Investment Properties - Wealth Creators!
Take a look at these multi-family investment properties, this time in the Niagara Region. With properties prices in the GTA being as high as they are, you can sometimes find good investment opportunities not that far away.
5355 portage
5953 Empire
41 fourth street
25 fifth street
122 Hellems
5524 north street
6248 Dunn street
As always remember it is not as simple as just buying. You have to buy correctly. You must know what you are doing and you should be working with a realtor who is knowledgeable. If you aren't aware of what you need to focus on, you may end up with a "lemon", or worse yet, with a property that is not generating income and growth. So what do you need to be aware of? Here are some areas to think about when you are looking at income properties:
-Does it produce cash flow?
-What is the neighbourhood like? The quality of the neighborhood in which you buy will influence the types of tenants you attract.
-What future planning does the city have planned for that area?
-Is it close to schools?
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