Investing in Condominiums

Investing in Condominiums

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A lot of information has been published for those who wish to buy a condo as a principal residence, but not for investors who want to expand into the condominium market. Investing in condominiums is not about being caught up in the mass hysteria of lining up to buy a pre-construction unit in a qhot neighbourhoodq and hopefully flipping it at a profit when it's built. On the contrary, investing in condos can be a very good way to generate solid returns when done according to the proven strategies outlined in the book. Investing in Condominiums will show readers the ins and outs of profitable condo investing by sticking to investing fundamentals, carrying out proper due diligence, and having an exit plan. Pre-construction condominiums, especially in Toronto and Vancouver are sought-after by both Canadian and international investors. The stable economy, low-interest rate environment, and appreciating values are a recipe for investor success. Investing in Condominiums gives Canadian investors the nuts and bolts of undertaking such an investment based on real-life examples and expert knowledge. By reading this book, the investor can proceed with full confidence knowing that they are asking the right questions, doing the math, and assembling the right team of experts that will help them realize their investment goals.Strategies, Tips and Expert Advice for the Canadian Real Estate Investor Brian Persaud, Randy Ramadhin ... Examples include properties incorrectly registered with name errors, or defined incorrectly and carried through for many years. ... There is also vacancy insurance for lost rent during the repair time. ... Lenders will look at a very comprehensive grid of factors, including your ratios along with your Beacon Score, otherwise known as your Equifax FICO credit score, to determine theanbsp;...

Title:Investing in Condominiums
Author:Brian Persaud, Randy Ramadhin
Publisher:John Wiley & Sons - 2011-11-08


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