There is one sure way to make money in real estate in our area of the GTA, buy a property, rent it out, hold it for at least 4 to 5 years.
Not only will you gain as your mortgage principal amount decreases during that time period as the the tenant is paying down your mortgage you also get to enjoy the increase in value of the property over time = profit.
It really is as simple as that.
All the Best!
Mark
The pros and cons of owning real estate
Read about my personal story of how to get that mortgage paid off quicker.
Search the MLS or read more about Interest Rates, Power of Sale Properties, Price Trends and more at my website.
Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
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E-MAIL : mark@mississauga4sale.com
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