Hi Karl,
Thanks very much for your advice. I myself live in Toronto. I am reading books on real estate investment, and hopefully start investing within a few months.
Thanks again for your advise, and wish the very best on your investment.
I am a newbie in this field, do any one of you know about the real estate investment environment in Canada, especially in Ontario?
Any suggestion from all you great seasonal investor how to get started in this field. I am really willing to learn, but i need guidance from all you experienced professionals.
Also, when starting to invest, usually what amount of money i need to have for cash flow?
Please kindly help me out. I REALLY REALLY APPRECIATE your suggestion!!!
WE R INTERESTED IN INVESTING UPTO 1 MILLION CANADIAN DOLLARS IN CASH FOR SOME RUNNING BUSINESS IN CANADA SHALL APPRICIATE UR ADVISE ND VALUABLE SUGGESTIONS
Ontario Canada is an excellent market for investment especially for Americans. Currency exchange alone yields 45%-50%. Of course are we talking about the Toronto or Sault Ste. Marie? Each market has its own dimensions. Recent property tax reform … 100% property market values makes estimates of fair market value much easier to determine. Find a legal firm that has a specialist in property on staff. This will assure closings that the Ontario Registry and Ontario contract law will execute. FIND a market that you really like such as COTTAGES and become known for acquisitions. Cottages are great for short term owner contracts which allows for 'flipping" of properties. . … Northern Ontario cottage owner/investor