I`m currently reading Real Estate Investing in Canada 2.0 and it talks about finding the right city, neighborhood, area to invest in which makes perfect sense. My question is how do I look after my investment properties if they are halfway across Canada?
I live in BC but am presently working...
QUOTE (ThomasBeyer @ Oct 16 2010, 01:27 PM)
That is true.
Related posts to learn to get going:
5 ways to make money http://myreinspace.com/public_forums/General_Discussion/61-3347-5_ways_to_make_money.html
Appoaches to achieve success in real estate (and in life)...
QUOTE (invst4profit @ Oct 15 2010, 08:10 PM) What province are you looking at for your investment.
I am presently in Ontario doing some investigating and I live in BC where I am also having a look around as I learn more.
QUOTE (MonteDobson @ Oct 15 2010, 07:48 PM) The Federal Government implemented these changes: More info @ http://www.canadiancapitalist.com/new-mort...tal-properties/ or google the subject.
Thanks Monte. As you can see from my question I am trully new to this with oh so much to learn. I...
QUOTE (bizaro86 @ Oct 15 2010, 06:26 PM) Yes, this is correct.
Michael
well this certainly changes the amount of capital one requires to get started. Do you know who instituted this requirement? Where I can read up on who sets these policies?
Thanks
Hello all. I am brand new here and just learning about real estate investing. I have a question. I was recently told that as of April investment mortgages required a 20% down payment. Is there any truth to this? Any info/education anyone can offer would be very greatfully appreciated.
