5 Questions to Ask Before Investing in Real Estate
By Mark Vosylius, Toronto, Ontario
(Mana Investments )
These Questions will help clarify your first steps to investing. What a time to be in real estate! Some areas up, some areas down. What is an investor supposed to do?. Yes I know many agents will say its tough out there but I am a "cup half full kinda guy" and I see nothing but opportunity out there. Here are 5 things you should ask yourself (and your agent) before buying an investment property in this market. •1- Where are we in the Real Estate Cycle? It is good to talk to an expert to find out what the market is doing. Every local market is in a cycle or trend. Find out where that cycle is and base your investment on that i.e. what the market is doing (upswing, flat or downswing). •2- Negotiate, Negotiate! In any real estate transaction be prepared to negotiate. If your b...
Comments
0