Mike Bolger REALTOR® in Kitchener / Waterloo

Buying a single-family investment property in the Kitchener Region can be challenging, but not unattainable! Another strategy to consider is Multi-Family Properties. With the new mortgage rules, some investors are hesitant to risk their cash for a higher down payment giving you more opportunity. Investor’s that are putting 20% down have a better chance of securing a mortgage. Often times, paying full market value for rental properties are required to take to get high-quality rental properties in a major area. Here are several points to look at Multi-Family Properties: 1 – Cash Flow Multi-family Properties have a tendency to provide more cash flow. Switch your attention on diversifying your portfolio with multi-family properties. Multi-family properties do really good in all parts of the real estate cycle. 2- Competition First-time buyers are not commonly investing in multi-family properties. You will have less competing offers, especially with four-plexes and more. ...

Investing in real estate is a good way to create success for you and your family. To get great results, it’s necessary to implement a different mindset. As a real estate investor, you are going to be searching for properties with profit potential over appearances. How do I make Money? To succeed in any goal in life, you must have a plan. Your investment strategy should be the plan you use to reach the goals. I suggest finding a positive cash flow property because this type of investment property will pay for itself over time. This is real estate that you can buy for less than its market value. I suggest you look for properties that are in an area located with higher priced properties. Find properties that offer easy and straightforward renovations that will enhance its value easily. Here is how you can identify if an investment is profitable: ·        Identify how much gross income the property will deliver ·    ...