THE BEST REAL ESTATE INVESTMENT OPPORTUNITIES

Most of us think goals are the same thing as dreams.

Big-city real estate investment, and especially condo investment, has a bit of a bad rap. But it’s completely undeserved. I’d like to clear the air. We’re going to walk through the numbers and cut through the jargon to show you exactly what you’re getting in a condo investment.

I make no secret of my passion for real estate investment. And it’s not a gimmick or a sales thing. Real estate investment helped me climb out of a debt hole of more than half a million dollars.

Investing in Real Estate can be complicated. Here are 8 things to avoid when investing in pre-construction condos.

At first glance, picking a pre-construction builder might not seem all that important. Buyers rarely, if ever, choose a property because they love the builder. But picking the right builder is key to ensuring you get the property you want on time and on budget, which is especially important for investment properties. Knowing your builders - and choosing a realtor who does too - can lower your prices and improve your product, netting you a stronger investment.

In Toronto’s hot real estate market, an early purchase of a pre-construction condo can usually net a tidy profit once the building is finished. Even with growing concerns about market saturation and shifting costs, pre-construction condos are still an excellent investment - but not for the reasons you might think.

Instead of waiting a few years to turn a small profit on resale, converting real estate into a rental property can be a lucrative long-term investment.Strategically purchasing and renting out an urban condo can build your equity and earn you long-term returns from paying tenants.