Is investing in real estate still worth it? Many people are looking for ways to invest to increase their net worth and generate passive income. One of the biggest questions we’re regularly asked is about whether or not it’s a good time to invest in real estate. In 2008, when the housing prices took a significant drop, people speculated that the bubble was bursting and it was a terrible time to invest in real estate because prices would continue to fall. In 2016 when values has nearly doubled what they were in 2008, and the government stepped in with new tax and mortgage rules to cool down the market, people thought that there was a bubble and it was a terrible time to invest because the bubble was going to burst. Here was are now in 2020 and still no bubbles bursting. The real truth is that the trend in real estate is always upward. The other real truth is that you should be investing based on cash-flow if you want a recession-proof investment. At CREIC, we invest in real estate assuming that the market will drop and never count on speculation of the market. This is how real wealth is made. Besides, what other type of investment will allow you to control 100% of the asset with only a 20% down payment? That said, like any investment, real estate also has risks. By educating yourself and working with seasoned experts you can drastically minimise these risks, making real estate investing one of the least risky investment vehicles available in Canada. Here are the top five biggest risks you could be faced with when investing in real estate and some basic strategies to mitigate these risks: #1 Bruising your credit #2 Over-spending on renovations #3 Managing bad tenants #4 Being sued #5 Losing your property The Canadian Real Estate Investment Club is operated by seasoned, active real estate investors. Our mandate is to help new, prospective, and other seasoned investors minimise their risks and maximise their cash-flow and net worth. We believe it’s always a good time to invest in real estate because of our recession-proof investment strategies which have proven lucrative through various market scenarios over the last 15-20 years. Furthermore, the Canadian Real Estate Association (CREA) is forecasting a 7.5% increase in sales activity for 2020. What are your goals for this year? |
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CREIC Monthly Event – Official Club Meeting
- CREIC HQ – 40 Maritime Ontario Blvd, Suite #33, Brampton, ON
- Tuesday, January 28th, 2020
- Guests/Members: 6:00pm – 7:00pm
- Members Only: 7:30pm – 9:00pm
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