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IMPORTANT! Are you from Ontario and thinking about investing in the Calgary Real Estate Boom?! Felix and Jaz will be in Markham, ON on Aug 22, 2024 for an in person workshop! Register for this free event now before it fills up! liveinnercityr...
Real estate is one of the best investment you can make today.
If you’re new in the real estate investing market, there are a lot of considerations that must be weighed in before you start your first investment.
One of these is determining which type of residential property you should buy - condo, townhome or a single-detached one. Having the right type of investment property will provide consistent cashflow and are great potentials for future appreciation.
Buying an investment property is different than buying as a first-time homebuyer or an empty nester looking to downsize.
An investment property is a real estate purchased with the intention of generating an income or a return on the investment through rental income or appreciation. There are many types of properties that an investor can buy. The three that will be tackled today are Condos, Townhomes, and Detached homes.
Choosing the right property that is more likely to increase in value is the most important decision you will make so buying the right property at the right price is absolutely critical.
Remember, whatever you choose, the property you will buy will be considered a long-term investment so you should definitely not rely on property prices to rise straight away.
In this video, Felix Chan, a real estate investment investor from Calgary, Alberta provides timely real estate investing tips. As experienced realtors, he is here to keep you in the know that investing in real estate in Calgary is something you should definitely consider.
Are you ready to take advantage of the market and invest in real estate? If so, contact us so we can help you research properties in your area.
This is LiveInnerCity’s - What is the Best Investment Property? | Condo vs Townhouse vs Detached - Real Estate Investing Tips
Chapters:
00:00 - What TYPE of property should you buy?
00:30 - The most important principle of generating wealth in real estate
1:45 - Don't make THIS mistake
2:39 - Questions to CONSIDER
3:20 - The BEST THING about Condos
4:12 - The truth about condos
5:05 - All about Townhome investing
5:51 - Are detached homes the BEST?
6:15 - How to have multiple streams of income
6:43 - Other possibilities with a detached investment property
7:43 - Why detached homes may not be for you
8:52 - Which property is the BEST
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RESOURCES & LINKS MENTIONED IN THIS VIDEO
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Start your HOME Search today
* Go to property type and choose your property type (Single family Home, Townhouse, Condo)
* Click on price ⋗ enter the min and max price
* Click on More ⋗ Property Details ⋗ scroll down to see "Area" and choose what zone you're in
* (Optional) Click on more again and select more features for your dream home!
* bit.ly/YT-Sear...
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Felix Chan & Jasben Lai are Calgary Realtors with the LiveInnerCity Real Estate Team in Alberta, Canada. Felix is also a Calgary Mortgage Broker and Real Estate Investor.
As your Calgary Real Estate Agents of choice, we are your one-stop-shop for all your Calgary Real Estate needs. We provide our best tips and tricks for home buyers, sellers, and investors looking in the Calgary Real Estate Market. We also dive into Calgary Communities and Home & Condo Tours.
If you want us to cover a specific real estate or mortgage topic or just have a question, please type it in the video comments below.
❤️ Enjoying our videos? Please L I K E and S U B S C R I B E ❤️
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