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The location of an income property: an important factor to consider.

When purchasing your income property, consider locating the building coveted.

The location of the building is a very important element in determining a good investment. It is often better to pay more for a property located in a better area that is easier to manage rather than buying a better priced property in a harder to manage sector of town.

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The low interest rates and the effect on the yield.

It seems that today’s multi-residential market is in a bit of a dilemma. With the interest rates being very low (a 5 year CMHC insured loan for amounts greater than 1 million dollars hovering at the low 3% ranges), the asking prices on the multi residential apartment buildings have gotten to be expensive Continue reading

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