The Canadian Guide to Investing in Residential Property Successful real estate investments play an essential role in Canadian investors' portfolios. The growth in wealth in real estate markets has presented investors with tremendous opportunities to capitalize on and expand their range of investments. In Making Money in Real Estate, Douglas Gray demystifies the Canadian real estate market for novice investors and presents new strategies for veteran investors. Learn to: Understand the real estate market cycles Find a property and assess its investment potential Build a trustworthy real estate team Arrange financing on good terms Use negotiating tactics that work Understand tax and legal issues Manage a property Avoid the pitfalls that many investors fall into Examine the pros and cons of non-residential property investment options Making Money in Real Estate is a critical and indispensable tool in investment decision making.
Successful real estate investments play an essential role in Canadian investors' portfolios. The growth in wealth in real estate markets has presented investors with tremendous opportunities to capitalize on and expand their range of investments, and has moved real estate investing from a niche product to a pillar of smart portfolio diversification. In Making Money in Real Estate, 2nd Edition, Douglas Gray demystifies the Canadian real estate market for novice investors and presents new strategies for veteran investors. Learn to: Understand the real estate market cycles Find a property and assess its investment potential Build a trustworthy real estate team Arrange financing on good terms Use negotiating tactics that work Understand tax and legal issues Manage a property Avoid the pitfalls that many investors fall into Examine the pros and cons of non-residential property investment options Readers of previous editions will appreciate the vital changes to mortgage rules, taxation and legislation, and the inclusion of information on commercial real estate. Thorough coverage in plain English makes Making Money in Real Estate, 2nd Edition the next logical step for investors who want to begin or expand their real estate portfolios, and is a critical and indispensable tool in investment decision making.
The ultimate resource for Canadian residential landlords. Anyone can become a landlord, but not everyone will be a profitable landlord. Distilling over 35 years of his first-hand experience, Doug Gray, one of Canada’s most respected real estate authors and experts, guides readers on how to become a successful landlord. Following the effective and proven formula of his previous bestsellers, The Canadian Landlord Guide fills the void of information on Canadian landlording. Some of the covered topics include: Principles and formulas for profitable landlording Understanding how the real estate market works The pitfalls of real estate investing and how to avoid them Types of rental formats Where to get information on prospective properties How to finance real estate investments The legal aspects of buying and renting property Tenant selection Property maintenance Filled with easy-to-understand and credible advice, The Canadian Landlord Guide is a must-have resource for all Canadian landlords. Seasoned professionals and aspiring beginners alike will find Doug Gray’s landlording guide to be one of their key tools in their quest for real estate success. Doug Gray, B.A., LL.B. (Vancouver, BC) has been buying, renovating, and renting real estate for 35 years. In addition to being a successful real estate entrepreneur, Doug has written over 28 bestselling real estate, business, and personal finance titles, including Making Money in Real Estate (978-0-470-83620-0) and The Canadian Snowbird Guide (978-0-470-15375-8).
A new and revised edition of the commonsense guide to real estate riches More and more people are discovering that real estate investing is a safe and affordable way to increase their cash flow and build lasting wealth. If you want to achieve financial freedom, then look no further. 5 Magic Paths to Making a Fortune in Real Estate reveals the proven real estate investment strategies that many of today's millionaires used to make their fortunes. In fact, you don't even need a lot of money to start investing and start putting cash in your pocket today! Real estate expert James Lumley offers simple, straightforward explanations of the most common and lucrative approaches to property investment–including fixer-uppers, lease/options, wholesales, buy-and-hold, and single-and multifamily rentals. You'll understand all the basics of real estate and learn to use these five strategies to make a killing in any economy. Packed with new information–including sections on the IRS's simplified tax exchange rules and the capital gains exclusion–5 Magic Paths to Making a Fortune in Real Estate will show you how to: * Find foreclosed, repossessed, or condemned properties * Research the markets and perform valuations * Determine what you can safely afford * Negotiate with sellers and buyers * Find the best financing terms, including seller financing * Price and perform money-making repairs * Work with agents and contractors * And much more!
The ultimate guide to investing in property…and making a million! Everyone's looking to get rich, and a lot of those people are looking at investing in property as the way to get there. But watch out—making money in real estate isn't always as easy as it might look. At least, not without Your Property Success with Renovation in hand, that is. Written by Jane Slack-Smith, a true investment guru who's put together her own multi-million dollar property portfolio, this is the ultimate guide to making the housing market work for you. Loaded with no-nonsense advice to help you avoid the traps that so many would-be real estate investors fall into, Your Property Success with Renovation introduces a unique three-pronged, low-risk investing strategy. Rather than focusing on fast money, the book encourages a low-risk plan—find an area with above average capital growth, buy below market value, and build value through renovation—that will help you build a strong, profitable real estate portfolio. Introduces «The Trident,» a new way of approaching investing in real estate that focuses on low-risks and high rewards, not fast money Written by real estate portfolio expert Jane Slack-Smith, who transformed an initial investment of $45k into a multi-million dollar fortune using the techniques outlined in this book Shows you how to get the most out of the real estate market by emphasizing the value of property renovation With just two investment properties and one renovation the average Australian can put a million dollars in the bank within fifteen years, and mortgage broker Jane Slack-Smith is here to show you how.
Start building your fortune with the ultimate insider's guide to real estate investing The Insider's Guide to Making Money in Real Estate explains why real estate is a consistently profitable moneymaker and how everyday people just like you can build their fortune regardless of their credit score or how much money they have in the bank. It's true–you don't have to be rich to invest in real estate. It's the easiest, most leveraged method for building sustainable wealth over time, and it's open to everyone. In this practical, nuts-and-bolts guide, New York Times bestselling real estate authors Dolf de Roos and Diane Kennedy cover all the basics of investing and offer the kind of insider advice and little-known tips you won't find anywhere else. You'll get a wealth of bright ideas and smart investment moves, as well as examples, case studies, and true investing stories from successful investors just like you. Inside, you'll learn: * The ins and outs of commercial versus residential property * How to spot great bargains in neighborhoods with great potential * How to finance your investments with less-than-perfect credit * Quick tips for increasing the value of your property inexpensively * How to find reliable tenants who'll pay top dollar * Everything you need to know about property taxes and deductions * How to use tax benefits to increase your profits
EVERYTHING YOU NEED TO KNOW ABOUT REITS GETTING STARTED IN REAL ESTATE INVESTMENT TRUSTS Real Estate Investment Trusts (REITs) offer small investors the chance to participate in a broad range of real estate opportunities across most major property sectors and geographic locations. But to make the most out of this proven investment vehicle, you must first gain a firm understanding of it. Getting Started in Real Estate Investment Trusts provides an accessible introduction to the benefits and performance characteristics of REITs and examines the role they play in a well-diversified investment portfolio. Divided into three comprehensive parts, Getting Started in Real Estate Investment Trusts covers a wide variety of issues within this field, including: * The legal and financial history of REITs * How REITs behave as an investment class and how they are best integrated into an investor's portfolio * The fundamental economic issues that affect real estate and how they impact REITs * Specific methods for analyzing REITs as an investment * Different types of REITs: residential, office, industrial, retail property, and more Filled with in-depth insight and practical advice, Getting Started in Real Estate Investment Trusts is a valuable road map to an investment that can help stabilize and grow your portfolio for years to come.
Earn extra money investing in Australian property? Easy. Whether you want to prepare for retirement or just make a little extra money on the side, Getting Started in Property Investing For Dummies, Australian Edition, is the perfect way to take advantage of one of the most reliable and profitable investment vehicles in history. From weighing up your investing and financing options to managing the ongoing costs of real estate and building a long-term portfolio, this handy guide gives you the practical help and smart advice you need to get started. Ideal for entry-level investors who want to add brick-and-mortar assets to their investment portfolios, this book covers where to find capital, how to finance purchases and get the best mortgage terms, how to measure the value of properties, basic landlording guidance, and more. Offers practical property investing guidance for first-timers Completely up-to-date with the latest information on the current state of Australian real estate Bruce Brammall writes on property investing, personal finance and tax matters for the Herald Sun, the Eureka Report and News Limited's Your Money, and is the principal advisor and mortgage broker with Castellan Financial Consulting and Castellan Lending If you want to get started in real estate investing—as a full-time endeavor or just an addition to your current investment portfolio—Getting Started in Property Investing For Dummies, Australian Edition has you covered.
Create income property wealth If you think tycoons are the only ones who can make big money in commercial real estate, think again. In Investing in Income Properties: The Big Six Formula for Achieving Wealth in Real Estate, real estate guru Ken Rosen lays out the fundamentals for building real estate wealth. By adhering to the Big Six, a step-by-step formula that has enabled the author to buy and sell over $500 million in investment real estate since 1975, you can take advantage of real estate opportunities and ensure your financial future. This book explains: What is the BIG SIX formula How to find the right property Using your IRA to invest The romance of leverage Overcoming fear Real estate vs. stocks Getting the money Assembling the team How to convert rentals to condos Infinite returns Types of income properties Upside You make your money in buying Financing options T.N.T When it comes to understanding real estate investment, Investing in Income Properties stands alone for its straightforward approach and easy-to-understand explanations. It is a must-read for both beginners and seasoned pros.
HOW TO BUY U.S. REAL ESTATE WITH THE PERSONAL PROPERTY PURCHASE SYSTEM If you are thinking about buying real estate in the United States, either as a vacation property or an investment opportunity, this book provides you with comprehensive yet easy-to-understand information. Kimberley Marr, a Canadian real estate broker, has teamed up with a group of cross-border legal and tax professionals, mortgage specialists and U.S. real estate brokers each with years of experience. The Personal Property Purchase System outlines processes and considerations when purchasing property in the United States. U.S. destinations, especially in the Sunbelt, are popular choices for Canadians who are looking for a vacation/second property or investment opportunity. Statistics show that Canadians have been among the largest foreign groups of buyers of U.S. real estate. Price, accessibility, strength of the Canadian currency and similarities in culture are the primary reasons. But, you must keep in mind that the U.S. is a different country, with different laws. You need to be aware of these laws and comply with them. How to Buy U.S. Real Estate highlights important considerations in deciding what you want in a U.S. property, in what location and at what price. You will learn about Canadian and U.S. mortgages, titling options, foreclosures and short-sale property, medical and other insurance needs, currency issues, and much more. «Put the Personal Property Purchase System to work for you. It will provide you with valuable information and help you make the decision that is right for your personal or investment strategy.» —PAMELA ALEXANDER, CEO RE/MAX Integra Corporation «Kimberley Marr has demonstrated outstanding cross-border knowledge as a real estate broker, and has written a terrific primer that is a must-read for all Canadians looking to buy U.S. real estate.» —DAVID ALTRO, Attorney, Managing Partner, Altro & Associates, LLP «A well-written and thoughtful guide to purchasing U.S. real estate. The tools and checklists are so helpful that I plan to use them for my next home purchase.» —SUSAN INEZ POSKUS, President, Thomas C. Roberge & Company
Legal, Tax and Accounting Strategies for the Canadian Real Estate Investor begins and ends with the premise that buying property in Canada can be a smart, safe and successful way to invest your money. However, like most things in life, success requires hard work. You need to do your homework, understand what you are buying, and know the pros and cons of various decisions. Most importantly, you also need to know how to structure and maintain your investment. That's where we come in. Experience is a good teacher-but its lessons can be nasty and, in the real estate business, mistakes can cost you big bucks. Our goal with this book is to help you do it right-the first time. Rest assured that this book covers a vast range of topics and you're going to appreciate its breadth and depth if you're wondering about things like whether: You should opt for a sole proprietorship versus a partnership or corporate ownership strategy. There are things you can do to manage the way HST impacts your real estate investment business. You need information about the tax implications of a real estate disposition. You can change your bookkeeping system to better meet your needs and those of your accountant. Who Are We? This book was written by two individuals whose collective experience in helping Canadians make wise property investment decisions spans several decades. Steve Cohen is a securities lawyer with a great deal of experience in the real estate sector. George Dube is a chartered accountant whose knowledge is based on many years of helping clients with their property buying needs. Both Steve and George are real estate investors themselves. Working from this foundation, we have put together the definitive guide on how to build a successful real estate portfolio in Canada from a legal, tax and accounting perspective.
This book shows beginning and experienced real estate investors how, and where, to acquire one million dollars in real estate in one year using borrowed money. Author and real estate expert Tyler Hicks starts with the reasons why real estate is the world's best borrowed-money business, then discusses hands-on ways for any investor to: Choose the type of property to invest in Pick one of 49 mortgages that can finance the property Find loans on the Internet to finance property acquisition Deal with, and obtain funding from, private lenders Use self-starter methods to get the money needed to buy income real estate Get financing even with bad credit/no credit on the investor's record Tap into little-known sources of real estate financing for both beginners and experienced wealth builders Use 100% financing (zero-down) methods to acquire real estate Build wealth almost anywhere with property appreciation Put wraparound mortgages to work to acquire desirable properties Numerous real-life examples of people who have used this system successfully in their spare time are included. To further assist readers in acquiring the income real estate they seek, dozens of sources of funding are included.
Real estate remains one of the most stable investments available in Canada, offering a higher return than GICs and more security than stocks. Real Estate Investing For Canadians For Dummies, 2nd Edition offers a clear, comprehensive, and Canadian look at investing in real estate, from investigating properties (and other investment options, such as REITs), to securing financing, to managing properties, to knowing when to sell. Real-life anecdotes, useful web resources, and a balanced perspective will make this the ideal book for people looking to explore this lucrative field. Content in this revised edition covers the new opportunities available (such as foreclosures), the significant changes to financing, and changes to property management laws that every investor must know. Gray and Mitham also explore how investors can manage risk and survive (and thrive) in a volatile market and offer new advice on how to manage maintenance costs.
This book covers the entire cycle of becoming a successful real estate investor–providing detailed information on the Why's and, more importantly, the How's.Written in an accessible format, this book provides valuable information for first time real estate investors. Readers will find information on: Becoming a property investor, winning residential investment strategies; assembling your team; from offer to closing; how to work on fixer uppers; owning properties as a long term investment; flipping your property and all the business details necessary to invest.
When it comes to buying and selling real estate, knowledge is power – and this book lets you in on the secrets. Everything You Need to Know (But Forget to Ask) When Buying or Selling Property is a concise, authoritative guide. In plain, simple language, real estate agent Mary Smits looks at the many issues that confront both buyers and sellers, including: choosing a home or investment property wisely negotiating to save money understanding the paperwork dealing with and choosing real estate agents preparing to sell your property moving home. Mary explains how to search for property on the internet and provides tips to help you use buying and selling tactics to your advantage and avoid potential traps. The book features useful check lists to take with you to inspections, along with sound, practical advice.
A step-by-step guide to attracting all the investment funds you will ever need for your next real estate transaction As the sales of Real Estate Investing in Canada have proven, Canadians are looking to real estate investing to build wealth. In his bestselling book Real Estate Investing in Canada, Don R. Campbell introduces the Authentic Canadian Real Estate (ACRE) system, the first system of its kind to show ordinary Canadians how to profit from investing in residential real estate. Told as a narrative, a typical Canadian couple named Richard and Emma successfully buy their first properties and now are ready to leverage their equity into more properties. In order to achieve their goals, they are introduced to a joint-venture specialist and, with his guidance, they learn how joint-venture partnerships work and secrets and strategies for acquiring new properties that only the pros know. Richard and Emma build their portfolio – and their confidence – and so they leave their jobs to focus on real estate investing full-time. Following a proven 7-step system, Richard and Emma are equipped with the information, strategies and motivation they need to go to the next level by explaining: What are joint-venture partnerships and how do they work to create win-win relationships Wealth attraction principles-how to become a money magnet How and where to find joint-venture partners-marketing and lead generation–and separate the wheat from the chaff Structuring a joint venture deal-building a team of experts and the due diligence process Legal structures and agreements, including tax implications 19 landmines to avoid in joint venture partnerships Following up with current joint venture partners and duplicating success The appendices offer valuable time-saving checklists, forms and worksheets, as well as advice on paper flow and time management.