Buying an Investment Property
Spoiled for choice: there are plenty of options for investors, but how do you determine which investment property is the best one for you?
When we purchase a home for our own use, our criteria – size, location, amenities – is based on our own personal needs and preferences. However, when purchasing for the sole purpose of investment, the choices can be overwhelming. Residential or commercial? House or condo? One bedroom or three?
We prepared an outline of main points to consider before you start real estate investment:
Purchasing a rental property can be a great way to diversify your investment portfolio, but it is a big commitment. Being a property owner is time-consuming, and not for people who are interested in an easy, passive income stream.
Do you want to learn more about real estate investments? How to buy one or more investment properties? How much mortgage can you afford? Home Mortgage Advice is where you can get more information about your mortgage approval, and most other major questions regarding investment property.