I have a client that is currently taking advantage of the hot
Saskatchewan market. Over the last few years, he has been
buying up houses, condos and apartment buildings.
The least risky way to invest in real estate is to buy up
property for renting purposes. An owner of a rental
property is hoping to hold onto the property for a good
amount of time to watch its value increase. In many
cases once the mortgage is paid off, a rental property
owner can see the property value double. In the
meantime, the owner has the option to lease or rent out
the property units for personal supplemental income.
As inflation strikes, the owner can easily increase these
rental amounts to make an even better income.
"The Donald" uses properties in this same manner
and has amassed a fortune. Donald Trump began by
gobbling up land in a smart way and eventually building
prime rental properties for businesses and residences.
Even though you may not have the initial capital to invest
in real estate "big time", the
opportunities for making a profit out of owning real
estate is very real. Don't expect miracles
overnight. Many scams exist, so be careful in how
you approach these ventures. Consulting a reliable
expert is always advisable.