D'Oliveira, Kyrsten Feere
Allana- 416-567-2018 firstname.lastname@example.org
Christy- 647-261-8910 email@example.com
Kyrsten- 905-577-2608 firstname.lastname@example.org