This site uses cookies.

The types of cookies we use, and the way we use them, are explained in our Privacy Policy. By clicking "Accept" or continuing to use our site, you agree to our use of Cookies. More information

Kari Clark
REALTOR®



cell:1.519.216.1791
Visit me on FacebookVisit me on LinkedIn
Community Resources
Contact Me!
Buying?
Selling?
Professionals To Call
Green Energy Savings & Incentives
Industry Updates
Information Center
Newsletters
School Boundaries
Search For Property
Things To Do
print version

Hey, you can be an investor too!

    2012 has been a very interesting and busy year for investments of all kinds. 2013 is going to be an even better year! I've been busy helping investors purchase properties to add value to their financial portfolio. Real estate in Ontario, Canada has always been a great investment. There are several reasons why a growing number of Canadians are using their home equity to purchase investment properties:
  1. No RRSPs? No problem. Real estate makes a great pension plan if you are self-employed or just want to take initiative and responsibility for your own retirement. You'll have a monthly income from tenants paying off YOUR mortgage. And you'll be building equity in another property while having also having tax breaks.

  2. Save rent or res money. Many Canadian parents are choosing to buy an investment house in the city where their kids are attending school. Rent out the remaining rooms to some friends of theirs, hire your student as a property manager and bonus you instil a little more responsibility during the whole process. You have a huge portion of the mortgage on the house paid off by the time they graduate. Win!

  3. Investment return rate. We all know it. Residential real estate is a secure long-term investment. The markets rise and fall. They always follow the same patterns. Just stick out your investment plan.

  4. First time homebuyers. Renting out the other half of a duplex or triplex can be a terrific way to attain home ownership. Mortgage lending will also be easier because you'll have another income to claim. It just has to be a legal property!

A minimum downpayment of 20% is required for an investment property if you aren't living there as your principal residence. You can put down less than 20%, but you'll need to use an uninsured or private lender, which can mean higher interest rates. Once you have more than four properties you need to start spreading out your business among several lenders so as to not reach the maximum number of mortgages a lender will approve per investor.

Sound confusing? It absolutely is. That’s why you need to speak with an experienced mortgage and investment professional to see what your options are and what suits your long term goals. I have a whole team of professional brokers and agents who I've been working with for several years now. Just call me and let me know how I can help!

I sell investment property of all kinds. Legal non conforming duplexs, old victorian triplexs, high end commercial real estate, industrial units for sale, country farm property, city townhouses - you name it. If you have some questions for me or a property you would like to sell, contact me and I would be happy to discuss your options.
1-519-216-1791 or email me kari@kariclarkhomes.com

Talk to you soon!

View more services  
adminlistingsprivacy policycontactsite map