Why Investment Properties Are Worth It & When They're Not: Must-Know Tips!

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Thinking of buying an investment property? 🚀 Here's why it could be a smart move:
1. Great Entry Point: Dive into the market and reduce your mortgage payments! For a property priced at $850,000 with a 20% down payment at a 5% interest rate, your monthly costs are approximately $4,201, including mortgage, property tax, and insurance. By renting out the basement for $1,700-$1,900, you can slash your payments to just $2,300-$2,500! 🏠💡
2. Porting Your Mortgage: If you have a low-interest mortgage, porting it to a new property can save you money. 💸
3. Increase Rental Income: Explore options to add a third unit for even more rental revenue. 📈
When NOT to buy:
-If you need immediate cash flow 💵
-If you have a short-term property plan (1-3 years) ⏳
-If you’re relying solely on property appreciation 📉
-Just to jump into the market without a clear strategy 🚫
Stay till the end for a look at some recent sales! 🏡✨
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Connect with Saman Habibi:
Book A Call With Me: calendly.com/s....
Instagram: / samanhabibi_realestate
Facebook: / samanhabibirealestate
LinkedIn: / saman-habibi-cpa-ca
About Me:
My name is Saman Habibi and I am a full-time real estate agent with Right At Home Realty, Brokerage in Oshawa. I work with a wide array of clients purchasing and selling various types of real estate. From buying and selling my clients' principal residence to guiding investors in making strategic purchases. My plan is very simple: educate you on the various investment strategies, find you properties that you can invest in, and guide you through the ENTIRE closing process. On this channel, I will show you the projects I am working on and educate you on how you can invest in Real Estate. I began investing in Real Estate at the age of 21 by purchasing a pre-construction development in Whitby, ON. Since then, I have repositioned from purchasing single-family properties to two units or more.
I am also a CPA, CA with experience in audit and assurance as well as financial planning and analysis.
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Saman Habibi, CPA, CA
Sales Representative
Investor Focused Real Estate
Right At Home Realty Brokerage
O:905-665-2500
C:905-449-4242
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